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REGISTERED NUMBER: 04273146 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

LONGTON, HUTTON AND PENWORTHAM FUNERAL
SERVICE LIMITED

LONGTON, HUTTON AND PENWORTHAM FUNERAL
SERVICE LIMITED (REGISTERED NUMBER: 04273146)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LONGTON, HUTTON AND PENWORTHAM FUNERAL
SERVICE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: N Buckley





REGISTERED OFFICE: Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH





REGISTERED NUMBER: 04273146 (England and Wales)





ACCOUNTANTS: Wallwork Nelson & Johnson
Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH

LONGTON, HUTTON AND PENWORTHAM FUNERAL
SERVICE LIMITED (REGISTERED NUMBER: 04273146)

BALANCE SHEET
30 JUNE 2024

30/6/24 30/6/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 263,548 269,739

CURRENT ASSETS
Debtors 5 1,961,757 1,928,109
Investments 6 6,398 6,398
Cash at bank 452,652 539,744
2,420,807 2,474,251
CREDITORS
Amounts falling due within one year 7 268,645 319,951
NET CURRENT ASSETS 2,152,162 2,154,300
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,415,710

2,424,039

CREDITORS
Amounts falling due after more than one
year

8

(100,551

)

(154,248

)

PROVISIONS FOR LIABILITIES (36,267 ) (45,790 )
NET ASSETS 2,278,892 2,224,001

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,278,792 2,223,901
2,278,892 2,224,001

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

LONGTON, HUTTON AND PENWORTHAM FUNERAL
SERVICE LIMITED (REGISTERED NUMBER: 04273146)

BALANCE SHEET - continued
30 JUNE 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 November 2024 and were signed by:





N Buckley - Director


LONGTON, HUTTON AND PENWORTHAM FUNERAL
SERVICE LIMITED (REGISTERED NUMBER: 04273146)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Longton, Hutton And Penwortham Funeral Service 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, value added tax and other sales taxes.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and any provision for impairment in value.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings- 2% on cost
Improvements to property- 2% on cost
Plant and machinery- 15% on reducing balance
Motor vehicles- 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

LONGTON, HUTTON AND PENWORTHAM FUNERAL
SERVICE LIMITED (REGISTERED NUMBER: 04273146)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Going concern
The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and therefore the going concern basis of accounting has been adopted.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 16 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 July 2023 61,250 175,541 431,235 668,026
Additions - - 38,525 38,525
At 30 June 2024 61,250 175,541 469,760 706,551
DEPRECIATION
At 1 July 2023 26,150 93,967 278,170 398,287
Charge for year 1,225 12,237 31,254 44,716
At 30 June 2024 27,375 106,204 309,424 443,003
NET BOOK VALUE
At 30 June 2024 33,875 69,337 160,336 263,548
At 30 June 2023 35,100 81,574 153,065 269,739

LONGTON, HUTTON AND PENWORTHAM FUNERAL
SERVICE LIMITED (REGISTERED NUMBER: 04273146)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 July 2023
and 30 June 2024 247,250
DEPRECIATION
At 1 July 2023 145,976
Charge for year 20,254
At 30 June 2024 166,230
NET BOOK VALUE
At 30 June 2024 81,020
At 30 June 2023 101,274

5. DEBTORS
30/6/24 30/6/23
£    £   
Amounts falling due within one year:
Trade debtors 24,639 105,835
Other debtors 9,496 -
34,135 105,835

Amounts falling due after more than one year:
Other debtors 1,927,622 1,822,274

Aggregate amounts 1,961,757 1,928,109

6. CURRENT ASSET INVESTMENTS
30/6/24 30/6/23
£    £   
Other 6,398 6,398

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/24 30/6/23
£    £   
Hire purchase contracts 22,848 39,168
Trade creditors 65,000 56,300
Tax 72,370 99,445
Social security and other taxes 4,436 2,272
Other creditors 42,318 43,116
Directors' current accounts 37,064 54,729
Accrued expenses 24,609 24,921
268,645 319,951

LONGTON, HUTTON AND PENWORTHAM FUNERAL
SERVICE LIMITED (REGISTERED NUMBER: 04273146)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/6/24 30/6/23
£    £   
Hire purchase contracts - 22,848
Other creditors 100,551 131,400
100,551 154,248

9. SECURED DEBTS

The following secured debts are included within creditors:

30/6/24 30/6/23
£    £   
Hire purchase contracts 22,848 62,016

10. RELATED PARTY DISCLOSURES

GPB Investments Limited is a company under common control. During the year a management charge of £3,600 was raised to GPB Investments Limited. The balance of £1,927,621 (2023 - £1,822,274) remained outstanding at the year end and is included in other debtors falling due after more than one year. No interest is charged on outstanding balances, by agreement.

Longton, Hutton and Penwortham Funeral Service Limited also occupies trading premises owned by GPB Investments Limited and paid rent of £7,000 (2023 - £7,000).

Penwortham Limousine Limited is a company under common control. During the year a management charge of £4,000 was raised to Penwortham Limousine Limited and was charged £9,000 for hire of vehicles. The balance of £9,496 (2023 - £798) remained outstanding due from Penwortham Limousine Limited at the year end and is included in other debtors. No interest is charged on outstanding balances, by agreement.