IRIS Accounts Production v24.3.2.46 09674198 Board of Directors Board of Directors Board of Directors 1.8.23 31.7.24 31.7.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh096741982023-07-31096741982024-07-31096741982023-08-012024-07-31096741982022-07-31096741982022-08-012023-07-31096741982023-07-3109674198ns15:EnglandWales2023-08-012024-07-3109674198ns14:PoundSterling2023-08-012024-07-3109674198ns10:Director12023-08-012024-07-3109674198ns10:Director22023-08-012024-07-3109674198ns10:Director32023-08-012024-07-3109674198ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3109674198ns10:SmallEntities2023-08-012024-07-3109674198ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3109674198ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3109674198ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3109674198ns10:FullAccounts2023-08-012024-07-310967419812023-08-012024-07-3109674198ns10:RegisteredOffice2023-08-012024-07-3109674198ns5:CurrentFinancialInstruments2024-07-3109674198ns5:CurrentFinancialInstruments2023-07-3109674198ns5:Non-currentFinancialInstruments2024-07-3109674198ns5:Non-currentFinancialInstruments2023-07-3109674198ns5:ShareCapital2024-07-3109674198ns5:ShareCapital2023-07-3109674198ns5:RetainedEarningsAccumulatedLosses2024-07-3109674198ns5:RetainedEarningsAccumulatedLosses2023-07-3109674198ns5:NetGoodwill2023-08-012024-07-3109674198ns5:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3109674198ns5:PlantMachinery2023-08-012024-07-3109674198ns5:NetGoodwill2023-07-3109674198ns5:NetGoodwill2024-07-3109674198ns5:NetGoodwill2023-07-3109674198ns5:PlantMachinery2023-07-3109674198ns5:PlantMachinery2024-07-3109674198ns5:PlantMachinery2023-07-3109674198ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3109674198ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-3109674198ns5:DeferredTaxation2023-07-3109674198ns5:DeferredTaxation2023-08-012024-07-3109674198ns5:DeferredTaxation2024-07-31
REGISTERED NUMBER: 09674198 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

WHITBY'S MEMORIALS LIMITED

WHITBY'S MEMORIALS LIMITED (REGISTERED NUMBER: 09674198)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


WHITBY'S MEMORIALS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: J A Hulme
J W Hulme
N F Hulme





REGISTERED OFFICE: 144 - 154 Hurdsfield Road
Macclesfield
Cheshire
SK10 2PY





REGISTERED NUMBER: 09674198 (England and Wales)





ACCOUNTANTS: Allens Accountants Limited
Chartered Accountants
123 Wellington Road South
Stockport
Cheshire
SK1 3TH

WHITBY'S MEMORIALS LIMITED (REGISTERED NUMBER: 09674198)

BALANCE SHEET
31 JULY 2024

31/7/24 31/7/23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 78,679 97,090
Tangible assets 5 143,488 125,303
222,167 222,393

CURRENT ASSETS
Stocks 171,334 146,435
Debtors 6 118,873 36,917
Cash at bank and in hand 75,151 110,029
365,358 293,381
CREDITORS
Amounts falling due within one year 7 235,473 211,630
NET CURRENT ASSETS 129,885 81,751
TOTAL ASSETS LESS CURRENT
LIABILITIES

352,052

304,144

CREDITORS
Amounts falling due after more than one
year

8

(133,500

)

(132,503

)

PROVISIONS FOR LIABILITIES 9 (24,610 ) (19,313 )
NET ASSETS 193,942 152,328

CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Retained earnings 192,942 151,328
SHAREHOLDERS' FUNDS 193,942 152,328

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

WHITBY'S MEMORIALS LIMITED (REGISTERED NUMBER: 09674198)

BALANCE SHEET - continued
31 JULY 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 by the Board of Directors and authorised for issue on 9 January 2025 and were signed on its behalf by:




J A Hulme - Director N F Hulme - Director




J W Hulme - Director


WHITBY'S MEMORIALS LIMITED (REGISTERED NUMBER: 09674198)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Whitby's Memorials 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 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 represents net sales of goods,excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015 & 2020, are both being amortised evenly over their estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 25% on cost, 20% on reducing balance and 15% 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.

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.

WHITBY'S MEMORIALS LIMITED (REGISTERED NUMBER: 09674198)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

2. ACCOUNTING POLICIES - continued

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 12 (2023 - 13 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 184,110
AMORTISATION
At 1 August 2023 87,020
Charge for year 18,411
At 31 July 2024 105,431
NET BOOK VALUE
At 31 July 2024 78,679
At 31 July 2023 97,090

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 185,453
Additions 88,601
Disposals (49,995 )
At 31 July 2024 224,059
DEPRECIATION
At 1 August 2023 60,150
Charge for year 33,180
Eliminated on disposal (12,759 )
At 31 July 2024 80,571
NET BOOK VALUE
At 31 July 2024 143,488
At 31 July 2023 125,303

WHITBY'S MEMORIALS LIMITED (REGISTERED NUMBER: 09674198)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/24 31/7/23
£    £   
Trade debtors 28,455 26,352
Other debtors 90,418 10,565
118,873 36,917

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/24 31/7/23
£    £   
Trade creditors 23,477 9,090
Taxation and social security 75,798 84,575
Other creditors 136,198 117,965
235,473 211,630

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/7/24 31/7/23
£    £   
Other creditors 133,500 132,503

9. PROVISIONS FOR LIABILITIES
31/7/24 31/7/23
£    £   
Deferred tax 24,610 19,313

Deferred
tax
£   
Balance at 1 August 2023 19,313
Charge to Statement of Income and Retained Earnings during year 5,297
Balance at 31 July 2024 24,610

Deferred tax arises as a result of accelerated capital allowances on fixed assets.

10. CALLED UP SHARE CAPITAL

Allotted,issued and fully paid;
Number: Class Nominal 31/7/23 31/7/22
value: £    £   
640 Ordinary A shares £1 640 640
100 Ordinary B shares £1 100 100
100 Ordinary C shares £1 100 100
40 Ordinary D shares £1 40 40
40 Ordinary E shares £1 40 40
40 Ordinary F shares £1 40 40
40 Ordinary G shares £1 40 40
1,000 1,000