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REGISTERED NUMBER: 08353914 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 March 2024

for

MERIDIAN FUNERAL HOME LIMITED

MERIDIAN FUNERAL HOME LIMITED (REGISTERED NUMBER: 08353914)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MERIDIAN FUNERAL HOME LIMITED

Company Information
FOR THE YEAR ENDED 31 MARCH 2024







Directors: Mr C Kenyon
Mr B Kenyon
Mr A D Leaver





Registered office: 155 Eaves Lane
Chorley
Lancashire
PR6 0TB





Registered number: 08353914 (England and Wales)





Accountants: NRB
1st Floor Waterside House
Waterside Drive
Wigan
Lancashire
WN3 5AZ

MERIDIAN FUNERAL HOME LIMITED (REGISTERED NUMBER: 08353914)

Balance Sheet
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 345,087 391,029

CURRENT ASSETS
Debtors 5 118,880 75,055
Cash at bank and in hand 597,325 467,131
716,205 542,186
CREDITORS
Amounts falling due within one year 6 166,572 156,565
NET CURRENT ASSETS 549,633 385,621
TOTAL ASSETS LESS CURRENT
LIABILITIES

894,720

776,650

PROVISIONS FOR LIABILITIES 7 62,369 32,939
NET ASSETS 832,351 743,711

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 832,251 743,611
SHAREHOLDERS' FUNDS 832,351 743,711

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

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 15 July 2024 and were signed on its behalf by:





Mr C Kenyon - Director


MERIDIAN FUNERAL HOME LIMITED (REGISTERED NUMBER: 08353914)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Meridian Funeral Home 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and other sales tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold Improvements - 10% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

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.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 10 ) .

MERIDIAN FUNERAL HOME LIMITED (REGISTERED NUMBER: 08353914)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Leasehold Plant and and Motor
Improvements machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 April 2023 129,954 203,000 43,897 115,809 492,660
Additions 20,807 - 263 14,000 35,070
At 31 March 2024 150,761 203,000 44,160 129,809 527,730
DEPRECIATION
At 1 April 2023 - 57,094 31,469 13,068 101,631
Charge for year 14,276 36,476 2,533 27,727 81,012
At 31 March 2024 14,276 93,570 34,002 40,795 182,643
NET BOOK VALUE
At 31 March 2024 136,485 109,430 10,158 89,014 345,087
At 31 March 2023 129,954 145,906 12,428 102,741 391,029

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 98,380 64,555
Other debtors 20,500 10,500
118,880 75,055

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 16,393 43,214
Taxation and social security 110,477 57,736
Other creditors 39,702 55,615
166,572 156,565

7. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax 62,369 32,939

Deferred
tax
£   
Balance at 1 April 2023 32,939
Provided during year 29,430
Balance at 31 March 2024 62,369

MERIDIAN FUNERAL HOME LIMITED (REGISTERED NUMBER: 08353914)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
100 100