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REGISTERED NUMBER: 08906218 (England and Wales)















John Weir Funeral Directors Limited

Unaudited Financial Statements for the Year Ended 31 May 2024






John Weir Funeral Directors Limited (Registered number: 08906218)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


John Weir Funeral Directors Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: J C H Weir
Mrs B F Weir





REGISTERED OFFICE: 130-132 High Street
Rainham
Gillingham
Kent
ME8 8AR





REGISTERED NUMBER: 08906218 (England and Wales)





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

John Weir Funeral Directors Limited (Registered number: 08906218)

Statement of Financial Position
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 243,204 350,245

CURRENT ASSETS
Inventories 17,190 10,856
Debtors 5 137,859 124,287
Cash at bank 2,319,081 2,004,282
2,474,130 2,139,425
CREDITORS
Amounts falling due within one year 6 546,714 458,491
NET CURRENT ASSETS 1,927,416 1,680,934
TOTAL ASSETS LESS CURRENT LIABILITIES 2,170,620 2,031,179

PROVISIONS FOR LIABILITIES 14,119 27,662
NET ASSETS 2,156,501 2,003,517

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 2,156,499 2,003,515
SHAREHOLDERS' FUNDS 2,156,501 2,003,517

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

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

John Weir Funeral Directors Limited (Registered number: 08906218)

Statement of Financial Position - continued
31 May 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 12 February 2025 and were signed on its behalf by:





J C H Weir - Director


John Weir Funeral Directors Limited (Registered number: 08906218)

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

1. STATUTORY INFORMATION

John Weir 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
Turnover represents the net invoiced value of funeral services, excluding value added tax.

The company pays certain disbursements (such as crematoria fees, notices, ministers' and doctors' fees) on behalf of it's clients. These amounts are recovered as part of the invoicing process. However, these amounts are not included within turnover as they are simply passed on at cost.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost, 25% on cost and 15% on cost

Inventories
Inventories 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 enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans to and from banks, other third parties and 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 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 tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted by the statement of financial position date.

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 that have been enacted by the year end.

John Weir Funeral Directors Limited (Registered number: 08906218)

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

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.

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 24 (2023 - 21 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 817,711
Additions 1,231
Disposals (8,636 )
At 31 May 2024 810,306
DEPRECIATION
At 1 June 2023 467,466
Charge for year 108,272
Eliminated on disposal (8,636 )
At 31 May 2024 567,102
NET BOOK VALUE
At 31 May 2024 243,204
At 31 May 2023 350,245

John Weir Funeral Directors Limited (Registered number: 08906218)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 June 2023 408,270
Transfer to ownership (408,270 )
At 31 May 2024 -
DEPRECIATION
At 1 June 2023 306,203
Transfer to ownership (306,203 )
At 31 May 2024 -
NET BOOK VALUE
At 31 May 2024 -
At 31 May 2023 102,067

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 56,030 53,862
Other debtors 81,829 70,425
137,859 124,287

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 7,192
Trade creditors 49,549 44,029
Taxation and social security 176,929 121,042
Other creditors 320,236 286,228
546,714 458,491

John Weir Funeral Directors Limited (Registered number: 08906218)

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

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2024 and 31 May 2023:

2024 2023
£    £   
J C H Weir and Mrs B F Weir
Balance outstanding at start of year - -
Amounts advanced 63,294 129,326
Amounts repaid (63,294 ) (129,326 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

8. RELATED PARTY DISCLOSURES

The company operates from premises owned by the directors. They are occupied rent free and on an informal basis.