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REGISTERED NUMBER: 10683539 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

C THE SIGNS LIMITED

C THE SIGNS LIMITED (Registered number: 10683539)

Contents of the Financial Statements
for the Year Ended 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


C THE SIGNS LIMITED

Company Information
for the Year Ended 31 MARCH 2023







DIRECTORS: Dr B Bakshi
Dr M Payling
B Macfarlane





REGISTERED OFFICE: Gridiron Building
1 Pancras Square
Kings Cross
London
N1C 4AG





REGISTERED NUMBER: 10683539 (England and Wales)





ACCOUNTANTS: Frasers Young Limited
Chartered Certified Accountants
Alpha House
296 Kenton Road
Harrow
HA3 8DD

C THE SIGNS LIMITED (Registered number: 10683539)

Balance Sheet
31 MARCH 2023

31.3.23 31.3.22
Notes £    £   
FIXED ASSETS
Intangible assets 4 1,636,242 839,821
Tangible assets 5 34,625 38,805
1,670,867 878,626

CURRENT ASSETS
Debtors 6 1,079,627 471,386
Cash at bank 1,176,283 4,012,413
2,255,910 4,483,799
CREDITORS
Amounts falling due within one year 7 (638,322 ) (1,087,436 )
NET CURRENT ASSETS 1,617,588 3,396,363
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,288,455

4,274,989

CREDITORS
Amounts falling due after more than one
year

8

(33,333

)

(43,333

)
NET ASSETS 3,255,122 4,231,656

CAPITAL AND RESERVES
Called up share capital 3,212 3,212
Share premium 5,034,216 5,034,216
Retained earnings (1,782,306 ) (805,772 )
SHAREHOLDERS' FUNDS 3,255,122 4,231,656

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

C THE SIGNS LIMITED (Registered number: 10683539)

Balance Sheet - continued
31 MARCH 2023


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 6 July 2023 and were signed on its behalf by:




Dr B Bakshi - Director



Dr M Payling - Director


C THE SIGNS LIMITED (Registered number: 10683539)

Notes to the Financial Statements
for the Year Ended 31 MARCH 2023


1. STATUTORY INFORMATION

C THE 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.

Intangible assets
Other intangible assets refers to research and development costs, initially capitalised, at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Research and development costs are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - Straight line over 5 years
Computer equipment - Straight line over 5 years

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.

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.

C THE SIGNS LIMITED (Registered number: 10683539)

Notes to the Financial Statements - continued
for the Year Ended 31 MARCH 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2022 - 17 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2022 1,130,680
Additions 1,128,933
At 31 March 2023 2,259,613
AMORTISATION
At 1 April 2022 290,859
Charge for year 332,512
At 31 March 2023 623,371
NET BOOK VALUE
At 31 March 2023 1,636,242
At 31 March 2022 839,821

5. TANGIBLE FIXED ASSETS
Fixtures
Short and Computer
leasehold fittings equipment Totals
£    £    £    £   
COST
At 1 April 2022 7,566 19,913 52,654 80,133
Additions - - 10,462 10,462
At 31 March 2023 7,566 19,913 63,116 90,595
DEPRECIATION
At 1 April 2022 - 11,816 29,512 41,328
Charge for year - 3,983 10,659 14,642
At 31 March 2023 - 15,799 40,171 55,970
NET BOOK VALUE
At 31 March 2023 7,566 4,114 22,945 34,625
At 31 March 2022 7,566 8,097 23,142 38,805

C THE SIGNS LIMITED (Registered number: 10683539)

Notes to the Financial Statements - continued
for the Year Ended 31 MARCH 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 330,000 225,266
Other debtors 749,627 246,120
1,079,627 471,386

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 28,686 52,480
Taxation and social security 88,976 272,061
Other creditors 520,660 762,895
638,322 1,087,436

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans 33,333 43,333

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 33,333 43,333