Butlers Intra Ltd 14069325 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is that of property maintance Digita Accounts Production Advanced 6.30.9574.0 true false 14069325 2023-05-01 2024-04-30 14069325 2024-04-30 14069325 core:RetainedEarningsAccumulatedLosses 2024-04-30 14069325 core:ShareCapital 2024-04-30 14069325 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 14069325 core:MotorVehicles 2024-04-30 14069325 bus:SmallEntities 2023-05-01 2024-04-30 14069325 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 14069325 bus:FullAccounts 2023-05-01 2024-04-30 14069325 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 14069325 bus:RegisteredOffice 2023-05-01 2024-04-30 14069325 bus:Director1 2023-05-01 2024-04-30 14069325 bus:Director2 2023-05-01 2024-04-30 14069325 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 14069325 bus:Agent1 2023-05-01 2024-04-30 14069325 core:RetainedEarningsAccumulatedLosses 2023-05-01 2024-04-30 14069325 core:ShareCapital 2023-05-01 2024-04-30 14069325 core:MotorVehicles 2023-05-01 2024-04-30 14069325 1 2023-05-01 2024-04-30 14069325 countries:EnglandWales 2023-05-01 2024-04-30 14069325 dpl:AdministrativeExpenses 2023-05-01 2024-04-30 14069325 dpl:CostSales 2023-05-01 2024-04-30 14069325 2023-04-30 14069325 core:RetainedEarningsAccumulatedLosses 2023-04-30 14069325 core:ShareCapital 2023-04-30 14069325 core:MotorVehicles 2023-04-30 14069325 2022-04-26 2023-04-30 14069325 2023-04-30 14069325 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 14069325 core:MotorVehicles 2023-04-30 14069325 core:RetainedEarningsAccumulatedLosses 2022-04-26 2023-04-30 14069325 core:ShareCapital 2022-04-26 2023-04-30 14069325 dpl:AdministrativeExpenses 2022-04-26 2023-04-30 14069325 dpl:CostSales 2022-04-26 2023-04-30 14069325 2022-04-25 iso4217:GBP xbrli:pure

Registration number: 14069325

Butlers Intra Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 30 April 2024

 

Butlers Intra Ltd

Contents

Company Information

1

Directors' Report

2

Accountants' Report

3

Profit and Loss Account

4

Statement of Comprehensive Income

5

Balance Sheet

6

Statement of Changes in Equity

7

Notes to the Unaudited Financial Statements

8 to 10

iXBRL Detailed Profit and Loss Account

11

 

Butlers Intra Ltd

Company Information

Directors

Mr S A Butler

Miss A H Saunders

Registered office

Town Close
Washford Pyne
Crediton
Devon
EX17 4QZ

Accountants

Wortham Jaques Limited 130a High Street,
Crediton,
Devon
EX17 3LQ

 

Butlers Intra Ltd

Directors' Report for the Year Ended 30 April 2024

The directors present their report and the financial statements for the year ended 30 April 2024.

Directors of the company

The directors who held office during the year were as follows:

Mr S A Butler

Miss A H Saunders

Principal activity

The principal activity of the company is that of property maintance

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 27 January 2025 and signed on its behalf by:
 

.........................................
Mr S A Butler
Director

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Butlers Intra Ltd
for the Year Ended 30 April 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Butlers Intra Ltd for the year ended 30 April 2024 as set out on pages 4 to 10 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Butlers Intra Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Butlers Intra Ltd and state those matters that we have agreed to state to the Board of Directors of Butlers Intra Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Butlers Intra Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Butlers Intra Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Butlers Intra Ltd. You consider that Butlers Intra Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Butlers Intra Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Wortham Jaques Limited
130a High Street,
Crediton,
Devon
EX17 3LQ

28 January 2025

 

Butlers Intra Ltd

Profit and Loss Account for the Year Ended 30 April 2024

Note

2024
£

2023
£

Turnover

 

2,000

2,406

Cost of sales

 

(133)

(369)

Gross profit

 

1,867

2,037

Administrative expenses

 

(4,845)

(5,910)

Operating loss

 

(2,978)

(3,873)

Loss before tax

4

(2,978)

(3,873)

Loss for the financial year

 

(2,978)

(3,873)

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

 

Butlers Intra Ltd

Statement of Comprehensive Income for the Year Ended 30 April 2024

2024
£

2023
£

Loss for the year

(2,978)

(3,873)

Total comprehensive income for the year

(2,978)

(3,873)

 

Butlers Intra Ltd

(Registration number: 14069325)
Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

5

4,956

4,400

Current assets

 

Cash at bank and in hand

 

54

242

Creditors: Amounts falling due within one year

6

(11,761)

(8,415)

Net current liabilities

 

(11,707)

(8,173)

Net liabilities

 

(6,751)

(3,773)

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(6,851)

(3,873)

Shareholders' deficit

 

(6,751)

(3,773)

For the financial year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 27 January 2025 and signed on its behalf by:
 

.........................................
Mr S A Butler
Director

 

Butlers Intra Ltd

Statement of Changes in Equity for the Year Ended 30 April 2024

Share capital
£

Retained earnings
£

Total
£

At 1 May 2023

100

(3,873)

(3,773)

Loss for the year

-

(2,978)

(2,978)

At 30 April 2024

100

(6,851)

(6,751)

Share capital
£

Retained earnings
£

Total
£

Loss for the year

-

(3,873)

(3,873)

New share capital subscribed

100

-

100

At 30 April 2023

100

(3,873)

(3,773)

 

Butlers Intra Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Town Close
Washford Pyne
Crediton
Devon
EX17 4QZ

These financial statements were authorised for issue by the Board on 27 January 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Motor vehicles

20% reducing balance basis

 

Butlers Intra Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

4

Loss before tax

Arrived at after charging/(crediting)

2024
£

2023
£

Depreciation expense

1,239

1,100

 

Butlers Intra Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

5

Tangible assets

Motor vehicles
 £

Total
£

Cost or valuation

At 1 May 2023

5,500

5,500

Additions

1,795

1,795

At 30 April 2024

7,295

7,295

Depreciation

At 1 May 2023

1,100

1,100

Charge for the year

1,239

1,239

At 30 April 2024

2,339

2,339

Carrying amount

At 30 April 2024

4,956

4,956

At 30 April 2023

4,400

4,400

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

1,074

-

Accruals and deferred income

1,074

1,074

Other creditors

9,613

7,341

11,761

8,415

7

Parent and ultimate parent undertaking

The ultimate controlling party is the company's directors.

 

Butlers Intra Ltd

iXBRL Detailed Profit and Loss Account for the Year Ended 30 April 2024

2024
£

2023
£

Turnover/revenue

2,000

2,406

Cost of sales

Opening stock/inventories

-

-

Purchase of raw materials and consumables

(133)

(369)

Closing stock/inventories

-

-

Gross profit

1,867

2,037

Distribution costs

Administrative expenses

Audit and accountancy other services

(1,074)

(1,074)

Advertising, promotions and marketing costs

(139)

(141)

Depreciation of fixed assets

(1,239)

(1,100)

Vehicle costs

(1,358)

(2,506)

Bank charges

(55)

(60)

Telecommunications

(980)

(1,029)

Other operating income

Other items

Loss for the financial year

(2,978)

(3,873)