REGISTERED NUMBER: 11902448 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

ROSE COTTAGE BUTCHERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R W Clemmit

REGISTERED OFFICE:

Medina House

2 Station Avenue

Bridlington

YO16 4LZ

REGISTERED NUMBER:

11902448 (England and Wales)

ACCOUNTANTS:

Lloyd Dowson Limited

Medina House

2 Station Avenue

Bridlington

East Yorkshire

YO16 4LZ

FIXED ASSETS

Tangible assets

4

1,240,968

1,137,059

CURRENT ASSETS

Stocks

118,300

82,805

Debtors

5

130,810

133,036

Cash in hand

26,549

51,499

275,659

267,340

CREDITORS

Amounts falling due within one year

6

528,369

511,294

NET CURRENT LIABILITIES

(252,710

)

(243,954

)

TOTAL ASSETS LESS CURRENT LIABILITIES

988,258

893,105

CREDITORS

Amounts falling due after more than one year

7

(68,756

)

(128,189

)

PROVISIONS FOR LIABILITIES

(105,698

)

(84,376

)

NET ASSETS

813,804

680,540

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

813,704

680,440

SHAREHOLDERS' FUNDS

813,804

680,540

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 director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 October 2025 and were signed by:

R W Clemmit - Director

1.	STATUTORY INFORMATION

Rose Cottage 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 derived from the retail and wholesale of meat and baked goods, and is recognised on supply of the product.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

5% on cost

Improvements to property

-

5% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% 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 Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the statement of income and retained earnings over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the statement of income and retained earnings over the period to which they relate.

Pension costs and other post-retirement benefits

The company has implemented an auto-enrolment pension in respect of all employees. Contributions are charged to the statement of income and retained earnings in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2024 - 24 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

357,581

1,050,765

1,408,346

Additions

-

264,522

264,522

Disposals

-

(44,158

)

(44,158

)

At 31 March 2025

357,581

1,271,129

1,628,710

DEPRECIATION

At 1 April 2024

38,978

232,309

271,287

Charge for year

9,035

118,460

127,495

Eliminated on disposal

-

(11,040

)

(11,040

)

At 31 March 2025

48,013

339,729

387,742

NET BOOK VALUE

At 31 March 2025

309,568

931,400

1,240,968

At 31 March 2024

318,603

818,456

1,137,059

The net book value of tangible fixed assets includes £ 51,352 (2024 - £ 101,587 ) in respect of assets held under hire purchase contracts.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

4,059

3,453

Amounts owed by associates

65,263

53,723

Other debtors

61,488

75,860

130,810

133,036

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

68,717

109,134

Hire purchase contracts

19,549

28,741

Trade creditors

234,337

254,743

Taxation and social security

69,678

56,798

Other creditors

136,088

61,878

528,369

511,294

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

2,500

12,500

Hire purchase contracts

66,256

115,689

68,756

128,189

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank overdrafts

58,717

99,134

Hire purchase contracts

85,805

144,430

144,522

243,564

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

75

A Ordinary

£1

75

75

25

B Ordinary

£1

25

25

100

100