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REGISTERED NUMBER: 04598822 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2021

for

A.R. Signs Limited

A.R. Signs Limited (Registered number: 04598822)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A.R. Signs Limited

Company Information
for the Year Ended 31 December 2021







DIRECTORS: AP Hart
AJ Richardson-Walsh
JJ Gladstone





REGISTERED OFFICE: 32 Leicester Street
Melton Mowbray
Leicestershire
LE13 0PP





REGISTERED NUMBER: 04598822 (England and Wales)





ACCOUNTANTS: RR Accountancy Ltd
Chartered Accountant
32 Leicester Street
Melton Mowbray
Leicestershire
LE13 0PP

A.R. Signs Limited (Registered number: 04598822)

Balance Sheet
31 December 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 127,676 102,498

CURRENT ASSETS
Stocks 15,500 14,000
Debtors 5 219,099 211,675
Cash at bank and in hand 196,045 246,419
430,644 472,094
CREDITORS
Amounts falling due within one year 6 223,106 228,861
NET CURRENT ASSETS 207,538 243,233
TOTAL ASSETS LESS CURRENT
LIABILITIES

335,214

345,731

PROVISIONS FOR LIABILITIES 8 24,258 19,369
NET ASSETS 310,956 326,362

CAPITAL AND RESERVES
Called up share capital 120 120
Share premium 79,980 79,980
Retained earnings 230,856 246,262
SHAREHOLDERS' FUNDS 310,956 326,362

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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.

A.R. Signs Limited (Registered number: 04598822)

Balance Sheet - continued
31 December 2021


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 Board of Directors and authorised for issue on 15 August 2022 and were signed on its behalf by:





AJ Richardson-Walsh - Director


A.R. Signs Limited (Registered number: 04598822)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

A.R. Signs 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 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
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.
Plant and machinery etc - 50% on reducing balance, 25% on reducing balance and 20% 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.

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 17 (2020 - 17 ) .

A.R. Signs Limited (Registered number: 04598822)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2021 11,542 361,649 373,191
Additions - 87,205 87,205
Disposals - (63,834 ) (63,834 )
At 31 December 2021 11,542 385,020 396,562
DEPRECIATION
At 1 January 2021 5,517 265,176 270,693
Charge for year 899 42,746 43,645
Eliminated on disposal - (45,452 ) (45,452 )
At 31 December 2021 6,416 262,470 268,886
NET BOOK VALUE
At 31 December 2021 5,126 122,550 127,676
At 31 December 2020 6,025 96,473 102,498

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 183,548 157,300
Other debtors 35,551 54,375
219,099 211,675

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade creditors 95,121 94,788
Taxation and social security 100,684 120,320
Other creditors 27,301 13,753
223,106 228,861

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2021 2020
£    £   
Within one year 38,150 46,805
Between one and five years 110,000 88,600
In more than five years 27,500 -
175,650 135,405

A.R. Signs Limited (Registered number: 04598822)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

8. PROVISIONS FOR LIABILITIES
2021 2020
£    £   
Deferred tax 24,258 19,369

Deferred
tax
£   
Balance at 1 January 2021 19,369
Provided during year 4,889
Balance at 31 December 2021 24,258

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

A director of the company had a balance brought forward of £22,100. £11,500 was repaid during the year. The balance at the end of 2021 was £10,600.

Interest is payable on this amount and it is repayable on demand.

10. POST BALANCE SHEET EVENTS

Since the year end the decision has been made to close a branch of the company. The operations there will be absorbed into the remaining branch and there is not expected to be any negative impact on the performance of the company. The costs of closure are more than offset by the savings to be made in consolidating activity.