0 false false false false false false false false false false true false false false false false false No description of principal activity 2024-06-26 Sage Accounts Production Advanced 2023 - FRS102_2023 1,440,287 1,440,287 1,440,287 xbrli:pure xbrli:shares iso4217:GBP 15803623 2024-06-26 2024-12-31 15803623 2024-12-31 15803623 2024-06-25 15803623 bus:OrdinaryShareClass1 2024-06-26 2024-12-31 15803623 bus:OrdinaryShareClass2 2024-06-26 2024-12-31 15803623 bus:Director1 2024-06-26 2024-12-31 15803623 core:WithinOneYear 2024-12-31 15803623 core:LandBuildings core:OwnedOrFreeholdAssets 2024-06-26 2024-12-31 15803623 core:AfterOneYear 2024-12-31 15803623 core:ShareCapital 2024-12-31 15803623 core:RetainedEarningsAccumulatedLosses 2024-12-31 15803623 core:LandBuildings core:OwnedOrFreeholdAssets 2024-12-31 15803623 bus:SmallEntities 2024-06-26 2024-12-31 15803623 bus:AuditExemptWithAccountantsReport 2024-06-26 2024-12-31 15803623 bus:SmallCompaniesRegimeForAccounts 2024-06-26 2024-12-31 15803623 bus:PrivateLimitedCompanyLtd 2024-06-26 2024-12-31 15803623 bus:FullAccounts 2024-06-26 2024-12-31 15803623 bus:OrdinaryShareClass1 2024-12-31 15803623 bus:OrdinaryShareClass2 2024-12-31 15803623 bus:AllOrdinaryShares 2024-12-31
COMPANY REGISTRATION NUMBER: 15803623
Acacia Funeral Homes Limited
Filleted Unaudited Financial Statements
31 December 2024
Acacia Funeral Homes Limited
Statement of Financial Position
31 December 2024
31 Dec 24
Note
£
£
Fixed assets
Tangible assets
5
1,440,287
Current assets
Cash at bank and in hand
122,892
Creditors: amounts falling due within one year
6
503,493
---------
Net current liabilities
380,601
------------
Total assets less current liabilities
1,059,686
Creditors: amounts falling due after more than one year
7
1,079,849
------------
Net liabilities
( 20,163)
------------
Capital and reserves
Called up share capital
8
100
Profit and loss account
( 20,263)
--------
Shareholders deficit
( 20,163)
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Acacia Funeral Homes Limited
Statement of Financial Position (continued)
31 December 2024
These financial statements were approved by the board of directors and authorised for issue on 6 June 2025 , and are signed on behalf of the board by:
Mr P J King
Director
Company registration number: 15803623
Acacia Funeral Homes Limited
Notes to the Financial Statements
Period from 26 June 2024 to 31 December 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Causeway House, 37-39 The Causeway, Maldon, Essex, CM9 4LJ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The financial statements have been prepared on a going concern basis which is dependent on the continued support of the creditors. The directors have indicated their willingness to support the company for the foreseeable future.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 2 of which is the directors.
5. Tangible assets
Freehold property
£
Cost
At 26 June 2024
Additions
1,440,287
------------
At 31 December 2024
1,440,287
------------
Depreciation
At 26 June 2024 and 31 December 2024
------------
Carrying amount
At 31 December 2024
1,440,287
------------
The freehold investment properties have been valued by the director at open market value at 31 December 2024. The historical cost of the investment property is £1,440,287.
6. Creditors: amounts falling due within one year
31 Dec 24
£
Bank loans and overdrafts
29,872
Amounts owed to group undertakings
69,125
Accruals and deferred income
2,700
Director loan accounts
401,796
---------
503,493
---------
The loans are secured by a fixed and floating charge on all the property of the company. There is also a cross guarantee with a related party. Mr P J King has a personal guarantee on the loan.
7. Creditors: amounts falling due after more than one year
31 Dec 24
£
Bank loans and overdrafts
1,079,849
------------
The loans are secured by a fixed and floating charge on all the property of the company. There is also a cross guarantee with a related party. Mr P J King has a personal guarantee on the loan.
8. Called up share capital
Issued, called up and fully paid
31 Dec 24
No.
£
Ordinary A shares of £ 1 each
50
50
Ordinary B shares of £ 1 each
50
50
----
----
100
100
----
----
9. Related party transactions
During the period the company entered into the following transactions with related parties:
Transaction value
Balance owed by/(owed to)
31 Dec 24
31 Dec 24
£
£
Other related parties
26,800
( 69,125)
Director's loan account
( 401,796)
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---------