1 September 2023 v2025.41.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP097500582023-09-012024-08-31097500582024-08-31097500582023-08-3109750058core:WithinOneYear2024-08-3109750058core:WithinOneYear2023-08-3109750058core:ShareCapital2024-08-3109750058core:ShareCapital2023-08-3109750058core:RetainedEarningsAccumulatedLosses2024-08-3109750058core:RetainedEarningsAccumulatedLosses2023-08-3109750058bus:Director12023-09-012024-08-3109750058bus:RegisteredOffice2023-09-012024-08-3109750058core:PlantMachinery2023-09-012024-08-3109750058core:FurnitureFittings2023-09-012024-08-3109750058core:MotorVehicles2023-09-012024-08-3109750058core:OfficeEquipment2023-09-012024-08-31097500582022-09-012023-08-3109750058core:PlantMachinery2023-09-01097500582023-09-0109750058core:PlantMachinery2024-08-3109750058core:PlantMachinery2023-08-310975005812023-09-012024-08-3109750058countries:EnglandWales2023-09-012024-08-3109750058bus:AuditExemptWithAccountantsReport2023-09-012024-08-3109750058bus:PrivateLimitedCompanyLtd2023-09-012024-08-3109750058bus:SmallEntities2023-09-012024-08-3109750058bus:FullAccounts2023-09-012024-08-31
Company registration number:
09750058
William Mitchell Funerals Limited
Unaudited Filleted Financial Statements for the year ended
31 August 2024
William Mitchell Funerals Limited
Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements of William Mitchell Funerals Limited
Year ended
31 August 2024
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the
financial statements
of
William Mitchell Funerals Limited
for the year ended
31 August 2024
which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given me.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am subject to its ethical and other professional requirements which are detailed at icaew.com/​regulations.
This report is made solely to the Board of Directors of
William Mitchell Funerals Limited
, as a body, in accordance with the terms of my engagement letter dated 18 September 2019. My work has been undertaken solely to prepare for your approval the
financial statements
of
William Mitchell Funerals Limited
and state those matters that I have agreed to state to the Board of Directors of
William Mitchell Funerals Limited
, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than
William Mitchell Funerals Limited
and its Board of Directors, as a body, for my work or for this report.
It is your duty to ensure that
William Mitchell Funerals 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
William Mitchell Funerals Limited
. You consider that
William Mitchell Funerals Limited
is exempt from the statutory audit requirement for the year.
I have not been instructed to carry out an audit or a review of the financial statements of William Mitchell Funerals Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.
Gordon & Co
Chartered Accountants and Business Advisors
37A Anchor Road
Aldridge
Walsall
West Midlands
WS9 8PT
United Kingdom
Date:
22 May 2025
William Mitchell Funerals Limited
Statement of Financial Position
31 August 2024
20242023
Note££
Fixed assets    
Tangible assets 5
15,362
 
8,616
 
Current assets    
Debtors 6
24,458
 
26,403
 
Cash at bank and in hand
98,482
 
127,546
 
122,940
 
153,949
 
Creditors: amounts falling due within one year 7
(30,608
)
(41,443
)
Net current assets
92,332
 
112,506
 
Total assets less current liabilities 107,694   121,122  
Capital and reserves    
Called up share capital
2,000
 
2,000
 
Profit and loss account
105,694
 
119,122
 
Shareholders funds
107,694
 
121,122
 
For the year ending
31 August 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
22 May 2025
, and are signed on behalf of the board by:
Donna Ryan
Director
Company registration number:
09750058
William Mitchell Funerals Limited
Notes to the Financial Statements
Year ended
31 August 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
26 High Street
,
Aldridge
,
Walsall
,
West Midlands
,
WS9 8LZ
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and 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 assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Plant and machinery
25% reducing balance
Fixtures and fittings
25% reducing balance
Motor vehicles
25% reducing balance
Office equipment
25% reducing balance

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

4 Average number of employees

The average number of persons employed by the company during the year was
2
(2023:
2
).

5 Tangible assets

Land and buildingsPlant and machinery etc.Total
£££
Cost      
At
1 September 2023
-  
45,062
 
45,062
 
Additions -  
12,598
 
12,598
 
Disposals -  
(7,750
)
(7,750
)
At
31 August 2024
-  
49,910
 
49,910
 
Depreciation      
At
1 September 2023
-  
36,446
 
36,446
 
Charge -  
4,995
 
4,995
 
Disposals -  
(6,893
)
(6,893
)
At
31 August 2024
-  
34,548
 
34,548
 
Carrying amount      
At
31 August 2024
-  
15,362
 
15,362
 
At 31 August 2023 -  
8,616
 
8,616
 

6 Debtors

20242023
££
Trade debtors
24,458
 
26,403
 

7 Creditors: amounts falling due within one year

20242023
££
Trade creditors
5,169
 
4,831
 
Taxation and social security
4,885
 
17,232
 
Other creditors
20,554
 
19,380
 
30,608
 
41,443