REGISTERED NUMBER: 00624714 (England and Wales)

GEORGE SCOTT & SON (FUNERAL DIRECTORS)

LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr N A Scott

SECRETARY:

Mr N A Scott

REGISTERED OFFICE:

13 - 15 Somerset Road

Boscombe

Bournemouth

Dorset

BH7 6JH

REGISTERED NUMBER:

00624714 (England and Wales)

ACCOUNTANTS:

Alan W. Simons & Co.

Chartered Accountants

Hillview Business Centre

2 Leybourne Avenue

Bournemouth

Dorset

BH10 6HF

FIXED ASSETS

Intangible assets

4

89,100

-

Tangible assets

5

314,762

231,922

Investments

6

1,246

1,246

Investment property

7

300,000

300,000

705,108

533,168

CURRENT ASSETS

Stocks

7,603

4,715

Debtors

8

137,137

109,945

Prepayments and accrued income

7,048

5,547

Cash at bank and in hand

1,778,809

1,633,419

1,930,597

1,753,626

CREDITORS

Amounts falling due within one year

9

132,733

138,450

NET CURRENT ASSETS

1,797,864

1,615,176

TOTAL ASSETS LESS CURRENT LIABILITIES

2,502,972

2,148,344

PROVISIONS FOR LIABILITIES

81,750

55,893

NET ASSETS

2,421,222

2,092,451

CAPITAL AND RESERVES

Called up share capital

565

565

Capital redemption reserve

5,090

5,090

Fair value reserve

11

174,014

174,014

Retained earnings

2,241,553

1,912,782

SHAREHOLDERS' FUNDS

2,421,222

2,092,451

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 October 2025 and were signed by:

Mr N A Scott - Director

1.	STATUTORY INFORMATION

George Scott & Son (Funeral Directors) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on cost, 15% on reducing balance and 10% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

99,000

At 30 April 2025

99,000

AMORTISATION

Charge for year

9,900

At 30 April 2025

9,900

NET BOOK VALUE

At 30 April 2025

89,100

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 May 2024

248,756

422,771

671,527

Additions

-

107,739

107,739

Disposals

-

(399

)

(399

)

At 30 April 2025

248,756

530,111

778,867

DEPRECIATION

At 1 May 2024

63,603

376,002

439,605

Charge for year

4,522

20,377

24,899

Eliminated on disposal

-

(399

)

(399

)

At 30 April 2025

68,125

395,980

464,105

NET BOOK VALUE

At 30 April 2025

180,631

134,131

314,762

At 30 April 2024

185,153

46,769

231,922

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 May 2024

and 30 April 2025

1,246

NET BOOK VALUE

At 30 April 2025

1,246

At 30 April 2024

1,246

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2024

and 30 April 2025

300,000

NET BOOK VALUE

At 30 April 2025

300,000

At 30 April 2024

300,000

If investment properties were shown at historical cost they would be included at £92,325.

Fair value at 30 April 2025 is represented by:

£

Valuation in 2018

155,721

Cost

144,279

300,000

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

107,317

70,262

Other debtors

29,820

39,683

137,137

109,945

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

105,102

117,779

Other creditors

27,631

20,671

132,733

138,450

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

27,400

20,000

Between one and five years

36,500

44,167

63,900

64,167

11.

RESERVES

Fair

value

reserve

£

At 1 May 2024

and 30 April 2025

174,014

12.	RELATED PARTY DISCLOSURES

The Company occupies a premises owned by a pension scheme for the benefit of the Director Mr N. Scott. A normal commercial rent of £20,000 (2024 - £20,000) per annum is payable. At the balance sheet date no amount was outstanding (2024 - nil).