REGISTERED NUMBER: 06228093 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Butler & Proctor Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P E M Butler

S J Butler

B A Proctor

SECRETARY:

P E M Butler

REGISTERED OFFICE:

Boston House

Henley-on-Thames

RG9 1DY

REGISTERED NUMBER:

06228093 (England and Wales)

ACCOUNTANTS:

Villars Hayward LLP

Chartered Accountants,

Chartered Tax Advisers and Registered Auditors

Boston House

Henley-on-Thames

RG9 1DY

FIXED ASSETS

Intangible assets

4

10,125

14,625

Tangible assets

5

582,466

556,675

592,591

571,300

CURRENT ASSETS

Stocks

5,000

42,800

Debtors

6

650,433

695,182

Cash at bank

82

82

655,515

738,064

CREDITORS

Amounts falling due within one year

7

783,960

841,247

NET CURRENT LIABILITIES

(128,445

)

(103,183

)

TOTAL ASSETS LESS CURRENT LIABILITIES

464,146

468,117

CREDITORS

Amounts falling due after more than one year

8

(161,535

)

(109,052

)

PROVISIONS FOR LIABILITIES

(137,348

)

(138,919

)

NET ASSETS

165,263

220,146

CAPITAL AND RESERVES

Called up share capital

3

3

Revaluation reserve

10

188,800

236,000

Retained earnings

(23,540

)

(15,857

)

SHAREHOLDERS' FUNDS

165,263

220,146

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 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 23 December 2025 and were signed on its behalf by:

P E M Butler - Director

S J Butler - Director

B A Proctor - Director

1.	STATUTORY INFORMATION

Butler & Proctor 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.

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 as modified by the revaluation of certain assets.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

20% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Stocks

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

Hire purchase and leasing commitments

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

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 10 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

90,000

AMORTISATION

At 1 April 2024

75,375

Charge for year

4,500

At 31 March 2025

79,875

NET BOOK VALUE

At 31 March 2025

10,125

At 31 March 2024

14,625

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST OR VALUATION

At 1 April 2024

1,580,462

7,955

500

1,588,917

Additions

212,577

-

-

212,577

Disposals

(140,580

)

-

-

(140,580

)

At 31 March 2025

1,652,459

7,955

500

1,660,914

DEPRECIATION

At 1 April 2024

1,027,319

4,915

8

1,032,242

Charge for year

113,411

608

100

114,119

Eliminated on disposal

(67,913

)

-

-

(67,913

)

At 31 March 2025

1,072,817

5,523

108

1,078,448

NET BOOK VALUE

At 31 March 2025

579,642

2,432

392

582,466

At 31 March 2024

553,143

3,040

492

556,675

Cost or valuation at 31 March 2025 is represented by:

Plant and

machinery

etc

£

Valuation in 2013

103,808

Valuation in 2018

213,918

Valuation in 2021

208,107

Valuation in 2023

96,817

Cost

1,038,264

1,660,914

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

170,788

247,222

Other debtors

479,645

447,960

650,433

695,182

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

31,883

64,996

Hire purchase contracts

105,914

79,979

Trade creditors

268,365

369,463

Taxation and social security

364,544

318,236

Other creditors

13,254

8,573

783,960

841,247

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

8,332

23,000

Hire purchase contracts

153,203

86,052

161,535

109,052

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank overdrafts

17,215

26,996

The bank overdraft is secured by way of personal guarantees given by the directors.

10.

RESERVES

Revaluation

reserve

£

At 1 April 2024

236,000

Depreciation on revaluation

reserve

(47,200

)

At 31 March 2025

188,800

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

P E M Butler

Balance outstanding at start of year

124,702

113,503

Amounts advanced

12,878

11,199

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

137,580

124,702

S J Butler

Balance outstanding at start of year

120,447

88,443

Amounts advanced

14,322

32,004

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

134,769

120,447

B A Proctor

Balance outstanding at start of year

73,488

59,919

Amounts advanced

13,332

13,569

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

86,820

73,488

12.	ULTIMATE CONTROLLING PARTY

During the current and previous years, the company was controlled by its directors by virtue of their 100% total shareholdings in the company.