REGISTERED NUMBER: 04770143 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

M.Davies Butchers Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Davies

M L Davies

SECRETARY:

M L Davies

REGISTERED OFFICE:

3 Orchard Place

Barlaston

Stoke on Trent

Staffordshire

ST12 9DL

REGISTERED NUMBER:

04770143 (England and Wales)

ACCOUNTANTS:

Gilligans Limited

Unit 4 Lymedale Business Centre

Hooters Hall Road

Lymedale Business Park

Newcastle under Lyme

Staffordshire

ST5 9QF

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

4,116

5,488

4,116

5,488

CURRENT ASSETS

Stocks

4,200

3,145

Debtors

6

1,756

3,973

Cash at bank and in hand

135,538

118,965

141,494

126,083

CREDITORS

Amounts falling due within one year

7

36,717

22,002

NET CURRENT ASSETS

104,777

104,081

TOTAL ASSETS LESS CURRENT LIABILITIES

108,893

109,569

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

108,793

109,469

108,893

109,569

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.

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 18 September 2025 and were signed on its behalf by:

M Davies - Director

1.	STATUTORY INFORMATION

M.Davies 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, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of five 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

-

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.

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.

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 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

20,320

AMORTISATION

At 1 April 2024

and 31 March 2025

20,320

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

16,722

4,400

21,122

DEPRECIATION

At 1 April 2024

13,372

2,262

15,634

Charge for year

838

534

1,372

At 31 March 2025

14,210

2,796

17,006

NET BOOK VALUE

At 31 March 2025

2,512

1,604

4,116

At 31 March 2024

3,350

2,138

5,488

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

468

3,100

Other debtors

1,288

873

1,756

3,973

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

16,624

10,063

Taxation and social security

7,077

6,375

Other creditors

13,016

5,564

36,717

22,002