Signature Creative Solutions Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07136142 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2018

for

Signature Creative Solutions Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C L Cox

REGISTERED OFFICE:

Belfry House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

REGISTERED NUMBER:

07136142 (England and Wales)

ACCOUNTANTS:

Philip T. Chave & Co

Belfry House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

FIXED ASSETS

Tangible assets

4

2,226

2,029

CURRENT ASSETS

Debtors

7,204

30,403

Cash at bank

20,296

24,655

27,500

55,058

CREDITORS

Amounts falling due within one year

17,650

45,022

NET CURRENT ASSETS

9,850

10,036

TOTAL ASSETS LESS CURRENT LIABILITIES

12,076

12,065

PROVISIONS FOR LIABILITIES

5

423

-

NET ASSETS

11,653

12,065

CAPITAL AND RESERVES

Called up share capital

6

1,000

1,000

Retained earnings

10,653

11,065

SHAREHOLDERS' FUNDS

11,653

12,065

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 January 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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 on 24 October 2018 and were signed by:

C L Cox - Director

1.	STATUTORY INFORMATION

Signature Creative Solutions 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Office equipment

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2017

11,197

Additions

908

At 31 January 2018

12,105

DEPRECIATION

At 1 February 2017

9,168

Charge for year

711

At 31 January 2018

9,879

NET BOOK VALUE

At 31 January 2018

2,226

At 31 January 2017

2,029

5.	PROVISIONS FOR LIABILITIES

31.1.18

31.1.17

£

£

Deferred tax

423

-

Deferred

tax

£

Provided during year

423

Balance at 31 January 2018

423

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.18

31.1.17

value:

£

£

1,000

Ordinary

£1

1,000

1,000

7.	RELATED PARTY DISCLOSURES

The director C L Cox is a related party to the company. The company distributed dividends of £NIL (2017: £22,000) to the

director for the period ended 31 January 2018. The balance due to the director C L Cox as at 31 January 2018 was £2,594

(2017: £21,797).

8.	ULTIMATE CONTROLLING PARTY

The controlling party is C L Cox.