REGISTERED NUMBER: 03398456 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

PAUL BUTLER ASSOCIATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D G Tye

Mr T Flanagan

SECRETARY:

Mr T Flanagan

REGISTERED OFFICE:

31 Blackfriars Road

Salford

Manchester

M3 7AQ

REGISTERED NUMBER:

03398456 (England and Wales)

ACCOUNTANTS:

Percy Westhead & Company

Chartered Accountants

Hanover House

30-32 Charlotte Street

Manchester

M1 4FD

BANKERS:

National Westminster Bank Plc.

Manchester City Centre

19 Market Street

Manchester

M1 1WR

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

4,710

5,460

4,710

5,460

CURRENT ASSETS

Debtors

6

204,267

175,626

Cash at bank and in hand

399,593

378,777

603,860

554,403

CREDITORS

Amounts falling due within one year

7

228,788

175,631

NET CURRENT ASSETS

375,072

378,772

TOTAL ASSETS LESS CURRENT LIABILITIES

379,782

384,232

CAPITAL AND RESERVES

Called up share capital

5,000

5,000

Retained earnings

374,782

379,232

SHAREHOLDERS' FUNDS

379,782

384,232

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 17th December 2025 and were signed on its behalf by:

Mr D G Tye - Director

1.	STATUTORY INFORMATION

Paul Butler Associates 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 and revenue recognition

Revenue from the sale of services is measured at the consideration receivable which equates to the invoiced amounts, excluding value added tax and net of allowances for credits and rebates.

Invoices for services are raised on the basis of contract terms which have been agreed by the customer.

Revenue is recognised in the profit and loss account over the term of the contract or on completion of specific deliverables.

Tangible fixed assets

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

Furniture and equipment

-

15% on reducing balance

Computer equipment

-

25% on cost

Pension costs and other post-retirement benefits

The company contributes to a group personal pension scheme. The assets of the scheme are held separately from those of the company in independently administered funds. Contributions payable for the year are charged in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2024

and 31st March 2025

75,000

AMORTISATION

At 1st April 2024

and 31st March 2025

75,000

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

-

5.	TANGIBLE FIXED ASSETS

Furniture

and

Computer

equipment

equipment

Totals

£

£

£

COST

At 1st April 2024

19,994

21,526

41,520

Additions

346

1,682

2,028

At 31st March 2025

20,340

23,208

43,548

DEPRECIATION

At 1st April 2024

17,739

18,321

36,060

Charge for year

390

2,388

2,778

At 31st March 2025

18,129

20,709

38,838

NET BOOK VALUE

At 31st March 2025

2,211

2,499

4,710

At 31st March 2024

2,255

3,205

5,460

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

175,972

134,511

Prepayments and accrued income

28,295

41,115

204,267

175,626

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

2,390

1,439

VAT

32,747

30,390

Other creditors

12,744

8,629

Accrued expenses

180,907

135,173

228,788

175,631

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

15,000

15,000

Between one and five years

17,500

32,500

32,500

47,500