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REGISTERED NUMBER: 05694633 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

A S WALLACE FAMILY BUTCHERS LIMITED

A S WALLACE FAMILY BUTCHERS LIMITED (REGISTERED NUMBER: 05694633)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

A S WALLACE FAMILY BUTCHERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2025







DIRECTOR: A S Wallace





REGISTERED OFFICE: 3/5 Shore Road
East Wittering
Chichester
West Sussex
PO20 8DY





REGISTERED NUMBER: 05694633 (England and Wales)





ACCOUNTANTS: Goff and Company Chartered Accountants
89 Havant Road
Emsworth
Hampshire
PO10 7LF

A S WALLACE FAMILY BUTCHERS LIMITED (REGISTERED NUMBER: 05694633)

BALANCE SHEET
31ST MARCH 2025

31.3.25 31.3.24
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 22,128 22,410
22,128 22,410

CURRENT ASSETS
Stocks 11,000 9,000
Debtors 6 14,700 11,406
Cash at bank and in hand 3,825 16,606
29,525 37,012
CREDITORS
Amounts falling due within one year 7 50,570 58,340
NET CURRENT LIABILITIES (21,045 ) (21,328 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,083

1,082

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 983 982
SHAREHOLDERS' FUNDS 1,083 1,082

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

A S WALLACE FAMILY BUTCHERS LIMITED (REGISTERED NUMBER: 05694633)

BALANCE SHEET - continued
31ST MARCH 2025


The 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, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23rd June 2025 and were signed by:





A S Wallace - Director


A S WALLACE FAMILY BUTCHERS LIMITED (REGISTERED NUMBER: 05694633)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025

1. STATUTORY INFORMATION

A S Wallace Family Butchers Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill is being amortised evenly over its estimated useful life.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

A S WALLACE FAMILY BUTCHERS LIMITED (REGISTERED NUMBER: 05694633)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1st April 2024
and 31st March 2025 65,700
AMORTISATION
At 1st April 2024
and 31st March 2025 65,700
NET BOOK VALUE
At 31st March 2025 -
At 31st March 2024 -

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£ £ £
COST
At 1st April 2024 98,114 9,295 107,409
Additions 7,099 - 7,099
At 31st March 2025 105,213 9,295 114,508
DEPRECIATION
At 1st April 2024 76,634 8,365 84,999
Charge for year 7,148 233 7,381
At 31st March 2025 83,782 8,598 92,380
NET BOOK VALUE
At 31st March 2025 21,431 697 22,128
At 31st March 2024 21,480 930 22,410

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£ £
Trade debtors 11,591 9,677
Other debtors 3,109 1,729
14,700 11,406

A S WALLACE FAMILY BUTCHERS LIMITED (REGISTERED NUMBER: 05694633)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£ £
Trade creditors 30,094 21,640
Taxation and social security 11,087 23,131
Other creditors 9,389 13,569
50,570 58,340

8. ULTIMATE CONTROLLING PARTY

The controlling party is A S Wallace.

A S WALLACE FAMILY BUTCHERS LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
A S WALLACE FAMILY BUTCHERS LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st March 2025 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Goff and Company Chartered Accountants
89 Havant Road
Emsworth
Hampshire
PO10 7LF


23rd June 2025