1 April 2023 false No description of principal activity Taxfiler 2024.6 07800147business:PrivateLimitedCompanyLtd2023-04-012024-03-31 078001472023-03-31 078001472023-04-012024-03-31 07800147business:AuditExemptWithAccountantsReport2023-04-012024-03-31 07800147business:FilletedAccounts2023-04-012024-03-31 078001472024-03-31 07800147business:Director12023-04-012024-03-31 07800147business:Director22023-04-012024-03-31 07800147business:RegisteredOffice2023-04-012024-03-31 078001472023-03-31 07800147core:WithinOneYear2024-03-31 07800147core:WithinOneYear2023-03-31 07800147core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 07800147core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 07800147core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 07800147core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 07800147core:PreviouslyStatedAmount2024-03-31 07800147core:PreviouslyStatedAmount2023-03-31 07800147business:SmallEntities2023-04-012024-03-31 07800147countries:EnglandWales2023-04-012024-03-31 07800147core:LandBuildings2023-04-012024-03-31 07800147core:MotorVehicles2023-04-012024-03-31 07800147core:FurnitureFittings2023-04-012024-03-31 07800147core:ComputerEquipment2023-04-012024-03-31 07800147core:Goodwill2023-03-31 07800147core:Goodwill2024-03-31 07800147core:LandBuildings2023-03-31 07800147core:MotorVehicles2023-03-31 07800147core:FurnitureFittings2023-03-31 07800147core:ComputerEquipment2023-03-31 07800147core:LandBuildings2024-03-31 07800147core:MotorVehicles2024-03-31 07800147core:FurnitureFittings2024-03-31 07800147core:ComputerEquipment2024-03-31 078001472022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 07800147 (England and Wales)
SOUTH DOWNS FUNERAL SERVICE LIMITED Unaudited accounts for the year ended 31 March 2024
SOUTH DOWNS FUNERAL SERVICE LIMITED Unaudited accounts Contents
Page
- 2 -
SOUTH DOWNS FUNERAL SERVICE LIMITED Company Information for the year ended 31 March 2024
Directors
PAUL LEE-BAPTY MARTIN LEE-BAPTY
Company Number
07800147 (England and Wales)
Registered Office
THE OLD POST OFFICE HAMBLEDON ROAD DENMEAD WATERLOOVILLE HAMPSHIRE PO7 6NN
Accountants
LACEY & CO., ACCOUNTANTS 238A LONDON ROAD WATERLOOVILLE HAMPSHIRE PO7 7HB
- 3 -
SOUTH DOWNS FUNERAL SERVICE LIMITED Accountants' report
Accountants' report to the board of directors of SOUTH DOWNS FUNERAL SERVICE LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of SOUTH DOWNS FUNERAL SERVICE LIMITED for the year ended 31 March 2024 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of SOUTH DOWNS FUNERAL SERVICE LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of SOUTH DOWNS FUNERAL SERVICE LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SOUTH DOWNS FUNERAL SERVICE LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that SOUTH DOWNS FUNERAL SERVICE LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of SOUTH DOWNS FUNERAL SERVICE LIMITED. You consider that SOUTH DOWNS FUNERAL SERVICE LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of SOUTH DOWNS FUNERAL SERVICE LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
LACEY & CO., ACCOUNTANTS 238A LONDON ROAD WATERLOOVILLE HAMPSHIRE PO7 7HB 23 October 2024
- 4 -
SOUTH DOWNS FUNERAL SERVICE LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
161,033 
189,082 
Current assets
Inventories
7,805 
5,206 
Debtors
27,212 
21,968 
Cash at bank and in hand
318,441 
228,235 
353,458 
255,409 
Creditors: amounts falling due within one year
(72,685)
(52,921)
Net current assets
280,773 
202,488 
Net assets
441,806 
391,570 
Capital and reserves
Called up share capital
100,000 
100,000 
Profit and loss account
341,806 
291,570 
Shareholders' funds
441,806 
391,570 
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 December 2024 and were signed on its behalf by
PAUL LEE-BAPTY Director Company Registration No. 07800147
- 5 -
SOUTH DOWNS FUNERAL SERVICE LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
SOUTH DOWNS FUNERAL SERVICE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07800147. The registered office is THE OLD POST OFFICE HAMBLEDON ROAD, DENMEAD, WATERLOOVILLE, HAMPSHIRE, PO7 6NN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of Vat and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Land & Buildings:- Leasehold improvements at Clanfield premises= 20% Leasehold improvements at Denmead premises = 5% Leasehold improvements at Southsea premises = 10%
Land & buildings
Straight line on cost, applied over the years stated above.
Motor vehicles
Reducing balance method at 15%.
Fixtures & fittings
Straight line at 10% on cost, no residual value.
Computer equipment
Straight line at 33% on cost, no residual value.
Intangible fixed assets
Intangible fixed assets, goodwill, are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
- 6 -
SOUTH DOWNS FUNERAL SERVICE LIMITED Notes to the Accounts for the year ended 31 March 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
65,347 
At 31 March 2024
65,347 
Amortisation
At 1 April 2023
65,347 
At 31 March 2024
65,347 
Net book value
At 31 March 2024
- 
5
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
146,886 
154,500 
20,211 
1,723 
323,320 
At 31 March 2024
146,886 
154,500 
20,211 
1,723 
323,320 
Depreciation
At 1 April 2023
84,340 
27,964 
20,211 
1,723 
134,238 
Charge for the year
9,069 
18,980 
- 
- 
28,049 
At 31 March 2024
93,409 
46,944 
20,211 
1,723 
162,287 
Net book value
At 31 March 2024
53,477 
107,556 
- 
- 
161,033 
At 31 March 2023
62,546 
126,536 
- 
- 
189,082 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
24,330 
19,218 
Other debtors
2,882 
2,750 
27,212 
21,968 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
30,947 
26,672 
Taxes and social security
18,316 
3,895 
Other creditors
132 
157 
Loans from directors
12,967 
13,694 
Accruals
10,323 
8,503 
72,685 
52,921 
- 7 -
SOUTH DOWNS FUNERAL SERVICE LIMITED Notes to the Accounts for the year ended 31 March 2024
8
Average number of employees
During the year the average number of employees was 9 (2023: 10).
- 8 -