IRIS Accounts Production v23.2.0.158 06440282 Board of Directors Board of Directors Board of Directors 1.12.22 30.11.23 30.11.23 false true false false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure064402822022-11-30064402822023-11-30064402822022-12-012023-11-30064402822021-11-30064402822021-12-012022-11-30064402822022-11-3006440282ns16:EnglandWales2022-12-012023-11-3006440282ns15:PoundSterling2022-12-012023-11-3006440282ns11:Director12022-12-012023-11-3006440282ns11:Director22022-12-012023-11-3006440282ns11:Director32022-12-012023-11-3006440282ns11:PrivateLimitedCompanyLtd2022-12-012023-11-3006440282ns11:SmallEntities2022-12-012023-11-3006440282ns11:AuditExempt-NoAccountantsReport2022-12-012023-11-3006440282ns11:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3006440282ns11:SmallCompaniesRegimeForAccounts2022-12-012023-11-3006440282ns11:FullAccounts2022-12-012023-11-300644028212022-12-012023-11-3006440282ns11:OrdinaryShareClass12022-12-012023-11-3006440282ns11:OrdinaryShareClass22022-12-012023-11-3006440282ns11:OrdinaryShareClass32022-12-012023-11-3006440282ns11:RegisteredOffice2022-12-012023-11-3006440282ns6:CurrentFinancialInstruments2023-11-3006440282ns6:CurrentFinancialInstruments2022-11-3006440282ns6:Non-currentFinancialInstruments2023-11-3006440282ns6:Non-currentFinancialInstruments2022-11-3006440282ns6:ShareCapital2023-11-3006440282ns6:ShareCapital2022-11-3006440282ns6:RetainedEarningsAccumulatedLosses2023-11-3006440282ns6:RetainedEarningsAccumulatedLosses2022-11-3006440282ns6:NetGoodwill2022-12-012023-11-3006440282ns6:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3006440282ns6:LandBuildings2022-12-012023-11-3006440282ns6:PlantMachinery2022-12-012023-11-3006440282ns6:NetGoodwill2022-11-3006440282ns6:NetGoodwill2023-11-3006440282ns6:NetGoodwill2022-11-3006440282ns6:LandBuildings2022-11-3006440282ns6:PlantMachinery2022-11-3006440282ns6:LandBuildings2023-11-3006440282ns6:PlantMachinery2023-11-3006440282ns6:LandBuildings2022-11-3006440282ns6:PlantMachinery2022-11-3006440282ns6:WithinOneYearns6:CurrentFinancialInstruments2023-11-3006440282ns6:WithinOneYearns6:CurrentFinancialInstruments2022-11-3006440282ns6:WithinOneYear2023-11-3006440282ns6:WithinOneYear2022-11-3006440282ns6:BetweenOneFiveYears2023-11-3006440282ns6:BetweenOneFiveYears2022-11-3006440282ns6:AllPeriods2023-11-3006440282ns6:AllPeriods2022-11-3006440282ns6:DeferredTaxation2022-11-3006440282ns6:DeferredTaxation2022-12-012023-11-3006440282ns6:DeferredTaxation2023-11-3006440282ns11:OrdinaryShareClass12023-11-3006440282ns11:OrdinaryShareClass22023-11-3006440282ns11:OrdinaryShareClass32023-11-30
REGISTERED NUMBER: 06440282 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

LIGHTFOOTS FUNERAL SERVICES LIMITED

LIGHTFOOTS FUNERAL SERVICES LIMITED (REGISTERED NUMBER: 06440282)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


LIGHTFOOTS FUNERAL SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: Mr J A Hulme
Mr J W Hulme
Mr N F Hulme





REGISTERED OFFICE: 119 Manchester Road
Wilmslow
Cheshire
SK9 2JJ





REGISTERED NUMBER: 06440282 (England and Wales)





ACCOUNTANTS: Allens Accountants Limited
Chartered Accountants
123 Wellington Road South
Stockport
Cheshire
SK1 3TH

LIGHTFOOTS FUNERAL SERVICES LIMITED (REGISTERED NUMBER: 06440282)

