Richard Stebbings Funeral Services Ltd. - Accounts to registrar (filleted)

REGISTERED NUMBER: 05572326 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

RICHARD STEBBINGS FUNERAL SERVICES LTD.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R J Stebbings

D M Stebbings

D J Parkin

H D Woods

A T Parkin

SECRETARY:

R J Stebbings

REGISTERED OFFICE:

115c Milton Road

Cambridge

Cambridgeshire

CB4 1XE

REGISTERED NUMBER:

05572326 (England and Wales)

ACCOUNTANTS:

Prentis & Co LLP

Chartered Accountants

115c Milton Road

Cambridge

Cambridgeshire

CB4 1XE

FIXED ASSETS

Intangible assets

4

1,817

Tangible assets

5

56,137

43,226

57,954

45,043

CURRENT ASSETS

Stocks

6,287

6,525

Debtors

6

149,938

63,540

Cash at bank and in hand

346,497

349,219

502,722

419,284

CREDITORS

Amounts falling due within one year

7

86,107

29,402

NET CURRENT ASSETS

416,615

389,882

TOTAL ASSETS LESS CURRENT
LIABILITIES

474,569

434,925

PROVISIONS FOR LIABILITIES

752

3,410

NET ASSETS

473,817

431,515

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

473,717

431,415

SHAREHOLDERS' FUNDS

473,817

431,515

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 16 December 2025 and were signed on its behalf by:

R J Stebbings - Director

1.	STATUTORY INFORMATION

Richard Stebbings Funeral Services Ltd. 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, was being amortised evenly over its estimated useful life of ten years

Intangible assets

Personalised number plates are not being amortised due to nature of the asset.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

10% on cost

Equipment

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% 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.

Hire purchase and leasing commitments

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Personalised

number

Goodwill

plates

Totals

£

COST

At 1 April 2024

and 31 March 2025

25,000

1,817

26,817

AMORTISATION

At 1 April 2024

and 31 March 2025

25,000

-

25,000

NET BOOK VALUE

At 31 March 2025

-

1,817

At 31 March 2024

-

1,817

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

property

Equipment

fittings

vehicles

Totals

£

COST

At 1 April 2024

7,307

55,195

37,292

181,852

281,646

Additions

-

31,510

Disposals

-

(29,800

)

(29,800

)

At 31 March 2025

7,307

55,195

37,292

183,562

283,356

DEPRECIATION

At 1 April 2024

7,307

49,982

35,439

145,692

238,420

Charge for year

-

1,060

370

16,833

18,263

Eliminated on disposal

-

(29,464

)

(29,464

)

At 31 March 2025

7,307

51,042

35,809

133,061

227,219

NET BOOK VALUE

At 31 March 2025

-

4,153

1,483

50,501

56,137

At 31 March 2024

-

5,213

1,853

36,160

43,226

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

132,485

48,097

Other debtors

2,010

-

Tax

6,958

Prepayments

8,485

149,938

63,540

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

30,000

19,000

Tax

46,303

-

Social security and other taxes

5,309

6,117

Directors' current accounts

140

102

Accruals and deferred income

4,355

4,183

86,107

29,402

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are R J Stebbings and D M Stebbings by virtue of their 70% joint ownership of the issued ordinary share capital of the company.