1 January 2024 false No description of principal activity Taxfiler 2024.6 SC400811business:PrivateLimitedCompanyLtd2024-01-012024-12-31 SC4008112023-12-31 SC4008112024-01-012024-12-31 SC400811business:AuditExemptWithAccountantsReport2024-01-012024-12-31 SC400811business:FilletedAccounts2024-01-012024-12-31 SC4008112024-12-31 SC400811business:Director12024-01-012024-12-31 SC400811business:RegisteredOffice2024-01-012024-12-31 SC4008112023-12-31 SC400811core:WithinOneYear2024-12-31 SC400811core:WithinOneYear2023-12-31 SC400811core:AfterOneYear2024-12-31 SC400811core:AfterOneYear2023-12-31 SC400811core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 SC400811core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 SC400811core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 SC400811core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 SC400811core:PreviouslyStatedAmount2024-12-31 SC400811core:PreviouslyStatedAmount2023-12-31 SC400811business:SmallEntities2024-01-012024-12-31 SC400811countries:Scotland2024-01-012024-12-31 SC400811core:PlantMachinery2024-01-012024-12-31 SC400811core:MotorVehicles2024-01-012024-12-31 SC400811core:FurnitureFittings2024-01-012024-12-31 SC400811core:ComputerEquipment2024-01-012024-12-31 SC400811core:Goodwill2023-12-31 SC400811core:IntangibleAssetsOtherThanGoodwill2023-12-31 SC400811core:Goodwill2024-12-31 SC400811core:IntangibleAssetsOtherThanGoodwill2024-12-31 SC400811core:LandBuildings2023-12-31 SC400811core:PlantMachinery2023-12-31 SC400811core:MotorVehicles2023-12-31 SC400811core:FurnitureFittings2023-12-31 SC400811core:ComputerEquipment2023-12-31 SC400811core:LandBuildings2024-01-012024-12-31 SC400811core:LandBuildings2024-12-31 SC400811core:PlantMachinery2024-12-31 SC400811core:MotorVehicles2024-12-31 SC400811core:FurnitureFittings2024-12-31 SC400811core:ComputerEquipment2024-12-31 SC4008112023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC400811 (Scotland)
The Arran Butcher Ltd Unaudited accounts for the year ended 31 December 2024
The Arran Butcher Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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The Arran Butcher Ltd Company Information for the year ended 31 December 2024
Director
David Gilbert McKinnon
Company Number
SC400811 (Scotland)
Registered Office
HARBOUR VIEW BLACKWATERFOOT ISLE OF ARRAN KA27 8EZ
Accountants
Arran Accountancy Limited Alexanders Brodick Isle of Arran KA27 8HF
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The Arran Butcher Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5
161,847 
146,729 
Current assets
Inventories
24,860 
24,860 
Debtors
6
51,479 
58,722 
Cash at bank and in hand
788 
788 
77,127 
84,370 
Creditors: amounts falling due within one year
7
(234,077)
(161,288)
Net current liabilities
(156,950)
(76,918)
Total assets less current liabilities
4,897 
69,811 
Creditors: amounts falling due after more than one year
8
(34,623)
(39,534)
Provisions for liabilities
Deferred tax
(8,549)
(6,108)
Net (liabilities)/assets
(38,275)
24,169 
Capital and reserves
Called up share capital
30,000 
30,000 
Profit and loss account
(68,275)
(5,831)
Shareholders' funds
(38,275)
24,169 
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 September 2025 and were signed on its behalf by
David Gilbert McKinnon Director Company Registration No. SC400811
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The Arran Butcher Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
The Arran Butcher Ltd is a private company, limited by shares, registered in Scotland, registration number SC400811. The registered office is HARBOUR VIEW, BLACKWATERFOOT, ISLE OF ARRAN, KA27 8EZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% Reducing Balance
Motor vehicles
33% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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The Arran Butcher Ltd Notes to the Accounts for the year ended 31 December 2024
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax. 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. Deferred tax Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit. The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 January 2024
30,000 
3,765 
33,765 
At 31 December 2024
30,000 
3,765 
33,765 
Amortisation
At 1 January 2024
30,000 
3,765 
33,765 
At 31 December 2024
30,000 
3,765 
33,765 
Net book value
At 31 December 2024
- 
- 
- 
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The Arran Butcher Ltd Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 January 2024
115,859 
88,601 
14,996 
20,371 
10,565 
250,392 
Additions
6,172 
15,072 
- 
2,888 
- 
24,132 
At 31 December 2024
122,031 
103,673 
14,996 
23,259 
10,565 
274,524 
Depreciation
At 1 January 2024
6,896 
54,315 
14,174 
18,931 
9,347 
103,663 
Charge for the year
2,893 
4,936 
271 
610 
304 
9,014 
At 31 December 2024
9,789 
59,251 
14,445 
19,541 
9,651 
112,677 
Net book value
At 31 December 2024
112,242 
44,422 
551 
3,718 
914 
161,847 
At 31 December 2023
108,963 
34,286 
822 
1,440 
1,218 
146,729 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
11,089 
16,628 
Other debtors
40,390 
42,094 
51,479 
58,722 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
56,223 
28,319 
VAT
- 
629 
Obligations under finance leases and hire purchase contracts
4,224 
- 
Trade creditors
101,905 
54,375 
Taxes and social security
26,265 
6,811 
Other creditors
31,784 
57,478 
Accruals
13,676 
13,676 
234,077 
161,288 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
27,583 
34,102 
Obligations under finance leases and hire purchase contracts
7,040 
- 
Other creditors
- 
5,432 
34,623 
39,534 
9
Average number of employees
During the year the average number of employees was 11 (2023: 11).
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