IAN JOHNSTON FUNERAL DIRECTORS LIMITED


Directors	Alistair Robert Caldicott
	Christiane Katharine Henderson
	Ian Andrew Johnston


Registered Address	142n St Clair Street
	Kirkcaldy
	KY1 2BZ


Registered Number	SC623787 (Scotland)

Balance Sheet as at
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Intangible assets	3		6,000		8,000
Tangible assets	4		28,478		15,680
			34,478		23,680
Current assets
Stocks		539		911
Debtors	5	63,899		28,407
Cash at bank and on hand		11,777		29,338
		76,215		58,656
Creditors amounts falling due within one year	6	(31,522)		(52,951)
Net current assets (liabilities)			44,693		5,705
Total assets less current liabilities			79,171		29,385
Provisions for liabilities			(812)		-
Net assets			78,359		29,385
Capital and reserves
Called up share capital			100		100
Revaluation reserve			4,128		5,677
Profit and loss account			74,131		23,608
Shareholders' funds			78,359		29,385

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 3 June 2026, and are signed on its behalf by:

Alistair Robert Caldicott
Director

Christiane Katharine Henderson
Director

Registered Company No. SC623787

IAN JOHNSTON FUNERAL DIRECTORS LIMITED

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Employee benefits
	The company operates a defined contribution pension scheme. Contributions payable to the companys pension scheme are charged to profit or loss in the period to which they relate.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 

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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. 

Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Goodwill, being the amount paid in connection with the acquisition of the business in 2019, is being amortised evenly over its estimated useful life of ten years.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Plant and machinery	7
	Fixtures and fittings	4
	Vehicles	7
	Office Equipment	3

	Stocks and work in progress
	Stock and work in progress are valued at the lower of cost and net realisable value.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	4		5

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 April 25	20,000	20,000
At 31 March 26	20,000	20,000
Amortisation and impairment
At 01 April 25	12,000	12,000
Charge for year	2,000	2,000
At 31 March 26	14,000	14,000
Net book value
At 31 March 26	6,000	6,000
At 31 March 25	8,000	8,000

4.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 April 25	12,330	35,106	-	3,583	51,019
Additions	-	19,998	249	-	20,247
At 31 March 26	12,330	55,104	249	3,583	71,266
Depreciation and impairment
At 01 April 25	6,453	25,334	-	3,552	35,339
Charge for year	1,750	5,666	2	31	7,449
At 31 March 26	8,203	31,000	2	3,583	42,788
Net book value
At 31 March 26	4,127	24,104	247	-	28,478
At 31 March 25	5,877	9,772	-	31	15,680

5.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	6,187	17,555
Other debtors	53,081	8,048
Prepayments and accrued income	4,631	2,804
Total	63,899	28,407

6.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	5,730	19,949
Taxation and social security	11,653	5,518
Other creditors	10,624	-
Accrued liabilities and deferred income	3,515	27,484
Total	31,522	52,951