AJB Funerals Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 05258953 (England and Wales)

AJB FUNERALS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MARCH 2025 TO 31 MAY 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A D Bewley

REGISTERED OFFICE:

57A Pickwick Road

Corsham

Wiltshire

SN13 9BS

REGISTERED NUMBER:

05258953 (England and Wales)

ACCOUNTANT:

Clear Vision Accountancy Limited

1 Abacus House

Newlands Road

Corsham

Wiltshire

SN13 0BH

FIXED ASSETS

Tangible assets

4

875,695

972,855

CURRENT ASSETS

Stocks

5,177

5,124

Debtors

5

142,294

135,943

Cash at bank and in hand

34,396

23,822

181,867

164,889

CREDITORS

Amounts falling due within one year

6

385,187

419,857

NET CURRENT LIABILITIES

(203,320

)

(254,968

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

672,375

717,887

CREDITORS

Amounts falling due after more than one
year

7

(547,755

)

(566,921

)

PROVISIONS FOR LIABILITIES

(52,940

)

(71,979

)

NET ASSETS

71,680

78,987

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

71,580

78,887

SHAREHOLDERS' FUNDS

71,680

78,987

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 September 2026 and were signed by:

A D Bewley - Director

1.	STATUTORY INFORMATION

AJB Funerals Ltd 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.

Turnover

Turnover represents net invoiced sales of services.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings

-

not provided

Plant and machinery etc

-

33% on cost, 25% on cost, 25% on reducing balance, 20% on cost and 15% on reducing balance

Deprecation on land is deemed as insignificant due to its high residual and therefore no depreciation has been provided for.

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 period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Going concern

The directors have assessed whether the company is a going concern and have considered all available information about the future and are confident of the company's ability to continue as a going concern.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 14 (2025 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 March 2025

581,459

719,873

1,301,332

Additions

-

127,760

Disposals

-

(166,010

)

(166,010

)

At 31 May 2026

581,459

681,623

1,263,082

DEPRECIATION

At 1 March 2025

-

328,477

Charge for period

-

138,127

Eliminated on disposal

-

(79,217

)

(79,217

)

At 31 May 2026

-

387,387

NET BOOK VALUE

At 31 May 2026

581,459

294,236

875,695

At 28 February 2025

581,459

391,396

972,855

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 March 2025

460,088

Additions

116,749

Disposals

(148,940

)

At 31 May 2026

427,897

DEPRECIATION

At 1 March 2025

194,884

Charge for period

86,946

Eliminated on disposal

(64,458

)

At 31 May 2026

217,372

NET BOOK VALUE

At 31 May 2026

210,525

At 28 February 2025

265,204

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/5/26

28/2/25

£

Trade debtors

126,237

95,931

Other debtors

16,057

40,012

142,294

135,943

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/5/26

28/2/25

£

Bank loans and overdrafts

76,427

90,479

Hire purchase contracts

56,230

68,250

Trade creditors

70,420

190,209

Taxation and social security

42,981

23,719

Other creditors

139,129

47,200

385,187

419,857

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/5/26

28/2/25

£

Bank loans

423,268

434,881

Hire purchase contracts

124,487

132,040

547,755

566,921

8.	SECURED DEBTS

The following secured debts are included within creditors:

31/5/26

28/2/25

£

Bank overdrafts

67,032

70,042

Bank loans

432,663

455,318

499,695

525,360

The director, A Bewley, and Mrs K Bewley have a joint and several guarantee limited to £110,000.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 May 2026 and the year ended 28 February 2025:

31/5/26

28/2/25

£

A D Bewley

Balance outstanding at start of period

(15,441

)

(16,442

)

Amounts advanced

123,689

22,389

Amounts repaid

(36,799

)

(21,388

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

71,449

(15,441

)

Mrs K Bewley and J Bewley

Balance outstanding at start of period

10,648

17,259

Amounts advanced

73,918

77,389

Amounts repaid

(84,566

)

(84,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

-

10,648

K Bewley resigned as Director on 26 November 2025. At this date, the balance due to K Bewley was £27,930. The balance was transferred and is now included in Other Creditors.