PRICE'S QUALITY BUTCHERS LIMITED


Director	WORSNOP, Dean Gary


Registered Address	77 Low Lane
	Birstall
	Batley
	WF17 9EY


Registered Number	07256599 (England and Wales)

Balance Sheet as at
30 June 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		7,926		4,868
			7,926		4,868
Current assets
Stocks	4	990		995
Debtors	5	549		552
Cash at bank and on hand		12,564		24,215
		14,103		25,762
Creditors amounts falling due within one year	6	(5,148)		(6,878)
Net current assets (liabilities)			8,955		18,884
Total assets less current liabilities			16,881		23,752
Provisions for liabilities	7		(1,506)		(925)
Net assets			15,375		22,827
Capital and reserves
Called up share capital			10		10
Profit and loss account			15,365		22,817
Shareholders' funds			15,375		22,827

The company was entitled to exemption from audit for this reporting period 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 3 October 2025, and are signed on its behalf by:

WORSNOP, Dean Gary
Director
Registered Company No. 07256599

PRICE'S QUALITY BUTCHERS LIMITED

Notes to the Financial Statements
for the year ended 30 June 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Current 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.

Current 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.

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.

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


	Reducing balance (%)	Straight line (years)
Plant and machinery	25	-
Vehicles	25	-
Office Equipment	-	3

	Stocks and work in progress
	Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 July 24	51,447	-	1,997	53,444
Additions	-	5,700	-	5,700
At 30 June 25	51,447	5,700	1,997	59,144
Depreciation and impairment
At 01 July 24	46,579	-	1,997	48,576
Charge for year	1,217	1,425	-	2,642
At 30 June 25	47,796	1,425	1,997	51,218
Net book value
At 30 June 25	3,651	4,275	-	7,926
At 30 June 24	4,868	-	-	4,868

4.	Stocks

	2025	2024
	£	£
Finished goods	990	995
Total	990	995

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	549	552
Total	549	552

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	3,491	4,548
Other creditors	1,657	2,330
Total	5,148	6,878

7.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	1,506	925
Total	1,506	925

8.	Directors advances, credits and guarantees
	Included within creditors: amounts falling due within one year were loans from the directors of £98 (2024: £32). The loans were interest free, with no fixed date for repayment.