David Robb Independent Funeral Directors - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC530971 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2018

FOR

DAVID ROBB INDEPENDENT FUNERAL

DIRECTORS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

D Robb

REGISTERED OFFICE:

1666-1668 Shettleston Road

Glasgow

G32 9AN

REGISTERED NUMBER:

SC530971 (Scotland)

ACCOUNTANTS:

J Gilmour Limited

Chartered Certified Accountants

24 Clydeview

Bothwell

Glasgow

Lanarkshire

G71 8NW

FIXED ASSETS

Tangible assets

4

46,893

25,526

CURRENT ASSETS

Debtors

5

38,592

-

Cash at bank

8,070

4,401

46,662

4,401

CREDITORS

Amounts falling due within one year

6

73,250

41,228

NET CURRENT LIABILITIES

(26,588

)

(36,827

)

TOTAL ASSETS LESS CURRENT LIABILITIES

20,305

(11,301

)

CREDITORS

Amounts falling due after more than one year

7

(24,283

)

-

PROVISIONS FOR LIABILITIES

8

(8,909

)

(2,712

)

NET LIABILITIES

(12,887

)

(14,013

)

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

10

(12,888

)

(14,014

)

SHAREHOLDERS' FUNDS

(12,887

)

(14,013

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 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 by the director on 30 September 2018 and were signed by:

D Robb - Director

1.	STATUTORY INFORMATION

David Robb Independent Funeral Directors Ltd is a private company, limited by shares , registered in Scotland.

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 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 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.

Improvements to property

-

10% on cost

Fixtures and fittings

-

25% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

property

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2017

12,500

19,035

-

31,535

Additions

-

-

36,500

36,500

At 31 March 2018

12,500

19,035

36,500

68,035

DEPRECIATION

At 1 April 2017

1,250

4,759

-

6,009

Charge for year

1,250

4,758

9,125

15,133

At 31 March 2018

2,500

9,517

9,125

21,142

NET BOOK VALUE

At 31 March 2018

10,000

9,518

27,375

46,893

At 31 March 2017

11,250

14,276

-

25,526

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade debtors

38,592

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Hire purchase contracts

6,200

-

Trade creditors

18,019

-

Directors' current accounts

41,469

40,230

Accrued expenses

7,562

998

73,250

41,228

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.18

31.3.17

£

£

Hire purchase contracts

24,283

-

8.	PROVISIONS FOR LIABILITIES

31.3.18

31.3.17

£

£

Deferred tax

Accelerated capital allowances

8,909

2,712

Deferred

tax

£

Balance at 1 April 2017

2,712

Accelerated capital allowances

6,197

Balance at 31 March 2018

8,909

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.18

31.3.17

value:

£

£

1

Ordinary

1

1

1

10.

RESERVES

Retained

earnings

£

At 1 April 2017

(14,014

)

Profit for the year

1,126

At 31 March 2018

(12,888

)

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 March 2018 and the period

ended 31 March 2017:

31.3.18

31.3.17

£

£

D Robb

Balance outstanding at start of year

(40,230

)

-

Amounts advanced

10,761

1,084

Amounts repaid

(12,000

)

(41,314

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(41,469

)

(40,230

)

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2018 set out on pages two to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

J Gilmour Limited

Chartered Certified Accountants

24 Clydeview

Bothwell

Glasgow

Lanarkshire

G71 8NW

30 September 2018