REGISTERED NUMBER: SC560588 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

BROWNINGS FUNERAL DIRECTORS LTD

Page

Balance Sheet

1

FIXED ASSETS

234,585

247,750

CURRENT ASSETS

349,208

287,070

CREDITORS

Amounts falling due within one year

(331,343

)

(295,625

)

NET CURRENT ASSETS/(LIABILITIES)

17,865

(8,555

)

TOTAL ASSETS LESS CURRENT LIABILITIES

252,450

239,195

CREDITORS

Amounts falling due after more than one year

(174,776

)

(189,268

)

NET ASSETS

77,674

49,927

CAPITAL AND RESERVES

77,674

49,927

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Brownings Funeral Directors Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number:

SC560588

Registered office:

22 Longridge Road

Whitburn

West Lothian

EH47 0DE

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

2.	AVERAGE NUMBER OF EMPLOYEES INCL DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

Other than the two (2024 - two) directors, there were on average two (2024 - two) employees during the year.

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

E J Browning

Balance outstanding at start of year

-

17,394

Amounts advanced

392

298

Amounts repaid

(392

)

(17,692

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

The loans from and to the directors are interest free when in credit and when overdrawn bear interest at 4%. Interest of £nil (2024 - £172) was charged during the year.

4.	OTHER FINANCIAL COMMITMENTS

Lease commitments of £15,771 (2024 - £20,568) in total are due, of which £6,887 (2024 - £6,052) is due to be paid in the next 12 months.

Lease commitments have also been arranged through a related company but met by Brownings Funeral Directors Ltd. Future formal lease commitments in the name of the related company of £7,145 (2024 - £9,343) are due, of which £2,198 (2024 - £2,198) is due to be paid in the next 12 months.

The company also hires plant and equipment from the related company which owns those assets but there is no formal rental arrangement in place between the two companies.

5.	SECURED DEBTS

Included within creditors is a total of £166,776 (2024 - £170,268) in respect of a secured bank loan. The loan is secured by way of standard security over the company's property and by floating charge over the net assets of the company. There is also a personal guarantee by the directors.

The "bounce back" loan balance of £nil (2024 - £5,093) is unsecured.

Hire purchase liabilities of £22,500 (2024 - £28,500) are secured against the relevant assets.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 27 December 2025 and were signed on its behalf by:

E J Browning - Director