ACCOUNTS - Final Accounts preparation

Registered number: 09337764

WOKING NECROPOLIS AND MAUSOLEUM LIMITED

DIRECTORS' REPORT
AND CONSOLIDATED FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED

31 MARCH 2025

01483 755 399

hamlyns.com

WOKING NECROPOLIS AND MAUSOLEUM LIMITED

REGISTERED NUMBER: 09337764

CONSOLIDATED BALANCE SHEET

AS AT 31 MARCH 2025

		2025		2024
		£		£

Fixed assets
Intangible assets	4		-		10,016
Tangible assets	5		6,831,629		7,598,556
			6,831,629		7,608,572
Current assets
Stocks	7	134,381		268,762
Debtors: amounts falling due after more than one year	8	2,768,844		-
Debtors: amounts falling due within one year	8	79,714		42,126
Cash at bank and in hand	9	474,135		404,096
		3,457,074		714,984
Creditors: amounts falling due within one year	10	(199,053)		(196,392)
Net current assets			3,258,021		518,592
Total assets less current liabilities			10,089,650		8,127,164
Creditors: amounts falling due after more than one year	11		(5,861,293)		(3,368,911)
Provisions for liabilities
Deferred taxation	12	(620,809)		(658,610)
			(620,809)		(658,610)
Net assets excluding pension asset			3,607,548		4,099,643
Net assets			3,607,548		4,099,643

Capital and reserves
Called up share capital	14	6,000,001	6,000,001
Revaluation reserve		3,330,000	3,865,179
Profit and loss account		(5,723,053)	(5,765,916)
Equity attributable to owners of the parent Company		3,606,948	4,099,264
Non-controlling interests		600	379
		3,607,548	4,099,643

Page 1

WOKING NECROPOLIS AND MAUSOLEUM LIMITED

REGISTERED NUMBER: 09337764

CONSOLIDATED BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2025

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the consolidated statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 10 December 2025.

___________________________

Christopher William Reid

Director

The notes on pages 8 to 21 form part of these financial statements.

Page 2

WOKING NECROPOLIS AND MAUSOLEUM LIMITED

REGISTERED NUMBER: 09337764

COMPANY BALANCE SHEET

AS AT 31 MARCH 2025

	2025	2024
	£	£

Fixed assets
Investments	6	3,980,873	3,980,873
		3,980,873	3,980,873

Total assets less current liabilities		3,980,873	3,980,873


Net assets excluding pension asset		3,980,873	3,980,873
Net assets		3,980,873	3,980,873

Capital and reserves
Called up share capital	14	6,000,001	6,000,001
Profit and loss account brought forward
Profit/(loss) for the year
Profit and loss account carried forward		(2,019,128)	(2,019,128)
		3,980,873	3,980,873

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the consolidated statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 10 December 2025.

___________________________

Christopher William Reid

Director

The notes on pages 8 to 21 form part of these financial statements.

Page 3

WOKING NECROPOLIS AND MAUSOLEUM LIMITED

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 MARCH 2025

	Called up share capital	Revaluation reserve	Profit and loss account	Equity attributable to owners of parent Company	Total equity
	£	£	£	£	£
At 1 April 2024	6,000,001	3,865,179	(5,765,916)	4,099,264	4,099,264
Comprehensive income for the year
Profit for the year	-	-	42,863	42,863	42,863
Deficit on revaluation of freehold property	-	(535,179)	-	(535,179)	(535,179)
Other comprehensive income for the year	-	(535,179)	-	(535,179)	(535,179)
Total comprehensive income for the year	-	(535,179)	42,863	(492,316)	(492,316)
Total transactions with owners	-	-	-	-	-
At 31 March 2025	6,000,001	3,330,000	(5,723,053)	3,606,948	3,606,948

The notes on pages 8 to 21 form part of these financial statements.

Page 4

WOKING NECROPOLIS AND MAUSOLEUM LIMITED

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 MARCH 2024

	Called up share capital	Revaluation reserve	Profit and loss account	Equity attributable to owners of parent Company	Total equity
	£	£	£	£	£
At 1 January 2023	6,000,001	3,865,179	(5,180,498)	4,684,682	4,684,682
Comprehensive income for the period
Loss for the period	-	-	(585,418)	(585,418)	(585,418)
Other comprehensive income for the period	-	-	-	-	-
Total comprehensive income for the period	-	-	(585,418)	(585,418)	(585,418)
Total transactions with owners	-	-	-	-	-
At 31 March 2024	6,000,001	3,865,179	(5,765,916)	4,099,264	4,099,264

The notes on pages 8 to 21 form part of these financial statements.

