Company Registration No. 4875471 (England and Wales)
Butterfly Embroidery Limited
Unaudited accounts
for the year ended 31 August 2025
Butterfly Embroidery Limited
Unaudited accounts
Contents
Butterfly Embroidery Limited
Statement of financial position
as at 31 August 2025
Tangible assets
567,682
560,138
Investment property
211,841
211,841
Inventories
245,805
189,723
Cash at bank and in hand
817,808
979,842
Creditors: amounts falling due within one year
(1,442,516)
(1,265,764)
Net current assets
274,705
503,355
Net assets
1,054,228
1,275,334
Called up share capital
100
100
Profit and loss account
1,054,128
1,275,234
Shareholders' funds
1,054,228
1,275,334
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 26 May 2026 and were signed on its behalf by
M Sharma
Director
Company Registration No. 4875471
Butterfly Embroidery Limited
Notes to the Accounts
for the year ended 31 August 2025
Butterfly Embroidery Limited is a private company, limited by shares, registered in England and Wales, registration number 4875471. The registered office is UNIT 1-7 , BROADWEL BUSINESS PARK, BROADWELL ROAD, OLDBURY, WEST MIDLANDS, B69 4BL, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Tangible fixed assets policy
No depreciation has been provided on investment properties. Investment properties are valued annually and shown in the accounts at valuation. Net surpluses are credited to revaluation reserve. Depreciation on other assets has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% on cost
Plant & machinery
25% on the reducing balance
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Butterfly Embroidery Limited
Notes to the Accounts
for the year ended 31 August 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2024
333,240
695,759
69,500
1,098,499
Additions
-
123,000
2,000
125,000
Disposals
-
(8,000)
-
(8,000)
At 31 August 2025
333,240
810,759
71,500
1,215,499
At 1 September 2024
73,304
434,652
30,405
538,361
Charge for the year
6,664
94,519
10,273
111,456
On disposals
-
(2,000)
-
(2,000)
At 31 August 2025
79,968
527,171
40,678
647,817
At 31 August 2025
253,272
283,588
30,822
567,682
At 31 August 2024
259,936
261,107
39,095
560,138
Fair value at 1 September 2024
211,841
Amounts falling due within one year
Trade debtors
527,472
425,417
Other debtors
126,136
174,137
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Creditors: amounts falling due within one year
2025
2024
Trade creditors
844,034
641,898
Taxes and social security
36,673
21,125
Other creditors
289,648
328,754
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Butterfly Embroidery Limited
Notes to the Accounts
for the year ended 31 August 2025
9
Average number of employees
During the year the average number of employees was 47 (2024: 51).