REGISTERED NUMBER: NI661901 (Northern Ireland)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

LISDERGAN BUTCHERY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I McKernaghan

J J A Kirkland

REGISTERED OFFICE:

97A Main Street

FINTONA

Co. Tyrone

BT78 2AQ

REGISTERED NUMBER:

NI661901 (Northern Ireland)

ACCOUNTANTS:

R Cathers & Co

Chartered Accountants & Registered Auditors

107 Main Street

FINTONA

Co. Tyrone

BT78 2AH

FIXED ASSETS

Tangible assets

4

924,963

771,920

CURRENT ASSETS

Stocks

179,689

163,097

Debtors

5

796,543

386,328

Cash at bank

57,451

104,024

1,033,683

653,449

CREDITORS

Amounts falling due within one year

6

1,264,409

1,057,206

NET CURRENT LIABILITIES

(230,726

)

(403,757

)

TOTAL ASSETS LESS CURRENT LIABILITIES

694,237

368,163

CREDITORS

Amounts falling due after more than one year

7

110,700

-

NET ASSETS

583,537

368,163

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

583,337

367,963

583,537

368,163

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 5 May 2026 and were signed on its behalf by:

I McKernaghan - Director

1.	STATUTORY INFORMATION

Lisdergan Butchery Ltd is a private company, limited by shares , registered in Northern Ireland. 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.

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

-

15% 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

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 48 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 June 2024

500,288

332,026

832,314

Additions

79,634

134,905

214,539

At 31 May 2025

579,922

466,931

1,046,853

DEPRECIATION

At 1 June 2024

3,439

56,955

60,394

Charge for year

-

61,496

61,496

At 31 May 2025

3,439

118,451

121,890

NET BOOK VALUE

At 31 May 2025

576,483

348,480

924,963

At 31 May 2024

496,849

275,071

771,920

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

644,923

355,571

Other debtors

151,620

30,757

796,543

386,328

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

6,125

-

Trade creditors

1,086,533

990,093

Taxation and social security

67,558

35,430

Other creditors

104,193

31,683

1,264,409

1,057,206

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

10,537

-

Other creditors

100,163

-

110,700

-