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REGISTERED NUMBER: 09002718 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 June 2023

for

Albert Pratt Funeral Directors Ltd

Albert Pratt Funeral Directors Ltd (Registered number: 09002718)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Albert Pratt Funeral Directors Ltd

Company Information
for the Year Ended 30 June 2023







DIRECTORS: A F Pratt
H Phillips





SECRETARY: H Phillips





REGISTERED OFFICE: Private Chapel of Rest
Rear of 146 Main Street
Wilsden
Bradford
West Yorkshire
BD15 0AS





REGISTERED NUMBER: 09002718 (England and Wales)





ACCOUNTANTS: Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS

Albert Pratt Funeral Directors Ltd (Registered number: 09002718)

Statement of Financial Position
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 75,130 81,960
Tangible assets 6 42,657 49,843
117,787 131,803

CURRENT ASSETS
Stocks 1,000 1,000
Debtors 7 22,141 9,611
Cash at bank and in hand 129,876 75,211
153,017 85,822
CREDITORS
Amounts falling due within one year 8 51,248 25,492
NET CURRENT ASSETS 101,769 60,330
TOTAL ASSETS LESS CURRENT
LIABILITIES

219,556

192,133

PROVISIONS FOR LIABILITIES 9 - 902
NET ASSETS 219,556 191,231

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 219,456 191,131
SHAREHOLDERS' FUNDS 219,556 191,231

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 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.

Albert Pratt Funeral Directors Ltd (Registered number: 09002718)

Statement of Financial Position - continued
30 June 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 October 2023 and were signed on its behalf by:





H Phillips - Director


Albert Pratt Funeral Directors Ltd (Registered number: 09002718)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Albert Pratt Funeral Directors Ltd 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the amounts received or receivable for goods and services provided to customers, excluding VAT.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of twenty years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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 Statement of Income and Retained Earnings, 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 statement of financial position date.


Albert Pratt Funeral Directors Ltd (Registered number: 09002718)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 9 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2022
and 30 June 2023 136,600
AMORTISATION
At 1 July 2022 54,640
Charge for year 6,830
At 30 June 2023 61,470
NET BOOK VALUE
At 30 June 2023 75,130
At 30 June 2022 81,960

Albert Pratt Funeral Directors Ltd (Registered number: 09002718)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

6. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 July 2022 16,752 19,718 3,903
Additions - - 150
At 30 June 2023 16,752 19,718 4,053
DEPRECIATION
At 1 July 2022 - 12,323 2,171
Charge for year - 1,109 282
At 30 June 2023 - 13,432 2,453
NET BOOK VALUE
At 30 June 2023 16,752 6,286 1,600
At 30 June 2022 16,752 7,395 1,732

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 July 2022 72,580 3,343 116,296
Additions - 408 558
At 30 June 2023 72,580 3,751 116,854
DEPRECIATION
At 1 July 2022 49,278 2,681 66,453
Charge for year 5,825 528 7,744
At 30 June 2023 55,103 3,209 74,197
NET BOOK VALUE
At 30 June 2023 17,477 542 42,657
At 30 June 2022 23,302 662 49,843

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 18,971 6,510
Prepayments 3,170 3,101
22,141 9,611

Albert Pratt Funeral Directors Ltd (Registered number: 09002718)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade creditors 16,474 6,915
Tax 25,648 11,554
Directors' current accounts 1,022 43
Accrued expenses 8,104 6,980
51,248 25,492

9. PROVISIONS FOR LIABILITIES
30.6.23 30.6.22
£    £   
Deferred tax - 902

Deferred
tax
£   
Balance at 1 July 2022 902
Credit to Statement of Income and Retained Earnings during year (902 )
Balance at 30 June 2023 -

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Albert Pratt Funeral Directors Ltd

The following reproduces the text of the report prepared for the directors 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 Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Albert Pratt Funeral Directors Ltd for the year ended 30 June 2023 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Albert Pratt Funeral Directors Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Albert Pratt Funeral Directors Ltd and state those matters that we have agreed to state to the Board of Directors of Albert Pratt Funeral Directors Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Albert Pratt Funeral Directors Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Albert Pratt Funeral Directors Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Albert Pratt Funeral Directors Ltd. You consider that Albert Pratt Funeral Directors Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Albert Pratt Funeral Directors Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS


17 October 2023