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REGISTERED NUMBER: 04563807 (England and Wales)

















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2024

FOR

SEAN CUSTANCE MASTER BUTCHERS LIMITED

SEAN CUSTANCE MASTER BUTCHERS LIMITED (REGISTERED NUMBER: 04563807)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SEAN CUSTANCE MASTER BUTCHERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2024







DIRECTORS: S J Custance
Mrs L Custance



SECRETARY: Mrs L Custance



REGISTERED OFFICE: 3 Commercial Street
Brighouse
West Yorkshire
HD6 1AF



REGISTERED NUMBER: 04563807 (England and Wales)



ACCOUNTANTS: Cresswells
12 Market Sreet
Hebden Bridge
HX7 6AD



BANKERS: Lloyds Bank plc
Commercial Street
Halifax
West Yorkshire
HX1 1BB

SEAN CUSTANCE MASTER BUTCHERS LIMITED (REGISTERED NUMBER: 04563807)

BALANCE SHEET
31ST OCTOBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 934 1,426
Tangible assets 5 10,696 20,612
11,630 22,038

CURRENT ASSETS
Stocks 7,500 6,500
Debtors 6 3,565 4,314
Cash at bank 4,647 6,657
15,712 17,471
CREDITORS
Amounts falling due within one year 7 11,989 16,341
NET CURRENT ASSETS 3,723 1,130
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,353

23,168

CREDITORS
Amounts falling due after more than
one year

8

(5,146

)

(9,823

)

PROVISIONS FOR LIABILITIES 9 (2,032 ) (3,850 )
NET ASSETS 8,175 9,495

CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings 8,173 9,493
SHAREHOLDERS' FUNDS 8,175 9,495

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

SEAN CUSTANCE MASTER BUTCHERS LIMITED (REGISTERED NUMBER: 04563807)

BALANCE SHEET - continued
31ST OCTOBER 2024


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 Board of Directors and authorised for issue on 15th July 2025 and were signed on its behalf by:





S J Custance - Director


SEAN CUSTANCE MASTER BUTCHERS LIMITED (REGISTERED NUMBER: 04563807)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2024

1. STATUTORY INFORMATION

Sean Custance Master 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - over 4 years
Fixtures and fittings - over 5 years
Motor vehicles - over 5 years
Computer equipment - over 3 years

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

SEAN CUSTANCE MASTER BUTCHERS LIMITED (REGISTERED NUMBER: 04563807)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2024

2. ACCOUNTING POLICIES - continued

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 4 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st November 2023
and 31st October 2024 9,830
AMORTISATION
At 1st November 2023 8,404
Amortisation for year 492
At 31st October 2024 8,896
NET BOOK VALUE
At 31st October 2024 934
At 31st October 2023 1,426

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1st November 2023 10,437 32,862 46,812
Additions - - 935
Disposals - - (20,695 )
At 31st October 2024 10,437 32,862 27,052
DEPRECIATION
At 1st November 2023 10,089 30,127 43,276
Charge for year 348 2,735 1,522
Eliminated on disposal - - (20,695 )
At 31st October 2024 10,437 32,862 24,103
NET BOOK VALUE
At 31st October 2024 - - 2,949
At 31st October 2023 348 2,735 3,536

SEAN CUSTANCE MASTER BUTCHERS LIMITED (REGISTERED NUMBER: 04563807)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2024

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1st November 2023 30,990 796 121,897
Additions - - 935
Disposals - - (20,695 )
At 31st October 2024 30,990 796 102,137
DEPRECIATION
At 1st November 2023 17,045 748 101,285
Charge for year 6,198 48 10,851
Eliminated on disposal - - (20,695 )
At 31st October 2024 23,243 796 91,441
NET BOOK VALUE
At 31st October 2024 7,747 - 10,696
At 31st October 2023 13,945 48 20,612

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
VAT 990 2,049
Prepayments and accrued income 2,575 2,265
3,565 4,314

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other loans 3,631 5,177
Tax 4,270 5,345
Social security and other taxes 209 88
Other creditors 858 -
Pensions 43 23
Director's current account 78 2,956
Accrued expenses 2,900 2,752
11,989 16,341

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other loans - 1-2 years 3,353 4,378
Other loans - 2-5 years 1,793 5,445
5,146 9,823

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 2,032 3,850

SEAN CUSTANCE MASTER BUTCHERS LIMITED (REGISTERED NUMBER: 04563807)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2024

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st November 2023 3,850
Credit to Income Statement during year (1,818 )
Balance at 31st October 2024 2,032

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2