Silverfin false false 31/07/2025 01/08/2024 31/07/2025 Stewart Mcfarlane 07/03/2000 David Millar Orr 14/02/2022 22 April 2026 The principal activity of the Company during the financial year continued to be that of funeral related activities. SC204660 2025-07-31 SC204660 bus:Director1 2025-07-31 SC204660 bus:Director2 2025-07-31 SC204660 2024-07-31 SC204660 core:CurrentFinancialInstruments 2025-07-31 SC204660 core:CurrentFinancialInstruments 2024-07-31 SC204660 core:ShareCapital 2025-07-31 SC204660 core:ShareCapital 2024-07-31 SC204660 core:RetainedEarningsAccumulatedLosses 2025-07-31 SC204660 core:RetainedEarningsAccumulatedLosses 2024-07-31 SC204660 core:PlantMachinery 2024-07-31 SC204660 core:Vehicles 2024-07-31 SC204660 core:FurnitureFittings 2024-07-31 SC204660 core:PlantMachinery 2025-07-31 SC204660 core:Vehicles 2025-07-31 SC204660 core:FurnitureFittings 2025-07-31 SC204660 2023-07-31 SC204660 bus:OrdinaryShareClass1 2025-07-31 SC204660 2024-08-01 2025-07-31 SC204660 bus:FilletedAccounts 2024-08-01 2025-07-31 SC204660 bus:SmallEntities 2024-08-01 2025-07-31 SC204660 bus:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 SC204660 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 SC204660 bus:Director1 2024-08-01 2025-07-31 SC204660 bus:Director2 2024-08-01 2025-07-31 SC204660 core:PlantMachinery 2024-08-01 2025-07-31 SC204660 core:Vehicles 2024-08-01 2025-07-31 SC204660 core:FurnitureFittings 2024-08-01 2025-07-31 SC204660 2023-08-01 2024-07-31 SC204660 bus:OrdinaryShareClass1 2024-08-01 2025-07-31 SC204660 bus:OrdinaryShareClass1 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC204660 (Scotland)

# STRATHMORE FUNERAL DIRECTORS LIMITED

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 JULY 2025
PAGES FOR FILING WITH THE REGISTRAR

STRATHMORE FUNERAL DIRECTORS LIMITED

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JULY 2025

Contents

STRATHMORE FUNERAL DIRECTORS LIMITED

## BALANCE SHEET

AS AT 31 JULY 2025
STRATHMORE FUNERAL DIRECTORS LIMITED

## BALANCE SHEET (continued)

AS AT 31 JULY 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 181,355 |  | 205,644
Investments | 4 | 318,635 |  | 318,084
|  | 499,990 |  | 523,728
Current assets |  |  |  |
Stocks |  | 37,327 |  | 26,003
Debtors | 5 | 160,575 |  | 184,360
Cash at bank and in hand |  | 1,160,059 |  | 910,519
|  | 1,357,961 |  | 1,120,882
Creditors: amounts falling due within one year | 6 | ( 134,779) |  | ( 73,676)
Net current assets |  | 1,223,182 |  | 1,047,206
Total assets less current liabilities |  | 1,723,172 |  | 1,570,934
Provision for liabilities | 7 | ( 28,278) |  | ( 36,105)
Net assets |  | 1,694,894 |  | 1,534,829
Capital and reserves |  |  |  |
Called-up share capital | 8 | 2 |  | 2
Profit and loss account |  | 1,694,892 |  | 1,534,827
Total shareholder's funds |  | 1,694,894 |  | 1,534,829

For the financial year ending 31 July 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Strathmore Funeral Directors Limited (registered number: SC204660) were approved and authorised for issue by the Board of Directors on 22 April 2026. They were signed on its behalf by:

Stewart Mcfarlane Director |

STRATHMORE FUNERAL DIRECTORS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JULY 2025
STRATHMORE FUNERAL DIRECTORS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JULY 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Strathmore Funeral Directors Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is C/O Johnston Carmichael, 15 Academy Street, Forfar, DD8 2HA, Scotland, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Turnover

Turnover represents amounts invoiced during the year for funeral and related activities.
Turnover is recognised when the company has entitlement to the income in exchange for the provision of services.

##### Employee benefits

Short term benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery | 25 % reducing balance
Vehicles | 25 % reducing balance
Fixtures and fittings | 10 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Non-financial assets
At each balance sheet date, the company reviews its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss.
If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.
Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

##### Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Provision is made for obsolete, slow-moving or defective items where appropriate.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price.

Basic financial liabilities
Basic financial liabilities, including creditors are initially recognised at transaction price.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 5 |  | 4

#### 3. Tangible assets

| Plant and machinery |  | Vehicles |  | Fixtures and fittings |  | Total
| £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |
At 01 August 2024 | 88,859 |  | 242,256 |  | 85,131 |  | 416,246
Additions | 16,063 |  | 13,000 |  | 0 |  | 29,063
Disposals | 0 |  | ( 26,002) |  | 0 |  | ( 26,002)
At 31 July 2025 | 104,922 |  | 229,254 |  | 85,131 |  | 419,307
Accumulated depreciation |  |  |  |  |  |  |
At 01 August 2024 | 52,712 |  | 81,843 |  | 76,047 |  | 210,602
Charge for the financial year | 9,744 |  | 42,270 |  | 908 |  | 52,922
Disposals | 0 |  | ( 25,572) |  | 0 |  | ( 25,572)
At 31 July 2025 | 62,456 |  | 98,541 |  | 76,955 |  | 237,952
Net book value |  |  |  |  |  |  |
At 31 July 2025 | 42,466 |  | 130,713 |  | 8,176 |  | 181,355
At 31 July 2024 | 36,147 |  | 160,413 |  | 9,084 |  | 205,644

#### 4. Fixed asset investments

| 2025 |  | 2024
| £ |  | £
Subsidiary undertakings | 318,635 |  | 318,084

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 155,166 |  | 182,332
Other debtors | 5,409 |  | 2,028
| 160,575 |  | 184,360

#### 6. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 26,564 |  | 18,582
Taxation and social security | 68,493 |  | 17,398
Other creditors | 39,722 |  | 37,696
| 134,779 |  | 73,676

#### 7. Deferred tax

| 2025 |  | 2024
| £ |  | £
At the beginning of financial year | ( 36,105) |  | ( 12,902)
Credited/(charged) to the Profit and Loss Account | 7,827 |  | ( 23,203)
At the end of financial year | ( 28,278) |  | ( 36,105)

#### 8. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
2 Ordinary shares of £ 1.00 each | 2 |  | 2

#### 9. Related party transactions

Transactions with the entity's directors

| 2025 |  | 2024
| £ |  | £
Directors Loan Account | 33,371 |  | 31,595