Hortons Funeral Services Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09107545 (England and Wales)

Unaudited Financial Statements for the Year Ended 30th September 2021

for

Hortons Funeral Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M D Horton

REGISTERED OFFICE:

1 Mantholme Offices

Molescroft Grange Farm

Grange Way

Beverley

HU17 9FS

REGISTERED NUMBER:

09107545 (England and Wales)

ACCOUNTANTS:

Dymond Accountants

1 Mantholme Offices

Molescroft Grange Farm

Beverley

East Yorkshire

HU17 9FS

FIXED ASSETS

Tangible assets

4

52,888

55,543

CURRENT ASSETS

Stocks

1,000

620

Cash at bank and in hand

209,464

205,903

210,464

206,523

CREDITORS

Amounts falling due within one year

5

183,414

203,117

NET CURRENT ASSETS

27,050

3,406

TOTAL ASSETS LESS CURRENT LIABILITIES

79,938

58,949

PROVISIONS FOR LIABILITIES

9,232

9,232

NET ASSETS

70,706

49,717

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

70,606

49,617

70,706

49,717

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 22nd February 2022 and were signed by:

M D Horton - Director

1.	STATUTORY INFORMATION

Hortons Funeral Services Limited 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.

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

-

20% on reducing balance

Motor vehicles

-

25% on cost

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1st October 2020

105,082

34,450

139,532

Additions

-

25,000

25,000

At 30th September 2021

105,082

59,450

164,532

DEPRECIATION

At 1st October 2020

71,069

12,920

83,989

Charge for year

10,205

17,450

27,655

At 30th September 2021

81,274

30,370

111,644

NET BOOK VALUE

At 30th September 2021

23,808

29,080

52,888

At 30th September 2020

34,013

21,530

55,543

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.21

30.9.20

£

£

Taxation and social security

10,071

14,007

Other creditors

173,343

189,110

183,414

203,117