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Registration number: 06433219

Pearce Funeral Services Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 November 2025

Pearce Funeral Services Limited

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 8

Pearce Funeral Services Limited

(Registration number: 06433219)
Balance Sheet as at 30 November 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 132,561 | 163,975
Current assets |  |  |
Stocks |  | 17,000 | -
Debtors | 5 | 189,486 | 107,285
Cash at bank and in hand |  | 88,686 | 50,096
|  | 295,172 | 157,381
Creditors: Amounts falling due within one year | 6 | (278,276) | (167,923)
Net current assets/(liabilities) |  | 16,896 | (10,542)
Total assets less current liabilities |  | 149,457 | 153,433
Creditors: Amounts falling due after more than one year | 6 | (131,039) | (125,609)
Provisions for liabilities |  | (18,031) | (22,107)
Net assets |  | 387 | 5,717
Capital and reserves |  |  |
Called up share capital |  | 300 | 300
Retained earnings |  | 87 | 5,417
Shareholders' funds |  | 387 | 5,717

Pearce Funeral Services Limited

(Registration number: 06433219)
Balance Sheet as at 30 November 2025

For the financial year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 20 August 2026 and signed on its behalf by:

......................................... Mr J E Pearce Director

Pearce Funeral Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
92 Ermin Street
Stratton-St-Margaret
Swindon
Wiltshire
SN3 4NN

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover from funeral services is shown net of sales, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable and deferred tax.

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 taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Pearce Funeral Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Asset class | Depreciation method and rate
Improvements | 10 years
Furniture and fittings | 7 years
Office equipment | 3 years
Motor vehicles | 5 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Pearce Funeral Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 20 (2024 - 18).

Pearce Funeral Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

4 | Tangible assets

| Short leasehold land and buildings £ | Fixtures and fittings £ | Office equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 December 2024 | 172,092 | 68,002 | 19,490 | 122,795 | 382,379
Additions | - | - | 814 | - | 814
At 30 November 2025 | 172,092 | 68,002 | 20,304 | 122,795 | 383,193
Depreciation
At 1 December 2024 | 88,504 | 41,486 | 16,754 | 71,660 | 218,404
Charge for the year | 16,618 | 4,407 | 1,056 | 10,147 | 32,228
At 30 November 2025 | 105,122 | 45,893 | 17,810 | 81,807 | 250,632
Carrying amount
At 30 November 2025 | 66,970 | 22,109 | 2,494 | 40,988 | 132,561
At 30 November 2024 | 83,588 | 26,516 | 2,736 | 51,135 | 163,975

Included within the net book value of land and buildings above is £66,970 (2024 - £83,588) in respect of short leasehold land and buildings.

Pearce Funeral Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

5 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 117,764 | 78,626
Prepayments | 21,382 | 10,903
Other debtors | 50,340 | 17,756
| 189,486 | 107,285

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 7 | 37,803 | 46,417
Trade creditors |  | 138,060 | 69,294
Taxation and social security |  | 45,634 | 33,728
Other creditors |  | 56,779 | 18,484
|  | 278,276 | 167,923

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 7 | 131,039 | 125,609

Pearce Funeral Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

7 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
Bank overdrafts | 7,382 | 10,817
Other borrowings | 30,421 | 35,600
| 37,803 | 46,417

Non-current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 131,039 | 125,609

8 | Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £1,016,983 (2024 - £1,105,083).