REGISTERED NUMBER: SC438936 (Scotland)

Audited Financial Statements

for the Period 1 June 2024 to 30 September 2025

for

Lothian Catering Butchers Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

22,514

28,627

CURRENT ASSETS

Stocks

42,121

36,266

Debtors

5

110,558

187,256

Cash at bank

25,104

39,848

177,783

263,370

CREDITORS

Amounts falling due within one year

6

(267,758

)

(331,410

)

NET CURRENT LIABILITIES

(89,975

)

(68,040

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(67,461

)

(39,413

)

CREDITORS

Amounts falling due after more than one year

7

-

(31,263

)

NET LIABILITIES

(67,461

)

(70,676

)

CAPITAL AND RESERVES

Called up share capital

500

500

Retained earnings

(67,961

)

(71,176

)

(67,461

)

(70,676

)

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 14 January 2026 and were signed on its behalf by:

Mr G D Simpson - Director

1.	STATUTORY INFORMATION

Lothian Catering Butchers Limited is a private company, limited by shares, domiciled in Scotland, registration number SC438936. The registered office is Randolph Place, Randolph Industrial Estate, Kirkcaldy, Scotland, Scotland, KY1 2YX.

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents net invoiced sales of goods and services in respect of butchery, excluding value added tax. Sales are recognised at the point at which the goods are delivered or the service is complete.

Tangible fixed assets and depreciation

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

Plant and machinery etc

-

50% on cost, 20% on cost and 10% on cost

Tangible fixed assets are stated at cost less depreciation. Cost represent purchase price together with any incidental costs of acquisition.

The directors have considered the residual value of all tangible fixed assets to be immaterial and therefore all tangible fixed assets are depreciated to nil value.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost is represented by purchase price.

Taxation

Taxation for the period 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 period 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.

Provisions

Provisions are recognised when the company has a legal or constructive obligation as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation, and the amount has been reliably estimated. Provisions are not recognised for future operating losses. Provisions are discounted where the time value of money is material.

Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an outflow with respect to any one item included in the same class of obligations may be small.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2024

159,038

Additions

6,219

At 30 September 2025

165,257

DEPRECIATION

At 1 June 2024

130,411

Charge for period

12,332

At 30 September 2025

142,743

NET BOOK VALUE

At 30 September 2025

22,514

At 31 May 2024

28,627

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

31.5.24

£

£

Trade debtors

70,435

150,881

Other debtors

40,123

36,375

110,558

187,256

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

31.5.24

£

£

Bank loans and overdrafts

-

5,955

Trade creditors

26,099

266,504

Amounts owed to group undertakings

225,485

-

Taxation and social security

4,206

2,812

Other creditors

11,968

56,139

267,758

331,410

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

31.5.24

£

£

Bank loans

-

31,263

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Greig Brown (Senior Statutory Auditor)

for and on behalf of Drummond Laurie CA

9.	ULTIMATE PARENT PARTY

The company's ultimate parent company is Fife Creamery Limited, a company registered in Scotland. The financial statements of Fife Creamery Limited can be obtained from Companies House and its registered office is Randolph Place, Randolph Industrial Estate, Kirkcaldy, Scotland, KY1 2YX.