A & J Winter (Butchers) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 06856819 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2018

for

A & J Winter (Butchers) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A P G Winter

Mrs J E Winter

REGISTERED OFFICE:

32C St James Street

South Petherton

Somerset

TA13 5BW

REGISTERED NUMBER:

06856819 (England and Wales)

ACCOUNTANTS:

Read & Co.

107 North Street

Martock

Somerset

TA12 6EJ

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

38,968

17,291

38,968

17,291

CURRENT ASSETS

Stocks

7,790

7,570

Debtors

6

11,349

11,727

Cash in hand

558

693

19,697

19,990

CREDITORS

Amounts falling due within one year

7

40,180

35,771

NET CURRENT LIABILITIES

(20,483

)

(15,781

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

18,485

1,510

CREDITORS

Amounts falling due after more than one
year

8

(12,350

)

-

PROVISIONS FOR LIABILITIES

9

(5,169

)

-

NET ASSETS

966

1,510

CAPITAL AND RESERVES

Called up share capital

10

100

Retained earnings

11

866

1,410

SHAREHOLDERS' FUNDS

966

1,510

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 28 December 2018 and were signed on its behalf
by:

Mr A P G Winter - Director

1.	STATUTORY INFORMATION

A & J Winter (Butchers) Ltd 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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 0, is being amortised evenly over its estimated useful life of nil 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.

Land and buildings

-

in accordance with the property

Plant and machinery etc

-

20% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2017 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2017

and 31 March 2018

43,500

AMORTISATION

At 1 April 2017

and 31 March 2018

43,500

NET BOOK VALUE

At 31 March 2018

-

At 31 March 2017

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 April 2017

2,442

67,458

69,900

Additions

-

30,809

At 31 March 2018

2,442

98,267

100,709

DEPRECIATION

At 1 April 2017

-

52,609

Charge for year

-

9,132

At 31 March 2018

-

61,741

NET BOOK VALUE

At 31 March 2018

2,442

36,526

38,968

At 31 March 2017

2,442

14,849

17,291

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

Trade debtors

533

-

Other debtors

10,816

11,727

11,349

11,727

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

Bank loans and overdrafts

18,409

18,113

Trade creditors

10,668

11,297

Taxation and social security

5,742

4,308

Other creditors

5,361

2,053

40,180

35,771

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.18

31.3.17

£

Bank loans

12,350

-

9.	PROVISIONS FOR LIABILITIES

31.3.18

31.3.17

£

Deferred tax

5,169

-

Deferred

tax

£

Charge to Income Statement during year

5,169

Balance at 31 March 2018

5,169

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.18

31.3.17

value:

£

100

Ordinary

£1

100

11.

RESERVES

Retained

earnings

£

At 1 April 2017

1,410

Profit for the year

23,456

Dividends

(24,000

)

At 31 March 2018

866

12.	RELATED PARTY DISCLOSURES

The company is under the control of its directors and shareholders and has no ultimate controlling party.