REGISTERED NUMBER: 07323132 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

Glebe Farm Butchers Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C R Partington

SECRETARY:

REGISTERED OFFICE:

20 Crewe Road

Sandbach

Cheshire

CW11 4NE

REGISTERED NUMBER:

07323132 (England and Wales)

ACCOUNTANTS:

John Greenall & Co Limited

20 Crewe Road

Sandbach

Cheshire

CW11 4NE

FIXED ASSETS

Intangible assets

4

12,000

12,000

Tangible assets

5

106,230

117,804

118,230

129,804

CURRENT ASSETS

Stocks

35,870

36,800

Debtors

6

32,631

30,699

Cash at bank and in hand

3,527

6,328

72,028

73,827

CREDITORS

Amounts falling due within one year

7

155,268

140,097

NET CURRENT LIABILITIES

(83,240

)

(66,270

)

TOTAL ASSETS LESS CURRENT LIABILITIES

34,990

63,534

CREDITORS

Amounts falling due after more than one year

8

8,059

28,252

NET ASSETS

26,931

35,282

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

26,929

35,280

26,931

35,282

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 28 May 2026 and were signed by:

C R Partington - Director

1.	STATUTORY INFORMATION

Glebe Farm Butchers Ltd 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 0, is being amortised evenly over its estimated useful life of nil 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 7 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

12,000

NET BOOK VALUE

At 31 August 2025

12,000

At 31 August 2024

12,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 September 2024

190,472

3,549

24,800

218,821

Additions

-

1,650

-

1,650

At 31 August 2025

190,472

5,199

24,800

220,471

DEPRECIATION

At 1 September 2024

82,965

1,793

16,259

101,017

Charge for year

10,751

511

1,962

13,224

At 31 August 2025

93,716

2,304

18,221

114,241

NET BOOK VALUE

At 31 August 2025

96,756

2,895

6,579

106,230

At 31 August 2024

107,507

1,756

8,541

117,804

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 September 2024

14,000

Transfer to ownership

(14,000

)

At 31 August 2025

-

DEPRECIATION

At 1 September 2024

9,811

Transfer to ownership

(9,811

)

At 31 August 2025

-

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

4,189

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

6,195

9,719

Amounts owed by associates

8,000

8,000

Other debtors

18,436

12,980

32,631

30,699

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

26,856

21,832

Hire purchase contracts

2,628

4,972

Trade creditors

91,981

90,723

Amounts owed to associates

4,000

4,000

Taxation and social security

17,042

6,893

Other creditors

12,761

11,677

155,268

140,097

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

2,581

19,968

Hire purchase contracts

5,478

8,284

8,059

28,252