Page 5

WOKING NECROPOLIS AND MAUSOLEUM LIMITED

COMPANY STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 MARCH 2025

	Called up share capital	Profit and loss account	Total equity
	£	£	£
At 1 April 2024	6,000,001	(2,019,128)	3,980,873
Other comprehensive income for the year	-	-	-
Total comprehensive income for the year	-	-	-
Total transactions with owners	-	-	-
At 31 March 2025	6,000,001	(2,019,128)	3,980,873

The notes on pages 8 to 21 form part of these financial statements.

COMPANY STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 MARCH 2024

	Called up share capital	Profit and loss account	Total equity
	£	£	£
At 1 January 2023	6,000,001	(402,392)	5,597,609
Comprehensive income for the period
Loss for the period	-	(1,616,736)	(1,616,736)
Other comprehensive income for the period	-	-	-
Total comprehensive income for the period	-	(1,616,736)	(1,616,736)
Total transactions with owners	-	-	-
At 31 March 2024	6,000,001	(2,019,128)	3,980,873

The notes on pages 8 to 21 form part of these financial statements.

Page 6

WOKING NECROPOLIS AND MAUSOLEUM LIMITED

CONSOLIDATED STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 MARCH 2025

			2025	2024
			£	£

Cash flows from operating activities
Profit for the financial year	43,084	(585,418)
Adjustments for:
Amortisation of intangible assets	10,016	10,019
Depreciation of tangible assets	95,768	511,563
Release of government grant	(146,641)	(485,835)
(Profit)/loss on disposal of tangible assets	31,783	(15,201)
Interest paid	-	6
Interest received	(7,418)	-
Taxation charge	(37,801)	589,009
Decrease in stocks	134,382	134,382
(Increase)/decrease in amounts owed by groups	(2,800,000)	-
(Increase)/decrease in debtors	(6,432)	82,534
Increase in creditors	2,509,830	2,608,396
Restatement of fixed assets	-	(3,168,874)
(Decrease) in amounts owed to groups	(14,787)	(146,241)
Net cash generated from operating activities	(188,216)	(465,660)

Cash flows from investing activities
Sale of tangible fixed assets	104,196	22,224
Interest received	7,418	-
Government grants received	146,641	485,835
Net cash from investing activities	258,255	508,059
Cash flows from financing activities
Interest paid	-	(6)
Net cash used in financing activities	-	(6)
Net increase in cash and cash equivalents	70,039	42,393
Cash and cash equivalents at beginning of year	404,096	361,703
Cash and cash equivalents at the end of year	474,135	404,096

Cash and cash equivalents at the end of year comprise:
Cash at bank and in hand	474,135	404,096
	474,135	404,096

The notes on pages 8 to 21 form part of these financial statements.

Page 7

WOKING NECROPOLIS AND MAUSOLEUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Woking Necropolis and Mausoleum Limited is a private company, limited by shares, registered in England and Wales. The company’s registered number is 09337764 and registered office address is located at St Botolph Building, 138 Houndsditch, London, United Kingdom, EC3A 7AR.

During the prior year the company extended its accounting period to match that of its parent company, as
such the figures are not comparable.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires Group management to exercise judgment in applying the Group's accounting policies.

The Company has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own statement of comprehensive income in these financial statements.

The following principal accounting policies have been applied:

2.2

Basis of consolidation

The consolidated financial statements present the results of the Company and its own subsidiaries ("the Group") as if they form a single entity. Intercompany transactions and balances between group companies are therefore eliminated in full.
The consolidated financial statements incorporate the results of business combinations using the purchase method. In the balance sheet, the acquiree's identifiable assets, liabilities and contingent liabilities are initially recognised at their fair values at the acquisition date. The results of acquired operations are included in the consolidated statement of comprehensive income from the date on which control is obtained. They are deconsolidated from the date control ceases.
In accordance with the transitional exemption available in FRS 102, the Group has chosen not to retrospectively apply the standard to business combinations that occurred before the date of transition to FRS 102, being 02 December 2014.

2.3

Going concern

The Directors of Woking Necropolis and Mausoleum Limited believe that the company can continue as a going concern.
We have taken steps to ensure that the company can continue to operate within its means, including producing a five-year business plan and a cash projection forecast for the 26/27 financial year. The company will continue to explore the potential to reduce its operating costs, manage
capital investment and identify additional revenue sources.
Despite the position of our ultimate parent company, Woking Borough Council, we are confident that these measures will enable us to ensure that any expenditure incurred can be met from revenue generated.

