REGISTERED NUMBER: 06457694 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

West Country Family Butchers Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A J L Maunder

SECRETARY:

Mrs F S Maunder

REGISTERED OFFICE:

The Old Dairy

Cadhay

Ottery St Mary

Devon

EX11 1QT

REGISTERED NUMBER:

06457694 (England and Wales)

ACCOUNTANTS:

Blue Sky

Chartered Accountants

The Old Dairy

Cadhay

Ottery St Mary

Devon

EX11 1QT

FIXED ASSETS

Tangible assets

4

190,420

208,796

CURRENT ASSETS

Stocks

77,030

82,579

Debtors

5

488,084

477,842

Cash at bank and in hand

256,537

497,902

821,651

1,058,323

CREDITORS

Amounts falling due within one year

6

465,498

462,240

NET CURRENT ASSETS

356,153

596,083

TOTAL ASSETS LESS CURRENT LIABILITIES

546,573

804,879

PROVISIONS FOR LIABILITIES

32,152

37,563

NET ASSETS

514,421

767,316

CAPITAL AND RESERVES

Called up share capital

300,000

300,000

Retained earnings

214,421

467,316

SHAREHOLDERS' FUNDS

514,421

767,316

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 December 2025 and were signed by:

A J L Maunder - Director

1.	Statutory information

West Country Family 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 presentation currency of the financial statements is the Pound Sterling (£).

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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.

Tangible fixed assets

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

Plant and machinery etc

-

straight line over 3 years, 33% on cost, 25% on reducing balance and 10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

(i) Financial assets

Basic financial assets, including trade and other debtors are initially recognised at the transaction price and therefore stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the debtors are stated at cost less impairment losses for bad and doubtful debts.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors, bank loans and other loans are initially recognised at transaction price, unless the arrangement constitutes a financing transaction.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Creditors are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

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.

Pension costs and other post-retirement 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.

3.	Employees and directors

The average number of employees during the year was 64 (2024 - 68 ) .

4.	Tangible fixed assets

Improvements

to

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

Cost

At 1 April 2024

86,788

1,145,251

55,860

1,287,899

Additions

-

29,887

19,523

49,410

Disposals

-

-

(18,682

)

(18,682

)

At 31 March 2025

86,788

1,175,138

56,701

1,318,627

Depreciation

At 1 April 2024

86,788

965,971

26,344

1,079,103

Charge for year

-

46,753

8,731

55,484

Eliminated on disposal

-

-

(6,380

)

(6,380

)

At 31 March 2025

86,788

1,012,724

28,695

1,128,207

Net book value

At 31 March 2025

-

162,414

28,006

190,420

At 31 March 2024

-

179,280

29,516

208,796

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

50,946

46,031

Amounts owed by group undertakings

340,540

340,778

Other debtors

96,598

91,033

488,084

477,842

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

302,850

321,380

Taxation and social security

96,600

71,962

Other creditors

66,048

68,898

465,498

462,240