LITTLE'S FUNERAL SERVICE LIMITED


Directors	MATTHEWS, Heather Agnes
	WILLS, George
	WILLS, Morag


Company Secretary	MATTHEWS, Heather Agnes


Registered Address	316 Clarkston Road
	Glasgow
	G44 3EG


Registered Number	SC092317 (Scotland)

Statement of Financial Position
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Intangible assets	3		10,441		13,922
Tangible assets	4		591,687		627,990
			602,128		641,912
Current assets
Stocks	5	5,260		5,566
Debtors	6	51,303		76,201
Cash at bank and on hand		285,539		275,429
		342,102		357,196
Creditors amounts falling due within one year	7	(69,885)		(63,799)
Net current assets (liabilities)			272,217		293,397
Total assets less current liabilities			874,345		935,309
Provisions for liabilities			(13,117)		(16,523)
Net assets			861,228		918,786
Capital and reserves
Called up share capital			1,000		1,000
Other reserves			5,317		5,317
Profit and loss account			854,911		912,469
Shareholders' funds			861,228		918,786

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 16 September 2026, and are signed on its behalf by:

MATTHEWS, Heather Agnes
Director
Registered Company No. SC092317

LITTLE'S FUNERAL SERVICE LIMITED

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 

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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Land and buildings	-	50
Fixtures and fittings	10	-
Vehicles	25	-
Office Equipment	25	-

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete). At each date of Statement of Financial Position, 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 the Income Statement.

	Financial instruments
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	5		5

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 April 25	19,800	19,800
At 31 March 26	19,800	19,800
Amortisation and impairment
At 01 April 25	5,878	5,878
Charge for year	3,481	3,481
At 31 March 26	9,359	9,359
Net book value
At 31 March 26	10,441	10,441
At 31 March 25	13,922	13,922

4.	Tangible fixed assets

	Land & buildings	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 April 25	849,680	59,858	54,372	5,772	969,682
Additions	-	-	-	3,021	3,021
At 31 March 26	849,680	59,858	54,372	8,793	972,703
Depreciation and impairment
At 01 April 25	264,054	34,605	38,630	4,403	341,692
Charge for year	30,717	6,313	1,574	720	39,324
At 31 March 26	294,771	40,918	40,204	5,123	381,016
Net book value
At 31 March 26	554,909	18,940	14,168	3,670	591,687
At 31 March 25	585,626	25,253	15,742	1,369	627,990

5.	Stocks

	2026	2025
	£	£
Other stocks	5,260	5,566
Total	5,260	5,566

6.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	44,402	18,239
Other debtors	6,901	57,962
Total	51,303	76,201

7.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	30,638	30,923
Taxation and social security	8,921	16,202
Other creditors	1,575	-
Accrued liabilities and deferred income	28,751	16,674
Total	69,885	63,799