Bristol Memorial Woodlands Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 03757061 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2017

FOR

BRISTOL MEMORIAL WOODLANDS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr C H Baker

Mr P H Baker

Mr C Wilcox

REGISTERED OFFICE:

Rubis House

15 Friarn Street

Bridgwater

Somerset

TA6 3LH

BUSINESS ADDRESS:

Earthcott Green

Alverston

Bristol

BS35 3TA

REGISTERED NUMBER:

03757061 (England and Wales)

ACCOUNTANTS:

Aspen Waite Limited

Chartered Accountants

Rubis House

15 Friarn Street

Bridgwater

Somerset

TA6 3LH

FIXED ASSETS

Tangible assets

4

246,662

200,812

CURRENT ASSETS

Stocks

1,038,338

1,055,674

Debtors

5

207,615

270,489

Cash at bank and in hand

417,935

81,075

1,663,888

1,407,238

CREDITORS

Amounts falling due within one year

6

(1,279,646

)

(1,006,896

)

NET CURRENT ASSETS

384,242

400,342

TOTAL ASSETS LESS CURRENT LIABILITIES

630,904

601,154

CREDITORS

Amounts falling due after more than one year

7

(63,984

)

(80,400

)

PROVISIONS FOR LIABILITIES

-

(392

)

NET ASSETS

566,920

520,362

CAPITAL AND RESERVES

Called up share capital

950

950

Share premium

248,052

248,052

Capital redemption reserve

50

50

Retained earnings

317,868

271,310

SHAREHOLDERS' FUNDS

566,920

520,362

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors on 24th January 2018 and were signed on its behalf by:

Mr C H Baker - Director

1.	STATUTORY INFORMATION

Bristol Memorial Woodlands 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the value, net value added tax and discounts, of goods provided to customers and work

carried out in respect of services to customers.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful

life.

Freehold land & property - see note below

Plant and machinery - 25% on reducing balance basis

Computer equipment - 33.33% on straight line basis

Depreciation is provided on freehold property land and property where material over the economic life of the

building.

Stocks

Land stock represents the cost value of the burial grounds, the chapel and the associated buildings. Land stock

has been divided per plot and will be realised in the profit and loss account upon the sale of a plot.

Hire purchase and leasing commitments

Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and

rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and

depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance

sheet as a liability.

The interest element of the rental obligations is charged to the profit and loss account over the period of the lease

and represents a constant proportion of the balance of capital repayments outstanding.

Rentals paid under operating leases are charged to income on a straight line basis over the lease term.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 .

4.	TANGIBLE FIXED ASSETS

Freehold

Fixtures

land and

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st May 2016

162,961

96,447

145,621

15,573

420,602

Additions

20,364

1,276

12,424

335

34,399

Reclassification/transfer

25,000

-

-

-

25,000

At 30th April 2017

208,325

97,723

158,045

15,908

480,001

DEPRECIATION

At 1st May 2016

-

92,075

114,406

13,309

219,790

Charge for year

-

1,412

10,912

1,225

13,549

At 30th April 2017

-

93,487

125,318

14,534

233,339

NET BOOK VALUE

At 30th April 2017

208,325

4,236

32,727

1,374

246,662

At 30th April 2016

162,961

4,372

31,215

2,264

200,812

No depreciation has been charged for freehold property as the residual value is higher than the original cost.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/17

30/4/16

£

£

Trade debtors

44,889

31,316

Other debtors

4,875

10,862

Amts owed by undertakings under common control

138,882

214,984

VAT

-

2,794

Prepayments

18,969

10,533

207,615

270,489

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/17

30/4/16

£

£

Bank loans and overdrafts

67,562

118,708

Trade creditors

65,275

72,888

Corporation tax

24,213

32,685

Social security and other taxes

3,840

474

VAT

5,219

-

Other creditors

345,078

523,214

Amts owed to undertakings under common control

567,432

-

Directors' current accounts

178,299

230,409

Accruals and deferred income

22,728

28,518

1,279,646

1,006,896

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30/4/17

30/4/16

£

£

Bank loans due more than 1 year

63,984

80,400

8.	SECURED DEBTS

The following secured debts are included within creditors:

30/4/17

30/4/16

£

£

Bank loans

131,546

199,108

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by Mr C H Baker.

10.	FIRST YEAR ADOPTION

These are the first financial statements that comply with Section 1A of FRS 102. The policies applied under the

entity's previous accounting framework are not materially different to Section 1A of FRS 102 and have not

impacted on the equity or profit or loss.