Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-280The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true2022-03-01falseFuneral services1410true 04632601 2022-03-01 2023-02-28 04632601 2021-03-01 2022-02-28 04632601 2023-02-28 04632601 2022-02-28 04632601 2021-03-01 04632601 c:Director3 2022-03-01 2023-02-28 04632601 d:Buildings 2022-03-01 2023-02-28 04632601 d:Buildings 2023-02-28 04632601 d:Buildings 2022-02-28 04632601 d:Buildings d:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 04632601 d:Buildings d:LeasedAssetsHeldAsLessee 2022-03-01 2023-02-28 04632601 d:Buildings d:LongLeaseholdAssets 2022-03-01 2023-02-28 04632601 d:Buildings d:LongLeaseholdAssets 2023-02-28 04632601 d:Buildings d:LongLeaseholdAssets 2022-02-28 04632601 d:LandBuildings 2023-02-28 04632601 d:LandBuildings 2022-02-28 04632601 d:PlantMachinery 2022-03-01 2023-02-28 04632601 d:PlantMachinery 2023-02-28 04632601 d:PlantMachinery 2022-02-28 04632601 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 04632601 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2022-03-01 2023-02-28 04632601 d:MotorVehicles 2022-03-01 2023-02-28 04632601 d:MotorVehicles 2023-02-28 04632601 d:MotorVehicles 2022-02-28 04632601 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 04632601 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2022-03-01 2023-02-28 04632601 d:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 04632601 d:LeasedAssetsHeldAsLessee 2022-03-01 2023-02-28 04632601 d:Goodwill 2023-02-28 04632601 d:Goodwill 2022-02-28 04632601 d:CurrentFinancialInstruments 2023-02-28 04632601 d:CurrentFinancialInstruments 2022-02-28 04632601 d:Non-currentFinancialInstruments 2023-02-28 04632601 d:Non-currentFinancialInstruments 2022-02-28 04632601 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 04632601 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 04632601 d:Non-currentFinancialInstruments d:AfterOneYear 2023-02-28 04632601 d:Non-currentFinancialInstruments d:AfterOneYear 2022-02-28 04632601 d:ShareCapital 2023-02-28 04632601 d:ShareCapital 2022-02-28 04632601 d:RetainedEarningsAccumulatedLosses 2023-02-28 04632601 d:RetainedEarningsAccumulatedLosses 2022-02-28 04632601 c:FRS102 2022-03-01 2023-02-28 04632601 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 04632601 c:FullAccounts 2022-03-01 2023-02-28 04632601 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 04632601 d:AcceleratedTaxDepreciationDeferredTax 2023-02-28 04632601 d:AcceleratedTaxDepreciationDeferredTax 2022-02-28 04632601 d:RetirementBenefitObligationsDeferredTax 2023-02-28 04632601 d:RetirementBenefitObligationsDeferredTax 2022-02-28 04632601 d:Goodwill d:OwnedIntangibleAssets 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure

Registered number: 04632601










HAROLD LILLEKER & SONS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

 
HAROLD LILLEKER & SONS LIMITED
REGISTERED NUMBER: 04632601

BALANCE SHEET
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
-
2,250

Tangible assets
 5 
306,734
290,664

  
306,734
292,914

Current assets
  

Stocks
  
18,151
5,400

Debtors: amounts falling due within one year
 6 
233,150
90,686

Cash at bank and in hand
  
136,285
124,071

  
387,586
220,157

Creditors: amounts falling due within one year
 7 
(256,387)
(90,940)

Net current assets
  
 
 
131,199
 
 
129,217

Total assets less current liabilities
  
437,933
422,131

Creditors: amounts falling due after more than one year
 8 
(49,505)
(67,211)

Provisions for liabilities
  

Deferred tax
 9 
(15,495)
(7,556)

Net assets
  
372,933
347,364


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
372,833
347,264

  
372,933
347,364


Page 1

 
HAROLD LILLEKER & SONS LIMITED
REGISTERED NUMBER: 04632601
    
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 3 November 2023.




