ALEX MITCHELL BUTCHERS LTD


Director	Jamie Syme


Registered Address	2 Glamis Centre
	Glenrothes
	KY7 4RH


Registered Number	SC414479 (Scotland)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		75,428		99,395
			75,428		99,395
Current assets
Stocks		31,058		5,563
Debtors	4	192,161		155,094
Cash at bank and on hand		12,848		18,212
		236,067		178,869
Creditors amounts falling due within one year	5	(134,275)		(182,686)
Net current assets (liabilities)			101,792		(3,817)
Total assets less current liabilities			177,220		95,578
Creditors amounts falling due after one year	6		(99,122)		(117,447)
Provisions for liabilities			(14,326)		(18,885)
Net assets			63,772		(40,754)
Capital and reserves
Called up share capital			100		100
Profit and loss account			63,672		(40,854)
Shareholders' funds			63,772		(40,754)

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 12 November 2025, and are signed on its behalf by:

Jamie Syme
Director
Registered Company No. SC414479

ALEX MITCHELL BUTCHERS LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. 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 compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	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.

	Employee 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.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 

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 is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. 

Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Plant and machinery 25% reducing balance Fixtures and fittings 15% reducing balance Motor vehicles 25% reducing balance Computer equipment 15% on cost

	Finance leases and hire purchase contracts
	Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

	Stocks and work in progress
	Stock are valued at the lower of cost and net realisable value.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	17		17

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 April 24	54,510	54,045	10,561	16,735	135,851
At 31 March 25	54,510	54,045	10,561	16,735	135,851
Depreciation and impairment
At 01 April 24	18,272	8,201	8,919	1,064	36,456
Charge for year	9,058	11,461	1,018	2,430	23,967
At 31 March 25	27,330	19,662	9,937	3,494	60,423
Net book value
At 31 March 25	27,180	34,383	624	13,241	75,428
At 31 March 24	36,238	45,844	1,642	15,671	99,395

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	88,486	66,116
Other debtors	98,929	85,158
Prepayments and accrued income	4,746	3,820
Total	192,161	155,094

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	49,433	84,602
Bank borrowings and overdrafts	45,153	37,254
Taxation and social security	4,727	5,803
Finance lease and HP contracts	5,758	5,283
Other creditors	24,769	46,079
Accrued liabilities and deferred income	4,435	3,665
Total	134,275	182,686

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	66,189	97,371
Other creditors	32,933	20,076
Total	99,122	117,447

7.	Secured creditors
	Scottish Growth Scheme Business Loans Scotland Debt Finance L.P holds a floating charge that covers all the property or undertaking of the company.