Barkers Yorkshire Butchers Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—7

1. General Information

Barkers Yorkshire Butchers Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04612105 . The registered office is First Floor, Embsay Mill, Embsay, Skipton, North Yorkshire, BD23 6QR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements are prepared under the historical cost basis.

The financial statements are prepared in sterling, which is the functional currency of the entity.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Turnover is invoiced and recognised on delivery of goods sold.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

Goodwill - 5% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	10% straight line
Plant & Machinery	10% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	25% reducing balance

2.5. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.6. Financial Instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transactions price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

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Barkers Yorkshire Butchers Limited

Notes to the Financial Statements (continued)

For the Period 1 January 2025 to 31 January 2026

2.7. Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

2.8. Pensions

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

2.9. Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs.

The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

2.10. Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period is arises.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 9 (2024: 9)

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Barkers Yorkshire Butchers Limited

Notes to the Financial Statements (continued)

For the Period 1 January 2025 to 31 January 2026

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 January 2025	280,000

As at 31 January 2026	280,000

Amortisation
As at 1 January 2025	280,000

As at 31 January 2026	280,000

Net Book Value
As at 31 January 2026	-

As at 1 January 2025	-

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£	£
Cost
As at 1 January 2025	7,155	156,234	108,406	43,856	315,651
Additions	-	624	15,000	1,782	17,406
Disposals	-	-	(29,000 )	-	(29,000 )

As at 31 January 2026	7,155	156,858	94,406	45,638	304,057

Depreciation
As at 1 January 2025	7,155	95,025	75,137	39,704	217,021
Provided during the period	-	6,183	5,421	1,483	13,087
Disposals	-	-	(2,417 )	-	(2,417 )

As at 31 January 2026	7,155	101,208	78,141	41,187	227,691

Net Book Value
As at 31 January 2026	-	55,650	16,265	4,451	76,366

As at 1 January 2025	-	61,209	33,269	4,152	98,630

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Barkers Yorkshire Butchers Limited

Notes to the Financial Statements (continued)

For the Period 1 January 2025 to 31 January 2026

6. Debtors

	31 January 2026	31 December 2024
	£	£
Due within one year
Trade debtors	106,964	178,975
Prepayments and accrued income	4,266	759
Other debtors	26,902	-
VAT	-	2,767

	138,132	182,501

7. Creditors: Amounts Falling Due Within One Year

	31 January 2026	31 December 2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	4,400
Trade creditors	198,431	182,998
Bank loans and overdrafts	9,167	5,000
Corporation tax	-	783
Other taxes and social security	7,653	4,914
VAT	6,730	-
Pensions payable	17	(256 )
Accruals and deferred income	7,683	4,475
Directors' loan accounts	-	8,266

	229,681	210,580

Included in creditors: amounts falling due within one year, are net obligations under hire purchase contracts of £nil (2024 - £4,400) which are secured against the assets to which they relate.

8. Creditors: Amounts Falling Due After More Than One Year

	31 January 2026	31 December 2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	16,133
Bank loans	6,667	22,917

	6,667	39,050

Included in creditors: amounts falling due after more than one year, are net obligations under hire purchase contracts of £nil (2024 - £16,133) which are secured against the assets to which they relate.

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Barkers Yorkshire Butchers Limited

Notes to the Financial Statements (continued)

For the Period 1 January 2025 to 31 January 2026

9. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	31 January 2026	31 December 2024
	£	£
Not later than one year	16,500	16,500
Later than one year and not later than five years	15,125	33,000

	31,625	49,500

10. Pension Commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held seperately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £6,813 (2024 - £4,857).

Contributions totalling £17 (2024 - £nil) were payable to the fund at the year end, and are included in

creditors: amounts falling due within one year.

11. Related Party Transactions

During the year, dividends of £25,963 (2024 - £23,000) were paid to the directors.

Included in creditors: amounts falling due within one year, is an amount of £nil (2024 - £8,266) owing to the directors.

The balance is interest free and repayable on demand.

12. Ultimate Controlling Party

The company is a wholly owned subsidiary undertaking of Robertshaw's Farm Shop Limited.

The registered office of Robertshaw's Farm Shop Limited is Kellham Hall Farm, Thornton, Bradford, West Yorkshire, BD13 3SS.

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		31 January 2026		31 December 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		76,366		98,630

			76,366		98,630
CURRENT ASSETS
Stocks		38,090		18,750
Debtors	6	138,132		182,501
Cash at bank and in hand		38,586		55,457

		214,808		256,708
Creditors: Amounts Falling Due Within One Year	7	(229,681 )		(210,580 )

NET CURRENT ASSETS (LIABILITIES)			(14,873 )		46,128

TOTAL ASSETS LESS CURRENT LIABILITIES			61,493		144,758

Creditors: Amounts Falling Due After More Than One Year	8		(6,667 )		(39,050 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(14,005 )		(18,740 )

NET ASSETS			40,821		86,968

CAPITAL AND RESERVES
Called up share capital			7,500		7,500
Capital redemption reserve			7,500		7,500
Income Statement			25,821		71,968

SHAREHOLDERS' FUNDS			40,821		86,968