BALANCE SHEET
30 NOVEMBER 2023

30/11/23 30/11/22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 622,639 620,749
622,639 620,749

CURRENT ASSETS
Stocks 11,567 9,775
Debtors 6 78,981 98,534
Cash at bank and in hand 47,243 73,455
137,791 181,764
CREDITORS
Amounts falling due within one year 7 411,391 446,670
NET CURRENT LIABILITIES (273,600 ) (264,906 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

349,039

355,843

CREDITORS
Amounts falling due after more than one
year

8

(17,375

)

(27,460

)

PROVISIONS FOR LIABILITIES 10 (41,225 ) (29,448 )
NET ASSETS 290,439 298,935

CAPITAL AND RESERVES
Called up share capital 11 1,000 1,000
Retained earnings 289,439 297,935
SHAREHOLDERS' FUNDS 290,439 298,935

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

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

LIGHTFOOTS FUNERAL SERVICES LIMITED (REGISTERED NUMBER: 06440282)

BALANCE SHEET - continued
30 NOVEMBER 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 14 February 2024 and were signed on its behalf by:




Mr J A Hulme - Director Mr J W Hulme - Director




Mr N F Hulme - Director


LIGHTFOOTS FUNERAL SERVICES LIMITED (REGISTERED NUMBER: 06440282)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Lightfoots Funeral Services 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.

2. ACCOUNTING POLICIES

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

Turnover
Turnover represents the total amount receivable by the company for goods supplied and services provided, the company is not vat registered as it makes exempt supplies and turnover is recognised based on the date of the funeral of the deceased.

Goodwill
The business of the company was acquired from a third party and the the value of the assets acquired exceeded the price paid giving rise to negative goodwill.

This negative goodwill has been recognised as an intangible asset and is to be amortised from the date of acquisition over the directors' estimate of it's useful economic life, which has been assessed as 6 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.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on cost, 15% on reducing balance, 5% on cost and Straight line over 20 years

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 balance sheet date.


LIGHTFOOTS FUNERAL SERVICES LIMITED (REGISTERED NUMBER: 06440282)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

2. ACCOUNTING POLICIES - continued
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.

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.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 (11,121 )
AMORTISATION
At 1 December 2022
and 30 November 2023 (11,121 )
NET BOOK VALUE
At 30 November 2023 -
At 30 November 2022 -

LIGHTFOOTS FUNERAL SERVICES LIMITED (REGISTERED NUMBER: 06440282)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 December 2022 457,988 285,523 743,511
Additions - 27,569 27,569
At 30 November 2023 457,988 313,092 771,080
DEPRECIATION
At 1 December 2022 17,199 105,563 122,762
Charge for year 5,160 20,519 25,679
At 30 November 2023 22,359 126,082 148,441
NET BOOK VALUE
At 30 November 2023 435,629 187,010 622,639
At 30 November 2022 440,789 179,960 620,749

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Trade debtors 51,482 69,573
Other debtors 27,499 28,961
78,981 98,534

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Bank loans and overdrafts 10,085 9,830
Trade creditors 7,605 14,213
Taxation and social security 20,290 23,906
Other creditors 373,411 398,721
411,391 446,670

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/11/23 30/11/22
£    £   
Bank loans 17,375 27,460

LIGHTFOOTS FUNERAL SERVICES LIMITED (REGISTERED NUMBER: 06440282)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30/11/23 30/11/22
£    £   
Within one year 12,176 12,176
Between one and five years 4,059 16,235
16,235 28,411

10. PROVISIONS FOR LIABILITIES
30/11/23 30/11/22
£    £   
Deferred tax
Capital allowances in excess of Depreciation 41,225 29,448

Deferred
tax
£   
Balance at 1 December 2022 29,448
Charge to Statement of Income and Retained Earnings during year 11,777
Balance at 30 November 2023 41,225

Deferred tax arises as a result of accelerated capital allowances on fixed assets.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/11/23 30/11/22
value: £    £   
800 Ordinary A £1 800 800
100 Ordinary B £1 100 100
100 Ordinary C £1 100 100
1,000 1,000