Country Butchers (Berkshire) Limited
Registered number: 12290783
Statement of Financial Position
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 3,605 912
Current assets
Stocks 100 5,930
Debtors 4 5,699 4,498
Cash at bank and in hand 25,508 16,204
31,307 26,632
Creditors: amounts falling due within one year 5 (15,957) (12,005)
Net current assets 15,350 14,627
Total assets less current liabilities 18,955 15,539
Provisions for liabilities (685) -
Net assets 18,270 15,539
Capital and reserves
Called up share capital 100 100
Profit and loss account 18,170 15,439
Shareholders' funds 18,270 15,539
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 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.
P Riccio
Director
Approved by the board on 18 June 2025
Country Butchers (Berkshire) Limited
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.
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.
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:
Plant and machinery 25% reducing balance
Inventories
Inventories 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, 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. 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.
Provisions
Provisions are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2 Employees and directors 2024 2023
Number Number
Average number of directors and persons employed by the company 3 3
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2024 2,884
Additions 3,895
At 31 December 2024 6,779
Depreciation
At 1 January 2024 1,972
Charge for the year 1,202
At 31 December 2024 3,174
Net book value
At 31 December 2024 3,605
At 31 December 2023 912
4 Debtors 2024 2023
£ £
Trade debtors 4,802 3,310
Other debtors 897 1,188
5,699 4,498
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 3,735 3,572
Accruals 1,343 1,307
Corporation tax 8,614 3,736
Other taxes and social security costs 1,162 1,126
Other creditors 1,103 2,264
15,957 12,005
6 Other information
Country Butchers (Berkshire) Limited is a private company limited by shares and incorporated in England. Its registered office is:
656 Wokingham Road
Earley
Reading
RG6 7HN
Country Butchers (Berkshire) Limited 12290783 false 2024-01-01 2024-12-31 2024-12-31 VT Final Accounts July 2024 P Riccio No description of principal activity 12290783 2023-01-01 2023-12-31 12290783 core:WithinOneYear 2023-12-31 12290783 core:ShareCapital 2023-12-31 12290783 core:RetainedEarningsAccumulatedLosses 2023-12-31 12290783 2024-01-01 2024-12-31 12290783 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12290783 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 12290783 bus:Director40 2024-01-01 2024-12-31 12290783 1 2024-01-01 2024-12-31 12290783 2 2024-01-01 2024-12-31 12290783 core:PlantMachinery 2024-01-01 2024-12-31 12290783 countries:England 2024-01-01 2024-12-31 12290783 bus:FRS102 2024-01-01 2024-12-31 12290783 bus:FilletedAccounts 2024-01-01 2024-12-31 12290783 2024-12-31 12290783 core:WithinOneYear 2024-12-31 12290783 core:ShareCapital 2024-12-31 12290783 core:RetainedEarningsAccumulatedLosses 2024-12-31 12290783 core:PlantMachinery 2024-12-31 12290783 2023-12-31 12290783 core:PlantMachinery 2023-12-31 iso4217:GBP xbrli:pure