Dignity Pet Crematorium Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04317817 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2020

for

Dignity Pet Crematorium Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

K Spurgeon

REGISTERED OFFICE:

Brickfields

Odiham Road

Winchfield

Hampshire

RG27 8BU

REGISTERED NUMBER:

04317817 (England and Wales)

FIXED ASSETS

Tangible assets

4

809,565

589,906

CURRENT ASSETS

Stocks

32,331

14,441

Debtors

5

76,975

76,939

Prepayments and accrued income

164,995

182,931

Cash at bank and in hand

659,102

515,157

933,403

789,468

CREDITORS

Amounts falling due within one year

6

393,936

255,325

NET CURRENT ASSETS

539,467

534,143

TOTAL ASSETS LESS CURRENT LIABILITIES

1,349,032

1,124,049

CREDITORS

Amounts falling due after more than one year

7

840,641

653,094

NET ASSETS

508,391

470,955

CAPITAL AND RESERVES

Called up share capital

100

100

Share premium

340,705

340,705

Retained earnings

167,586

130,150

508,391

470,955

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 July 2021 and were signed by:

K Spurgeon - Director

1.	STATUTORY INFORMATION

Dignity Pet Crematorium 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.

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.

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.

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 33 (2019 - 31 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2020

471,801

140,195

611,996

Additions

192,101

67,073

259,174

At 31 December 2020

663,902

207,268

871,170

DEPRECIATION

At 1 January 2020

-

22,090

22,090

Charge for year

-

39,515

39,515

At 31 December 2020

-

61,605

61,605

NET BOOK VALUE

At 31 December 2020

663,902

145,663

809,565

At 31 December 2019

471,801

118,105

589,906

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.20

31.12.19

£

£

Trade debtors

70,409

74,303

Amounts owed by associates

3,096

2,636

Other debtors

3,470

-

76,975

76,939

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.20

31.12.19

£

£

Bank loans and overdrafts

69,410

47,053

Trade creditors

72,536

37,240

Taxation and social security

242,785

135,737

Other creditors

9,205

35,295

393,936

255,325

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.20

31.12.19

£

£

Bank loans

840,641

653,094

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

357,904

466,899