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REGISTERED NUMBER: 14735487 (England and Wales)















Financial Statements for the Year Ended 31 March 2025

for

Butterflies Rising Ltd

Butterflies Rising Ltd (Registered number: 14735487)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Butterflies Rising Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTORS: A McCaughran
Miss L McCaughran





REGISTERED OFFICE: 37 - 39 Mill Lane
West Derby
Liverpool
Merseyside
L12 7HY





REGISTERED NUMBER: 14735487 (England and Wales)





ACCOUNTANTS: Cobham Murphy
116 Duke Street
Liverpool
Merseyside
L1 5JW

Butterflies Rising Ltd (Registered number: 14735487)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 175,747 155,387

CURRENT ASSETS
Stocks 2,511 6,250
Debtors 5 34,034 5,000
Cash at bank 33,649 12,882
70,194 24,132
CREDITORS
Amounts falling due within one year 6 221,351 195,306
NET CURRENT LIABILITIES (151,157 ) (171,174 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,590

(15,787

)

CREDITORS
Amounts falling due after more than one
year

7

13,250

-
NET ASSETS/(LIABILITIES) 11,340 (15,787 )

CAPITAL AND RESERVES
Called up share capital 90 90
Retained earnings 11,250 (15,877 )
SHAREHOLDERS' FUNDS 11,340 (15,787 )

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

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 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.

Butterflies Rising Ltd (Registered number: 14735487)

Balance Sheet - continued
31 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 Board of Directors and authorised for issue on 20 August 2025 and were signed on its behalf by:





A McCaughran - Director


Butterflies Rising Ltd (Registered number: 14735487)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Butterflies Rising Ltd 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.

Significant judgements and estimates
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable on the provision of funeral services, excluding discounts, rebates, value added tax and other sales taxes. Income is recognised when the services are complete.

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 etc - 10% on cost

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

Financial instruments
Other loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

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.


Butterflies Rising Ltd (Registered number: 14735487)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued
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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 166,059
Additions 42,375
At 31 March 2025 208,434
DEPRECIATION
At 1 April 2024 10,672
Charge for year 22,015
At 31 March 2025 32,687
NET BOOK VALUE
At 31 March 2025 175,747
At 31 March 2024 155,387

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 29,034 -
Other debtors 5,000 5,000
34,034 5,000

Butterflies Rising Ltd (Registered number: 14735487)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts (see note 8) 3,960 -
Taxation and social security 836 -
Other creditors 216,555 195,306
221,351 195,306

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts (see note 8) 13,250 -

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31.3.25 31.3.24
£    £   
Net obligations repayable:
Within one year 3,960 -
Between one and five years 13,250 -
17,210 -

Non-cancellable operating leases
31.3.25 31.3.24
£    £   
Within one year 20,000 20,000
Between one and five years 80,000 80,000
In more than five years 383,333 383,333
483,333 483,333