Butler & Co Alresford Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10726923 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

Butler & Co Alresford Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J M Butler FCA

A G Case FCCA FMAAT

Ms L M C Butler FCA MAAT

F P C Butler MSc ATT

REGISTERED OFFICE:

The Old Stables

Sutton Manor Farm

Bishop's Sutton

Alresford

Hampshire

SO24 0AA

REGISTERED NUMBER:

10726923 (England and Wales)

ACCOUNTANTS:

Butler & Co Alresford Limited

Chartered Accountants

The Old Stables

Sutton Manor Farm

Bishop's Sutton

Alresford

Hampshire

SO24 0AA

FIXED ASSETS

Intangible assets

4

307,123

355,938

Tangible assets

5

40,266

24,100

347,389

380,038

CURRENT ASSETS

Stocks

50,873

48,450

Debtors

6

505,141

426,469

Cash at bank and in hand

42,235

62,252

598,249

537,171

CREDITORS

Amounts falling due within one year

7

735,667

739,152

NET CURRENT LIABILITIES

(137,418

)

(201,981

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

209,971

178,057

PROVISIONS FOR LIABILITIES

8

8,592

4,226

NET ASSETS

201,379

173,831

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

201,279

173,731

SHAREHOLDERS' FUNDS

201,379

173,831

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 29 April 2026 and were signed on its behalf by:

Ms L M C Butler FCA MAAT - Director

A G Case FCCA FMAAT - Director

1.	STATUTORY INFORMATION

Butler & Co Alresford 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten 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 etc

-

20% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

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 31 (2024 - 30 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2024

and 31 July 2025

488,145

AMORTISATION

At 1 August 2024

132,207

Charge for year

48,815

At 31 July 2025

181,022

NET BOOK VALUE

At 31 July 2025

307,123

At 31 July 2024

355,938

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 August 2024

3,083

42,013

45,096

Additions

23,047

8,370

31,417

Disposals

(3,000

)

-

(3,000

)

At 31 July 2025

23,130

50,383

73,513

DEPRECIATION

At 1 August 2024

1,426

19,570

20,996

Charge for year

4,510

9,129

13,639

Eliminated on disposal

(1,388

)

-

(1,388

)

At 31 July 2025

4,548

28,699

33,247

NET BOOK VALUE

At 31 July 2025

18,582

21,684

40,266

At 31 July 2024

1,657

22,443

24,100

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

467,336

379,888

Other debtors

12,069

17,617

Prepayments

25,736

28,964

505,141

426,469

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

21,326

22,992

Tax

102,742

100,491

Social security and other taxes

23,431

19,308

VAT

65,610

18,715

Other creditors

44

Directors' current accounts

520,651

574,647

Accrued expenses

1,863

2,955

735,667

739,152

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

8,592

4,226

Deferred

tax

£

Balance at 1 August 2024

4,226

Accelerated capital allowances

4,366

Balance at 31 July 2025

8,592

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

55

Ordinary

£1

55

10

Ordinary 'A'

£1

10

30

Ordinary 'B'

£1

30

5

Ordinary 'C'

£1

5

100

The Ordinary shares and Ordinary 'A', 'B' and 'C' shares rank pari passu in all respects except that dividends may be paid to the holders of one class of shares to the exclusion of the other at the directors' discretion.

10.	RELATED PARTY DISCLOSURES

The directors maintain loan accounts with the company. At the year end the company owed them £520,651 (2024: £574,647).