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REGISTERED NUMBER: 01871332 (England and Wales)

















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Philip Blatchly & Son
(Monumental Masons) Limited

Philip Blatchly & Son
(Monumental Masons) Limited (Registered number: 01871332)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Philip Blatchly & Son
(Monumental Masons) Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: P Blatchly
E G V Blatchly
P R Blatchly





SECRETARY: E G V Blatchly





REGISTERED OFFICE: Highcroft House
Woolaston
Lydney
Gloucestershire
GL15 6PN





REGISTERED NUMBER: 01871332 (England and Wales)





ACCOUNTANTS: Guilfoyle Sage LLP
21 Gold Tops
Newport
South Wales
NP20 4PG

Philip Blatchly & Son
(Monumental Masons) Limited (Registered number: 01871332)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 193,585 193,684

CURRENT ASSETS
Stocks 32,272 29,915
Debtors 5 89,429 62,663
Cash at bank 313,223 302,428
434,924 395,006
CREDITORS
Amounts falling due within one year 6 33,271 27,518
NET CURRENT ASSETS 401,653 367,488
TOTAL ASSETS LESS CURRENT
LIABILITIES

595,238

561,172

PROVISIONS FOR LIABILITIES 7 2,651 1,725
NET ASSETS 592,587 559,447

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 592,585 559,445
SHAREHOLDERS' FUNDS 592,587 559,447

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 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.

Philip Blatchly & Son
(Monumental Masons) Limited (Registered number: 01871332)

Balance Sheet - 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 15 October 2024 and were signed on its behalf by:




P Blatchly - Director



P R Blatchly - Director


Philip Blatchly & Son
(Monumental Masons) Limited (Registered number: 01871332)

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

1. STATUTORY INFORMATION

Philip Blatchly & Son (Monumental Masons) 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.

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.
Freehold property - 2% on cost
Short leasehold - 2% on cost
Plant and machinery - 15% on reducing balance
Motor vehicles - 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 Statement of Income and Retained Earnings, 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.


Philip Blatchly & Son
(Monumental Masons) Limited (Registered number: 01871332)

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

2. ACCOUNTING POLICIES - continued
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.

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 4 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Freehold Short Plant and
property leasehold machinery
£    £    £   
COST
At 1 April 2023 145,530 81,344 52,742
Additions - - 3,457
At 31 March 2024 145,530 81,344 56,199
DEPRECIATION
At 1 April 2023 - 42,269 45,465
Charge for year - 1,627 1,611
At 31 March 2024 - 43,896 47,076
NET BOOK VALUE
At 31 March 2024 145,530 37,448 9,123
At 31 March 2023 145,530 39,075 7,277

Philip Blatchly & Son
(Monumental Masons) Limited (Registered number: 01871332)

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

4. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 April 2023 12,679 26,995 319,290
Additions - - 3,457
At 31 March 2024 12,679 26,995 322,747
DEPRECIATION
At 1 April 2023 10,877 26,995 125,606
Charge for year 318 - 3,556
At 31 March 2024 11,195 26,995 129,162
NET BOOK VALUE
At 31 March 2024 1,484 - 193,585
At 31 March 2023 1,802 - 193,684

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 33,800 17,134
Philip Blatchly & Son (Funeral
Directors) Ltd

55,629

45,529
89,429 62,663

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 204 -
Tax 13,142 14,255
VAT 5,323 2,486
Directors' current accounts 7,101 7,101
Accrued expenses 7,501 3,676
33,271 27,518

7. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax 2,651 1,725

Philip Blatchly & Son
(Monumental Masons) Limited (Registered number: 01871332)

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

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2023 1,725
Provided during year 926
Balance at 31 March 2024 2,651