REGISTERED NUMBER: 05386984 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

J.R. Butterfield Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

B W Kell

REGISTERED OFFICE:

Richard Street

Hetton Le Hole

Tyne and Wear

DH5 9HN

REGISTERED NUMBER:

05386984 (England and Wales)

ACCOUNTANTS:

Anderson Barrowcliff Limited

Chartered Accountants

3 Kingfisher Court

Bowesfield Park

Stockton on Tees

TS18 3EX

FIXED ASSETS

Tangible assets

4

570,286

554,254

CURRENT ASSETS

Debtors

5

1,012,478

1,236,968

Cash at bank and in hand

11,103

50,057

1,023,581

1,287,025

CREDITORS

Amounts falling due within one year

6

318,102

327,166

NET CURRENT ASSETS

705,479

959,859

TOTAL ASSETS LESS CURRENT LIABILITIES

1,275,765

1,514,113

CREDITORS

Amounts falling due after more than one year

7

(186,664

)

(352,904

)

PROVISIONS FOR LIABILITIES

(142,572

)

(138,563

)

NET ASSETS

946,529

1,022,646

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

946,427

1,022,544

946,529

1,022,646

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 6 January 2026 and were signed by:

B W Kell - Director

1.	STATUTORY INFORMATION

J.R. Butterfield 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover is recognised at the point at which the company has fulfilled its contractual obligations to the customer.

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

-

10% on reducing balance

Fixtures and fittings

-

10% on cost

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.

Hire purchase and leasing commitments

Assets acquired under finance leases are capitalised and depreciated over the shorter of the lease term and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges, are included in creditors.

Rentals payable and receivable under operating leases are charged to the profit and loss account 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.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 May 2024

819,290

1,900

821,190

Additions

123,850

3,196

127,046

Disposals

(89,060

)

(1,900

)

(90,960

)

At 30 April 2025

854,080

3,196

857,276

DEPRECIATION

At 1 May 2024

266,556

380

266,936

Charge for year

58,258

63

58,321

Eliminated on disposal

(37,887

)

(380

)

(38,267

)

At 30 April 2025

286,927

63

286,990

NET BOOK VALUE

At 30 April 2025

567,153

3,133

570,286

At 30 April 2024

552,734

1,520

554,254

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

37,000

100,719

Amounts owed by group undertakings

955,554

1,136,249

Other debtors

19,924

-

1,012,478

1,236,968

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

291,583

241,274

Trade creditors

2,460

10,213

Taxation and social security

12,403

71,730

Other creditors

11,656

3,949

318,102

327,166

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

186,664

352,904

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

478,247

594,178

Amounts owing on hire purchase are secured over the assets to which they relate.

9.	RELATED PARTY DISCLOSURES

During the year the company sold goods and services to a fellow subsidiary undertaking amounting to £346,825 (2024: £237,138). At the year end £208,479 (2024: £323,624) was due from the fellow subsidiary undertaking.

At the year end £747,075 (2024: £812,625 ) was due from Kell Holdings Limited, the ultimate parent company.