REGISTERED NUMBER: 04076212 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

Heart and Soul Funerals Ltd

Page

Balance Sheet

1

to

2

Notes to the Financial Statements

3

to

6

Fixed assets

Tangible assets

4

14,188

23,046

Current assets

Stocks

4,023

4,156

Debtors

5

25,558

28,177

Cash at bank and in hand

5,499

15,413

35,080

47,746

Creditors

Amounts falling due within one year

6

38,488

55,764

Net current liabilities

(3,408

)

(8,018

)

Total assets less current liabilities

10,780

15,028

Provisions for liabilities

7

1,450

2,900

Net assets

9,330

12,128

Capital and reserves

Called up share capital

8

2

2

Retained earnings

9,328

12,126

Shareholders' funds

9,330

12,128

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 June 2026 and were signed on its behalf by:

Mr S J Smith - Director

1.	STATUTORY INFORMATION

Heart and Soul 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:

04076212

Registered office:

Riverstone

18 Dart Mills

Buckfastleigh

Devon

TQ11 0NF

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 represents the value, net of discounts, of goods and services provided. All income is recognised on completion of the work.

Tangible fixed assets

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

Short leasehold

-

straight line over the term of the lease

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on cost

Stocks

Stock is valued at the lower of cost and net realisable value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & 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.

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.

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.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Motor

leasehold

fittings

vehicles

Totals

£

£

£

£

Cost

At 1 November 2024

58,823

51,912

42,614

153,349

Additions

-

2,195

-

2,195

At 31 October 2025

58,823

54,107

42,614

155,544

Depreciation

At 1 November 2024

58,823

37,415

34,065

130,303

Charge for year

-

2,504

8,549

11,053

At 31 October 2025

58,823

39,919

42,614

141,356

Net book value

At 31 October 2025

-

14,188

-

14,188

At 31 October 2024

-

14,497

8,549

23,046

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

13,398

17,880

Other debtors

12,160

10,297

25,558

28,177

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

4,223

9,321

Taxation and social security

7,260

6,282

Other creditors

27,005

40,161

38,488

55,764

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

1,450

2,900

Deferred

tax

£

Balance at 1 November 2024

2,900

Provided during year

(1,450

)

Balance at 31 October 2025

1,450

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

9.	OTHER FINANCIAL COMMITMENTS

The total amount of financial commitments not included in the balance sheet is £19,000 (2024: £19,000). This represents rents payable for the period up to 31 October 2026.

10.	RELATED PARTY DISCLOSURES

At the year end the company owed its directors and shareholders £24,856, this amount was interest free, unsecured and carries no fixed term of repayment.

11.	ULTIMATE CONTROLLING PARTY

The company was under the control of the directors throughout the year.