REGISTERED NUMBER: 07035658 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Sherlock Funeral Service Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C J Stoneman

Ms M R S Stoneman

Ms M R Stoneman

W J Stoneman

SECRETARY:

Ms T D Stoneman

REGISTERED OFFICE:

Doran Court

Reigate Road

Redhill

Surrey

RH1 6AZ

REGISTERED NUMBER:

07035658 (England and Wales)

ACCOUNTANTS:

ACL & Co

Chartered Certified Accountants

The Coach House

1 Howard Road

Reigate

RH2 7JE

FIXED ASSETS

Intangible assets

4

-

16,650

Tangible assets

5

175,269

210,566

175,269

227,216

CURRENT ASSETS

Stocks

27,011

30,371

Debtors

6

1,941,399

2,047,620

Cash at bank and in hand

397,334

240,345

2,365,744

2,318,336

CREDITORS

Amounts falling due within one year

7

1,195,942

1,054,889

NET CURRENT ASSETS

1,169,802

1,263,447

TOTAL ASSETS LESS CURRENT LIABILITIES

1,345,071

1,490,663

CREDITORS

Amounts falling due after more than one year

8

(17,424

)

(97,582

)

PROVISIONS FOR LIABILITIES

(25,808

)

(35,382

)

NET ASSETS

1,301,839

1,357,699

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,301,739

1,357,599

1,301,839

1,357,699

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:

C J Stoneman - Director

1.	STATUTORY INFORMATION

Sherlock Funeral Service Limited 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.

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 2010, is being amortised evenly over its estimated useful life of fifteen 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 and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 12 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

333,000

AMORTISATION

At 1 April 2024

316,350

Charge for year

16,650

At 31 March 2025

333,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

16,650

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

335,361

Additions

5,490

Disposals

(3,512

)

At 31 March 2025

337,339

DEPRECIATION

At 1 April 2024

124,795

Charge for year

40,787

Eliminated on disposal

(3,512

)

At 31 March 2025

162,070

NET BOOK VALUE

At 31 March 2025

175,269

At 31 March 2024

210,566

6.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

179,967

248,220

Amounts owed by group undertakings

853,737

904,279

Other debtors

722,886

717,858

1,756,590

1,870,357

Amounts falling due after more than one year:

Other debtors

184,809

177,263

Aggregate amounts

1,941,399

2,047,620

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

79,525

15,394

Trade creditors

53,508

44,456

Amounts owed to group undertakings

987,975

907,940

Taxation and social security

20,661

15,391

Other creditors

54,273

71,708

1,195,942

1,054,889

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

17,424

97,582

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, the directors were advanced £2500 as loan. At the balance sheet date the company was owed £691,874 (2024 £689,374) by the directors. The amount is provided interest free and is repayable on demand.