John Davies & Sons Funeral Directors Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 02967824 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

JOHN DAVIES & SONS FUNERAL DIRECTORS

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J R Davies

Miss L J Davies

SECRETARY:

Mrs S E Burgess

REGISTERED OFFICE:

Beechwood

Park Terrace

Trelewis

Nr Treharris

Mid Glamorgan

CF46 6BT

REGISTERED NUMBER:

02967824 (England and Wales)

ACCOUNTANTS:

Baker Knoyle Chartered Accountants

Orbit Business Centre

Merthyr Tydfil

CF48 1DL

BANKERS:

Santander

Bootle

Merseyside

L30 4GB

FIXED ASSETS

Tangible assets

4

337,645

342,237

Investments

5

2,258,523

2,085,916

Investment property

6

170,601

2,766,769

2,598,754

CURRENT ASSETS

Stocks

80,118

59,250

Debtors

7

358,339

282,392

Investments

8

1,161,366

1,091,827

Cash at bank and in hand

396,740

318,606

1,996,563

1,752,075

CREDITORS

Amounts falling due within one year

9

134,328

86,495

NET CURRENT ASSETS

1,862,235

1,665,580

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,629,004

4,264,334

PROVISIONS FOR LIABILITIES

34,309

33,034

NET ASSETS

4,594,695

4,231,300

CAPITAL AND RESERVES

Called up share capital

100

Other reserves

603,913

369,451

Fair value reserve

27,294

30,274

Retained earnings

3,963,388

3,831,475

SHAREHOLDERS' FUNDS

4,594,695

4,231,300

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 25 June 2026 and were signed on its behalf by:

J R Davies - Director

1.	STATUTORY INFORMATION

John Davies & Sons Funeral Directors Limited is a private company, limited by shares , registered in England and Wales. 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 represents invoiced sales.

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

-

33% on cost, 25% on reducing balance, 15% on reducing balance and 10% on reducing balance

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 and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 7 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST OR VALUATION

At 1 October 2024

210,102

282,341

492,443

Additions

-

35,600

Disposals

-

(37,549

)

(37,549

)

At 30 September 2025

210,102

280,392

490,494

DEPRECIATION

At 1 October 2024

-

150,206

Charge for year

-

37,454

Eliminated on disposal

-

(34,811

)

(34,811

)

At 30 September 2025

-

152,849

NET BOOK VALUE

At 30 September 2025

210,102

127,543

337,645

At 30 September 2024

210,102

132,135

342,237

Cost or valuation at 30 September 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

Valuation in 2020

32,278

-

32,278

Cost

177,824

280,392

458,216

210,102

280,392

490,494

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 October 2024

2,085,916

Additions

164,371

Disposals

(84,260

)

Revaluations

92,496

At 30 September 2025

2,258,523

NET BOOK VALUE

At 30 September 2025

2,258,523

At 30 September 2024

2,085,916

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

and 30 September 2025

170,601

NET BOOK VALUE

At 30 September 2025

170,601

At 30 September 2024

170,601

Fair value at 30 September 2025 is represented by:

£

Valuation in 2020

4,114

Cost

166,487

170,601

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

140,320

62,087

Other debtors

218,019

220,305

358,339

282,392

8.	CURRENT ASSET INVESTMENTS

2025

2024

£

Unlisted investments

1,161,366

1,091,827

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

20,455

20,824

Taxation and social security

107,204

56,785

Other creditors

6,669

8,886

134,328

86,495

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2025 and 30 September 2024:

2025

2024

£

J R Davies

Balance outstanding at start of year

(5,746

)

(6,300

)

Amounts advanced

23,582

52,554

Amounts repaid

(21,500

)

(52,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(3,664

)

(5,746

)

Miss L J Davies

Balance outstanding at start of year

-

Amounts advanced

11,672

30,000

Amounts repaid

(11,000

)

(30,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

672

-

11.	RELATED PARTY DISCLOSURES

At the end of the accounting period JRD Investments Limited owed this company £211,811 (2020 £211,811).

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the John Davies & Sons Funeral Directors Ltd Business Trust.