REGISTERED NUMBER: 04689172 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

M & K Quality Butchers Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Report of the Accountants

8

DIRECTORS:

P M Kneafsey

Mrs L D Kneafsey

S Kneafsey

M Kneafsey

SECRETARY:

Mrs L D Kneafsey

REGISTERED OFFICE:

10 Bishopthorpe Road

York

YO23 1JJ

REGISTERED NUMBER:

04689172 (England and Wales)

ACCOUNTANTS:

Kaye Middleton & Co

19 Railway Street

Pocklington

York

East Yorkshire

YO42 2QR

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

121,795

98,257

121,795

98,257

CURRENT ASSETS

Stocks

59,725

97,096

Debtors

6

291,772

248,546

Cash at bank and in hand

128,486

82,939

479,983

428,581

CREDITORS

Amounts falling due within one year

7

332,498

363,005

NET CURRENT ASSETS

147,485

65,576

TOTAL ASSETS LESS CURRENT LIABILITIES

269,280

163,833

CREDITORS

Amounts falling due after more than one year

8

23,516

11,440

NET ASSETS

245,764

152,393

CAPITAL AND RESERVES

Called up share capital

500

500

Retained earnings

245,264

151,893

SHAREHOLDERS' FUNDS

245,764

152,393

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 22 June 2026 and were signed on its behalf by:

P M Kneafsey - Director

1.	STATUTORY INFORMATION

M & K Quality Butchers 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 2003, is being amortised evenly over its estimated useful life of twenty 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

Motor vehicles

-

25% 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 16 (2025 - 17 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

63,000

AMORTISATION

At 1 April 2025

and 31 March 2026

63,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

166,969

114,788

2,398

284,155

Additions

7,275

33,000

416

40,691

Disposals

-

(12,834

)

-

(12,834

)

At 31 March 2026

174,244

134,954

2,814

312,012

DEPRECIATION

At 1 April 2025

114,238

69,444

2,216

185,898

Charge for year

5,276

11,338

149

16,763

Eliminated on disposal

-

(12,444

)

-

(12,444

)

At 31 March 2026

119,514

68,338

2,365

190,217

NET BOOK VALUE

At 31 March 2026

54,730

66,616

449

121,795

At 31 March 2025

52,731

45,344

182

98,257

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

Motor

vehicles

£

COST

At 1 April 2025

63,180

Additions

33,000

At 31 March 2026

96,180

DEPRECIATION

At 1 April 2025

31,196

Charge for year

7,996

At 31 March 2026

39,192

NET BOOK VALUE

At 31 March 2026

56,988

At 31 March 2025

31,984

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

280,000

245,000

Other debtors

11,772

3,546

291,772

248,546

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

3,333

10,000

Hire purchase contracts

14,591

16,910

Trade creditors

241,267

275,179

Taxation and social security

66,681

54,290

Other creditors

6,626

6,626

332,498

363,005

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

3,333

Hire purchase contracts

23,516

8,107

23,516

11,440

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 March 2026 set out on pages one to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Kaye Middleton & Co

19 Railway Street

Pocklington

York

East Yorkshire

YO42 2QR

22 June 2026