Registered number
10952028
The Butcher's Hook Bristol Ltd
Unaudited Filleted Accounts
30 September 2024
The Butcher's Hook Bristol Ltd
Registered number: 10952028
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 - 2,500
Tangible assets 4 169,087 170,508
169,087 173,008
Current assets
Stocks 3,000 3,000
Debtors 5 4,566 8,607
Cash at bank and in hand 60,315 30,574
67,881 42,181
Creditors: amounts falling due within one year 6 (30,740) (35,107)
Net current assets 37,141 7,074
Net assets 206,228 180,082
Capital and reserves
Called up share capital 10 10
Profit and loss account 206,218 180,072
Shareholders' funds 206,228 180,082
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.
G Georgiou
Director
Approved by the board on 30 May 2025
The Butcher's Hook Bristol Ltd
Notes to the Accounts
for the year ended 30 September 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).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
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 Not depreciated
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment 15% Reducing balance
Vehicles 25% Reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 3
3 Intangible fixed assets £
Goodwill:
Cost
At 1 October 2023 55,000
At 30 September 2024 55,000
Amortisation
At 1 October 2023 52,500
Provided during the year 2,500
At 30 September 2024 55,000
Net book value
At 30 September 2024 -
At 30 September 2023 2,500
Goodwill has now been written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 October 2023 160,000 15,406 3,000 178,406
Additions - 522 - 522
At 30 September 2024 160,000 15,928 3,000 178,928
Depreciation
At 1 October 2023 - 7,773 125 7,898
Charge for the year - 1,224 719 1,943
At 30 September 2024 - 8,997 844 9,841
Net book value
At 30 September 2024 160,000 6,931 2,156 169,087
At 30 September 2023 160,000 7,633 2,875 170,508
5 Debtors 2024 2023
£ £
Trade debtors 2,912 8,607
VAT Recoverable 1,114 -
Corporation Tax Recoverable 540 -
4,566 8,607
6 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 9,872 12,980
Taxation and social security costs 15,392 8,553
Other creditors 5,476 13,574
30,740 35,107
7 Related party transactions
G Georgiou - Director and Shareholder
Amount owed to the Director £1,561 (2023 £14,501), interest free and repayable on demand
8 Other information
The Butcher's Hook Bristol Ltd is a private company limited by shares and incorporated in England. Its registered office is:
114 High Street
Staple Hill
Bristol
BS16 5HH
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