Silverfin false 30/09/2022 01/10/2021 30/09/2022 Mr M Porosa 28/01/2020 30 September 2023 The principal activity of the company during the financial year was that of signmakers. 11582193 2022-09-30 11582193 bus:Director1 2022-09-30 11582193 2021-09-30 11582193 core:CurrentFinancialInstruments 2022-09-30 11582193 core:CurrentFinancialInstruments 2021-09-30 11582193 core:Non-currentFinancialInstruments 2022-09-30 11582193 core:Non-currentFinancialInstruments 2021-09-30 11582193 core:ShareCapital 2022-09-30 11582193 core:ShareCapital 2021-09-30 11582193 core:RetainedEarningsAccumulatedLosses 2022-09-30 11582193 core:RetainedEarningsAccumulatedLosses 2021-09-30 11582193 core:OtherPropertyPlantEquipment 2021-09-30 11582193 core:OtherPropertyPlantEquipment 2022-09-30 11582193 bus:OrdinaryShareClass1 2022-09-30 11582193 2021-10-01 2022-09-30 11582193 bus:FullAccounts 2021-10-01 2022-09-30 11582193 bus:SmallEntities 2021-10-01 2022-09-30 11582193 bus:AuditExemptWithAccountantsReport 2021-10-01 2022-09-30 11582193 bus:PrivateLimitedCompanyLtd 2021-10-01 2022-09-30 11582193 bus:Director1 2021-10-01 2022-09-30 11582193 core:OtherPropertyPlantEquipment core:TopRangeValue 2021-10-01 2022-09-30 11582193 2020-10-01 2021-09-30 11582193 core:OtherPropertyPlantEquipment 2021-10-01 2022-09-30 11582193 core:Non-currentFinancialInstruments 2021-10-01 2022-09-30 11582193 bus:OrdinaryShareClass1 2021-10-01 2022-09-30 11582193 bus:OrdinaryShareClass1 2020-10-01 2021-09-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 11582193 (England and Wales)

GOOD SIGNAGE CO LIMITED

Unaudited Financial Statements
For the financial year ended 30 September 2022
Pages for filing with the registrar

GOOD SIGNAGE CO LIMITED

Unaudited Financial Statements

For the financial year ended 30 September 2022

Contents

GOOD SIGNAGE CO LIMITED

COMPANY INFORMATION

For the financial year ended 30 September 2022
GOOD SIGNAGE CO LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 30 September 2022
DIRECTOR Mr M Porosa
REGISTERED OFFICE Sigma House Oak View Close
Edginswell Park
Torquay
TQ2 7FF
United Kingdom
COMPANY NUMBER 11582193 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Sigma House
Oak View Close
Edginswell Park
Torquay
Devon TQ2 7FF
GOOD SIGNAGE CO LIMITED

BALANCE SHEET

As at 30 September 2022
GOOD SIGNAGE CO LIMITED

BALANCE SHEET (continued)

As at 30 September 2022
Note 2022 2021
£ £
Fixed assets
Tangible assets 3 948 3,971
948 3,971
Current assets
Stocks 500 500
Debtors 4 13,943 27,714
Cash at bank and in hand ( 1,561) 3,526
12,882 31,740
Creditors: amounts falling due within one year 5 ( 15,891) ( 25,307)
Net current (liabilities)/assets (3,009) 6,433
Total assets less current liabilities (2,061) 10,404
Creditors: amounts falling due after more than one year 6 ( 7,861) 0
Net (liabilities)/assets ( 9,922) 10,404
Capital and reserves
Called-up share capital 7 100 100
Profit and loss account ( 10,022 ) 10,304
Total shareholder's (deficit)/funds ( 9,922) 10,404

For the financial year ending 30 September 2022 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Good Signage Co Limited (registered number: 11582193) were approved and authorised for issue by the Director on 30 September 2023. They were signed on its behalf by:

Mr M Porosa
Director
GOOD SIGNAGE CO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2022
GOOD SIGNAGE CO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2022
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Good Signage Co Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Sigma House Oak View Close, Edginswell Park, Torquay, TQ2 7FF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Plant and machinery etc. 4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

2. Employees

2022 2021
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 October 2021 13,088 13,088
Additions 315 315
At 30 September 2022 13,403 13,403
Accumulated depreciation
At 01 October 2021 9,117 9,117
Charge for the financial year 3,338 3,338
At 30 September 2022 12,455 12,455
Net book value
At 30 September 2022 948 948
At 30 September 2021 3,971 3,971

4. Debtors

2022 2021
£ £
Trade debtors 2,578 12,645
Other debtors 11,365 15,069
13,943 27,714

5. Creditors: amounts falling due within one year

2022 2021
£ £
Bank loans 1,320 12,093
Trade creditors 1,100 1,100
Taxation and social security 12,281 11,556
Other creditors 1,190 558
15,891 25,307

6. Creditors: amounts falling due after more than one year

2022 2021
£ £
Other creditors 7,861 0

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

2022 2021
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100

8. Related party transactions

Transactions with the entity's director

2022 2021
£ £
Brought forward 14,053 5,035
Advances to director 27,037 20,078
Repayments by director (30,741) (11,060)
Carried Forward 10,349 14,053