Silverfin false false 31/03/2025 01/04/2024 31/03/2025 Mr D M Loram 04/06/2009 Mr S W Loram 04/06/2009 12 August 2025 The principal activity of the Company is the sale of urns and memorials. 06924127 2025-03-31 06924127 bus:Director1 2025-03-31 06924127 bus:Director2 2025-03-31 06924127 2024-03-31 06924127 core:CurrentFinancialInstruments 2025-03-31 06924127 core:CurrentFinancialInstruments 2024-03-31 06924127 core:ShareCapital 2025-03-31 06924127 core:ShareCapital 2024-03-31 06924127 core:RetainedEarningsAccumulatedLosses 2025-03-31 06924127 core:RetainedEarningsAccumulatedLosses 2024-03-31 06924127 bus:OrdinaryShareClass1 2025-03-31 06924127 2024-04-01 2025-03-31 06924127 bus:FilletedAccounts 2024-04-01 2025-03-31 06924127 bus:SmallEntities 2024-04-01 2025-03-31 06924127 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 06924127 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06924127 bus:Director1 2024-04-01 2025-03-31 06924127 bus:Director2 2024-04-01 2025-03-31 06924127 2023-04-01 2024-03-31 06924127 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 06924127 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 06924127 (England and Wales)

ELEMENTS URNS AND MEMORIALS LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

ELEMENTS URNS AND MEMORIALS LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

ELEMENTS URNS AND MEMORIALS LIMITED

BALANCE SHEET

As at 31 March 2025
ELEMENTS URNS AND MEMORIALS LIMITED

BALANCE SHEET (continued)

As at 31 March 2025
Note 2025 2024
£ £
Current assets
Stocks 18,749 15,886
Debtors 3 4,521 2,324
Cash at bank and in hand 28,497 31,161
51,767 49,371
Creditors: amounts falling due within one year 4 ( 12,398) ( 20,757)
Net current assets 39,369 28,614
Total assets less current liabilities 39,369 28,614
Net assets 39,369 28,614
Capital and reserves
Called-up share capital 5 100 100
Profit and loss account 39,269 28,514
Total shareholders' funds 39,369 28,614

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Elements Urns and Memorials Limited (registered number: 06924127) were approved and authorised for issue by the Board of Directors on 12 August 2025. They were signed on its behalf by:

Mr S W Loram
Director
Mr D M Loram
Director
ELEMENTS URNS AND MEMORIALS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
ELEMENTS URNS AND MEMORIALS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Elements Urns and Memorials Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 17 Holwell Road, Brixham, TQ5 9NE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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 Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2025 2024
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

3. Debtors

2025 2024
£ £
Trade debtors 4,521 2,324

4. Creditors: amounts falling due within one year

2025 2024
£ £
Bank loans 1,624 1,624
Amounts owed to directors 5,624 13,328
Accruals 1,454 1,363
Corporation tax 3,696 4,442
12,398 20,757

5. Called-up share capital

2025 2024
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100