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REGISTERED NUMBER: 03587813 (England and Wales)



















CARMEL FUNERAL SERVICES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024






CARMEL FUNERAL SERVICES LIMITED (REGISTERED NUMBER: 03587813)






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




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


CARMEL FUNERAL SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Mrs Z Gluck
Mr H Gluck





SECRETARY: Mrs Z Gluck





REGISTERED OFFICE: First Floor
94 Stamford Hill
London
N16 6XS





REGISTERED NUMBER: 03587813 (England and Wales)





ACCOUNTANTS: Sugarwhite Meyer Accountants Ltd
First Floor
94 Stamford Hill
London
N16 6XS

CARMEL FUNERAL SERVICES LIMITED (REGISTERED NUMBER: 03587813)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 109,912 131,127

CURRENT ASSETS
Stocks 6 15,500 12,200
Debtors 7 33,593 60,413
Cash at bank 159,495 166,346
208,588 238,959
CREDITORS
Amounts falling due within one year 8 181,278 184,631
NET CURRENT ASSETS 27,310 54,328
TOTAL ASSETS LESS CURRENT
LIABILITIES

137,222

185,455

CREDITORS
Amounts falling due after more than one
year

9

-

(3,390

)

PROVISIONS FOR LIABILITIES 10 (13,180 ) (16,168 )
NET ASSETS 124,042 165,897

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 123,942 165,797
124,042 165,897

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 directors acknowledge their 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.

CARMEL FUNERAL SERVICES LIMITED (REGISTERED NUMBER: 03587813)

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 March 2025 and were signed on its behalf by:





Mr H Gluck - Director


CARMEL FUNERAL SERVICES LIMITED (REGISTERED NUMBER: 03587813)

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

1. STATUTORY INFORMATION

Carmel Funeral Services 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Improvements to property - 4% on cost
Fixtures and fittings - 15% on reducing balance
Hearses - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 11 ) .

CARMEL FUNERAL SERVICES LIMITED (REGISTERED NUMBER: 03587813)

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

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and
property fittings Hearses Totals
£    £    £    £   
COST
At 1 July 2023
and 30 June 2024 248,526 70,091 127,535 446,152
DEPRECIATION
At 1 July 2023 192,561 64,940 57,524 315,025
Charge for year 9,941 773 10,501 21,215
At 30 June 2024 202,502 65,713 68,025 336,240
NET BOOK VALUE
At 30 June 2024 46,024 4,378 59,510 109,912
At 30 June 2023 55,965 5,151 70,011 131,127

6. STOCKS
2024 2023
£    £   
Stocks 15,500 12,200

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 18,285 30,105
Other debtors 15,308 30,308
33,593 60,413

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 1,237 696
Trade creditors 55,638 51,690
Taxation and social security 563 3,206
Other creditors 123,840 129,039
181,278 184,631

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts - 3,390

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 13,180 16,168

CARMEL FUNERAL SERVICES LIMITED (REGISTERED NUMBER: 03587813)

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

10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 July 2023 16,168
Credit to Profit and Loss Account during year (2,988 )
Balance at 30 June 2024 13,180

The provision for deferred tax is in respect of accelerated capital allowances.