2024-04-01 00424648 2025-03-31 00424648 2024-04-01 2025-03-31 00424648 2024-03-31 00424648 2023-04-01 2024-03-31 00424648 uk-core:WithinOneYear 2024-03-31 00424648 uk-core:WithinOneYear 2025-03-31 00424648 uk-core:ShareCapital 2025-03-31 00424648 uk-core:ShareCapital 2024-03-31 00424648 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 00424648 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 00424648 uk-bus:Director1 2024-04-01 2025-03-31 00424648 uk-bus:Director2 2024-04-01 2025-03-31 00424648 uk-core:LeaseholdImprovements 2024-04-01 2025-03-31 00424648 uk-core:PlantMachinery 2024-04-01 2025-03-31 00424648 uk-core:ComputerEquipment 2024-04-01 2025-03-31 00424648 uk-core:CommercialMotorVehicles 2024-04-01 2025-03-31 00424648 uk-core:FurnitureFittings 2024-04-01 2025-03-31 00424648 uk-core:ComputerEquipment 2024-03-31 00424648 uk-core:FurnitureFittings 2024-03-31 00424648 uk-core:CommercialMotorVehicles 2024-03-31 00424648 uk-core:PlantMachinery 2024-03-31 00424648 uk-core:LeaseholdImprovements 2024-03-31 00424648 uk-core:LeaseholdImprovements 2025-03-31 00424648 uk-core:CommercialMotorVehicles 2025-03-31 00424648 uk-core:FurnitureFittings 2025-03-31 00424648 uk-core:ComputerEquipment 2025-03-31 00424648 uk-core:PlantMachinery 2025-03-31 iso4217:GBP xbrli:pure 00424648 uk-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 00424648 uk-bus:FRS102 2024-04-01 2025-03-31 00424648 uk-bus:FilletedAccounts 2024-04-01 2025-03-31 00424648 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31
Leonard Taylor & Sons (Butchers) Limited
Registered Number:00424648
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2025
Leonard Taylor & Sons (Butchers) Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
00424648
As at 31 March 2025
Leonard Taylor & Sons (Butchers) Limited
Statement of Financial Position
£
£
2024
2025
Notes
Fixed assets
Property, plant and equipment
9,956
10,978
2
9,956
10,978
Current assets
Inventories
8,100
8,400
3
Trade and other receivables
39,310
40,465
4
68,230
Cash and cash equivalents
76,872
125,737
115,640
Trade and other payables: amounts falling due within one year
(66,956)
(79,840)
5
48,684
45,897
Net current assets
Total assets less current liabilities
55,853
59,662
(547)
(670)
Provisions for liabilities
55,306
Net assets
58,992
Capital and reserves
Called up share capital
400
400
Retained earnings
54,906
58,592
55,306
58,992
Shareholders' funds
For the year ended 31 March 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Shaun Paul Michael Webb Director
Mr Benjamin Wear Director
These financial statements were approved and authorised for issue by the Board on 06 June 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2025
Leonard Taylor & Sons (Butchers) Limited
Notes to the Financial Statements
Statutory Information
Leonard Taylor & Sons (Butchers) Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 00424648.
Registered address:
The Cross, 1 West End
Minchinhampton
Stroud
Gloucestershire
GL6 9JA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting
Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act
2006. The financial statements have been prepared under the historical costs convention as modified by the revaluation
of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Improvements to Property
5% Reducing balance
Plant and Machinery
25% Reducing balance
25% Reducing balance
Computer Equipment
25% Reducing balance
Motor Vehicles
15% Reducing balance
Furniture and Fittings
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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5
For the year ended 31 March 2025
Leonard Taylor & Sons (Butchers) Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Motor Vehicles
Plant and
Machinery
Improvements
to Property
£
£
£
£
£
£
Cost or valuation
At 01 April 2024
63,002
359
40,464
9,723
749
11,707
At 31 March 2025
11,707
9,723
40,464
359
63,002
749
Provision for depreciation and impairment
At 01 April 2024
52,024
300
39,363
8,050
666
3,645
Charge for year
1,022
15
165
418
21
403
At 31 March 2025
53,046
315
39,528
8,468
687
4,048
At 31 March 2025
Net book value
7,659
62
1,255
936
44
9,956
8,062
83
1,673
1,101
59
10,978
At 31 March 2024
3. Inventories
2024
2025
£
£
Stocks
8,400
8,100
4. Trade and other receivables
2024
2025
£
£
Trade debtors
39,809
38,264
Other debtors
656
1,046
39,310
40,465
5. Trade and other payables: amounts falling due within one year
2024
2025
£
£
Trade creditors
29,592
23,388
Taxation and social security
35,342
27,484
Other creditors
14,906
16,084
79,840
66,956
6. Average number of persons employed
During the year the average number of employees was 5 (2024 : 6)
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6
For the year ended 31 March 2025
Leonard Taylor & Sons (Butchers) Limited
Notes to the Financial Statements Continued
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