Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-3112023-04-01falseNo description of principal activity1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 02853235 2023-04-01 2024-03-31 02853235 2022-04-01 2023-03-31 02853235 2024-03-31 02853235 2023-03-31 02853235 c:Director1 2023-04-01 2024-03-31 02853235 d:Buildings d:ShortLeaseholdAssets 2023-04-01 2024-03-31 02853235 d:Buildings d:ShortLeaseholdAssets 2024-03-31 02853235 d:Buildings d:ShortLeaseholdAssets 2023-03-31 02853235 d:PlantMachinery 2023-04-01 2024-03-31 02853235 d:PlantMachinery 2024-03-31 02853235 d:PlantMachinery 2023-03-31 02853235 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 02853235 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 02853235 d:CurrentFinancialInstruments 2024-03-31 02853235 d:CurrentFinancialInstruments 2023-03-31 02853235 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 02853235 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 02853235 d:ShareCapital 2024-03-31 02853235 d:ShareCapital 2023-03-31 02853235 d:RetainedEarningsAccumulatedLosses 2024-03-31 02853235 d:RetainedEarningsAccumulatedLosses 2023-03-31 02853235 c:FRS102 2023-04-01 2024-03-31 02853235 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 02853235 c:FullAccounts 2023-04-01 2024-03-31 02853235 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 02853235 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Company registration number: 02853235







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2024


HARWOOD PARK CREMATORIUM (MANAGEMENT) LIMITED






































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HARWOOD PARK CREMATORIUM (MANAGEMENT) LIMITED
REGISTERED NUMBER:02853235



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,405,587
1,402,925

  
1,405,587
1,402,925

Current assets
  

Stocks
  
1,898
1,730

Debtors: amounts falling due within one year
 5 
216,738
32,391

Bank and cash balances
  
2,728
62,755

  
221,364
96,876

Creditors: amounts falling due within one year
 6 
(3,139,763)
(2,373,227)

Net current liabilities
  
 
 
(2,918,399)
 
 
(2,276,351)

Total assets less current liabilities
  
(1,512,812)
(873,426)

Provisions for liabilities
  

Deferred tax
  
(33,625)
(46,732)

  
 
 
(33,625)
 
 
(46,732)

Net liabilities
  
(1,546,437)
(920,158)


Capital and reserves
  

Called up share capital 
  
3,000,000
3,000,000

Profit and loss account
  
(4,546,437)
(3,920,158)

  
(1,546,437)
(920,158)


Page 1

 


HARWOOD PARK CREMATORIUM (MANAGEMENT) LIMITED
REGISTERED NUMBER:02853235


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 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 by: 




................................................
C M Hope
Director

Date: 29 November 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 


HARWOOD PARK CREMATORIUM (MANAGEMENT) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Harwood Park Crematorium (Management) 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.
The presentation currency of the financial statements is the Pound Sterling (£).

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 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.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Page 3

 


HARWOOD PARK CREMATORIUM (MANAGEMENT) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

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 reporting 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 reporting 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 reporting date.

 
2.5

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, as noted below.

Depreciation is provided on the following basis:

Land and buildings
-
2% on cost
Plant and machinery
-
20% and 25% on 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 profit or loss.

Page 4

 


HARWOOD PARK CREMATORIUM (MANAGEMENT) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.7

Financial instruments

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Tangible fixed assets





Land and buildings
Plant and machinery
Total

£
£
£



Cost or valuation


At 1 April 2023
2,041,997
750,986
2,792,983


Additions
55,075
34,325
89,400



At 31 March 2024

2,097,072
785,311
2,882,383



Depreciation


At 1 April 2023
857,719
532,339
1,390,058


Charge for the year on owned assets
41,947
44,791
86,738



At 31 March 2024

899,666
577,130
1,476,796



Net book value



At 31 March 2024
1,197,406
208,181
1,405,587



At 31 March 2023
1,184,278
218,647
1,402,925

Page 5

 


HARWOOD PARK CREMATORIUM (MANAGEMENT) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Trade debtors
18,107
12,110

Amounts owed by connected undertakings
347
-

Other debtors
18,349
-

Prepayments and accrued income
179,935
20,281

216,738
32,391



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
213,797
4,149

Amounts owed to group undertakings
2,779,667
2,197,168

Other taxation and social security
-
1,709

Other creditors
112,000
112,000

Accruals and deferred income
34,299
58,201

3,139,763
2,373,227



7.Leasing agreements

The land on which the company's crematorium facilities are built is subject to a lease which expires on 31 December 2092. The annual rent payable is calculated as 5% of the turnover arising from the crematorium business at the premises during each preceding twelve month period ending on 31 March for both the company and its sister company, Harwood Park Crematorium Limited. The total lease commitment therefore cannot be quantified.


8.


Related party transactions

At the balance sheet date the company owed £112,000 (2023: £112,000) to the directors. The balance can be found within creditors due within one year and no interest is being charged on this.
At the balance sheet date the company was owed £347 (2023: £Nil) by companies under common control. The balance can be found within debtors. 


9.


Parent relationships

The parent undertaking and ultimate holding company is Harwood Park Holdings Limited, incorporated in England and Wales at 9-11 Letchmore Road, Stevenage, Hertfordshire SG1 3JH.

 
Page 6