A&M Funeral Directors Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: SC639238 (Scotland)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

A&M Funeral Directors Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Mundell

C Mundell

REGISTERED OFFICE:

Pavilion 2

Finnieston Business Park

Minerva Way

Glasgow

G3 8AU

REGISTERED NUMBER:

SC639238 (Scotland)

ACCOUNTANTS:

Advantage Accounting (Scotland) Ltd

Pavilion 2

Finnieston Business Park

Minerva Way

Glasgow

G3 8AU

FIXED ASSETS

Tangible assets

4

117,315

75,448

Investment property

5

115,000

232,315

190,448

CURRENT ASSETS

Stocks

855

1,000

Debtors

6

14,407

14,821

Cash at bank

106,195

111,786

121,457

127,607

CREDITORS

Amounts falling due within one year

7

45,732

31,043

NET CURRENT ASSETS

75,725

96,564

TOTAL ASSETS LESS CURRENT
LIABILITIES

308,040

287,012

CREDITORS

Amounts falling due after more than one
year

8

127,575

88,846

NET ASSETS

180,465

198,166

CAPITAL AND RESERVES

Called up share capital

100

Fair value reserve

10

79,020

Retained earnings

101,345

119,046

SHAREHOLDERS' FUNDS

180,465

198,166

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 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 Board of Directors and authorised for issue on 30 March 2026 and were signed on its behalf by:

G Mundell - Director

C Mundell - Director

1.	STATUTORY INFORMATION

A&M Funeral Directors Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance, 20% on reducing balance, 15% on reducing balance and 5% 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 5 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

119,561

Additions

59,615

At 31 August 2025

179,176

DEPRECIATION

At 1 September 2024

44,113

Charge for year

17,748

At 31 August 2025

61,861

NET BOOK VALUE

At 31 August 2025

117,315

At 31 August 2024

75,448

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

and 31 August 2025

115,000

NET BOOK VALUE

At 31 August 2025

115,000

At 31 August 2024

115,000

Fair value at 31 August 2025 is represented by:

£

Valuation in 2023

79,020

Cost

35,980

115,000

The 2024 valuation was made by the director, on an open market value for existing use basis.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Trade debtors

10,316

10,269

Other debtors

4,091

4,552

14,407

14,821

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Bank loans and overdrafts

-

1,276

Hire purchase contracts (see note 9)

5,586

-

Trade creditors

15,618

15,096

Taxation and social security

10,347

13,065

Other creditors

14,181

1,606

45,732

31,043

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.8.25

31.8.24

£

Hire purchase contracts (see note 9)

39,948

-

Other creditors

87,627

88,846

127,575

88,846

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.8.25

31.8.24

£

Net obligations repayable:

Within one year

5,586

-

Between one and five years

39,948

-

45,534

-

Non-cancellable

operating leases

31.8.25

31.8.24

£

Within one year

4,075

Between one and five years

1,020

5,095

9,170

10.

RESERVES

Fair

value

reserve

£

At 1 September 2024

and 31 August 2025

79,020