Registered number
06984838
Whitehouse Funeral Service Limited
Filleted Accounts
30 September 2024
Whitehouse Funeral Service Limited
Registered number: 06984838
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 4 204,222 260,380
Current assets
Stocks 16,905 16,100
Debtors 5 405,636 363,043
Cash at bank and in hand 24,742 30,631
447,283 409,774
Creditors: amounts falling due within one year 6 (204,520) (187,123)
Net current assets 242,763 222,651
Total assets less current liabilities 446,985 483,031
Creditors: amounts falling due after more than one year 7 (104,740) (143,772)
Provisions for liabilities (30,219) (47,373)
Net assets 312,026 291,886
Capital and reserves
Called up share capital 100 100
Profit and loss account 311,926 291,786
Shareholders' funds 312,026 291,886
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Charles Melvin Whitehouse
Director
Approved by the board on 25 June 2025
Whitehouse Funeral Service Limited
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 15% - 33% reducing balance
Motor vehicles 15% - 20% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 28 25
3 Intangible fixed assets £
Goodwill:
Cost
At 1 October 2023 340,000
At 30 September 2024 340,000
Amortisation
At 1 October 2023 340,000
At 30 September 2024 340,000
Net book value
At 30 September 2024 -
Goodwill has been written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 October 2023 227,215 558,372 785,587
Additions - 1,210 1,210
At 30 September 2024 227,215 559,582 786,797
Depreciation
At 1 October 2023 153,365 371,842 525,207
Charge for the year 14,885 42,483 57,368
At 30 September 2024 168,250 414,325 582,575
Net book value
At 30 September 2024 58,965 145,257 204,222
At 30 September 2023 73,850 186,530 260,380
5 Debtors 2024 2023
£ £
Trade debtors 108,108 67,367
Other debtors 297,528 295,676
405,636 363,043
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 45,149 35,965
Obligations under finance lease and hire purchase contracts 23,174 18,788
Trade creditors 60,299 59,492
Taxation and social security costs 67,082 64,040
Other creditors 8,816 8,838
204,520 187,123
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 22,631 61,104
Obligations under finance lease and hire purchase contracts 82,109 82,668
104,740 143,772
8 Loans 2024 2023
£ £
Creditors include:
Secured bank loans 156,296 161,613
9 Other information
Whitehouse Funeral Service Limited is a private company limited by shares and incorporated in England. Its registered office is:
Cockerton House
11 West Auckland Road
Darlington
Co Durham
DL3 9EL
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