REGISTERED NUMBER: 11806522 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

NEIL AND SONYA MILSTED INDEPENDENT

FUNERAL DIRECTORS LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R N Milsted

Mrs S N Milsted

REGISTERED OFFICE:

Queensgate House

23 North Park Road

Harrogate

North Yorkshire

HG1 5PD

REGISTERED NUMBER:

11806522 (England and Wales)

ACCOUNTANTS:

SMH Howard Matthews Ltd

Queensgate House

23 North Park Road

Harrogate

HG1 5PD

FIXED ASSETS

Tangible assets

4

43,107

14,335

CURRENT ASSETS

Stocks

5,150

5,200

Debtors

5

584,873

575,040

Cash at bank

227,284

245,457

817,307

825,697

CREDITORS

Amounts falling due within one year

6

67,618

107,406

NET CURRENT ASSETS

749,689

718,291

TOTAL ASSETS LESS CURRENT LIABILITIES

792,796

732,626

PROVISIONS FOR LIABILITIES

789

-

NET ASSETS

792,007

732,626

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

791,907

732,526

792,007

732,626

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 August 2026 and were signed on its behalf by:

Mr R N Milsted - Director

Mrs S N Milsted - Director

1.	STATUTORY INFORMATION

Neil And Sonya Milsted Independent Funeral Directors Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2025

1,668

64,343

66,011

Additions

-

46,745

46,745

Disposals

-

(20,829

)

(20,829

)

At 31 March 2026

1,668

90,259

91,927

DEPRECIATION

At 1 April 2025

866

50,810

51,676

Charge for year

200

14,169

14,369

Eliminated on disposal

-

(17,225

)

(17,225

)

At 31 March 2026

1,066

47,754

48,820

NET BOOK VALUE

At 31 March 2026

602

42,505

43,107

At 31 March 2025

802

13,533

14,335

5.

DEBTORS

2026

2025

£

£

Amounts falling due within one year:

Other debtors

590

590

Corporation tax refundable

147,373

143,209

Directors' current accounts

436,660

424,323

VAT

250

401

584,873

568,523

Amounts falling due after more than one year:

Deferred tax asset

-

6,517

Aggregate amounts

584,873

575,040

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Prepayment plans

28,349

25,822

Trade creditors

326

817

Tax

34,865

78,255

Social security and other taxes

1,207

542

Pension creditor

-

170

Wages control

421

-

Accrued expenses

2,450

1,800

67,618

107,406

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

Mr R N Milsted

Balance outstanding at start of year

212,161

205,638

Amounts advanced

6,169

6,523

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

218,330

212,161

Mrs S N Milsted

Balance outstanding at start of year

212,161

205,638

Amounts advanced

6,169

6,523

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

218,330

212,161

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £64,000 were paid to the directors .

The company also paid rent of £33,621 to the directors.