REGISTERED NUMBER: 13233015 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

Butler & Co Audit Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs J M Butler FCA

Ms L M C Butler FCA MAAT

S J Slater FCA

REGISTERED OFFICE:

The Old Stables

Sutton Manor Farm

Bishops Sutton

Alresford

Hampshire

SO24 0AA

REGISTERED NUMBER:

13233015 (England and Wales)

ACCOUNTANTS:

Butler & Co Alresford Limited

Chartered Accountants

The Old Stables

Sutton Manor Farm

Bishops Sutton

Alresford

Hampshire

SO24 0AA

FIXED ASSETS

Intangible assets

4

2,122

4,245

CURRENT ASSETS

Debtors

5

15,025

18,110

Cash at bank

1,106

2,478

16,131

20,588

CREDITORS

Amounts falling due within one year

6

15,745

23,900

NET CURRENT ASSETS/(LIABILITIES)

386

(3,312

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,508

933

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

2,408

833

SHAREHOLDERS' FUNDS

2,508

933

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:

Mrs J M Butler FCA - Director

Ms L M C Butler FCA MAAT - Director

1.	STATUTORY INFORMATION

Butler & Co Audit 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 five 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2024

and 31 July 2025

10,612

AMORTISATION

At 1 August 2024

6,367

Charge for year

2,123

At 31 July 2025

8,490

NET BOOK VALUE

At 31 July 2025

2,122

At 31 July 2024

4,245

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

9,240

9,744

Other debtors

5,205

3,405

Prepayments

580

4,961

15,025

18,110

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

7,207

10,699

Tax

1,219

595

VAT

528

1,223

Other creditors

6,749

6,121

Directors' current accounts

12

4,512

Accrued expenses

30

750

15,745

23,900

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

90

Ordinary 'A'

£1

90

90

5

Ordinary 'B'

£1

5

5

5

Ordinary 'C'

£1

5

5

100

100

The Ordinary 'A' shares, Ordinary 'B' shares and Ordinary '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.

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £1,500 were paid to the directors .

Mrs J M Butler

Director and Shareholder

At the balance sheet date the company owed Mrs J M Butler £12 (2024: £4,512).