Signtime Graphics Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05088386 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Signtime Graphics Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R W Beasley

G E Siddle

SECRETARY:

R W Beasley

REGISTERED OFFICE:

Unit 4C

Dean & Chapter Industrial Estate

Ferryhill

Co. Durham

DL17 8LN

REGISTERED NUMBER:

05088386 (England and Wales)

ACCOUNTANTS:

G D O'Hehir & Co Ltd

Chartered Accountants & Statutory Auditors

22/23 Clyde Terrace

Spennymoor

Co. Durham

DL16 7SE

FIXED ASSETS

Tangible assets

2

10,771

11,761

CURRENT ASSETS

Stocks

1,000

1,000

Debtors

3,223

9,544

Cash at bank and in hand

2,777

2,704

7,000

13,248

CREDITORS

Amounts falling due within one year

7,806

10,701

NET CURRENT (LIABILITIES)/ASSETS

(806

)

2,547

TOTAL ASSETS LESS CURRENT LIABILITIES

9,965

14,308

PROVISIONS FOR LIABILITIES

1,951

2,105

NET ASSETS

8,014

12,203

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

7,914

12,103

SHAREHOLDERS' FUNDS

8,014

12,203

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 17 December 2015 and were signed on its behalf by:

G E Siddle - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost

convention and in accordance with the Financial Reporting Standard for

Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance and 10% 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have

originated but not reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

31,242

Additions

547

At 31 March 2015

31,789

DEPRECIATION

At 1 April 2014

19,481

Charge for year

1,537

At 31 March 2015

21,018

NET BOOK VALUE

At 31 March 2015

10,771

At 31 March 2014

11,761

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

Ordinary

£1

100

100

4.	GOING CONCERN REVIEW

The directors are not aware of any reason why sales should reduce

significantly next year.No material uncertainties that may cast significant

doubt on the ability of the company to continue as a going concern have

been identified. As a resultt hey have adopted the going concern basis of

accounting..