Company Registration No. 11773221 (England and Wales)
MIGHTY SIGNS LTD
Unaudited accounts
for the year ended 31 January 2023
MIGHTY SIGNS LTD
Unaudited accounts
Contents
MIGHTY SIGNS LTD
Company Information
for the year ended 31 January 2023
Director
Johnathan Anthony George Wiltshire
Company Number
11773221 (England and Wales)
Registered Office
37 HEOL-Y-MYNACH
YNYSYBWL
PONTYPRIDD
CF37 3PE
UNITED KINGDOM
Accountants
COUNTRYWIDE TAX RETURNS LIMITED
15 BRONLLAN
WINCHWEN
SWANSEA
SA1 7EQ
MIGHTY SIGNS LTD
Statement of financial position
as at 31 January 2023
Tangible assets
16,057
12,711
Cash at bank and in hand
7,970
12,644
Creditors: amounts falling due within one year
(9,221)
(998)
Net current assets
11,382
15,646
Total assets less current liabilities
27,439
28,357
Creditors: amounts falling due after more than one year
(8,883)
(21,114)
Profit and loss account
18,556
7,243
Shareholders' funds
18,556
7,243
For the year ending 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 October 2023 and were signed on its behalf by
Johnathan Anthony George Wiltshire
Director
Company Registration No. 11773221
MIGHTY SIGNS LTD
Notes to the Accounts
for the year ended 31 January 2023
MIGHTY SIGNS LTD is a private company, limited by shares, registered in England and Wales, registration number 11773221. The registered office is 37 HEOL-Y-MYNACH, YNYSYBWL, PONTYPRIDD, CF37 3PE, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5 Years straight line
Motor vehicles
5 Years straight line
Fixtures & fittings
5 Years straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2022
12,060
13,900
104
26,064
Additions
11,504
-
-
11,504
At 31 January 2023
23,564
13,900
104
37,568
At 1 February 2022
8,853
4,460
40
13,353
Charge for the year
5,358
2,780
20
8,158
At 31 January 2023
14,211
7,240
60
21,511
At 31 January 2023
9,353
6,660
44
16,057
At 31 January 2022
3,207
9,440
64
12,711
Amounts falling due within one year
MIGHTY SIGNS LTD
Notes to the Accounts
for the year ended 31 January 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
3,563
-
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
-
9,619
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).