D. W. Wilson (Family Butchers) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 04338935 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

D. W. WILSON (FAMILY BUTCHERS) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

David Ward Wilson

Andrew Hewitt

Victoria Mary Little

REGISTERED OFFICE:

Lawrence House

James Nicolson Link

Clifton Moor

York

North Yorkshire

YO30 4WG

BUSINESS ADDRESS:

58 Brockfield Park Drive

Huntington

York

North Yorkshire

YO31 9ER

REGISTERED NUMBER:

04338935 (England and Wales)

ACCOUNTANTS:

Walter Dawson & Son

Chartered Accountants

Lawrence House

James Nicolson Link

Clifton Moor

York

North Yorkshire

YO30 4WG

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

223,635

216,415

223,635

216,415

CURRENT ASSETS

Stocks

14,497

10,857

Debtors

6

11,446

11,016

Cash at bank and in hand

109,253

104,634

135,196

126,507

CREDITORS

Amounts falling due within one year

7

159,881

144,621

NET CURRENT LIABILITIES

(24,685

)

(18,114

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

198,950

198,301

CREDITORS

Amounts falling due after more than
one year

8

(2,796

)

(6,536

)

PROVISIONS FOR LIABILITIES

(23,331

)

(21,407

)

NET ASSETS

172,823

170,358

CAPITAL AND RESERVES

Called up share capital

100

Profit and loss account

172,723

170,258

SHAREHOLDERS' FUNDS

172,823

170,358

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 October 2025 and were signed on its behalf by:

David Ward Wilson - Director

1.	STATUTORY INFORMATION

D. W. Wilson (Family Butchers) 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.

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 the amount derived from ordinary activities and is stated after trade discounts, other sales taxes and VAT.

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.

Freehold property

-

5% on reducing balance

Fixtures, fittings & equipment

-

20% on reducing balance and 15% 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 Profit and Loss Account, 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.

Finance cost of debt

The finance costs of debt, including interest and issue costs, are allocated to each period over the term of the debt and charged to the profit and loss account at a constant rate on the outstanding amount.

Income recognition

Income is recognised when services and goods have been delivered to customers such that the risks and rewards of ownership have transferred to them.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

7,250

AMORTISATION

At 1 February 2024

and 31 January 2025

7,250

NET BOOK VALUE

At 31 January 2025

-

At 31 January 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures,

Freehold

fittings

Motor

property

& equipment

vehicles

Totals

£

COST

At 1 February 2024

147,893

186,774

68,624

403,291

Additions

-

12,550

23,075

35,625

Disposals

-

(20,840

)

(20,840

)

At 31 January 2025

147,893

199,324

70,859

418,076

DEPRECIATION

At 1 February 2024

17,107

140,706

29,063

186,876

Charge for year

476

10,705

14,626

25,807

Eliminated on disposal

-

(18,242

)

(18,242

)

At 31 January 2025

17,583

151,411

25,447

194,441

NET BOOK VALUE

At 31 January 2025

130,310

47,913

45,412

223,635

At 31 January 2024

130,786

46,068

39,561

216,415

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

7,230

5,900

Social security and other taxes

3,312

4,212

Other debtors

904

11,446

11,016

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

3,964

4,144

Trade creditors

43,020

31,145

Corporation tax

9,551

9,692

Social security and other taxes

3,045

2,491

Other creditors

1,125

743

Directors' loan accounts

99,176

96,406

159,881

144,621

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Bank loans

2,796

6,536

9.	PENSION COMMITMENTS

The company operates a defined contribution scheme. The assets of the pension scheme are held separately from those of the company in an independently administered fund. The pension cost represents contributions payable by the company to the fund which amounted to £15,429 (2024 £13,670). Contributions totalling £403 (2024 £264) were payable to the fund at the year end and are included in creditors.