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REGISTERED NUMBER: 03562600 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2017

FOR

E & P CATERING BUTCHERS LIMITED

E & P CATERING BUTCHERS LIMITED (REGISTERED NUMBER: 03562600)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2017




Page

Company Information 1

Income Statement 2

Balance Sheet 3

Notes to the Financial Statements 5


E & P CATERING BUTCHERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2017







DIRECTORS: P Young
E Curley
Mrs N Curley
Mrs J L Young





SECRETARY: P Young





REGISTERED OFFICE: Barlow House
Barlow Road
Coventry
West Midlands
CV2 2LD





REGISTERED NUMBER: 03562600 (England and Wales)





ACCOUNTANTS: Armstrongs
Chartered Accountants and Business Advisors
1&2 Mercia Village
Torwood Close
Westwood Business Park
Coventry
West Midlands
CV4 8HX

E & P CATERING BUTCHERS LIMITED (REGISTERED NUMBER: 03562600)

INCOME STATEMENT
FOR THE YEAR ENDED 30TH JUNE 2017

2017 2016
Notes £    £   

TURNOVER 4,050,304 3,664,723

Cost of sales 2,829,842 2,566,146
GROSS PROFIT 1,220,462 1,098,577

Administrative expenses 982,083 874,992
238,379 223,585

Other operating income 1,896 -
OPERATING PROFIT 4 240,275 223,585

Interest receivable and similar income 11 11
240,286 223,596

Interest payable and similar expenses 8,971 9,148
PROFIT BEFORE TAXATION 231,315 214,448

Tax on profit 36,717 52,365
PROFIT FOR THE FINANCIAL YEAR 194,598 162,083

E & P CATERING BUTCHERS LIMITED (REGISTERED NUMBER: 03562600)

BALANCE SHEET
30TH JUNE 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 6 455,275 406,834

CURRENT ASSETS
Stocks 21,555 12,445
Debtors 7 442,698 391,875
Cash at bank and in hand 196,211 80,626
660,464 484,946
CREDITORS
Amounts falling due within one year 8 490,315 411,549
NET CURRENT ASSETS 170,149 73,397
TOTAL ASSETS LESS CURRENT
LIABILITIES

625,424

480,231

CREDITORS
Amounts falling due after more than one
year

9

(192,623

)

(158,424

)

PROVISIONS FOR LIABILITIES (48,882 ) (46,114 )
NET ASSETS 383,919 275,693

CAPITAL AND RESERVES
Called up share capital 104 104
Retained earnings 11 383,815 275,589
SHAREHOLDERS' FUNDS 383,919 275,693

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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.

E & P CATERING BUTCHERS LIMITED (REGISTERED NUMBER: 03562600)

BALANCE SHEET - continued
30TH JUNE 2017


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.

The financial statements were approved by the Board of Directors on 11th December 2017 and were signed on its behalf
by:




P Young - Director



E Curley - Director


E & P CATERING BUTCHERS LIMITED (REGISTERED NUMBER: 03562600)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2017

1. STATUTORY INFORMATION

E & P Catering 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 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - not provided
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 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.

E & P CATERING BUTCHERS LIMITED (REGISTERED NUMBER: 03562600)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2017

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element
of the future payments is treated as a liability.

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 monthly number of employees during the year was 31 (2016 - 31 ) .

4. OPERATING PROFIT

The operating profit is stated after charging:

2017 2016
£    £   
Depreciation - owned assets 40,079 23,731

5. DIVIDENDS

**ERROR - CONFLICTS FOUND BETWEEN POSTINGS AND SHARE REGISTER - PLEASE REVIEW
EXCEPTION REPORT (EXR).

2017 2016
£    £   
Ordinary shares of £1 each
Final 36,744 44,000
Ordinary A share of £1
Final 16,000 31,000
Ordinary B share of £1
Final 25,000 28,000
Ordinary C share of £1
Final - 3,000
Ordinary D share of £1
Final 8,628 13,632
86,372 119,632

E & P CATERING BUTCHERS LIMITED (REGISTERED NUMBER: 03562600)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2017

6. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1st July 2016 125,499 163,402 158,690
Additions - - 76,255
Disposals - - (16,500 )
At 30th June 2017 125,499 163,402 218,445
DEPRECIATION
At 1st July 2016 - - 105,340
Charge for year - - 35,148
Eliminated on disposal - - (6,600 )
At 30th June 2017 - - 133,888
NET BOOK VALUE
At 30th June 2017 125,499 163,402 84,557
At 30th June 2016 125,499 163,402 53,350

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1st July 2016 38,873 110,991 11,603 609,058
Additions 2,955 40,870 2,552 122,632
Disposals - - - (16,500 )
At 30th June 2017 41,828 151,861 14,155 715,190
DEPRECIATION
At 1st July 2016 34,533 55,017 7,334 202,224
Charge for year 3,062 24,212 1,869 64,291
Eliminated on disposal - - - (6,600 )
At 30th June 2017 37,595 79,229 9,203 259,915
NET BOOK VALUE
At 30th June 2017 4,233 72,632 4,952 455,275
At 30th June 2016 4,340 55,974 4,269 406,834

E & P CATERING BUTCHERS LIMITED (REGISTERED NUMBER: 03562600)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2017

6. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1st July 2016 110,991
Additions 40,871
At 30th June 2017 151,862
DEPRECIATION
At 1st July 2016 55,017
Charge for year 24,212
At 30th June 2017 79,229
NET BOOK VALUE
At 30th June 2017 72,633
At 30th June 2016 55,974

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 409,161 375,277
Other debtors - 450
VAT 29,238 13,847
Prepayments 4,299 2,301
442,698 391,875

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Bank loans and overdrafts 30,884 21,500
Hire purchase contracts 22,341 16,926
Trade creditors 353,715 292,015
Corporation tax 33,948 34,565
Social security and other taxes 12,063 10,370
Pensions 504 -
Other creditors 2,590 2,814
Directors' current accounts 20,113 23,694
Accrued expenses 14,157 9,665
490,315 411,549

E & P CATERING BUTCHERS LIMITED (REGISTERED NUMBER: 03562600)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2017

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2017 2016
£    £   
Bank loans - 1-2 years 142,887 124,713
Hire purchase contracts 49,736 33,711
192,623 158,424

10. SECURED DEBTS

The following secured debts are included within creditors:

2017 2016
£    £   
Bank loans 173,771 146,213

Lloyds Bank Plc holds fixed and floating charge dated 29th May 2013 over tangible and intangible assets of the
Company.

Lloyds Bank Plc holds fixed and floating charge dated 30th October 2013 over the property known as Barlow
House, Barlow Road, Aldermans Green Industrial Estate Coventry CV2 2LD registered at the Land Registry
under the title number WM527663.

11. RESERVES
Retained
earnings
£   

At 1st July 2016 275,589
Profit for the year 194,598
Dividends (86,372 )
At 30th June 2017 383,815

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The directors have signified that their director current accounts have always been kept in credit and they will not
charge any interest on the monies held in their director current accounts.

13. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr Curley (Director) and Mr Young (Director) who hold 100% of ordinary issued
share capital between them.