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REGISTERED NUMBER: 12954121 (England and Wales)















Unaudited Financial Statements

for the Period 1 November 2022 to 30 October 2023

for

H.J NEWINGTON FUNERAL DIRECTORS LTD

H.J NEWINGTON FUNERAL DIRECTORS LTD (REGISTERED NUMBER: 12954121)






Contents of the Financial Statements
for the period 1 November 2022 to 30 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


H.J NEWINGTON FUNERAL DIRECTORS LTD

Company Information
for the period 1 November 2022 to 30 October 2023







DIRECTOR: H J Newington





REGISTERED OFFICE: 96 Valley Road
Portslade
Brighton
East Sussex
BN41 2TL





REGISTERED NUMBER: 12954121 (England and Wales)





ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

H.J NEWINGTON FUNERAL DIRECTORS LTD (REGISTERED NUMBER: 12954121)

Balance Sheet
30 October 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 28,006 19,643

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 5 28,021 8,432
Cash at bank 56,979 21,847
90,000 35,279
CREDITORS
Amounts falling due within one year 6 (57,463 ) (42,625 )
NET CURRENT ASSETS/(LIABILITIES) 32,537 (7,346 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

60,543

12,297

PROVISIONS FOR LIABILITIES 7 (7,002 ) (3,732 )
NET ASSETS 53,541 8,565

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 53,441 8,465
SHAREHOLDERS' FUNDS 53,541 8,565

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

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

H.J NEWINGTON FUNERAL DIRECTORS LTD (REGISTERED NUMBER: 12954121)

Balance Sheet - continued
30 October 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 July 2024 and were signed by:





H J Newington - Director


H.J NEWINGTON FUNERAL DIRECTORS LTD (REGISTERED NUMBER: 12954121)

Notes to the Financial Statements
for the period 1 November 2022 to 30 October 2023

1. STATUTORY INFORMATION

H.J Newington 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Revenue from funeral operations comprises the amount recoverable from customers for the provision of funerals, income from crematoria and other services, to the extent that these services have been performed or the goods supplied.

The company pays certain disbursements such as fess in relation to crematoria, burial plots, ministers and doctors' services on behalf of its clients which are recovered as part of the invoicing process.

Tangible fixed assets
Tangible fixed assets are stated at cost, or deemed cost, less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

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

Plant and machinery-25% reducing balance
Fixtures and fittings-25% reducing balance
Computer equipment-33% on cost
Motor vehicles-25% reducing balance

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

Stocks comprises items which enable the company to provide funeral and memorial services.

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Taxation
Taxation for the period 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.


H.J NEWINGTON FUNERAL DIRECTORS LTD (REGISTERED NUMBER: 12954121)

Notes to the Financial Statements - continued
for the period 1 November 2022 to 30 October 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 period 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 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 not further payment obligations.

The contributions are recognised as an expense in the Income Statement when they fall due. Amounts not paid are shown in accruals as a liability on the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Impairment policy
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2022 - 2 ) .

H.J NEWINGTON FUNERAL DIRECTORS LTD (REGISTERED NUMBER: 12954121)

Notes to the Financial Statements - continued
for the period 1 November 2022 to 30 October 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2022 - 15,894 8,483 8,567 32,944
Additions 1,000 1,353 22,000 396 24,749
Disposals - - (8,483 ) - (8,483 )
At 30 October 2023 1,000 17,247 22,000 8,963 49,210
DEPRECIATION
At 1 November 2022 - 5,740 3,711 3,850 13,301
Charge for period 250 2,877 5,500 2,987 11,614
Eliminated on disposal - - (3,711 ) - (3,711 )
At 30 October 2023 250 8,617 5,500 6,837 21,204
NET BOOK VALUE
At 30 October 2023 750 8,630 16,500 2,126 28,006
At 31 October 2022 - 10,154 4,772 4,717 19,643

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 19,651 5,207
Other debtors 8,370 3,225
28,021 8,432

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 431 2,956
Taxation and social security 7,943 16
Other creditors 49,089 39,653
57,463 42,625

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 7,002 3,732

Deferred
tax
£   
Balance at 1 November 2022 3,732
Accelerated capital allowances 3,270
Balance at 30 October 2023 7,002

H.J NEWINGTON FUNERAL DIRECTORS LTD (REGISTERED NUMBER: 12954121)

Notes to the Financial Statements - continued
for the period 1 November 2022 to 30 October 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100