Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-290falsefalse2023-03-01Funeral services1414truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04632601 2023-03-01 2024-02-29 04632601 2022-03-01 2023-02-28 04632601 2024-02-29 04632601 2023-02-28 04632601 2022-03-01 04632601 c:Director3 2023-03-01 2024-02-29 04632601 d:Buildings 2023-03-01 2024-02-29 04632601 d:Buildings 2024-02-29 04632601 d:Buildings 2023-02-28 04632601 d:Buildings d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 04632601 d:Buildings d:LeasedAssetsHeldAsLessee 2023-03-01 2024-02-29 04632601 d:Buildings d:LongLeaseholdAssets 2023-03-01 2024-02-29 04632601 d:Buildings d:LongLeaseholdAssets 2024-02-29 04632601 d:Buildings d:LongLeaseholdAssets 2023-02-28 04632601 d:LandBuildings 2024-02-29 04632601 d:LandBuildings 2023-02-28 04632601 d:PlantMachinery 2023-03-01 2024-02-29 04632601 d:PlantMachinery 2024-02-29 04632601 d:PlantMachinery 2023-02-28 04632601 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 04632601 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-03-01 2024-02-29 04632601 d:MotorVehicles 2023-03-01 2024-02-29 04632601 d:MotorVehicles 2024-02-29 04632601 d:MotorVehicles 2023-02-28 04632601 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 04632601 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-03-01 2024-02-29 04632601 d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 04632601 d:LeasedAssetsHeldAsLessee 2023-03-01 2024-02-29 04632601 d:Goodwill 2024-02-29 04632601 d:Goodwill 2023-02-28 04632601 d:CurrentFinancialInstruments 2024-02-29 04632601 d:CurrentFinancialInstruments 2023-02-28 04632601 d:Non-currentFinancialInstruments 2024-02-29 04632601 d:Non-currentFinancialInstruments 2023-02-28 04632601 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 04632601 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 04632601 d:Non-currentFinancialInstruments d:AfterOneYear 2024-02-29 04632601 d:Non-currentFinancialInstruments d:AfterOneYear 2023-02-28 04632601 d:ShareCapital 2024-02-29 04632601 d:ShareCapital 2023-02-28 04632601 d:RetainedEarningsAccumulatedLosses 2024-02-29 04632601 d:RetainedEarningsAccumulatedLosses 2023-02-28 04632601 c:FRS102 2023-03-01 2024-02-29 04632601 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 04632601 c:FullAccounts 2023-03-01 2024-02-29 04632601 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 04632601 d:AcceleratedTaxDepreciationDeferredTax 2024-02-29 04632601 d:AcceleratedTaxDepreciationDeferredTax 2023-02-28 04632601 d:RetirementBenefitObligationsDeferredTax 2024-02-29 04632601 d:RetirementBenefitObligationsDeferredTax 2023-02-28 04632601 e:PoundSterling 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure

Registered number: 04632601










HAROLD LILLEKER & SONS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

 
HAROLD LILLEKER & SONS LIMITED
REGISTERED NUMBER: 04632601

BALANCE SHEET
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
-
-

Tangible assets
 5 
377,904
306,734

Current assets
  

Stocks
  
19,195
18,151

Debtors: amounts falling due within one year
 6 
139,037
233,150

Cash at bank and in hand
  
61,259
136,285

  
219,491
387,586

Creditors: amounts falling due within one year
 7 
(135,714)
(256,387)

Net current assets
  
 
 
83,777
 
 
131,199

Total assets less current liabilities
  
461,681
437,933

Creditors: amounts falling due after more than one year
 8 
(47,859)
(49,505)

Provisions for liabilities
  

Deferred tax
 9 
(30,344)
(15,495)

Net assets
  
383,478
372,933


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
383,378
372,833

  
383,478
372,933


Page 1

 
HAROLD LILLEKER & SONS LIMITED
REGISTERED NUMBER: 04632601
    
BALANCE SHEET (CONTINUED)
AS AT 29 FEBRUARY 2024

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 27 November 2024.




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 29 FEBRUARY 2024

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.3

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.

 
2.4

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. 

 
2.5

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. Goodwill was amortised full in 2022.

Page 4

 
HAROLD LILLEKER & SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.6

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.

 
2.7

Financial instruments

The company only enters into basic financial instrument 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 payables or receivables, 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 (2023 - 14).

Page 5

 
HAROLD LILLEKER & SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

4.


Intangible assets






Goodwill

£



Cost


At 1 March 2023
45,000



At 29 February 2024

45,000



Amortisation


At 1 March 2023
45,000



At 29 February 2024

45,000



Net book value



At 29 February 2024
-



At 28 February 2023
-



Page 6

 
HAROLD LILLEKER & SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

5.


Tangible fixed assets







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

£
£
£
£
£



Cost or valuation


At 1 March 2023
18,541
63,891
107,838
333,364
523,634


Additions
-
27,000
24,330
83,194
134,524


Disposals
-
-
-
(16,500)
(16,500)



At 29 February 2024

18,541
90,891
132,168
400,058
641,658



Depreciation


At 1 March 2023
-
-
36,784
180,116
216,900


Charge for the year on owned assets
-
-
13,413
35,484
48,897


Charge for the year on financed assets
-
-
-
10,559
10,559


Disposals
-
-
-
(12,602)
(12,602)



At 29 February 2024

-
-
50,197
213,557
263,754



Net book value



At 29 February 2024
18,541
90,891
81,971
186,501
377,904



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




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


2024
2023
£
£

Freehold
18,541
18,541

Long leasehold improvements
90,891
63,891

109,432
82,432


The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows £46,755 (2023: £27,320).

Page 7

 
HAROLD LILLEKER & SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

6.


Debtors

2024
2023
£
£


Trade debtors
111,386
173,982

Other debtors
19,962
52,885

Prepayments
7,689
6,283

139,037
233,150



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,000
10,000

Corporation tax
41,427
28,012

Other taxation and social security
35,438
90,667

Hire purchase contracts
16,623
10,192

Other creditors
5,908
11,459

Accruals
26,318
106,057

135,714
256,387



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
20,000
30,000

Hire purchase contracts
27,859
19,505

47,859
49,505


Page 8

 
HAROLD LILLEKER & SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

9.


Deferred taxation






2024
2023


£

£






At beginning of year
15,495
7,556


Charged to the Statement of Income and Retained Earnings
14,849
7,939



At end of year
30,344
15,495

The provision for deferred taxation is made up as follows:

29 February
28 February
2024
2023
£
£


Accelerated capital allowances
30,416
15,549

Pension surplus
(72)
(54)

30,344
15,495


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 £1,881 (2023: £2,499). Contributions totalling £142 (2023: £215) were payable to the fund at the Balance Sheet date and are included in creditors.

 
Page 9