REGISTERED NUMBER: 07036019 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

BUTTERFLYCANNON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Miss N D Alexander

Mr J N Davies

SECRETARY:

Mr J N Davies

REGISTERED OFFICE:

Holborn Tower

137-144 High Holborn

London

WC1V 6PL

REGISTERED NUMBER:

07036019 (England and Wales)

ACCOUNTANTS:

Richardson Jones

Chartered Accountants

Mercury House

19-21 Chapel Street

Marlow

Buckinghamshire

SL7 3HN

FIXED ASSETS

Tangible assets

4

117,836

43,286

CURRENT ASSETS

Debtors

5

842,411

829,669

Cash at bank

1,703,171

1,634,047

2,545,582

2,463,716

CREDITORS

Amounts falling due within one year

6

382,202

319,265

NET CURRENT ASSETS

2,163,380

2,144,451

TOTAL ASSETS LESS CURRENT LIABILITIES

2,281,216

2,187,737

PROVISIONS FOR LIABILITIES

7

29,459

10,822

NET ASSETS

2,251,757

2,176,915

CAPITAL AND RESERVES

Called up share capital

8

8

Retained earnings

2,251,749

2,176,907

SHAREHOLDERS' FUNDS

2,251,757

2,176,915

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 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 11th September 2025 and were signed on its behalf by:

Mr J N Davies - Director

Miss N D Alexander - Director

1.	STATUTORY INFORMATION

ButterflyCannon 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 represents the value, net of VAT and discounts, of services provided to customers.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

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 22 (2024 - 23 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1st April 2024

130,011

-

230,950

360,961

Additions

3,825

76,000

13,969

93,794

Disposals

-

-

(7,975

)

(7,975

)

At 31st March 2025

133,836

76,000

236,944

446,780

DEPRECIATION

At 1st April 2024

127,046

-

190,629

317,675

Charge for year

1,621

1,583

16,040

19,244

Eliminated on disposal

-

-

(7,975

)

(7,975

)

At 31st March 2025

128,667

1,583

198,694

328,944

NET BOOK VALUE

At 31st March 2025

5,169

74,417

38,250

117,836

At 31st March 2024

2,965

-

40,321

43,286

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

498,281

499,680

Tax

12,084

19,597

VAT

25,031

-

Prepayments

134,724

44,387

Accrued income

172,291

266,005

842,411

829,669

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

93,283

44,777

Tax

106,295

60,249

Social security and other taxes

33,164

32,025

Pension control

12,023

6,063

VAT

-

25,715

Directors' current accounts

1,100

2,525

Deferred income

117,255

121,195

Accrued expenses

19,082

26,716

382,202

319,265

7.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

29,459

10,822

Deferred tax

£

Balance at 1st April 2024

10,822

Charge to Income Statement during year

18,637

Balance at 31st March 2025

29,459

8.	ULTIMATE CONTROLLING PARTY

The controlling party is the directors.