REGISTERED NUMBER: 04663561 (England and Wales)

Report of the Director and

Financial Statements for the Year Ended 28 February 2025

for

Williamsons Family Butchers Limited

Page

Company Information

1

Report of the Director

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTOR:

S Williamson

REGISTERED OFFICE:

129 St. Johns Road

Waterloo

Liverpool

Merseyside

L22 9QE

REGISTERED NUMBER:

04663561 (England and Wales)

ACCOUNTANTS:

M P Greaves Limited

Chartered Certified Accountants

74 Marmot Road

Liverpool

Merseyside

L37 6GB

The director presents his report with the financial statements of the company for the year ended 28 February 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of a butcher.

DIRECTOR

S Williamson held office during the whole of the period from 1 March 2024 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

S Williamson - Director

18 November 2025

TURNOVER

697,950

713,613

Cost of sales

558,904

562,881

GROSS PROFIT

139,046

150,732

Administrative expenses

119,506

131,435

19,540

19,297

Other operating income

6,785

7,075

OPERATING PROFIT

4

26,325

26,372

Interest receivable and similar income

16

18

26,341

26,390

Interest payable and similar expenses

10,137

8,429

PROFIT BEFORE TAXATION

16,204

17,961

Tax on profit

4,045

1,348

PROFIT FOR THE FINANCIAL YEAR

12,159

16,613

FIXED ASSETS

Tangible assets

5

223,598

229,738

CURRENT ASSETS

Stocks

8,600

7,500

Debtors

6

40,262

35,449

Cash at bank and in hand

3,427

13,475

52,289

56,424

CREDITORS

Amounts falling due within one year

7

129,597

121,484

NET CURRENT LIABILITIES

(77,308

)

(65,060

)

TOTAL ASSETS LESS CURRENT LIABILITIES

146,290

164,678

CREDITORS

Amounts falling due after more than one year

8

95,833

109,630

NET ASSETS

50,457

55,048

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

50,357

54,948

SHAREHOLDERS' FUNDS

50,457

55,048

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 18 November 2025 and were signed by:

S Williamson - Director

1.	STATUTORY INFORMATION

Williamsons Family 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 as modified by the revaluation of certain assets.

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.

Land and buildings

-

not provided

Plant and machinery etc

-

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 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 8 (2024 - 9 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

28.2.25

29.2.24

£

£

Depreciation - owned assets

7,867

9,913

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 March 2024

200,000

82,971

282,971

Additions

-

1,727

1,727

At 28 February 2025

200,000

84,698

284,698

DEPRECIATION

At 1 March 2024

-

53,233

53,233

Charge for year

-

7,867

7,867

At 28 February 2025

-

61,100

61,100

NET BOOK VALUE

At 28 February 2025

200,000

23,598

223,598

At 29 February 2024

200,000

29,738

229,738

Cost or valuation at 28 February 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2018

36,364

-

36,364

Valuation in 2021

37,500

-

37,500

Valuation in 2022

1,837

-

1,837

Valuation in 2023

(12,962

)

-

(12,962

)

Cost

137,261

84,698

221,959

200,000

84,698

284,698

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

28.2.25

29.2.24

£

£

Cost

137,261

137,261

Freehold land and buildings were valued on an open market basis on 28 February 2025 by S Williamson (Director) .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

36,620

32,380

Other debtors

3,642

3,069

40,262

35,449

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans and overdrafts

17,033

13,509

Hire purchase contracts

3,457

3,457

Trade creditors

76,043

66,835

Taxation and social security

4,312

1,552

Other creditors

28,752

36,131

129,597

121,484

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans

91,800

102,140

Hire purchase contracts

4,033

7,490

95,833

109,630

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

81,825

85,549