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REGISTERED NUMBER: 09278008 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 AUGUST 2023 TO 27 JULY 2024

FOR

A C COUGHTREY & SON LIMITED

A C COUGHTREY & SON LIMITED (REGISTERED NUMBER: 09278008)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 AUGUST 2023 TO 27 JULY 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


A C COUGHTREY & SON LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 AUGUST 2023 TO 27 JULY 2024







DIRECTORS: A C Coughtrey
Ms K Coughtrey





REGISTERED OFFICE: Stane Street Nurseries
Stane Street
Codmore Hill
Pulborough
West Sussex
RH20 1BQ





REGISTERED NUMBER: 09278008 (England and Wales)





ACCOUNTANTS: Lewis Brownlee (Chichester) Limited
Grange House
Grange Road
Midhurst
West Sussex
GU29 9LS

A C COUGHTREY & SON LIMITED (REGISTERED NUMBER: 09278008)

STATEMENT OF FINANCIAL POSITION
27 JULY 2024

2024 2023
Notes £ £ £
FIXED ASSETS
Tangible assets 4 139,608 142,220

CURRENT ASSETS
Stocks 15,000 15,000
Debtors 5 90,205 28,727
Cash at bank and in hand 735,209 854,400
840,414 898,127
CREDITORS
Amounts falling due within one year 6 41,890 70,546
NET CURRENT ASSETS 798,524 827,581
TOTAL ASSETS LESS CURRENT
LIABILITIES

938,132

969,801

PROVISIONS FOR LIABILITIES 2,335 3,524
NET ASSETS 935,797 966,277

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 935,795 966,275
935,797 966,277

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 27 July 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 27 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

A C COUGHTREY & SON LIMITED (REGISTERED NUMBER: 09278008)

STATEMENT OF FINANCIAL POSITION - continued
27 JULY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 April 2025 and were signed on its behalf by:





Ms K Coughtrey - Director


A C COUGHTREY & SON LIMITED (REGISTERED NUMBER: 09278008)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 AUGUST 2023 TO 27 JULY 2024


1. STATUTORY INFORMATION

A C Coughtrey & Son Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentational currency of the financial statements is in Pound Sterling (£) which is rounded to the nearest pound (£).

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover, relating to the preparation and sale of meat products, comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown as net sales including any rebates and discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 25% on reducing balance

Land and Buildings are not depreciated as the residual value is at least equal to cost. Land and Buildings are stated at original cost and reviewed for impairment.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Financial instruments are classified by the director as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method, unless the effect of discounting would be immaterial, in which case they are stated at cost.The company has no advanced financial instruments.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


A C COUGHTREY & SON LIMITED (REGISTERED NUMBER: 09278008)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 AUGUST 2023 TO 27 JULY 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense. The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Going concern
At the time of approving the financial statements, the directors have confirmed that the company ceased it's main butcher's trade on 25 March 2025. The company continues to be operational with respect to it's other operating rental income. Taking into consideration the period of trading post year end and the continuing operations of the business, the directors consider it appropriate for the company's financial statements to be prepared on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 8 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£ £ £
COST
At 1 August 2023 125,000 43,623 168,623
Additions - 1,004 1,004
At 27 July 2024 125,000 44,627 169,627
DEPRECIATION
At 1 August 2023 - 26,403 26,403
Charge for period - 3,616 3,616
At 27 July 2024 - 30,019 30,019
NET BOOK VALUE
At 27 July 2024 125,000 14,608 139,608
At 31 July 2023 125,000 17,220 142,220

A C COUGHTREY & SON LIMITED (REGISTERED NUMBER: 09278008)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 AUGUST 2023 TO 27 JULY 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 95 4,055
Other debtors 90,110 24,672
90,205 28,727

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 11,568 1,533
Taxation and social security 16,989 64,999
Other creditors 13,333 4,014
41,890 70,546

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors were advanced £79,857. At the end of the financial year the directors owed £43,835 (2023 : £Nil). Interest has been charged on the loan at 2.25% and there are no fixed terms for repayment.

The company has a rent free licence with the directors to occupy the land and buildings and to rent it out as they see fit.

8. POST BALANCE SHEET EVENTS

As disclosed in the going concern accounting policy, the company ceased it's main trade on 25 March 2025 on the grounds that the directors no longer wished to continue operating the butcher's shop. The company will continue to be operational with regard to it's rental operating income.