ACCOUNTS - Final Accounts preparation

Company registration number: 02261152

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025

	HARWOOD PARK CREMATORIUM LIMITED


HARWOOD PARK CREMATORIUM LIMITED

COMPANY INFORMATION

Directors	C M Hope
	P G Hope (appointed 15 May 2024)


Registered number	02261152


Registered office	9-11 Letchmore Road
	Stevenage
	SG1 3JH


Accountants	Menzies LLP
	Chartered Accountants
	Richmond House
	Walkern Road
	Stevenage
	SG1 3QP


HARWOOD PARK CREMATORIUM LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 6


HARWOOD PARK CREMATORIUM LIMITED REGISTERED NUMBER:02261152

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£


Current assets
Stocks		11,459		5,809
Debtors: amounts falling due within one year	4	7,962,069		4,566,034
Bank and cash balances		501,262		2,886,210
		8,474,790		7,458,053
Creditors: amounts falling due within one year	5	(551,829)		(600,381)
Net current assets			7,922,961		6,857,672
Total assets less current liabilities			7,922,961		6,857,672

Net assets			7,922,961		6,857,672

Capital and reserves
Called up share capital	1,000	1,000
Profit and loss account	7,921,961	6,856,672
	7,922,961	6,857,672

Page 1


HARWOOD PARK CREMATORIUM LIMITED REGISTERED NUMBER:02261152

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

C M Hope

Director

Date: 17 December 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2


HARWOOD PARK CREMATORIUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

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

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3


HARWOOD PARK CREMATORIUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.7

Financial instruments

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

Page 4


HARWOOD PARK CREMATORIUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Employees

The average monthly number of employees, including directors, during the year was 13 (2024 - 13).

Debtors

					2025	2024
					£	£


Trade debtors	55,309	136,367
Amounts owed by group undertakings	4,604,113	2,779,667
Amounts owed by connected undertakings	3,268,275	1,650,000
Other debtors	34,034	-
Prepayments and accrued income	338	-
	7,962,069	4,566,034

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	47,060	61,940
Amounts owed to connected undertakings	-	10,790
Corporation tax	-	130,452
Other taxation and social security	9,174	7,682
Other creditors	341,779	339,185
Accruals and deferred income	153,816	50,332
	551,829	600,381

Page 5


HARWOOD PARK CREMATORIUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Related party transactions

At the reporting date the company was owed £3,268,275 (2024: £1,650,000) by companies under common control. The balance can be found within debtors and no interest is being charged on this.
The company also owed £Nil (2024: £10,790) to companies under common control which can be found within creditors due within one year and no interest is being charged on this.
At the reporting date the company owed £339,185 (2024: £339,185) to shareholders. This balance can be found within creditors due within one year and no interest is being charged on this.

7.	Parent relationships

The parent undertaking and ultimate holding company is Harwood Park Holdings Limited, incorporated in England and Wales at 9-11 Letchmore Road, Stevenage, SG1 3JH.

Page 6