IRIS Accounts Production v25.1.3.33 00910197 Board of Directors Board of Directors Board of Directors 30.9.23 29.9.24 29.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh009101972023-09-29009101972024-09-29009101972023-09-302024-09-29009101972022-09-29009101972022-09-302023-09-29009101972023-09-2900910197ns15:EnglandWales2023-09-302024-09-2900910197ns14:PoundSterling2023-09-302024-09-2900910197ns10:Director12023-09-302024-09-2900910197ns10:Director22023-09-302024-09-2900910197ns10:Director32023-09-302024-09-2900910197ns10:PrivateLimitedCompanyLtd2023-09-302024-09-2900910197ns10:SmallEntities2023-09-302024-09-2900910197ns10:AuditExempt-NoAccountantsReport2023-09-302024-09-2900910197ns10:SmallCompaniesRegimeForDirectorsReport2023-09-302024-09-2900910197ns10:SmallCompaniesRegimeForAccounts2023-09-302024-09-2900910197ns10:FullAccounts2023-09-302024-09-2900910197ns10:RegisteredOffice2023-09-302024-09-2900910197ns5:CurrentFinancialInstruments2024-09-2900910197ns5:CurrentFinancialInstruments2023-09-2900910197ns5:ShareCapital2024-09-2900910197ns5:ShareCapital2023-09-2900910197ns5:CapitalRedemptionReserve2024-09-2900910197ns5:CapitalRedemptionReserve2023-09-2900910197ns5:RetainedEarningsAccumulatedLosses2024-09-2900910197ns5:RetainedEarningsAccumulatedLosses2023-09-2900910197ns5:PlantMachinery2023-09-2900910197ns5:MotorVehicles2023-09-2900910197ns5:ComputerEquipment2023-09-2900910197ns5:PlantMachinery2023-09-302024-09-2900910197ns5:MotorVehicles2023-09-302024-09-2900910197ns5:ComputerEquipment2023-09-302024-09-2900910197ns5:PlantMachinery2024-09-2900910197ns5:MotorVehicles2024-09-2900910197ns5:ComputerEquipment2024-09-2900910197ns5:PlantMachinery2023-09-2900910197ns5:MotorVehicles2023-09-2900910197ns5:ComputerEquipment2023-09-2900910197ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-2900910197ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-29009101971ns10:Director12023-09-29009101971ns10:Director12022-09-29009101971ns10:Director12023-09-302024-09-29009101971ns10:Director12022-09-302023-09-29009101971ns10:Director12024-09-29009101971ns10:Director12023-09-2900910197ns10:Director222023-09-2900910197ns10:Director222022-09-2900910197ns10:Director222023-09-302024-09-2900910197ns10:Director222022-09-302023-09-2900910197ns10:Director222024-09-2900910197ns10:Director222023-09-29009101973ns10:Director32023-09-29009101973ns10:Director32022-09-29009101973ns10:Director32023-09-302024-09-29009101973ns10:Director32022-09-302023-09-29009101973ns10:Director32024-09-29009101973ns10:Director32023-09-29
REGISTERED NUMBER: 00910197 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 SEPTEMBER 2024

FOR

A.J. SELLMAN LIMITED

A.J. SELLMAN LIMITED (REGISTERED NUMBER: 00910197)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 SEPTEMBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


A.J. SELLMAN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 SEPTEMBER 2024







DIRECTORS: G S Poole
R J Poole
E G Poole



REGISTERED OFFICE: 70 Church Street
Cannock
Staffordshire
WS11 1DH



REGISTERED NUMBER: 00910197 (England and Wales)



ACCOUNTANTS: Howards Limited
Chartered Certified Accountants
Newport House
Newport Road
Stafford
Staffordshire
ST16 1DA



SOLICITORS: Pickering & Butters Solicitors
19 Greengate Street
Stafford
ST16 2LU

A.J. SELLMAN LIMITED (REGISTERED NUMBER: 00910197)

STATEMENT OF FINANCIAL POSITION
29 SEPTEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 90,151 79,319

CURRENT ASSETS
Stocks 10,576 10,576
Debtors 6 75,958 87,227
Prepayments and accrued income 18,937 19,089
Cash at bank and in hand 1,082,845 885,603
1,188,316 1,002,495
CREDITORS
Amounts falling due within one year 7 (226,860 ) (132,026 )
NET CURRENT ASSETS 961,456 870,469
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,051,607

949,788

PROVISIONS FOR LIABILITIES (31,211 ) (27,048 )

ACCRUALS AND DEFERRED INCOME (7,006 ) (5,956 )
NET ASSETS 1,013,390 916,784

CAPITAL AND RESERVES
Called up share capital 110 110
Capital redemption reserve 45 45
Retained earnings 1,013,235 916,629
SHAREHOLDERS' FUNDS 1,013,390 916,784

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 September 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.

