Dignity Pet Crematorium Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 04317817 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2022

for

Dignity Pet Crematorium Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

K Spurgeon

REGISTERED OFFICE:

Odiham Road

Winchfield

Hampshire

RG27 8BU

REGISTERED NUMBER:

04317817 (England and Wales)

FIXED ASSETS

Intangible assets

4

16,329

16,258

Tangible assets

5

1,312,522

884,441

1,328,851

900,699

CURRENT ASSETS

Stocks

40,292

49,642

Debtors

6

93,114

118,017

Prepayments and accrued income

306,033

190,939

Cash at bank and in hand

158,505

624,422

597,944

983,020

CREDITORS

Amounts falling due within one year

7

398,313

572,079

NET CURRENT ASSETS

199,631

410,941

TOTAL ASSETS LESS CURRENT LIABILITIES

1,528,482

1,311,640

CREDITORS

Amounts falling due after more than one year

8

769,777

639,072

NET ASSETS

758,705

672,568

CAPITAL AND RESERVES

Called up share capital

100

100

Share premium

340,705

340,705

Retained earnings

417,900

331,763

758,705

672,568

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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 21 September 2023 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

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.

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 43 (2021 - 39 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2022

16,258

Additions

420

At 31 December 2022

16,678

AMORTISATION

Charge for year

349

At 31 December 2022

349

NET BOOK VALUE

At 31 December 2022

16,329

At 31 December 2021

16,258

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2022

686,500

461,234

1,147,734

Additions

370,955

118,247

489,202

At 31 December 2022

1,057,455

579,481

1,636,936

DEPRECIATION

At 1 January 2022

-

263,293

263,293

Charge for year

-

61,121

61,121

At 31 December 2022

-

324,414

324,414

NET BOOK VALUE

At 31 December 2022

1,057,455

255,067

1,312,522

At 31 December 2021

686,500

197,941

884,441

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.22

31.12.21

£

£

Trade debtors

59,563

71,549

Amounts owed by associates

23,142

16,674

Other debtors

10,409

29,794

93,114

118,017

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.22

31.12.21

£

£

Bank loans and overdrafts

106,645

232,038

Trade creditors

109,297

42,625

Taxation and social security

136,174

262,356

Other creditors

46,197

35,060

398,313

572,079

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.22

31.12.21

£

£

Bank loans

769,777

639,072

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

567,860