Page 8

WOKING NECROPOLIS AND MAUSOLEUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Group and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Group has transferred the significant risks and rewards of ownership to the buyer;

∙the Group retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Group will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Group will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.5

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the consolidated statement of comprehensive income in the same period as the related expenditure.

2.6

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.7

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 9

WOKING NECROPOLIS AND MAUSOLEUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.8

Pensions

Defined contribution pension plan

The Group operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Group pays fixed contributions into a separate entity. Once the contributions have been paid the Group has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the Group in independently administered funds.

2.9

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company and the Group operate and generate income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Page 10

WOKING NECROPOLIS AND MAUSOLEUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.10

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of the Group's share of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the consolidated statement of comprehensive income over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

The estimated useful lives range as follows:

Goodwill

years

2.11

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line, and reducing balance method..

Depreciation is provided on the following basis:

Freehold land	-		Not depreciated
Plant and machinery	-	15%	Reducing balance
Motor vehicles	-	20%	Reducing balance
Fixtures and fittings	-	15%	Reducing balance
Office equipment	-	25%	Reducing balance
Infrastructure	-		Straight line over 50 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 11

WOKING NECROPOLIS AND MAUSOLEUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.12

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

2.13

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.14

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.15

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.16

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

In the consolidated statement of cash flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the Group's cash management.

2.17

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 12

WOKING NECROPOLIS AND MAUSOLEUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.18

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

Employees

The average monthly number of employees, including the Directors, during the year was as follows:

	Group	Group	Company	Company
	2025	2024	2025	2024
	No.	No.	No.	No.

Average number of employees	18	18	5	5

4.	Intangible assets
	Group and Company

		Goodwill
		£
	Cost
	At 1 April 2024	100,188
	At 31 March 2025	100,188
	Amortisation
	At 1 April 2024	90,172
	Charge for the year on owned assets	10,016
	At 31 March 2025	100,188
	Net book value
	At 31 March 2025	-
	At 31 March 2024	10,016

Page 13

WOKING NECROPOLIS AND MAUSOLEUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

5.	Tangible fixed assets
	Group

	Freehold Land	Plant and machinery	Motor vehicles	Fixtures and fittings	Office equipment
	£	£	£	£	£
Cost or valuation
At 1 April 2024	3,950,000	118,314	7,995	433,375	12,931
Disposals	-	-	-	-	-
Adjustments	(535,179)	-	-	-	-
At 31 March 2025	3,414,821	118,314	7,995	433,375	12,931
Depreciation
At 1 April 2024	-	79,364	5,245	317,123	10,690
Charge for the year on owned assets	-	5,842	550	17,438	560
Disposals	-	-	-	-	-
At 31 March 2025	-	85,206	5,795	334,561	11,250
Net book value
At 31 March 2025	3,414,821	33,108	2,200	98,814	1,681
At 31 March 2024	3,950,000	38,950	2,750	116,252	2,241

Page 14

WOKING NECROPOLIS AND MAUSOLEUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

5.Tangible fixed assets (continued)

	Other fixed assets	Total
	£	£
Cost or valuation
At 1 April 2024	3,879,821	8,402,436
Disposals	(151,699)	(151,699)
Adjustments	-	(535,179)
At 31 March 2025	3,728,122	7,715,558
Depreciation
At 1 April 2024	391,458	803,880
Charge for the year on owned assets	71,379	95,769
Disposals	(15,720)	(15,720)
At 31 March 2025	447,117	883,929
Net book value
At 31 March 2025	3,281,005	6,831,629
At 31 March 2024	3,488,363	7,598,556

The net book value of land and buildings may be further analysed as follows:
	2025	2024
	£	£

Freehold Land	3,414,821	3,950,000
	3,414,821	3,950,000

Cost or valuation at 31 March 2025 is as follows:

			Land and buildings
			£

		At cost	84,821
		At valuation:
		2025 Savills UK PLC	3,330,000

			3,414,821

Page 15

WOKING NECROPOLIS AND MAUSOLEUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

5.Tangible fixed assets (continued)

If the land and buildings had not been included at valuation they would have been included under the historical cost convention as follows:
	2025	2024
	£	£

Group
Cost	84,821	84,821
Net book value	84,821	84,821

6.	Fixed asset investments

	Company

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 April 2024	3,980,873
	At 31 March 2025	3,980,873

	Net book value
	At 31 March 2025	3,980,873
	At 31 March 2024	3,980,873

Page 16

WOKING NECROPOLIS AND MAUSOLEUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025



