Signtime Limited - Limited company - abbreviated - 11.9

Signtime Limited - Limited company - abbreviated - 11.9

SIGNTIME LIMITED - Company Information

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REGISTERED NUMBER: 04188853 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Signtime Limited

Signtime Limited (Registered number: 04188853)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Signtime Limited

Company Information
for the Year Ended 31 March 2015







DIRECTOR: R W Beasley





SECRETARY: Mrs R Beasley





REGISTERED OFFICE: Unit 4C
Dean 7 Chapter Industrial Estate
Ferryhill
Co. Durham
DL17 8LN





REGISTERED NUMBER: 04188853 (England and Wales)





ACCOUNTANTS: G D O'Hehir & Co Ltd
Chartered Accountants & Statutory Auditors
22/23 Clyde Terrace
Spennymoor
Co. Durham
DL16 7SE
Page 1
Signtime Limited (Registered number: 04188853)

Abbreviated Balance Sheet
31 March 2015

31.3.15 31.3.14
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 58,869 74,702

CURRENT ASSETS
Debtors 76,756 86,986
Cash at bank 108,878 97,300
185,634 184,286
CREDITORS
Amounts falling due within one
year
54,980
57,376
NET CURRENT ASSETS 130,654 126,910
TOTAL ASSETS LESS CURRENT
LIABILITIES
189,523
201,612

CREDITORS
Amounts falling due after more
than one year
-
(17,640		 )

PROVISIONS FOR LIABILITIES (7,910 ) (10,229 )
NET ASSETS 181,613 173,743

CAPITAL AND RESERVES
Called up share capital 3 150 150
Profit and loss account 181,463 173,593
SHAREHOLDERS' FUNDS 181,613 173,743

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 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 notes form part of these abbreviated accounts

Page 2 continued...
Signtime Limited (Registered number: 04188853)

Abbreviated Balance Sheet - continued
31 March 2015


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 director on 17 December 2015 and
were signed by:





R W Beasley - Director


The notes form part of these abbreviated accounts

Page 3
Signtime Limited (Registered number: 04188853)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 2015

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 services, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc - 25% on reducing balance, 20% on reducing balance and 15% on cost

Deferred tax
Deferred tax is recognised in respect of all timing differences that have
originated but not reversed at the balance sheet date.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are
capitalised in the balance sheet. Those held under hire purchase contracts
are depreciated over their estimated useful lives. Those held under
finance leases are depreciated over their estimated useful lives or the
lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss
account over the relevant period. The capital element of the future
payments is treated as a liability.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014 187,325
Additions 5,977
At 31 March 2015 193,302
DEPRECIATION
At 1 April 2014 112,623
Charge for year 21,810
At 31 March 2015 134,433
NET BOOK VALUE
At 31 March 2015 58,869
At 31 March 2014 74,702

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.15 31.3.14
value: £    £   
150 Ordinary £1 150 150

Page 4 continued...
Signtime Limited (Registered number: 04188853)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 March 2015

4. GOING CONCERN REVIEW

The director is 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 result he has adopted the going concern basis of
accounting.

Page 5