REGISTERED NUMBER: 13746311 (England and Wales)

Unaudited Financial Statements

for the Year Ended

31 August 2025

for

Ascot Butchers Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C Mingoia

SECRETARY:

Mrs K Mingoia

REGISTERED OFFICE:

The Old Bakehouse

Course Road

Ascot

Berkshire

SL5 7HL

REGISTERED NUMBER:

13746311 (England and Wales)

ACCOUNTANTS:

Jacksons Accountants (Ascot) Limited

The Old Bakehouse

Course Road

Ascot

Berkshire

SL5 7HL

FIXED ASSETS

Intangible assets

4

1,667

11,667

Tangible assets

5

39,080

45,717

40,747

57,384

CURRENT ASSETS

Stocks

6

22,725

6,000

Debtors

7

36,985

24,088

Cash at bank

50,177

88,867

109,887

118,955

CREDITORS

Amounts falling due within one year

8

58,857

75,055

NET CURRENT ASSETS

51,030

43,900

TOTAL ASSETS LESS CURRENT LIABILITIES

91,777

101,284

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

91,677

101,184

SHAREHOLDERS' FUNDS

91,777

101,284

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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:

C Mingoia - Director

1.	STATUTORY INFORMATION

Ascot Butchers Ltd 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of three 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.

Long leasehold

-

16.67% on cost

Plant and machinery

-

15% on cost

Motor vehicles

-

20% 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.

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

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 6 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

30,000

AMORTISATION

At 1 September 2024

18,333

Amortisation for year

10,000

At 31 August 2025

28,333

NET BOOK VALUE

At 31 August 2025

1,667

At 31 August 2024

11,667

5.	TANGIBLE FIXED ASSETS

Long

Plant and

Motor

leasehold

machinery

vehicles

Totals

£

£

£

£

COST

At 1 September 2024

30,900

15,111

13,600

59,611

Additions

-

4,000

-

4,000

At 31 August 2025

30,900

19,111

13,600

63,611

DEPRECIATION

At 1 September 2024

8,583

3,498

1,813

13,894

Charge for year

5,150

2,767

2,720

10,637

At 31 August 2025

13,733

6,265

4,533

24,531

NET BOOK VALUE

At 31 August 2025

17,167

12,846

9,067

39,080

At 31 August 2024

22,317

11,613

11,787

45,717

6.

STOCKS

31.8.25

31.8.24

£

£

Stocks

22,725

6,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Other debtors

20,400

20,400

VAT

4,696

1,414

Prepayments

11,889

2,274

36,985

24,088

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade creditors

32,925

11,297

Tax

22,707

35,647

Social security and other taxes

253

1,023

Other creditors

472

438

Directors' current accounts

-

24,137

Accrued expenses

2,500

2,513

58,857

75,055

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

31.8.25

31.8.24

£

£

C Mingoia

Balance outstanding at start of year

24,137

63,420

Amounts advanced

-

717

Amounts repaid

(24,137

)

(40,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

24,137