Bakers Funeral Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 12199770 (England and Wales)

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

BAKERS FUNERAL SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P J Smyth

REGISTERED OFFICE:

Eves Corner

Danbury

Chelmsford

Essex

CM3 4QB

REGISTERED NUMBER:

12199770 (England and Wales)

SENIOR STATUTORY AUDITOR:

Lee Daley FCA FCCA

AUDITORS:

THP Limited

Chartered Accountants

and Statutory Auditors

Unit 4 Mulgrave Chambers

26-28 Mulgrave Road

Sutton

Surrey

SM2 6LE

FIXED ASSETS

Tangible assets

4

796

4,878

CURRENT ASSETS

Debtors

5

184,462

203,959

Cash at bank and in hand

53,296

27,527

237,758

231,486

CREDITORS

Amounts falling due within one year

6

214,639

214,382

NET CURRENT ASSETS

23,119

17,104

TOTAL ASSETS LESS CURRENT
LIABILITIES

23,915

21,982

CAPITAL AND RESERVES

Called up share capital

15,383

Retained earnings

8,532

6,599

23,915

21,982

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 director and authorised for issue on 26 May 2026 and were signed by:

P J Smyth - Director

1.	STATUTORY INFORMATION

Bakers Funeral Services 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

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.

Going concern

The financial statements are prepared on the going concern basis, which assumes the ability of the company to continue its activities for the foreseeable future, being a period of not less than twelve months from the approval of these accounts.

The directors, having considered all the information available, are confident that the company has adequate reserves and resources thereto to continue its operational activities for the foreseeable future.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

Revenue from the provision of professional services is recognised once the rendering of the funeral service is complete. Income received prior to the service is recognised within creditors and only released once the service has taken place.

Revenue from the sale of ancillary goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on cost

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

Assets obtained under hire purchase contracts or financial leases are capitalised in the balance sheet and are depreciated over their estimated useful lives.

The interest element of these obligations is charged to the profit and loss account over the relevant period on a straight line basis. The capital element of the future payment is treated as a liability.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

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.

Value added tax

The Company operates as both a provider of Value Added Tax exempt core funeral services and standard-rated ancillary supplies. Because the Company makes both exempt and taxable supplies, it is classified as "partially exempt" for Value Added Tax purposes. Accordingly, irrecoverable Value Added Tax is charged to the profit and loss account in the period in which it is incurred and recorded.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

COST

At 1 October 2024

and 30 September 2025

8,481

60,037

68,518

DEPRECIATION

At 1 October 2024

8,339

55,301

63,640

Charge for year

142

3,940

4,082

At 30 September 2025

8,481

59,241

67,722

NET BOOK VALUE

At 30 September 2025

-

796

At 30 September 2024

142

4,736

4,878

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

6,586

9,393

Other debtors

8,987

11,993

Amounts owed by group undertakings

154,909

169,836

Deferred tax asset

Decelerated capital allowances

6,816

6,882

Prepayments and accrued income

7,164

5,855

184,462

203,959

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loan

-

41,677

Trade creditors

84,638

69,781

Amounts owed to group undertakings

-

13,205

Corporation tax

12,268

10,961

Social security and other taxes

4,414

3,562

VAT

2,354

1,296

Other creditors

77,171

57,946

Accruals and deferred income

33,794

15,954

214,639

214,382

7.	LEASING AGREEMENTS

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

2025

2024

£

Within one year

14,750

Between one and five years

59,002

In more than five years

1,229

15,980

74,981

89,732

8.	SECURED DEBTS

During the year the bank facilities provided by Barclays Bank Plc were secured by a debenture over the assets of the company and its parent and fellow group undertakings.

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Lee Daley FCA FCCA (Senior Statutory Auditor)

for and on behalf of THP Limited

10.	PARENT COMPANY

During the year the company was a 100% owned subsidiary of Bakers of Danbury Limited which is both the immediate and ultimate parent company and is incorporated in England and Wales.

Registered address : Eves Corner, Danbury, Chelmsford, Essex, CM3 4BQ.

11.	POST BALANCE SHEET EVENTS

On 23rd October 2025, the company ceased to be a subsidiary of the parent company.

12.	ULTIMATE CONTROLLING PARTY

At the date of signing these accounts P J Smyth is the ultimate controlling party.