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Company Registration No. 09406889 (England and Wales)
Paddock Farm Butchery Ltd Unaudited accounts for the year ended 31 December 2025
Paddock Farm Butchery Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Paddock Farm Butchery Ltd Company Information for the year ended 31 December 2025
Directors
J Francis N Francis
Company Number
09406889 (England and Wales)
Registered Office
10 Broad Walk Stratford upon Avon Warwickshire CV37 6HS
Accountants
Giles Garratt Limited 10 Broad Walk Stratford-upon-Avon Warwickshire CV37 6HS
- 3 -
Paddock Farm Butchery Ltd Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
487,967
441,571
Current assets
Inventories
312,636
288,905
Debtors
5
164,083
168,202
Cash at bank and in hand
-
47,539
476,719
504,646
Creditors: amounts falling due within one year
6
(319,848)
(324,642)
Net current assets
156,871
180,004
Total assets less current liabilities
644,838
621,575
Creditors: amounts falling due after more than one year
7
(320,490)
(295,716)
Provisions for liabilities
Deferred tax
(69,787)
(57,131)
Net assets
254,561
268,728
Capital and reserves
Called up share capital
100
100
Profit and loss account
254,461
268,628
Shareholders' funds
254,561
268,728
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 March 2026 and were signed on its behalf by
N Francis Director Company Registration No. 09406889
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Paddock Farm Butchery Ltd Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Paddock Farm Butchery Ltd is a private company, limited by shares, registered in England and Wales, registration number 09406889. The registered office is 10 Broad Walk, Stratford upon Avon, Warwickshire, CV37 6HS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
not provided on freehold land, 2% straight line on buildings
Plant & machinery
25% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
25% on reducing balance
Computer equipment
25% on reducing balance
Inventories
Inventories have been valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
- 5 -
Paddock Farm Butchery Ltd Notes to the Accounts for the year ended 31 December 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 January 2025
215,716
467,283
88,181
113,185
16,114
900,479
Additions
-
65,964
113,083
1,895
833
181,775
Disposals
-
(61,927)
(41,527)
-
-
(103,454)
At 31 December 2025
215,716
471,320
159,737
115,080
16,947
978,800
Depreciation
At 1 January 2025
5,516
294,141
63,980
82,779
12,492
458,908
Charge for the year
1,379
53,017
30,844
8,076
1,114
94,430
On disposals
-
(34,888)
(27,617)
-
-
(62,505)
At 31 December 2025
6,895
312,270
67,207
90,855
13,606
490,833
Net book value
At 31 December 2025
208,821
159,050
92,530
24,225
3,341
487,967
At 31 December 2024
210,200
173,142
24,201
30,406
3,622
441,571
2025
2024
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Plant & machinery
78,615
83,109
- Motor vehicles
70,177
14,106
- Fixtures & fittings
15,553
20,737
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
157,746
159,801
Other debtors
6,337
8,401
164,083
168,202
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
73,318
25,769
Obligations under finance leases and hire purchase contracts
52,536
65,282
Trade creditors
149,021
161,066
Taxes and social security
35,266
43,034
Other creditors
9,707
29,491
319,848
324,642
The following secured debts are included within creditors: Bank loans and overdrafts £73,318 (2024: £25,769); Obligations under finance leases and hire purchase contracts £52,536 (2024: £65,282).
- 6 -
Paddock Farm Butchery Ltd Notes to the Accounts for the year ended 31 December 2025
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
188,324
214,051
Obligations under finance leases and hire purchase contracts
132,166
81,665
320,490
295,716
The following secured debts are included within creditors: Bank loans £188,324 (2024: £214,051); Obligations under finance leases and hire purchase contracts £132,166 (2024: £81,665).
8
Average number of employees
During the year the average number of employees was 12 (2024: 12).
- 7 -