| Leonard Taylor & Sons (Butchers) Limited |
| Registered Number:00424648 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
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
Leonard Taylor & Sons (Butchers) Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
9,956
10,978
2
9,956
10,978
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
400
400
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 |
1 of 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. |
The Cross, 1 West End
Minchinhampton
Stroud
Gloucestershire
GL6 9JA
| The presentation currency is £ sterling. |
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
Plant and Machinery
Computer Equipment
Motor Vehicles
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. |
2 of 4
For the year ended 31 March 2025
Leonard Taylor & Sons (Butchers) Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor Vehicles
63,002
359
40,464
9,723
749
11,707
11,707
9,723
40,464
359
63,002
749
| Provision for depreciation and impairment |
52,024
300
39,363
8,050
666
3,645
Charge for year
1,022
15
165
418
21
403
53,046
315
39,528
8,468
687
4,048
7,659
62
1,255
936
44
9,956
8,062
83
1,673
1,101
59
10,978
2024
2025
8,400
8,100
| 4. Trade and other receivables |
2024
2025
39,809
38,264
656
1,046
39,310
40,465
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
29,592
23,388
| Taxation and social security |
35,342
27,484
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)
3 of 4
For the year ended 31 March 2025
Leonard Taylor & Sons (Butchers) Limited
Notes to the Financial Statements Continued
4 of 4