Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312024-05-162023-01-0118truefalseNo description of principal activity16trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 8415 2023-01-01 2023-12-31 8415 2022-01-01 2022-12-31 8415 2023-12-31 8415 2022-12-31 8415 2022-01-01 8415 c:Director3 2023-01-01 2023-12-31 8415 d:Buildings 2023-01-01 2023-12-31 8415 d:Buildings 2023-12-31 8415 d:Buildings 2022-12-31 8415 d:Buildings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 8415 d:LandBuildings 2023-12-31 8415 d:LandBuildings 2022-12-31 8415 d:PlantMachinery 2023-01-01 2023-12-31 8415 d:PlantMachinery 2023-12-31 8415 d:PlantMachinery 2022-12-31 8415 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 8415 d:FurnitureFittings 2023-01-01 2023-12-31 8415 d:FurnitureFittings 2023-12-31 8415 d:FurnitureFittings 2022-12-31 8415 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 8415 d:OfficeEquipment 2023-01-01 2023-12-31 8415 d:OfficeEquipment 2023-12-31 8415 d:OfficeEquipment 2022-12-31 8415 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 8415 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 8415 d:CurrentFinancialInstruments 2023-12-31 8415 d:CurrentFinancialInstruments 2022-12-31 8415 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 8415 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 8415 d:ShareCapital 2023-01-01 2023-12-31 8415 d:ShareCapital 2023-12-31 8415 d:ShareCapital 2022-01-01 2022-12-31 8415 d:ShareCapital 2022-12-31 8415 d:ShareCapital 2022-01-01 8415 d:RevaluationReserve 2023-01-01 2023-12-31 8415 d:RevaluationReserve 2023-12-31 8415 d:RevaluationReserve 2022-01-01 2022-12-31 8415 d:RevaluationReserve 2022-12-31 8415 d:RevaluationReserve 2022-01-01 8415 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 8415 d:RetainedEarningsAccumulatedLosses 2023-12-31 8415 d:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 8415 d:RetainedEarningsAccumulatedLosses 2022-12-31 8415 d:RetainedEarningsAccumulatedLosses 2022-01-01 8415 c:FRS102 2023-01-01 2023-12-31 8415 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 8415 c:FullAccounts 2023-01-01 2023-12-31 8415 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 8415 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 8415 d:AcceleratedTaxDepreciationDeferredTax 2022-12-31 8415 2 2023-01-01 2023-12-31 8415 6 2023-01-01 2023-12-31 8415 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 8415









MANOR PARK CEMETERY COMPANY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
MANOR PARK CEMETERY COMPANY LIMITED
REGISTERED NUMBER: 8415

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 3 
1,325,978
1,386,693

Investments
 4 
1,151,830
1,151,830

  
2,477,808
2,538,523

Current assets
  

Debtors: amounts falling due within one year
 5 
260,813
194,209

Current asset investments
 6 
670,553
644,043

Cash at bank and in hand
 7 
421,375
316,446

  
1,352,741
1,154,698

Creditors: amounts falling due within one year
 8 
(672,850)
(613,971)

Net current assets
  
 
 
679,891
 
 
540,727

Total assets less current liabilities
  
3,157,699
3,079,250

Provisions for liabilities
  

Deferred tax
 9 
(120,816)
(103,330)

  
 
 
(120,816)
 
 
(103,330)

Net assets
  
3,036,883
2,975,920


Capital and reserves
  

Called up share capital 
  
192,139
192,139

Revaluation reserve
  
24,095
30,577

Profit and loss account
  
2,820,649
2,753,204

  
3,036,883
2,975,920


Page 1

 
MANOR PARK CEMETERY COMPANY LIMITED
REGISTERED NUMBER: 8415
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 comprehensive income 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 16 May 2024.




A R Jeffryes
Director

The notes on pages 5 to 11 form part of these financial statements.

Page 2

 
MANOR PARK CEMETERY COMPANY LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2023


Called up share capital
Revaluation reserve
Profit and loss account
Total equity

£
£
£
£

At 1 January 2023
192,139
30,577
2,753,204
2,975,920


Comprehensive income for the year

Profit for the year
-
-
260,787
260,787


Contributions by and distributions to owners

Dividends: Equity capital
-
-
(199,824)
(199,824)

Transfer to/from profit and loss account
-
(6,482)
6,482
-


Total transactions with owners
-
(6,482)
(193,342)
(199,824)


At 31 December 2023
192,139
24,095
2,820,649
3,036,883


The notes on pages 5 to 11 form part of these financial statements.

