Sussex Funeral Services Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07202165

SUSSEX FUNERAL SERVICES LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 August 2025

SUSSEX FUNERAL SERVICES LIMITED

STATEMENT OF FINANCIAL POSITION

31 August 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		4,211		4,524

Current assets

Debtors	6	10,291	8,184
Cash at bank and in hand		71,093	77,096
		---------	---------
		81,384	85,280

Creditors: amounts falling due within one year	7	( 39,333)		( 51,505)
		---------		---------
Net current assets			42,051		33,775
			---------		---------
Total assets less current liabilities			46,262		38,299
			---------		---------
Net assets			46,262		38,299
			---------		---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	46,162	38,199
	---------	---------
Shareholders funds	46,262	38,299
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 August 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

SUSSEX FUNERAL SERVICES LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 August 2025

These financial statements were approved by the board of directors and authorised for issue on 27 October 2025 , and are signed on behalf of the board by:

Mr P Evans

Director

Company registration number: 07202165

SUSSEX FUNERAL SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 185 Portland House, Hove, BN3 5QJ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The judgements (apart from those involving estimations) that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as follows:

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	10% Straight Line
Fixtures and fittings	-	10% Straight Line
Motor vehicles	-	25% Reducing Balance
Equipment	-	33% Straight Line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Freehold property	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£	£
Cost
At 1 Sep 2024	35,172	2,028	14,795	22,970	10,904	85,869
Additions	–	–	–	–	2,024	2,024
	---------	-------	---------	---------	---------	---------
At 31 Aug 2025	35,172	2,028	14,795	22,970	12,928	87,893
	---------	-------	---------	---------	---------	---------
Depreciation
At 1 Sep 2024	34,967	812	14,525	20,719	10,322	81,345
Charge for the year	72	405	270	563	1,027	2,337
	---------	-------	---------	---------	---------	---------
At 31 Aug 2025	35,039	1,217	14,795	21,282	11,349	83,682
	---------	-------	---------	---------	---------	---------
Carrying amount
At 31 Aug 2025	133	811	–	1,688	1,579	4,211
	---------	-------	---------	---------	---------	---------
At 31 Aug 2024	205	1,216	270	2,251	582	4,524
	---------	-------	---------	---------	---------	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	3,462	–
Other debtors	6,829	8,184
	---------	-------
	10,291	8,184
	---------	-------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	5,594	8,076
Corporation tax	5,926	7,556
Social security and other taxes	452	–
Other creditors	36	240
Other creditors	27,325	35,633
	---------	---------
	39,333	51,505
	---------	---------

8. Directors' advances, credits and guarantees

No transactions with directors were undertaken such as required to be disclosed under Section 1A.