Accounts filed on 19-09-2018

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			Company registration number:00389970
		J PIDGEON & SON LIMITED
			FINANCIAL STATEMENTS
			FOR THE PERIOD ENDED 19 September 2018

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J PIDGEON & SON LIMITED
BALANCE SHEET
AS AT 19 September 2018
					2018				2017
				Notes	£		£		£		£
FIXED ASSETS
Tangible assets				3			1,081,896				1,430,665
Investments				4			83,625				83,625
							1,165,521				1,514,290
CURRENT ASSETS
Stocks					100,270				98,416
Debtors				5	1,506,665				395,972
Cash at bank and in hand					444,300				489,550
					2,051,235				983,938
CREDITORS
Amounts falling due within one year				6	(225,604)				(756,921)
NET CURRENT ASSETS							1,825,631				227,017
TOTAL ASSETS LESS
CURRENT LIABILITIES							2,991,152				1,741,307
Creditors falling due after one year				7			(0)				(63,252)
PROVISIONS FOR LIABILITIES							(20,588)				(31,699)
NET ASSETS							2,970,564				1,646,356
CAPITAL AND RESERVES
Called-up equity share capital				8			10,000				10,000
Profit and loss account							2,960,564				1,636,356
SHAREHOLDERS FUNDS							2,970,564				1,646,356
For the period ending 19 September 2018 the company was entitled to exempt under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of the 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. Approved by the board of directors on 27 November 2018 and signed on its behalf.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small companies' regime.
..........................................................................
S J Barrick
27 November 2018
The annexed notes form part of these financial statements.

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J PIDGEON & SON LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 19 SEPTEMBER 2018
				Share	Share	P and L	Revaluation	Other	Total
				Capital	Premium	Account	reserve	reserves	equity
				£	£	£	£	£	£
	Balance at 23 September 2016			10,000	0	1,569,534	0	0	1,579,534
	Changes in equity
	Dividend			0	0	(250,000)	0	0	(250,000)
	Total Comprehensive Income			0	0	316,822	0	0	316,822
	Balance at 22 September 2017			10,000	0	1,636,356	0	0	1,646,356
	Changes in equity
	Dividend			0	0	(200,000)	0	0	(200,000)
	Total comprehensive income			0	0	1,524,208	0	0	1,524,208
	Balance at 19 September 2018			10,000	0	2,960,564	0	0	2,970,564

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J PIDGEON & SON LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 19 SEPTEMBER 2018

1.

Accounting policies

Basis of preparing the financial statements

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

This represents funeral services provided and commissions earned, both of which are exempt from value added tax, and excludes bank interest earned and rents received which are reflected separately in the financial statements.

Fixed Assets

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

Plant10% Plant33% on Computer Equipment

Fixtures10%

Vehicles25% on reducing balance

Land2%

Stocks and Work In Progress

Stocks are valued at the lower of cost or net realisable value, after making due allowance for obsolete and slow moving items.

Deferred Taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Pension Scheme

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. Contributions payable for the year are charged in the profit and loss account.

2.

Employees

The average number of employees during the year, including the directors was 22.

3.	Tangible fixed assets
				Total
	Cost
	At start of period			2,477,932
	Additions			362,299
	Disposals			(817,586)
	At end of period			2,022,645
	Depreciation
	At start of period			1,047,267
	Provided during the period			298,271
	On disposals			(404,789)
	At end of period			940,749
	Net Book Value
	At start of period			1,430,665
	At end of period			1,081,896

4.	Fixed asset investments
				Total
	Cost
	At start of period			83,625
	At end of period			83,625
	Carrying amount:
	At start of period			83,625
	At end of period			83,625

5.	Debtors
					2018	2017
					£	£
	Due within one year
	Trade Debtors				179,876	271,694
	Other Debtors				1,301,063	124,278
	Prepayments and accrued income				25,726	0
					1,506,665	395,972
	John Pidgeon purchased 8 properties from the company on the 19th September 2018 for the sum of £1,300,000.

6.	Creditors due within one year
					2018	2017
					£	£
	Obligations under finance leases				0	14,601
	Trade creditors				79,471	66,988
	Corporation Tax				131,971	94,590
	Other taxes and social security costs				34,492	21,519
	Other creditors				5	3
	Accruals and deferred income				1,744	116,065
	Loan from directors				(22,079)	193,155
	Proposed dividend				0	250,000
					225,604	756,921
7.	Creditors due after one year
					2018	2017
					£	£
	Obligations under finance leases				0	63,252
					0	63,252

8.	Share capital				Alloted, Issued and fully paid
					2018	2017
					£	£
	Issued and fully paid				10,000	10,000
	Total issued share capital				10,000	10,000