The following were subsidiary undertakings of the Company:
Name	Registered office	Class of shares	Holding

	Brookwood Park Limited	The St Botoph Building, 138 Houndsditch, London EC31 7AR	Ordinary	99.98%
	Brookwood Cemetery Limited	The St Botoph Building, 138 Houndsditch, London EC31 7AR	Ordinary	99.98%

The aggregate of the share capital and reserves as at 31 March 2025 and the profit or loss for the year ended on that date for the subsidiary undertakings were as follows:
Name	Aggregate of share capital and reserves	Profit/(Loss)
	£	£

	Brookwood Park Limited	2,939,629	(374,998)
	Brookwood Cemetery Limited	667,919	(107,081)

7.	Stocks
		Group	Group
		2025	2024
		£	£

Finished goods	134,381	268,762
	134,381	268,762

Page 17

WOKING NECROPOLIS AND MAUSOLEUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

8.	Debtors
		Group	Group	Company	Company
		2025	2024	2025	2024
		£	£	£	£

Due after more than one year
Amounts owed by group undertakings	2,768,844	-	-	-
	2,768,844	-	-	-

		Group	Group
		2025	2024
		£	£

Due within one year
Trade debtors	13,491	33,028
Other debtors	27,558	920
Prepayments and accrued income	7,509	8,178
Amounts owed by group undertakings	31,156	-
	79,714	42,126

9.	Cash and cash equivalents
		Group	Group
		2025	2024
		£	£

Cash at bank and in hand	474,135	404,096
	474,135	404,096

10.	Creditors: Amounts falling due within one year
		Group	Group
		2025	2024
		£	£

Trade creditors	6,363	2,564
Other taxation and social security	-	40,583
Other creditors	5,352	7,749
Accruals and deferred income	160,501	103,872
Amounts owed to group undertakings	26,837	41,624
	199,053	196,392

Page 18

WOKING NECROPOLIS AND MAUSOLEUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

11.	Creditors: Amounts falling due after more than one year
		Group	Group
		2025	2024
		£	£

Accruals and deferred income	5,861,293	3,368,911
	5,861,293	3,368,911

12.	Deferred taxation
	Group

		2025
		£

	At beginning of year	(658,610)
	Utilised in year	37,801
	At end of year	(620,809)

Company

		2025

	At end of year	-

The provision for deferred taxation is made up as follows:
	Group	Group
	2025	2024
	£	£

	Accelerated capital allowances	(620,809)	(658,610)
		(620,809)	(658,610)

13.	Securities and mortgages

Barclays bank has registered charges resulting in a floating charge covering all the property or
undertakings of the company dated 5th May 2014 in addition to a charge dated 23rd October 2014, which includes freehold property.
Limited guarantee given by Mr Ramadan Hussein Guney for GBP 5,000.00 dated 27th October 1999.

Page 19

WOKING NECROPOLIS AND MAUSOLEUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

14.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

6,000,001 (2024 - 6,000,001) Ordinary shares of £1.00 each	6,000,001	6,000,001

Each share is entitled to one vote in any circumstances and each share is also entitle pari passu to dividend payments or any other distribution, including a distribution arising from a winding up of the company. The shares are not redeemable.

15.	Pension commitments

The Group operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Group in an independently administered fund. The pension cost charge represents contributions payable by the Group to the fund and amounted to £18,113 (2024 - £23,830).
No Contributions were payable to the fund at the balance sheet date.

16.

Related party transactions

At the balance sheet date £26,837 (2024: £41,463) was due to the ultimate parent entity relating to transactions from trade relationships of a subsiduary undertaking, additionally, £2,800,000 was due from the ultimate parent entity.
There were purchases totalling £162,925 (2024: £189,456) in the year with the ulitmate parent entity by a subsiduary undertaking.
There were purchases totalling £10,023 (2024: £15,144) in the year with a related party under common control of a director by a subsiduary undertaking.

17.	Controlling party

The immediate and ultimate parent of the entity is Woking Borough Council by virtue of shareholding.

18.	Non-controlling interests

The non-controlling interest represents less than 0.02% being 10 of the 60,120 ordinary shares of Brookwood park Limited.

19.	Provisions available for audits of small entities

In common with many other businesses of our size and nature, we use our auditor to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

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WOKING NECROPOLIS AND MAUSOLEUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

20.	Auditors' information

The auditors' report on the financial statements for the year ended 31 March 2025 was unqualified.

The audit report was signed on 12 December 2025 by Oliver Spevack (senior statutory auditor) on behalf of Hamlyns Limited.

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