Registration number: 06528690

Butters Associates Ltd.

(Registration number: 06528690)
Statement of Financial Position as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	-	576
Current assets
Debtors	5	11,919	10,212
Cash at bank and in hand		47,648	87,593
		59,567	97,805
Creditors: Amounts falling due within one year	6	(59,467)	(54,592)
Net current assets		100	43,213
Total assets less current liabilities		100	43,789
Provisions for liabilities		-	(109)
Net assets		100	43,680
Capital and reserves
Called up share capital		100	100
Profit and loss account		-	43,580
Shareholders' funds		100	43,680

For the financial period ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 16 December 2025 and signed on its behalf by:
 

......................................... J M Butters Company secretary and director

Butters Associates Ltd.

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 30 September 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is: Unit 7c, 80 High Street, Egham, Surrey, TW20 9HE.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a break-up basis and not a going concern basis as the directors intend to wind up the company within 12 months of the reporting date.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Butters Associates Ltd.

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 30 September 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fittings fixtures and equipment	25% reducing balance

Trade debtors

Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and bank deposits.

Trade creditors

Short term creditors are measured at the transaction price.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Employee benefits

Short-term employee benefits are recognised as an expense in the period which they are incurred.

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 and loans to related parties.

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2 (2024 - 2).

Butters Associates Ltd.

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 30 September 2025

4	Tangible assets

	Fixtures and fittings £	Total £
Cost or valuation
At 1 April 2024	2,304	2,304
Disposals	(2,304)	(2,304)
At 30 September 2025	-	-
Depreciation
At 1 April 2024	1,728	1,728
Charge for the period	215	215
Eliminated on disposal	(1,943)	(1,943)
At 30 September 2025	-	-
Carrying amount
At 30 September 2025	-	-
At 31 March 2024	576	576

5

Debtors

	2025 £	2024 £
Trade debtors	7,020	9,512
Other debtors	4,792	-
Prepayments	-	700
Accrued income	107	-
	11,919	10,212

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Trade creditors	144	144
Taxation and social security	1,989	7,913
Accruals and deferred income	2,766	1,850
Other creditors	54,568	44,685
	59,467	54,592

Butters Associates Ltd.

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 30 September 2025

7	Related party transactions

At the year end date, the company owed its directors £54,568 (2024: £44,685).

8	Going concern

The company ceased trading on 30 September 2025.