R.E. Butler & Son Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 03406890

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		5,977		7,969
Investment Properties	5		965,000		965,000

			970,977		972,969
CURRENT ASSETS
Debtors	6	207,422		207,422
Cash at bank and in hand		64,950		49,835

		272,372		257,257
Creditors: Amounts Falling Due Within One Year	7	(42,200 )		(48,580 )

NET CURRENT ASSETS (LIABILITIES)			230,172		208,677

TOTAL ASSETS LESS CURRENT LIABILITIES			1,201,149		1,181,646

Creditors: Amounts Falling Due After More Than One Year	8		(340,032 )		(342,207 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(157,693 )		(158,191 )

NET ASSETS			703,424		681,248

CAPITAL AND RESERVES
Called up share capital	10		1		1
Fair value reserve	12		519,413		519,413
Profit and Loss Account			184,010		161,834

SHAREHOLDERS' FUNDS			703,424		681,248

Page 1

Page 2

R.E. Butler & Son Limited

Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 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 Profit and Loss Account.

On behalf of the board

Mr Edward Butler

Director

08/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

R.E. Butler & Son Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03406890 . The registered office is The Old Workshop Kingstons, Matching Lane, White Roding, Dunmow, Essex, CM6 1RP.

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:

Plant & Machinery	25% on reducing balance.
Motor Vehicles	25% on reducing balance.
Fixtures & Fittings	25% on reducing balance.

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Financial Instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

Page 3

Page 4

R.E. Butler & Son Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Plant & Machinery etc.
	£
Cost
As at 1 August 2024	22,812

As at 31 July 2025	22,812

Depreciation
As at 1 August 2024	14,843
Provided during the period	1,992

As at 31 July 2025	16,835

Net Book Value
As at 31 July 2025	5,977

As at 1 August 2024	7,969

Investment property was valued at fair value by the director on 31 July 2025.

5. Investment Property

	2025
	£
Fair Value
As at 1 August 2024 and 31 July 2025	965,000

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	207,422	207,422

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	14,931	22,448
Other creditors	15,580	15,376
Taxation and social security	11,689	10,756

	42,200	48,580

Page 4

Page 5

R.E. Butler & Son Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	340,032	342,207

9. Secured Creditors

Of the creditors falling due within and after more than one year the following amounts are secured.

The loan is secured via fixed and floating charges over the property assets, as well as all money due from the company to the chargee on any account.

	2025		2024
	£		£
Bank loans and overdrafts	354,963		364,655

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 August 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 July 2025
	£	£	£	£	£
Mr Edward Butler	146,422	-	-	-	146,422

The above loan is unsecured, interest is charged at a commercial rate and is repayable on demand.

12. Reserves

	Fair Value Reserve
	£
As at 1 August 2024	519,413

As at 31 July 2025	519,413

Page 5