Page 3

 
MANOR PARK CEMETERY COMPANY LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2022


Called up share capital
Revaluation reserve
Profit and loss account
Total equity

£
£
£
£

At 1 January 2022
192,139
37,059
2,786,464
3,015,662


Comprehensive income for the year

Profit for the year
-
-
236,938
236,938


Contributions by and distributions to owners

Dividends: Equity capital
-
-
(276,680)
(276,680)

Transfer to/from profit and loss account
-
(6,482)
6,482
-


Total transactions with owners
-
(6,482)
(270,198)
(276,680)


At 31 December 2022
192,139
30,577
2,753,204
2,975,920


The notes on pages 5 to 11 form part of these financial statements.

Page 4

 
MANOR PARK CEMETERY COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.Accounting policies

 
1.1

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
1.2

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:
Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
* 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.

  
1.3

Reserve Graves

Where monies are received in respect of a grave reserved for future use, the sale is included in revenue. However, where the amount received includes an advance against future digging fees, a proportion is carried forward to the year in which interment takes place.

 
1.4

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.

Page 5

 
MANOR PARK CEMETERY COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.Accounting policies (continued)


1.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold land and buildings
-
1.5%
Plant and machinery
-
15.0%
Fixtures, fittings and equipment
-
20.0%
Boundary fencing
-
7.5%

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 profit or loss.

 
1.5

Valuation of investments

Investments held as fixed assets are shown at cost less provision for impairment.

 
1.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
1.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
1.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
1.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 6

 
MANOR PARK CEMETERY COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.Accounting policies (continued)

 
1.10

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 profit or loss 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.

 
1.11

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
1.12

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Page 7

 
MANOR PARK CEMETERY COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.


Employees

The average monthly number of employees, including the directors, during the year was as follows:


        2023
        2022
            No.
            No.







Directors
4
4



Office
4
4



Ground staff
10
8

18
16


3.


Tangible fixed assets





Freehold property
Plant & machinery
Fixtures & fittings
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 January 2023
1,414,259
1,391,464
432,668
49,283
3,287,674


Additions
29,700
25,017
-
-
54,717



At 31 December 2023

1,443,959
1,416,481
432,668
49,283
3,342,391



Depreciation


At 1 January 2023
414,118
1,127,842
312,206
46,815
1,900,981


Charge for the year on owned assets
21,659
52,080
41,356
337
115,432



At 31 December 2023

435,777
1,179,922
353,562
47,152
2,016,413



Net book value



At 31 December 2023
1,008,182
236,559
79,106
2,131
1,325,978



At 31 December 2022
1,000,141
263,622
120,462
2,468
1,386,693

Page 8

 
MANOR PARK CEMETERY COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

           3.Tangible fixed assets (continued)




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


2023
2022
£
£

Freehold
1,008,182
1,000,141

1,008,182
1,000,141


Cost or valuation at 31 December 2023 is as follows:

Land and buildings
£


At cost
943,959
At valuation:

December 1988 at open market value
500,000



1,443,959

If the land and buildings had not been included at valuation they would have been included under the historical cost convention as follows:

2023
2022
£
£



Cost
943,959
-

Net book value
943,959
-


4.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 January 2023
1,151,830



At 31 December 2023

1,151,830




The value of the fixed asset investments at 31 December 2023 was £1,303,487 (2022: £1,296,172).

Page 9

 
MANOR PARK CEMETERY COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Debtors

2023
2022
£
£


Trade debtors
220,543
160,736

Other debtors
6,532
-

Prepayments and accrued income
33,738
33,473

260,813
194,209



6.


Current asset investments

2023
2022
£
£

Unlisted investments
670,553
644,043

670,553
644,043



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
421,375
316,446

421,375
316,446



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
26,841
35,557

Corporation tax
98,208
34,027

Other taxation and social security
4,474
18,322

Accruals and deferred income
543,327
526,065

672,850
613,971



9.


Deferred taxation

Page 10

 
MANOR PARK CEMETERY COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
 
9.Deferred taxation (continued)




2023
2022


£

£






At beginning of year
103,330
117,955


Charged to profit or loss
17,486
(14,625)



At end of year
120,816
103,330

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
120,816
103,330

120,816
103,330


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 £56,826 (2022 - £53,929). Contributions totalling £5,894 (2022 - £5,849) were payable to the fund at the balance sheet date

 
Page 11