REGISTERED NUMBER: 04145806 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

MIKE WILSON BUTCHERS LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTOR:

M Wilson

REGISTERED OFFICE:

1 Market Place

Patrington

Hull

E. Yorks

HU12 0RA

REGISTERED NUMBER:

04145806 (England and Wales)

ACCOUNTANTS:

Majors Limited

57 Spyvee Street

Hull

E. Yorks

HU8 7JJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

140,569

144,480

140,569

144,480

CURRENT ASSETS

Stocks

4,730

4,215

Debtors

6

2,894

2,615

Cash at bank and in hand

24,630

25,687

32,254

32,517

CREDITORS

Amounts falling due within one year

7

41,400

40,785

NET CURRENT LIABILITIES

(9,146

)

(8,268

)

TOTAL ASSETS LESS CURRENT LIABILITIES

131,423

136,212

CREDITORS

Amounts falling due after more than one year

8

(61,174

)

(63,439

)

PROVISIONS FOR LIABILITIES

(600

)

(1,330

)

NET ASSETS

69,649

71,443

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

69,549

71,343

SHAREHOLDERS' FUNDS

69,649

71,443

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 10 October 2026 and were signed by:

M Wilson - Director

1.	STATUTORY INFORMATION

Mike Wilson 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 2001, is being amortised evenly over its estimated useful life of ten 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 the cost less estimated residual value of 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 etc

-

33% on cost, 25% on cost and 20% on cost

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 3 (2025 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2025

and 31 January 2026

24,000

AMORTISATION

At 1 February 2025

and 31 January 2026

24,000

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 February 2025

136,366

15,923

11,500

6,427

170,216

Additions

-

-

-

1,380

1,380

At 31 January 2026

136,366

15,923

11,500

7,807

171,596

DEPRECIATION

At 1 February 2025

-

14,191

7,092

4,453

25,736

Charge for year

-

1,731

2,300

1,260

5,291

At 31 January 2026

-

15,922

9,392

5,713

31,027

NET BOOK VALUE

At 31 January 2026

136,366

1

2,108

2,094

140,569

At 31 January 2025

136,366

1,732

4,408

1,974

144,480

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

Motor

vehicles

£

COST

At 1 February 2025

DEPRECIATION

Charge for year

2,300

At 31 January 2026

2,300

NET BOOK VALUE

At 31 January 2026

(2,300

)

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

PAYE

927

548

VAT

1,029

1,102

Prepayments and accrued income

938

965

2,894

2,615

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

3,000

3,000

Trade creditors

1,068

1,112

Tax

3,828

4,970

Social security and other taxes

100

91

Other creditors

250

690

Director's current account

32,595

30,367

Accruals and deferred income

559

555

41,400

40,785

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

3,000

3,000

Bank loans - 2-5 years

9,000

9,000

Bank loans more 5 yr by instal

49,174

51,439

61,174

63,439

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

49,174

51,439

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

64,174

66,439

The bank loan is secured with a fixed and floating charge over all property of the company.