1 February 2022 false No description of principal activity Taxfiler 2023.9 11773221business:PrivateLimitedCompanyLtd2022-02-012023-01-31 117732212022-01-31 117732212022-02-012023-01-31 11773221business:AuditExemptWithAccountantsReport2022-02-012023-01-31 11773221business:FilletedAccounts2022-02-012023-01-31 117732212023-01-31 11773221business:Director12022-02-012023-01-31 11773221business:RegisteredOffice2022-02-012023-01-31 117732212022-01-31 11773221core:WithinOneYear2023-01-31 11773221core:WithinOneYear2022-01-31 11773221core:AfterOneYear2023-01-31 11773221core:AfterOneYear2022-01-31 11773221core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 11773221core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-01-31 11773221core:PreviouslyStatedAmount2023-01-31 11773221core:PreviouslyStatedAmount2022-01-31 11773221business:SmallEntities2022-02-012023-01-31 11773221countries:EnglandWales2022-02-012023-01-31 11773221core:PlantMachinery2022-02-012023-01-31 11773221core:MotorVehicles2022-02-012023-01-31 11773221core:FurnitureFittings2022-02-012023-01-31 11773221core:PlantMachinery2022-01-31 11773221core:MotorVehicles2022-01-31 11773221core:FurnitureFittings2022-01-31 11773221core:PlantMachinery2023-01-31 11773221core:MotorVehicles2023-01-31 11773221core:FurnitureFittings2023-01-31 117732212021-02-012022-01-31 iso4217:GBP xbrli:pure
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
Page
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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
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MIGHTY SIGNS LTD Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
16,057 
12,711 
Current assets
Inventories
4,000 
4,000 
Debtors
8,633 
- 
Cash at bank and in hand
7,970 
12,644 
20,603 
16,644 
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)
Net assets
18,556 
7,243 
Capital and reserves
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
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MIGHTY SIGNS LTD Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
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 
Net book value
At 31 January 2023
9,353 
6,660 
44 
16,057 
At 31 January 2022
3,207 
9,440 
64 
12,711 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
8,633 
- 
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MIGHTY SIGNS LTD Notes to the Accounts for the year ended 31 January 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
5,658 
998 
Taxes and social security
3,563 
- 
9,221 
998 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
8,883 
11,495 
Loans from directors
- 
9,619 
8,883 
21,114 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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