A.J. SELLMAN LIMITED (REGISTERED NUMBER: 00910197)

STATEMENT OF FINANCIAL POSITION - continued
29 SEPTEMBER 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 2 June 2025 and were signed on its behalf by:




G S Poole - Director R J Poole - Director




E G Poole - Director


A.J. SELLMAN LIMITED (REGISTERED NUMBER: 00910197)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 SEPTEMBER 2024

1. STATUTORY INFORMATION

AJ Sellman Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number is 00910197 and the registered office address is 70 Church Street, Cannock, Staffordshire, WS11 1DH.

The principal activity of the company is a funeral directors.

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.

Functional currency
The financial statements are prepared in pound sterling (£) which is the functional currency of the company.

Preparation of consolidated financial statements
The financial statements contain information about A.J. Sellman Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates
In determining and applying accounting policies, judgement is often required in respect of items where the choice of specific policy, accounting estimate or assumption to be followed could materially affect the reported results or net asset position of the company; it may later be determined that a different choice would have been more appropriate. Management considers that certain accounting estimates and assumptions relating to revenue, taxation, tangible fixed assets, provisions and contingent liabilities, accruals and impairment are its critical accounting estimates.

Turnover
Turnover consists of invoiced and pre arranged funeral services. Turnover is recognised upon completion of the service, or receipt of the monies, whichever is earlier.

Tangible fixed assets
Plant and machinery, fixtures and fittings, motor vehicles and computer equipment are carried at cost less accumulated depreciation and accumulated impairment losses.

Depreciation on assets is calculated so as to write off the cost or valuation of an asset, less its residual value, over their estimated useful lives as follows:

Plant and machinery - 12.5% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 33% reducing balance

On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in profit or loss, and included in other operating income.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost is calculated on a FIFO basis.

A.J. SELLMAN LIMITED (REGISTERED NUMBER: 00910197)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 SEPTEMBER 2024

3. ACCOUNTING POLICIES - continued

Financial instruments
The company only enters into basic financial instruments transactions 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, loans to related parties and investments in non-puttable ordinary shares
.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.

Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

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.

A.J. SELLMAN LIMITED (REGISTERED NUMBER: 00910197)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 SEPTEMBER 2024

3. ACCOUNTING POLICIES - continued

Impairment of non-financial assets
At each reporting date non-financial assets not carried at fair value, like plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets, which is the higher of value in use and the fair value less cost to sell, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit or loss.

Inventories are also assessed for impairment at each reporting date. The carrying amount of each item of inventory, or group of similar items, is compared with its selling price less costs to complete and sell. If an item of inventory or group of similar items is impaired, its carrying amount is reduced to selling price less costs to complete and sell, and an impairment loss is recognised immediately in profit or loss.

If an impairment loss is subsequently reversed, the carrying amount of the asset or group of related assets is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset or group of related assets in prior periods. A reversal of an impairment loss is recognised immediately in profit or loss.

Going concern
In common with most other businesses we are operating in uncertain times as a result of the Coronavirus and the impact that it has had an all businesses large and small. Due to the nature of the income the business has not been adversely affected by the pandemic and the directors continue to prepare the accounts on the going concern basis.

Provisions
Provisions are recognised when the company has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle the obligation and the amount of the obligation can be reliably estimated.

Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2023 - 18 ) .

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 30 September 2023 65,231 261,115 8,464 334,810
Additions - 34,550 - 34,550
At 29 September 2024 65,231 295,665 8,464 369,360
DEPRECIATION
At 30 September 2023 44,075 203,630 7,786 255,491
Charge for year 2,644 20,850 224 23,718
At 29 September 2024 46,719 224,480 8,010 279,209
NET BOOK VALUE
At 29 September 2024 18,512 71,185 454 90,151
At 29 September 2023 21,156 57,485 678 79,319

A.J. SELLMAN LIMITED (REGISTERED NUMBER: 00910197)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 SEPTEMBER 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 56,565 67,834
Other debtors 19,393 19,393
75,958 87,227

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 78,088 40,868
Taxation and social security 148,772 91,158
226,860 132,026

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 29 September 2024 and 29 September 2023:

2024 2023
£    £   
G S Poole
Balance outstanding at start of year 7,506 (2 )
Amounts advanced - 7,508
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 7,506 7,506

R J Poole
Balance outstanding at start of year 4,585 (1 )
Amounts advanced - 4,586
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,585 4,585

E G Poole
Balance outstanding at start of year 7,301 -
Amounts advanced - 7,301
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 7,301 7,301

9. ULTIMATE CONTROLLING PARTY

The controlling party is Poole Holdings Limited.