REGISTERED NUMBER: 11809795 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Howarth Funerals Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

700,000

750,000

Tangible assets

5

383,875

339,623

1,083,875

1,089,623

CURRENT ASSETS

Stocks

40,000

40,000

Debtors

6

80,973

57,109

Cash at bank

78,089

42,385

199,062

139,494

CREDITORS

Amounts falling due within one year

7

1,018,218

1,014,521

NET CURRENT LIABILITIES

(819,156

)

(875,027

)

TOTAL ASSETS LESS CURRENT LIABILITIES

264,719

214,596

CREDITORS

Amounts falling due after more than one year

8

2,244

12,209

NET ASSETS

262,475

202,387

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

261,475

201,387

SHAREHOLDERS' FUNDS

262,475

202,387

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 December 2025 and were signed on its behalf by:

I Howarth - Director

1.	STATUTORY INFORMATION

Howarth Funerals Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11809795

Registered office:

125 Denby Dale Road

Wakefield

West Yorkshire

WF2 8EB

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 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

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 Income Statement, 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.

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 9 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

1,000,000

AMORTISATION

At 1 April 2024

250,000

Charge for year

50,000

At 31 March 2025

300,000

NET BOOK VALUE

At 31 March 2025

700,000

At 31 March 2024

750,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 April 2024

244,200

19,125

72,895

Additions

29,734

21,342

422

Disposals

-

-

-

At 31 March 2025

273,934

40,467

73,317

DEPRECIATION

At 1 April 2024

134

15,323

55,178

Charge for year

337

2,902

1,771

Eliminated on disposal

-

-

-

At 31 March 2025

471

18,225

56,949

NET BOOK VALUE

At 31 March 2025

273,463

22,242

16,368

At 31 March 2024

244,066

3,802

17,717

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

328,507

52,303

717,030

Additions

44,769

2,370

98,637

Disposals

(117,568

)

-

(117,568

)

At 31 March 2025

255,708

54,673

698,099

DEPRECIATION

At 1 April 2024

265,042

41,730

377,407

Charge for year

9,939

3,088

18,037

Eliminated on disposal

(81,220

)

-

(81,220

)

At 31 March 2025

193,761

44,818

314,224

NET BOOK VALUE

At 31 March 2025

61,947

9,855

383,875

At 31 March 2024

63,465

10,573

339,623

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

53,111

28,045

Other debtors

27,862

29,064

80,973

57,109

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans & overdrafts

10,213

10,213

Trade creditors

65,263

4,392

Other taxation & social security

48,779

50,542

Other creditors

893,963

949,374

1,018,218

1,014,521

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

2,244

12,209

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

5,668

5,668

Between one and five years

4,251

9,919

9,919

15,587