Company Registration No. 05636082 (England and Wales)
R Andrews (Quality Meats) Limited
Unaudited accounts
for the year ended 31 January 2025
R Andrews (Quality Meats) Limited
Unaudited accounts
Contents
R Andrews (Quality Meats) Limited
Company Information
for the year ended 31 January 2025
Company Number
05636082 (England and Wales)
Registered Office
337 Holdenhurst Road
Bournemouth
BH8 8BT
Accountants
S Collins-Dryer
337 Holdenhurst Road
Bournemouth
BH8 8BT
R Andrews (Quality Meats) Limited
Statement of financial position
as at 31 January 2025
Tangible assets
14,662
18,722
Investment property
366,493
366,493
Cash at bank and in hand
279,722
297,267
Creditors: amounts falling due within one year
(337,091)
(342,804)
Net current assets
118,148
142,762
Total assets less current liabilities
499,303
527,977
Creditors: amounts falling due after more than one year
(109,070)
(122,183)
Provisions for liabilities
Deferred tax
(2,380)
(3,560)
Net assets
387,853
402,234
Called up share capital
2
2
Profit and loss account
387,851
402,232
Shareholders' funds
387,853
402,234
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 November 2025 and were signed on its behalf by
M Andrews
Director
Company Registration No. 05636082
R Andrews (Quality Meats) Limited
Notes to the Accounts
for the year ended 31 January 2025
R Andrews (Quality Meats) Limited is a private company, limited by shares, registered in England and Wales, registration number 05636082. The registered office is 337 Holdenhurst Road, Bournemouth, BH8 8BT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets are stated at cost less depreciation,Depreciation has been provided at the following rates in order to write off the assets less their estimated residual value over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
20% straight line
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Stocks have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
R Andrews (Quality Meats) Limited
Notes to the Accounts
for the year ended 31 January 2025
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2024
44,716
25,928
70,644
At 31 January 2025
46,354
25,928
72,282
At 1 February 2024
35,760
16,162
51,922
Charge for the year
2,239
3,459
5,698
At 31 January 2025
37,999
19,621
57,620
At 31 January 2025
8,355
6,307
14,662
At 31 January 2024
8,956
9,766
18,722
Fair value at 1 February 2024
366,493
At 31 January 2025
366,493
In the opinion of the director, the fair value and cost of the investment property are not significantly different at 31 January 2025.
Amounts falling due within one year
Trade debtors
139,299
157,998
R Andrews (Quality Meats) Limited
Notes to the Accounts
for the year ended 31 January 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
21,792
21,792
Trade creditors
136,382
136,550
Amounts owed to group undertakings and other participating interests
156,501
145,636
Taxes and social security
11,748
29,263
Loans from directors
641
208
The bank loan is secured on the investment property.
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
109,070
122,183
Aggregate of amounts that fall due for payment after five years
21,258
43,173
The bank loan is secured on the investment property.
9
Deferred taxation
2025
2024
Accelerated capital allowances
2,380
3,560
Provision at start of year
3,560
4,680
Credited to the profit and loss account
(1,180)
(1,120)
Provision at end of year
2,380
3,560
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
11
Transactions with related parties
R Andrews & Son Limited is a company in which Mr M Andrews is a director and a majority shareholder.
The company owed £156,501 to R Andrews & Son Limited at 31 January 2025 (2024 : £ 145,635). This amount is interest free and repayable on demand.
The director was owed £641 (2024 : £208) by the company at 31 January 2025. This amount is interest free and repayable on demand
R Andrews (Quality Meats) Limited
Notes to the Accounts
for the year ended 31 January 2025
12
Average number of employees
During the year the average number of employees was 7 (2024: 6).