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REGISTERED NUMBER: 03562600 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2018

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 2018




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 2018







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 2018

2018 2017
Notes £    £   

TURNOVER 4,225,051 4,050,304

Cost of sales 3,063,048 2,829,842
GROSS PROFIT 1,162,003 1,220,462

Administrative expenses 1,107,989 982,083
54,014 238,379

Other operating income - 1,896
OPERATING PROFIT 4 54,014 240,275

Interest receivable and similar income 3 11
54,017 240,286

Interest payable and similar expenses 9,824 8,971
PROFIT BEFORE TAXATION 44,193 231,315

Tax on profit 5,764 36,717
PROFIT FOR THE FINANCIAL YEAR 38,429 194,598

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

BALANCE SHEET
30TH JUNE 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 6 436,167 455,275

CURRENT ASSETS
Stocks 44,000 21,555
Debtors 7 536,200 442,698
Cash at bank and in hand 49,800 196,211
630,000 660,464
CREDITORS
Amounts falling due within one year 8 574,752 490,315
NET CURRENT ASSETS 55,248 170,149
TOTAL ASSETS LESS CURRENT
LIABILITIES

491,415

625,424

CREDITORS
Amounts falling due after more than one
year

9

(133,124

)

(192,623

)

PROVISIONS FOR LIABILITIES (42,943 ) (48,882 )
NET ASSETS 315,348 383,919

CAPITAL AND RESERVES
Called up share capital 104 104
Retained earnings 11 315,244 383,815
SHAREHOLDERS' FUNDS 315,348 383,919

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2018.

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

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

BALANCE SHEET - continued
30TH JUNE 2018


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 18th October 2018 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 2018

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 2018

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 number of employees during the year was 30 (2017 - 31 ) .

4. OPERATING PROFIT

The operating profit is stated after charging:

2018 2017
£    £   
Depreciation - owned assets 57,888 40,079

5. DIVIDENDS

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

2018 2017
£    £   
Ordinary shares of £1 each
Final 32,000 36,744
Ordinary A share of £1
Final 31,500 16,000
Ordinary B share of £1
Final 30,000 25,000
Ordinary D share of £1
Final 13,500 8,628
107,000 86,372

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

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2018

6. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1st July 2017 125,499 163,402 218,445
Additions - - 35,285
At 30th June 2018 125,499 163,402 253,730
DEPRECIATION
At 1st July 2017 - - 133,888
Charge for year - - 34,842
At 30th June 2018 - - 168,730
NET BOOK VALUE
At 30th June 2018 125,499 163,402 85,000
At 30th June 2017 125,499 163,402 84,557

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1st July 2017 41,828 151,861 14,155 715,190
Additions 686 - 2,809 38,780
At 30th June 2018 42,514 151,861 16,964 753,970
DEPRECIATION
At 1st July 2017 37,595 79,229 9,203 259,915
Charge for year 2,597 18,159 2,290 57,888
At 30th June 2018 40,192 97,388 11,493 317,803
NET BOOK VALUE
At 30th June 2018 2,322 54,473 5,471 436,167
At 30th June 2017 4,233 72,632 4,952 455,275

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

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2018

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 2017
and 30th June 2018 151,862
DEPRECIATION
At 1st July 2017
and 30th June 2018 79,229
NET BOOK VALUE
At 30th June 2018 72,633
At 30th June 2017 72,633

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 514,027 409,161
VAT 18,431 29,238
Prepayments 3,742 4,299
536,200 442,698

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Bank loans and overdrafts 25,034 30,884
Hire purchase contracts 21,588 22,341
Trade creditors 449,943 353,715
Corporation tax 11,703 33,948
Social security and other taxes 16,399 12,063
Pensions 1,998 504
Other creditors 4,106 2,590
Directors' current accounts 29,132 20,113
Accrued expenses 14,849 14,157
574,752 490,315

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2018 2017
£    £   
Bank loans - 1-2 years 104,974 142,887
Hire purchase contracts 28,150 49,736
133,124 192,623

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

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2018

10. SECURED DEBTS

The following secured debts are included within creditors:

2018 2017
£    £   
Bank loans 130,008 173,771

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 2017 383,815
Profit for the year 38,429
Dividends (107,000 )
At 30th June 2018 315,244

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.