Richard Butler & Co. Limited

	Page
Abridged Statement of Financial Position	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 01286993

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		9,810		15,110

			9,810		15,110
CURRENT ASSETS
Stocks		20,000		12,655
Debtors		53,205		54,110
Cash at bank and in hand		4,859		32,083

		78,064		98,848
Creditors: Amounts Falling Due Within One Year		(46,847 )		(58,454 )

NET CURRENT ASSETS (LIABILITIES)			31,217		40,394

TOTAL ASSETS LESS CURRENT LIABILITIES			41,027		55,504

Creditors: Amounts Falling Due After More Than One Year			(18,550 )		(26,198 )

NET ASSETS			22,477		29,306

CAPITAL AND RESERVES
Called up share capital	5		9,150		9,150
Income Statement			13,327		20,156

SHAREHOLDERS' FUNDS			22,477		29,306

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Richard Butler & Co. Limited

Abridged Statement of Financial Position (continued)

As At 28 February 2025

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

All of the company's members have consented to the preparation of an Abridged Statement of Financial Position for the year end 28 February 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr John O'Leary

Director

03/11/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Richard Butler & Co. Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01286993 . The registered office is Unit 27B, Mitton Road Business Park, Mitton Road, Whalley, Lancashire, BB7 9YE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	Not depreciated
Plant & Machinery	20% straight line
Motor Vehicles	25% straight line
Fixtures & Fittings	20% straight line
Computer Equipment	20% straight line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

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Richard Butler & Co. Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 28 February 2025

4. Tangible Assets

	Total
	£
Cost
As at 1 March 2024	37,186

As at 28 February 2025	37,186

Depreciation
As at 1 March 2024	22,076
Provided during the period	5,300

As at 28 February 2025	27,376

Net Book Value
As at 28 February 2025	9,810

As at 1 March 2024	15,110

5. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	9,150	9,150

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