REGISTERED NUMBER: 04930842 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Williams And Lowe Funeral Directors

Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

P J Williams

REGISTERED OFFICE:

Field House

40 Congleton Road

Sandbach

Cheshire

CW11 1HJ

REGISTERED NUMBER:

04930842 (England and Wales)

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

739,993

811,785

739,993

811,785

CURRENT ASSETS

Stocks

2,000

1,750

Debtors

7

30,148

28,126

Cash at bank

65,137

117,432

97,285

147,308

CREDITORS

Amounts falling due within one year

8

(69,553

)

(141,291

)

NET CURRENT ASSETS

27,732

6,017

TOTAL ASSETS LESS CURRENT LIABILITIES

767,725

817,802

CREDITORS

Amounts falling due after more than one year

9

(270,211

)

(269,652

)

PROVISIONS FOR LIABILITIES

10

(45,175

)

(15,520

)

NET ASSETS

452,339

532,630

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

452,239

532,530

452,339

532,630

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 September 2025 and were signed by:

P J Williams - Director

1.	STATUTORY INFORMATION

The principle activity of Williams and Lowe Funeral Directors Limited is that of funeral directors.

the company is a private company limited by shares and is incorporated in England and Wales. The address of the principal place of business and of the registered office is Field House, 40 Congleton Road, Sandbach, Cheshire, CW11 1HJ. The registered number can be found on the Company Information page.

The presentation currency of the financial statements is Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £.

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

Summary of significant accounting policies

The principle accounting policies applied in the preparation of these financial statements are set out below.

These policies have been consistently applied to all years presented, unless otherwise stated.

Basis of preparation

The financial statements are prepared on the going concern basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006.

Going Concern

No material uncertainties, that may cast doubt about the ability of the company to continue as a going concern have been identified by the directors and they therefore consider it appropriate to prepare the financial statements on the going concern basis.

Revenue recognition

Revenue (described as turnover) is measured at the fair value of the consideration received and represents amounts receivable for services supplied and services rendered, stated net of discounts and Value Added Tax.

Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

Goodwill

Goodwill acquired in 2011 has been fully amortised.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements

-

10% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are stated at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Costs includes all costs of purchase and also other costs incurred in bringing stock to its present location and condition. Stocks are accounted for using he first-in, first-out basis.

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' current accounts and loans.

Bank loans and directors loans are initially measured at the present value of future payments, discounted at a market rate of interest and subsequently at amortised cost using the effective interest method.

Directors current balances (being those repayable on demand), trade debtors, other debtors and creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at 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 the Statement of Comprehensive Income.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

246,000

AMORTISATION

At 1 January 2024

and 31 December 2024

246,000

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

6.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

717,412

537,917

1,255,329

Additions

-

575

575

At 31 December 2024

717,412

538,492

1,255,904

DEPRECIATION

At 1 January 2024

107,270

336,274

443,544

Charge for year

26,617

45,750

72,367

At 31 December 2024

133,887

382,024

515,911

NET BOOK VALUE

At 31 December 2024

583,525

156,468

739,993

At 31 December 2023

610,142

201,643

811,785

National Westminster Bank has a fixed and floating charge over the property and the undertakings of the company.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

30,148

28,126

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

22,510

45,580

Taxation and social security

15,225

41,696

Other creditors

31,818

54,015

69,553

141,291

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

270,211

269,652

10.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

45,175

15,520

Deferred

tax

£

Balance at 1 January 2024

15,520

Provided during year

29,655

Balance at 31 December 2024

45,175