Nine Sign Glasgow Limited - Dormant accounts - members and to registrar (filleted) 23.2

REGISTERED NUMBER: SC673307 (Scotland)

Unaudited Financial Statements

for the Year Ended 30 April 2023

for

Nine Sign Glasgow Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Kane

REGISTERED OFFICE:

Unit 9 28 Queen Elizabeth Avenue

Hillington Park

Glasgow

G52 4NQ

REGISTERED NUMBER:

SC673307 (Scotland)

FIXED ASSETS

Investments

4

408,000

CURRENT ASSETS

Debtors

5

1

CREDITORS

Amounts falling due within one year

6

37,500

8,000

NET CURRENT LIABILITIES

(37,499

)

(7,999

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

370,501

400,001

CREDITORS

Amounts falling due after more than one
year

7

370,500

400,000

NET ASSETS

1

CAPITAL AND RESERVES

Called up share capital

1

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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 9 January 2024 and were signed by:

M Kane - Director

1.	STATUTORY INFORMATION

Nine Sign Glasgow Limited is a private company, limited by shares , registered in Scotland. 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.

Preparation of consolidated financial statements

The financial statements contain information about Nine Sign Glasgow Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

Creditors

Creditors are measured at transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 May 2022

and 30 April 2023

408,000

NET BOOK VALUE

At 30 April 2023

408,000

At 30 April 2022

408,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.23

30.4.22

£

Other debtors

1

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.23

30.4.22

£

Amounts owed to group undertakings

11,000

8,000

Other creditors

26,500

-

37,500

8,000

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.4.23

30.4.22

£

Other creditors

370,500

400,000

8.	SECURED DEBTS

A floating charge covering all property and undertakings of the company has been granted to G & J Casey Ltd (As Trustee).