REGISTERED NUMBER: 06856819 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

A & J Winter (Butchers) ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr A P J 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

17,291

21,003

17,291

21,003

CURRENT ASSETS

Stocks

7,570

7,250

Debtors

6

11,727

30,764

Cash in hand

693

117

19,990

38,131

CREDITORS

Amounts falling due within one year

7

35,771

45,782

NET CURRENT LIABILITIES

(15,781

)

(7,651

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,510

13,352

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

1,410

13,252

SHAREHOLDERS' FUNDS

1,510

13,352

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 12 December 2017 and were signed on its behalf by:

Mr A P J 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 8 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2016

and 31 March 2017

43,500

AMORTISATION

At 1 April 2016

and 31 March 2017

43,500

NET BOOK VALUE

At 31 March 2017

-

At 31 March 2016

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2016

and 31 March 2017

2,442

67,458

69,900

DEPRECIATION

At 1 April 2016

-

48,897

48,897

Charge for year

-

3,712

3,712

At 31 March 2017

-

52,609

52,609

NET BOOK VALUE

At 31 March 2017

2,442

14,849

17,291

At 31 March 2016

2,442

18,561

21,003

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

-

1,900

Other debtors

11,727

28,864

11,727

30,764

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Bank loans and overdrafts

18,113

20,061

Trade creditors

11,297

11,677

Taxation and social security

4,308

12,037

Other creditors

2,053

2,007

35,771

45,782

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.17

31.3.16

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 April 2016

13,252

Profit for the year

18,158

Dividends

(30,000

)

At 31 March 2017

1,410

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £30,000 were paid to the directors .

11.	ULTIMATE CONTROLLING PARTY

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