Ash Memorials Limited 31/03/2025 iXBRL

Company registration number: 04511117

Ash Memorials Limited

Unaudited filleted financial statements

31 March 2025

Ash Memorials Limited

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Intangible assets	5	-		6,250
Tangible assets	6	15,554		17,674
		_______		_______
			15,554		23,924

Current assets
Stocks		9,350		9,250
Debtors	7	2,700		4,647
Cash at bank and in hand		437,075		411,476
		_______		_______
		449,125		425,373
Creditors: amounts falling due
within one year	8	( 166,771)		( 148,551)
		_______		_______
Net current assets			282,354		276,822
			_______		_______
Total assets less current liabilities			297,908		300,746


Provisions for liabilities			( 3,888)		( 4,418)

			_______		_______
Net assets			294,020		296,328
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			293,920		296,228
			_______		_______
Shareholders funds			294,020		296,328
			_______		_______

For the 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 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 directors acknowledge 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 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.

These financial statements were approved by the board of directors and authorised for issue on 16 September 2025 , and are signed on behalf of the board by:

Mr N G Ash

Director

Company registration number: 04511117

Ash Memorials Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in Wales. The address of the registered office is 85 Lansdowne Road, Cardiff, CF5 1PR.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in 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 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.

Turnover

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

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

tangible assets are initially recorded at cost, and are 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 capital and reserves, 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 capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 6 (2024: 6 ).

5. Intangible assets

	Goodwill	Total
	£	£
Cost
At 1 April 2024 and 31 March 2025	500,000	500,000
	_______	_______
Amortisation
At 1 April 2024	493,750	493,750
Charge for the year	6,250	6,250
	_______	_______
At 31 March 2025	500,000	500,000
	_______	_______
Carrying amount
At 31 March 2025	-	-
	_______	_______
At 31 March 2024	6,250	6,250
	_______	_______

6. Tangible assets

	Plant and machinery	Motor vehicles	Total
	£	£	£
Cost
At 1 April 2024	64,613	19,545	84,158
Additions	2,059	-	2,059
	_______	_______	_______
At 31 March 2025	66,672	19,545	86,217
	_______	_______	_______
Depreciation
At 1 April 2024	57,717	8,767	66,484
Charge for the year	2,239	1,940	4,179
	_______	_______	_______
At 31 March 2025	59,956	10,707	70,663
	_______	_______	_______
Carrying amount
At 31 March 2025	6,716	8,838	15,554
	_______	_______	_______
At 31 March 2024	6,896	10,778	17,674
	_______	_______	_______

7. Debtors

	2025	2024
	£	£
Trade debtors	2,700	4,647
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	141,190	118,722
Corporation tax	12,313	15,339
Social security and other taxes	10,718	11,940
Other creditors	2,550	2,550
	_______	_______
	166,771	148,551
	_______	_______