Company registration number 04875405 (England and Wales)
D Woodhead Butchers Limited
UNAUDITED FINANCIAL STATEMENTS
for the year ended 30 September 2024
PAGES FOR FILING WITH REGISTRAR
D Woodhead Butchers Limited
Contents
Page
Balance sheet
1
Notes to the financial statements
2 - 3
D Woodhead Butchers Limited
Balance Sheet
as at 30 September 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
5
3,897
4,454
Current assets
Stocks
-
1,000
Debtors
114,541
103,907
Cash at bank and in hand
24,388
16,592
138,929
121,499
Creditors: amounts falling due within one year
(14,133)
(33,325)
Net current assets
124,796
88,174
Net assets
128,693
92,628
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
128,692
92,627
Total equity
128,693
92,628
For the financial year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These 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, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 13 June 2025
D Woodhead
Director
Company registration number 04875405 (England and Wales)
D Woodhead Butchers Limited
Notes to the financial statements
for the year ended 30 September 2024
- 2 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Turnover
Turnover represents the fair value of the consideration received for goods provided in the normal course of business, and is shown net of VAT.
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 20 years.
Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment
20% reducing balance
Stocks
Stock is valued at the lower of cost and net realisable value.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
2
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
D Woodhead Butchers Limited
Notes to the financial statements (continued)
for the year ended 30 September 2024
- 3 -
3
Employees
The average monthly number of persons (including directors) employed by the company during the year was 1 (2023 - 1).
2024
2023
Number
Number
Total
1
1
4
Intangible fixed assets
Total
£
Cost
At 1 October 2023 and 30 September 2024
30,000
Amortisation and impairment
At 1 October 2023 and 30 September 2024
30,000
Carrying amount
At 30 September 2024
At 30 September 2023
5
Tangible fixed assets
Fixtures, fittings & equipment
Motor vehicles
Total
£
£
£
Cost
At 1 October 2023 and 30 September 2024
5,603
5,800
11,403
Depreciation and impairment
At 1 October 2023
5,499
1,450
6,949
Depreciation charged in the year
13
544
557
At 30 September 2024
5,512
1,994
7,506
Carrying amount
At 30 September 2024
91
3,806
3,897
At 30 September 2023
104
4,350
4,454
6
Company information
D Woodhead Butchers Limited is a private company limited by shares incorporated in England and Wales. The registered office is 12 St Georges Square, Hebden Bridge, West Yorkshire, HX7 8ET.