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REGISTERED NUMBER: 10915247 (England and Wales)















Luke Allum Funeral Directors Limited

Unaudited Financial Statements for the Year Ended 31 March 2024






Luke Allum Funeral Directors Limited (Registered number: 10915247)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Luke Allum Funeral Directors Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: L Allum





REGISTERED OFFICE: 8 Broadway
Sheerness
Kent
ME12 1AF





REGISTERED NUMBER: 10915247 (England and Wales)





ACCOUNTANTS: Aggarwal & Co Limited
Chartered Accountants
5 London Road
Rainham
Gillingham
Kent
ME8 7RG

Luke Allum Funeral Directors Limited (Registered number: 10915247)

Statement of Financial Position
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,368 11,577

CURRENT ASSETS
Inventories 26,770 18,830
Debtors 5 41,158 20,519
Cash at bank and in hand 40,238 43,985
108,166 83,334
CREDITORS
Amounts falling due within one year 6 54,072 59,563
NET CURRENT ASSETS 54,094 23,771
TOTAL ASSETS LESS CURRENT LIABILITIES 84,462 35,348

CREDITORS
Amounts falling due after more than one
year

7

(30,205

)

(10,858

)

PROVISIONS FOR LIABILITIES (5,770 ) (2,200 )
NET ASSETS 48,487 22,290

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 48,387 22,190
SHAREHOLDERS' FUNDS 48,487 22,290

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Luke Allum Funeral Directors Limited (Registered number: 10915247)

Statement of Financial Position - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 August 2024 and were signed by:





L Allum - Director


Luke Allum Funeral Directors Limited (Registered number: 10915247)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Luke Allum Funeral Directors 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income recognition
Income represents the fair value of consideration received or receivable derived from the provision of goods and services to customers during the year (excluding value added tax) and is recognised when the company becomes entitled to it, usually on the rendering of an invoice.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 25% on reducing balance

Financial instruments
The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial instruments are recognised at amortised cost, with changes recognised in profit or loss.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Luke Allum Funeral Directors Limited (Registered number: 10915247)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 42,046
Additions 28,000
At 31 March 2024 70,046
DEPRECIATION
At 1 April 2023 30,469
Charge for year 9,209
At 31 March 2024 39,678
NET BOOK VALUE
At 31 March 2024 30,368
At 31 March 2023 11,577

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 39,921 18,978
Other debtors 1,237 1,541
41,158 20,519

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,016 5,324
Trade creditors 775 5,754
Taxation and social security 3,599 217
Other creditors 47,682 48,268
54,072 59,563

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 11,205 10,858
Other creditors 19,000 -
30,205 10,858

Luke Allum Funeral Directors Limited (Registered number: 10915247)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans over 5 years 2,619 -