Country Memorials Limited

Contents

Abridged Balance Sheet	1 to 2
Notes to the Unaudited Abridged Financial Statements	3 to 5

Country Memorials Limited

(Registration number: 12035600)
Abridged Balance Sheet as at 30 June 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	171,802	130,965
Other financial assets	5	15	15
		171,817	130,980
Current assets
Stocks		6,000	4,500
Debtors		11,634	20,274
Cash at bank and in hand		17,925	42,515
		35,559	67,289
Creditors: Amounts falling due within one year		(41,946)	(48,116)
Net current (liabilities)/assets		(6,387)	19,173
Total assets less current liabilities		165,430	150,153
Provisions for liabilities		(16,834)	(21,113)
Net assets		148,596	129,040
Capital and reserves
Called up share capital		100	100
Profit and loss account		148,496	128,940
Total equity		148,596	129,040

Country Memorials Limited

(Registration number: 12035600)
Abridged Balance Sheet as at 30 June 2026

For the financial year ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 6 October 2026
 

Mr R D Steele

Director

Country Memorials Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales (company number 12035600).

The address of its registered office is:
Folly Cottage
Furley
Membury
Axminster
Devon
EX13 7TR

These financial statements were authorised for issue by the director on 6 October 2026.

2	Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable the future economic benefits will flow into the entity, and specific criteria have been met for each of the company activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

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 assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Country Memorials Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2026

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Leasehold Improvements	6% straight line
Motor vehicles	25% reducing balance
Plant and machinery	25% reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2025 - 2).

4	Tangible assets

	Total £
Cost or valuation
At 1 July 2025	212,973
Additions	67,815
At 30 June 2026	280,788
Depreciation
At 1 July 2025	82,009
Charge for the year	26,977
At 30 June 2026	108,986
Carrying amount
At 30 June 2026	171,802
At 30 June 2025	130,965

Country Memorials Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2026

5	Other financial assets (current and non-current)

	Financial assets at cost less impairment £	Total £
Non-current financial assets
Cost or valuation
At 1 July 2025	15	15
At 30 June 2026	15	15
Carrying amount
At 30 June 2026	15	15

6	Creditors: amounts falling due after more than one year

Bank borrowings

Bank borrowings have a carrying amount at year end is £Nil (2025 - £4,538). The borrowings relate to a Bounce Back loan. The UK Government has provided a full guarantee in respect of the security of this loan.

7	Related party transactions

Advances to directors Mr R D Steele During the period Mr R D Steele went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £7,097 (2025 - £3,360). At the year end the amount outstanding from Mr R D Steele was £Nil (2025 - £Nil).