Peter F Short (Butchers) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01195736 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

Peter F Short (Butchers) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P F Short

K Short

SECRETARY:

P F Short

REGISTERED OFFICE:

120 High Street

Skelton

Saltburn by the Sea

TS12 2EA

REGISTERED NUMBER:

01195736 (England and Wales)

ACCOUNTANTS:

Anderson Barrowcliff Limited

Chartered Accountants

3 Kingfisher Court

Bowesfield Park

Stockton on Tees

TS18 3EX

FIXED ASSETS

Tangible assets

4

175,237

175,364

CURRENT ASSETS

Debtors

5

1,574

5,295

Cash at bank

33,160

29,269

34,734

34,564

CREDITORS

Amounts falling due within one year

6

3,587

3,445

NET CURRENT ASSETS

31,147

31,119

TOTAL ASSETS LESS CURRENT
LIABILITIES

206,384

206,483

PROVISIONS FOR LIABILITIES

22,870

NET ASSETS

183,514

183,613

CAPITAL AND RESERVES

Called up share capital

7

100

Fair value reserve

8

143,854

Retained earnings

8

39,560

39,659

SHAREHOLDERS' FUNDS

183,514

183,613

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 18 November 2025 and were signed on its behalf by:

P F Short - Director

1.	STATUTORY INFORMATION

Peter F Short (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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

Tangible fixed assets

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

Freehold investment property

-

not provided

Plant and machinery

-

10% on cost

Fixtures and fittings

-

33% on reducing balance and 10% on reducing balance

Freehold property was reclassified as freehold investment property when the company ceased trading on 1 May 2015.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

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.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Fixtures

investment

Plant and

and

property

machinery

fittings

Totals

£

COST

At 1 May 2024

and 30 April 2025

175,000

34,053

18,088

227,141

DEPRECIATION

At 1 May 2024

-

34,046

17,731

51,777

Charge for year

-

127

At 30 April 2025

-

34,046

17,858

51,904

NET BOOK VALUE

At 30 April 2025

175,000

7

230

175,237

At 30 April 2024

175,000

7

357

175,364

The freehold investment property was valued by the directors on 30 April 2024 on an open market basis.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other debtors

600

4,700

Directors' current accounts

504

140

Prepayments

470

455

1,574

5,295

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Taxation

2,406

2,261

Social security and other taxes

100

103

Accrued expenses

1,081

3,587

3,445

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

100

Ordinary

£1

100

8.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

At 1 May 2024

39,659

143,854

183,513

Profit for the year

9,901

-

9,901

Dividends

(10,000

)

-

(10,000

)

At 30 April 2025

39,560

143,854

183,414

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

2025

2024

£

P F Short

Balance outstanding at start of year

140

-

Amounts advanced

1,064

756

Amounts repaid

(700

)

(616

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

504

140

The amounts advanced to the director in the prior year were interest free with no fixed terms of repayment.