Love's Independent Funeral Directors Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13512409

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		206,954		228,799

			206,954		228,799
CURRENT ASSETS
Debtors	5	46,521		8,160
Cash at bank and in hand		141,379		102,951

		187,900		111,111
Creditors: Amounts Falling Due Within One Year	6	(370,285 )		(363,530 )

NET CURRENT ASSETS (LIABILITIES)			(182,385 )		(252,419 )

TOTAL ASSETS LESS CURRENT LIABILITIES			24,569		(23,620 )

NET ASSETS/(LIABILITIES)			24,569		(23,620 )

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			24,469		(23,720 )

SHAREHOLDERS' FUNDS			24,569		(23,620)

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Love's Independent Funeral Directors Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs L A Simmons Director	Mr S T Love Director	Mr C S Simmons Director
29 June 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Love's Independent Funeral Directors Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13512409 . The registered office is Primrose Cottage, 10 Mill Street, Stafford, Staffordshire, ST16 2AJ.

2. Accounting Policies

2.1. Basis of Preparation of 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods and services provided in the normal course of business. The policies adopted for the recognition of turnover are as follows:

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from services provided during the planning of funeral arrangements are recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to the date the funeral takes place.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Interest receivable

Interest income is recognised using the effective interest method and is recognised as the company's right to receive payment is established.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes costs directly attributeable to making the asset capable of operating as intended. Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.

Leasehold	Over the period of the lease
Plant & Machinery	20% on reducing balance
Motor Vehicles	10% & 20% on reducing balance
Fixtures & Fittings	20% on cost
Computer Equipment	Straight line over 3 years

2.4. Leasing and Hire Purchase Contracts

Rentals payable and receivable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

2.5. 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.

2.6. Pensions

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit or loss in the period to which they relate to.

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Love's Independent Funeral Directors Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.7. Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 13 (2024: 13)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 January 2025	109,978	47,323	180,459	2,698
Additions	-	6,124	-	-

As at 31 December 2025	109,978	53,447	180,459	2,698

Depreciation
As at 1 January 2025	27,495	22,399	61,550	1,531
Provided during the period	9,164	6,210	12,047	540

As at 31 December 2025	36,659	28,609	73,597	2,071

Net Book Value
As at 31 December 2025	73,319	24,838	106,862	627

As at 1 January 2025	82,483	24,924	118,909	1,167


	Computer Equipment	Total
	£	£
Cost
As at 1 January 2025	5,717	346,175
Additions	1,646	7,770

As at 31 December 2025	7,363	353,945

Depreciation
As at 1 January 2025	4,401	117,376
Provided during the period	1,654	29,615

As at 31 December 2025	6,055	146,991

Net Book Value
As at 31 December 2025	1,308	206,954

As at 1 January 2025	1,316	228,799

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Love's Independent Funeral Directors Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	42,314	4,028
Prepayments and accrued income	4,207	4,132

	46,521	8,160

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	14,450	2,480
Other taxes and social security	2,420	1,424
Other creditors	355	233
Accruals and deferred income	2,947	2,780
Directors' loan accounts	350,113	356,613

	370,285	363,530

7. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

8. Capital Commitments

Total financial commitments, guarentees and contingencies which are not included in the balance sheet amount to £27,500 (2024: £42,500).

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