D T Lilleker
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
HAROLD LILLEKER & SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

Harold Lilleker & Sons Limited is a private company limited by shares, incorporated in England and Wales (registered number: 04632601). Its registered office is 369 Hasland Road, Hasland, Chesterfield, Derbyshire, S41 0AQ. The principal activity of the Company throughout the year continued to be that of funeral directors.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The Company's functional and presentation currency is pounds sterling.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
HAROLD LILLEKER & SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)

 
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to the Statement of Income and Retained Earnings at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure.

 
2.4

Pensions

Defined contribution pension plan
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
The contributions are recognised as an expense in the Statement of Income and Retained Earnings when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

Current and deferred taxation

Tax is recognised in the Statement of Income and Retained Earnings.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date in the countries where the Company operates and generates income.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. 

 
2.6

Intangible assets

Goodwill
Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis to the Statement of Income and Retained Earnings over its useful economic life which is twenty years.

Page 4

 
HAROLD LILLEKER & SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold property
-
Not depreciated
Leasehold property Improv'nts
-
Not depreciated
Plant and machinery
-
15%
reducing balance
Motor vehicles
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in Statement of Income and Retained Earnings.

 
2.8

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction,  the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


Employees

The average monthly number of employees, including directors, during the year was 14 (2022 - 10).

Page 5

 
HAROLD LILLEKER & SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

4.


Intangible assets




Goodwill

£



Cost


At 1 March 2022
45,000



At 28 February 2023

45,000



Amortisation


At 1 March 2022
42,750


Charge for the year on owned assets
2,250



At 28 February 2023

45,000



Net book value



At 28 February 2023
-



At 28 February 2022
2,250



Page 6

 
HAROLD LILLEKER & SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

5.


Tangible fixed assets





Freehold property
Leasehold Property improv'nts
Plant and machinery
Motor vehicles
Total

£
£
£
£
£



Cost or valuation


At 1 March 2022
18,541
63,891
87,153
282,114
451,699


Additions
-
-
20,685
51,250
71,935



At 28 February 2023

18,541
63,891
107,838
333,364
523,634



Depreciation


At 1 March 2022
-
-
26,553
134,482
161,035


Charge for the year on owned assets
-
-
10,231
36,527
46,758


Charge for the year on financed assets
-
-
-
9,107
9,107



At 28 February 2023

-
-
36,784
180,116
216,900



Net book value



At 28 February 2023
18,541
63,891
71,054
153,248
306,734



At 28 February 2022
18,541
63,891
60,600
147,632
290,664




The net book value of land and buildings may be further analysed as follows:


2023
2022
£
£

Freehold
18,541
18,541

Long leasehold improvements
63,891
63,891

82,432
82,432


The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows £27,320 (2022: £36,427).

Page 7

 
HAROLD LILLEKER & SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

6.


Debtors

2023
2022
£
£


Trade debtors
173,982
79,725

Other debtors
52,885
2,471

Prepayments
6,283
8,490

233,150
90,686



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
10,000
10,021

Trade creditors
-
1,004

Corporation tax
28,012
31,976

Other taxation and social security
90,667
27,262

Hire purchase contracts
10,192
10,192

Other creditors
11,459
4,097

Accruals
106,057
6,388

256,387
90,940



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
30,000
40,000

Hire purchase contracts
19,505
27,211

49,505
67,211


Page 8

 
HAROLD LILLEKER & SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

9.


Deferred taxation




2023
2022


£

£






At beginning of year
7,556
1,099


Charged to the Statement of Income and Retained Earnings
7,939
6,457



At end of year
15,495
7,556

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
15,549
7,576

Pension surplus
(54)
(20)

15,495
7,556


10.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £2,499 (2022: £873). Contributions totalling £215 (2022: £104) were payable to the fund at the Balance Sheet date and are included in creditors.

 
Page 9