Sign Supplier Ltd - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 12116738 (England and Wales)

Financial Statements for the Year Ended 31 July 2022

for

Sign Supplier Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D Mollard

SECRETARY:

REGISTERED OFFICE:

Unit 15 Dale Industrial Estate

Radcliffe

Manchester

United Kingdom

M26 1AD

REGISTERED NUMBER:

12116738 (England and Wales)

ACCOUNTANTS:

Rowlinson Rainbow & Company

5/7 New Road

Radcliffe

Greater Manchester

M26 1LS

BANKERS:

Barclays Bank Plc

Bury Branch

Bury

Manchester

BL9 ODJ

FIXED ASSETS

Property, plant and equipment

4

17,866

-

CURRENT ASSETS

Debtors

5

110,626

91,573

Cash at bank

58,465

141,413

169,091

232,986

CREDITORS

Amounts falling due within one year

6

111,445

133,474

NET CURRENT ASSETS

57,646

99,512

TOTAL ASSETS LESS CURRENT LIABILITIES

75,512

99,512

CREDITORS

Amounts falling due after more than one year

7

42,556

50,000

NET ASSETS

32,956

49,512

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

32,955

49,511

32,956

49,512

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2022 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 25 April 2023 and were signed by:

D Mollard - Director

1.	STATUTORY INFORMATION

Sign Supplier 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.

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

Revenue 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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 7 (2021 - NIL ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

Additions

22,333

At 31 July 2022

22,333

DEPRECIATION

Charge for year

4,467

At 31 July 2022

4,467

NET BOOK VALUE

At 31 July 2022

17,866

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.22

31.7.21

£

£

Trade debtors

110,625

90,703

Other debtors

1

870

110,626

91,573

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.22

31.7.21

£

£

Trade creditors

31,653

43,354

Taxation and social security

15,562

8,850

Other creditors

64,230

81,270

111,445

133,474

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.22

31.7.21

£

£

Other creditors

42,556

50,000