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REGISTERED NUMBER: 06952861 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

VICTORIA ALLEN FUNERAL SERVICES LIMITED

VICTORIA ALLEN FUNERAL SERVICES LIMITED (REGISTERED NUMBER: 06952861)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

VICTORIA ALLEN FUNERAL SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Ms V L Allen
Ms J Milden
T J Milden





REGISTERED OFFICE: Number 5
The Business Quarter
Eco Park Road
Ludlow
Shropshire
SY8 1FD





REGISTERED NUMBER: 06952861 (England and Wales)





ACCOUNTANTS: D.R.E. & Co. Limited
Chartered Accountants
Number 5
The Business Quarter
Eco Park Road
Ludlow
Shropshire
SY8 1FD

VICTORIA ALLEN FUNERAL SERVICES LIMITED (REGISTERED NUMBER: 06952861)

BALANCE SHEET
30 JUNE 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 99,839 99,958
99,839 99,958

CURRENT ASSETS
Stocks 7 2,380 2,095
Debtors 8 149,118 114,592
Cash at bank and in hand 440,458 483,471
591,956 600,158
CREDITORS
Amounts falling due within one year 9 52,638 62,934
NET CURRENT ASSETS 539,318 537,224
TOTAL ASSETS LESS CURRENT
LIABILITIES

639,157

637,182

CREDITORS
Amounts falling due after more than one
year

10

(8,244

)

(11,178

)

PROVISIONS FOR LIABILITIES (938 ) (2,660 )
NET ASSETS 629,975 623,344

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 629,875 623,244
SHAREHOLDERS' FUNDS 629,975 623,344

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

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

VICTORIA ALLEN FUNERAL SERVICES LIMITED (REGISTERED NUMBER: 06952861)

BALANCE SHEET - continued
30 JUNE 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 Board of Directors and authorised for issue on 23 October 2024 and were signed on its behalf by:





Ms V L Allen - Director


VICTORIA ALLEN FUNERAL SERVICES LIMITED (REGISTERED NUMBER: 06952861)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Victoria Allen Funeral Services 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention. The accounts have been prepared on a going concern basis.

The financial statements are presented in Sterling (£) rounded to the nearest £1.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance and 25% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments.
Basic financial assets, including trade and other receivables and cash and bank balances, are initially recognised at transaction price and subsequently carried at amortised cost with an assessment for objective evidence of impairment. Any impairment is recognised in profit and loss.
Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards or control of the ownership of the asset are transferred to another party.

Basic financial liabilities including trade and other creditors are initially recognised at transaction price and subsequently carried at amortised cost.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.


VICTORIA ALLEN FUNERAL SERVICES LIMITED (REGISTERED NUMBER: 06952861)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

3. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 16 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 60,000
AMORTISATION
At 1 July 2023
and 30 June 2024 60,000
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

VICTORIA ALLEN FUNERAL SERVICES LIMITED (REGISTERED NUMBER: 06952861)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

6. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 July 2023 69,408 39,001 8,660
Additions - 1,325 469
Disposals - - -
At 30 June 2024 69,408 40,326 9,129
DEPRECIATION
At 1 July 2023 - 32,268 4,418
Charge for year - 1,612 1,178
Eliminated on disposal - - -
At 30 June 2024 - 33,880 5,596
NET BOOK VALUE
At 30 June 2024 69,408 6,446 3,533
At 30 June 2023 69,408 6,733 4,242

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 July 2023 59,258 1,784 178,111
Additions 10,699 - 12,493
Disposals (27,170 ) - (27,170 )
At 30 June 2024 42,787 1,784 163,434
DEPRECIATION
At 1 July 2023 39,690 1,777 78,153
Charge for year 9,815 7 12,612
Eliminated on disposal (27,170 ) - (27,170 )
At 30 June 2024 22,335 1,784 63,595
NET BOOK VALUE
At 30 June 2024 20,452 - 99,839
At 30 June 2023 19,568 7 99,958

7. STOCKS
30.6.24 30.6.23
£    £   
Stocks 2,380 2,095

VICTORIA ALLEN FUNERAL SERVICES LIMITED (REGISTERED NUMBER: 06952861)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 144,715 103,052
Other debtors - 7,761
Prepayments 4,403 3,779
149,118 114,592

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Hire purchase contracts 2,933 2,442
Prepaid funeral account - 9,743
Tax 24,878 30,807
Social security and other taxes 2,253 1,831
Directors' current accounts 18,691 13,776
Accrued expenses 3,883 4,335
52,638 62,934

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Hire purchase contracts 8,244 11,178

11. OTHER FINANCIAL COMMITMENTS

The company had financial commitments at the year end totalling £3,156 (2023: £4,735)

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
VICTORIA ALLEN FUNERAL SERVICES LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Victoria Allen Funeral Services Limited for the year ended 30 June 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Victoria Allen Funeral Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Victoria Allen Funeral Services Limited and state those matters that we have agreed to state to the Board of Directors of Victoria Allen Funeral Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Victoria Allen Funeral Services Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Victoria Allen Funeral Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Victoria Allen Funeral Services Limited. You consider that Victoria Allen Funeral Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Victoria Allen Funeral Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






D.R.E. & Co. Limited
Chartered Accountants
Number 5
The Business Quarter
Eco Park Road
Ludlow
Shropshire
SY8 1FD


25 October 2024