Howarth's Funeral Service Ltd

(Registration number: 11282982)
Abridged Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	1,251,408	1,344,773
Current assets
Stocks		40,548	48,394
Debtors		635,373	654,234
Cash at bank and in hand		527,111	274,015
		1,203,032	976,643
Creditors: Amounts falling due within one year		(367,123)	(384,509)
Net current assets		835,909	592,134
Total assets less current liabilities		2,087,317	1,936,907
Accruals and deferred income		(3,480)	(3,480)
Net assets		2,083,837	1,933,427
Capital and reserves
Called up share capital		100	100
Retained earnings		2,083,737	1,933,327
Shareholders' funds		2,083,837	1,933,427

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 November 2025, and confirmed on the Board's behalf by:
 

J F Howarth Director

Howarth's Funeral Service Ltd

Notes to the Unaudited Abridged Financial Accounts for the Year Ended 31 March 2025

1	General information

These financial statements were authorised for issue by the Board on 4 November 2025.

The company is a private company limited by share capital, incorporated in England and Wales. The company's registration number is 11282982. The business and registered office address is Peel House, 638 Blackburn Road, Astley Bridge, Bolton, BL1 7AL.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial accounts are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial accounts have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover represents the invoiced value of goods and services.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Properties	30 year straight line method
Fixtures, fittings & equipment	10% Reducing balance method
Motor Vehicles	10% Reducing balance method

Stocks

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion, and selling costs.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 13 (2024 - 12).

Howarth's Funeral Service Ltd

Notes to the Unaudited Abridged Financial Accounts for the Year Ended 31 March 2025

4	Profit before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	83,816	90,448

5	Tangible assets

	Total £
Cost or valuation
At 1 April 2024	1,692,076
Disposals	(17,967)
At 31 March 2025	1,674,109
Depreciation
At 1 April 2024	347,303
Charge for the year	83,816
Eliminated on disposal	(8,418)
At 31 March 2025	422,701
Carrying amount
At 31 March 2025	1,251,408
At 31 March 2024	1,344,773

6	Financial commitments, guarantees and contingencies

Amounts disclosed in the balance sheet

Included in the balance sheet are employer pension contributions paid after date of £183 (2024 - £351).

7	Related party transactions

One of the directors has a loan account with the company which became overdrawn by a maximum of £4,907 in the year. The loan was in credit at the start and end of the year. Total advances were made to the director of £39,023 and total credits received were £49,601. No interest has been charged on this loan and it is repayable on demand.

Hawley Homes Limited is a company with the same directors and shareholders, and has a loan owed to Howarth's Funeral Service Ltd. The amount owed at the year end was £550,000 (2024 - £550,000). No interest has been charged on this loan, and it is repayable on demand.