Registered number
05676620
Huttons Butchers Ltd
Unaudited Filleted Accounts
31 May 2024
Huttons Butchers Ltd
Registered number: 05676620
Balance Sheet
as at 31 May 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 500,000 500,000
Current assets
Debtors 4 4,651 4,157
Cash at bank and in hand 81,459 97,128
86,110 101,285
Creditors: amounts falling due within one year 5 (6,128) (5,320)
Net current assets 79,982 95,965
Total assets less current liabilities 579,982 595,965
Provisions for liabilities (32,258) (32,258)
Net assets 547,724 563,707
Capital and reserves
Called up share capital 330,000 330,000
Revaluation reserve 6 137,522 137,522
Profit and loss account 80,202 96,185
Shareholders' funds 547,724 563,707
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mrs D Lee
Director
Approved by the board on 13 February 2025
Huttons Butchers Ltd
Notes to the Accounts
for the year ended 31 May 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 June 2023 500,000
At 31 May 2024 500,000
Depreciation
At 31 May 2024 -
Net book value
At 31 May 2024 500,000
At 31 May 2023 500,000
Freehold land and buildings: 2024 2023
£ £
Historical cost 330,220 330,220
Cumulative depreciation based on historical cost - -
330,220 330,220
The properties were valued in 2021 by Lister Haigh (Yorkshire) Ltd
4 Debtors 2024 2023
£ £
Trade debtors 3,050 2,600
Prepayments 183 139
Corporation Tax Recoverable 1,418 1,418
4,651 4,157
5 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs - 3,912
Director's Loan Accounts 5,118 428
Other creditors 1,010 980
6,128 5,320
6 Revaluation reserve 2024 2023
£ £
At 1 June 2023 137,522 137,522
At 31 May 2024 137,522 137,522
7 Other information
Huttons Butchers Ltd is a private company limited by shares and incorporated in England. Its registered office is:
27 Manor Road
Knaresborough
HG5 0BN
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