The Arran Butcher Ltd

The Arran Butcher Ltd

THE ARRAN BUTCHER LTD - Company Information

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1 January 2020 false No description of principal activity Taxfiler 2021.11 SC400811business:PrivateLimitedCompanyLtd2020-01-012020-12-31 SC4008112019-12-31 SC4008112020-01-012020-12-31 SC400811business:AuditExempt-NoAccountantsReport2020-01-012020-12-31 SC400811business:FullAccounts2020-01-012020-12-31 SC4008112020-12-31 SC400811business:Director12020-01-012020-12-31 SC400811business:RegisteredOffice2020-01-012020-12-31 SC4008112019-12-31 SC400811core:WithinOneYear2020-12-31 SC400811core:WithinOneYear2019-12-31 SC400811core:AfterOneYear2020-12-31 SC400811core:AfterOneYear2019-12-31 SC400811core:ShareCapital2020-12-31 SC400811core:ShareCapital2019-12-31 SC400811core:RetainedEarningsAccumulatedLosses2020-12-31 SC400811core:RetainedEarningsAccumulatedLosses2019-12-31 SC400811business:SmallEntities2020-01-012020-12-31 SC400811countries:Scotland2020-01-012020-12-31 SC400811core:PlantMachinery2020-01-012020-12-31 SC400811core:MotorVehicles2020-01-012020-12-31 SC400811core:FurnitureFittings2020-01-012020-12-31 SC400811core:ComputerEquipment2020-01-012020-12-31 SC400811core:Goodwill2019-12-31 SC400811core:IntangibleAssetsOtherThanGoodwill2019-12-31 SC400811core:Goodwill2020-12-31 SC400811core:IntangibleAssetsOtherThanGoodwill2020-12-31 SC400811core:Goodwill2020-01-012020-12-31 SC400811core:IntangibleAssetsOtherThanGoodwill2020-01-012020-12-31 SC400811core:LandBuildings2019-12-31 SC400811core:PlantMachinery2019-12-31 SC400811core:MotorVehicles2019-12-31 SC400811core:FurnitureFittings2019-12-31 SC400811core:ComputerEquipment2019-12-31 SC400811core:LandBuildings2020-01-012020-12-31 SC400811core:LandBuildings2020-12-31 SC400811core:PlantMachinery2020-12-31 SC400811core:MotorVehicles2020-12-31 SC400811core:FurnitureFittings2020-12-31 SC400811core:ComputerEquipment2020-12-31 SC4008112019-01-012019-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC400811 (Scotland)
The Arran Butcher Ltd Unaudited accounts for the year ended 31 December 2020
The Arran Butcher Ltd Unaudited accounts Contents
Page
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The Arran Butcher Ltd Company Information for the year ended 31 December 2020
Director
David Gilbert McKinnon
Company Number
SC400811 (Scotland)
Registered Office
HARBOUR VIEW BLACKWATERFOOT ISLE OF ARRAN KA27 8EZ
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The Arran Butcher Ltd Statement of financial position as at 31 December 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
4,500 
7,500 
Tangible assets
5
158,951 
166,463 
163,451 
173,963 
Current assets
Inventories
16,500 
25,200 
Debtors
6
60,431 
86,947 
Cash at bank and in hand
3,276 
926 
80,207 
113,073 
Creditors: amounts falling due within one year
7
(124,596)
(120,050)
Net current liabilities
(44,389)
(6,977)
Total assets less current liabilities
119,062 
166,986 
Creditors: amounts falling due after more than one year
8
(94,709)
(100,039)
Provisions for liabilities
Deferred tax
(4,471)
(21,664)
Net assets
19,882 
45,283 
Capital and reserves
Called up share capital
30,000 
30,000 
Profit and loss account
(10,118)
15,283 
Shareholders' funds
19,882 
45,283 
For the year ending 31 December 2020 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 28 September 2021 and were signed on its behalf by
David Gilbert McKinnon Director Company Registration No. SC400811
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The Arran Butcher Ltd Notes to the Accounts for the year ended 31 December 2020
1
Statutory information
The Arran Butcher Ltd is a private company, limited by shares, registered in Scotland, registration number SC400811. The registered office is HARBOUR VIEW, BLACKWATERFOOT, ISLE OF ARRAN, KA27 8EZ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% Reducing Balance
Motor vehicles
33% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 January 2020
30,000 
3,765 
33,765 
At 31 December 2020
30,000 
3,765 
33,765 
Amortisation
At 1 January 2020
22,500 
3,765 
26,265 
Charge for the year
3,000 
- 
3,000 
At 31 December 2020
25,500 
3,765 
29,265 
Net book value
At 31 December 2020
4,500 
- 
4,500 
At 31 December 2019
7,500 
- 
7,500 
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The Arran Butcher Ltd Notes to the Accounts for the year ended 31 December 2020
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 January 2020
115,859 
80,308 
28,996 
19,791 
10,565 
255,519 
Additions
- 
483 
- 
580 
- 
1,063 
Disposals
- 
- 
(14,000)
- 
- 
(14,000)
At 31 December 2020
115,859 
80,791 
14,996 
20,371 
10,565 
242,582 
Depreciation
At 1 January 2020
3,448 
38,176 
24,917 
15,800 
6,715 
89,056 
Charge for the year
862 
4,261 
1,346 
1,143 
963 
8,575 
On disposals
- 
- 
(14,000)
- 
- 
(14,000)
At 31 December 2020
4,310 
42,437 
12,263 
16,943 
7,678 
83,631 
Net book value
At 31 December 2020
111,549 
38,354 
2,733 
3,428 
2,887 
158,951 
At 31 December 2019
112,411 
42,132 
4,079 
3,991 
3,850 
166,463 
6
Debtors: amounts falling due within one year
2020 
2019 
£ 
£ 
VAT
1,051 
2,446 
Trade debtors
30,131 
51,008 
Accrued income and prepayments
2,145 
1,303 
Other debtors
27,104 
32,190 
60,431 
86,947 
7
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Bank loans and overdrafts
37,451 
39,840 
Obligations under finance leases and hire purchase contracts
- 
5,362 
Trade creditors
78,551 
73,026 
Taxes and social security
3,390 
10,352 
Other creditors
4,004 
(10,041)
Accruals
1,200 
1,511 
124,596 
120,050 
8
Creditors: amounts falling due after more than one year
2020 
2019 
£ 
£ 
Bank loans
50,000 
45,629 
Other creditors
44,709 
- 
Loans from directors
- 
54,410 
94,709 
100,039 
9
Average number of employees
During the year the average number of employees was 11 (2019: 11).
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