IRIS Accounts Production v23.2.0.158 03310357 Board of Directors 1.2.22 31.1.23 31.1.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure033103572022-01-31033103572023-01-31033103572022-02-012023-01-31033103572021-01-31033103572021-02-012022-01-31033103572022-01-3103310357ns16:EnglandWales2022-02-012023-01-3103310357ns15:PoundSterling2022-02-012023-01-3103310357ns11:Director12022-02-012023-01-3103310357ns11:PrivateLimitedCompanyLtd2022-02-012023-01-3103310357ns11:SmallEntities2022-02-012023-01-3103310357ns11:AuditExempt-NoAccountantsReport2022-02-012023-01-3103310357ns11:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3103310357ns11:SmallCompaniesRegimeForAccounts2022-02-012023-01-3103310357ns11:FullAccounts2022-02-012023-01-3103310357ns11:Director22022-02-012023-01-3103310357ns11:Director32022-02-012023-01-3103310357ns11:CompanySecretary12022-02-012023-01-3103310357ns11:RegisteredOffice2022-02-012023-01-3103310357ns6:CurrentFinancialInstruments2023-01-3103310357ns6:CurrentFinancialInstruments2022-01-3103310357ns6:Non-currentFinancialInstruments2023-01-3103310357ns6:Non-currentFinancialInstruments2022-01-3103310357ns6:ShareCapital2023-01-3103310357ns6:ShareCapital2022-01-3103310357ns6:RetainedEarningsAccumulatedLosses2023-01-3103310357ns6:RetainedEarningsAccumulatedLosses2022-01-3103310357ns6:LandBuildings2022-01-3103310357ns6:PlantMachinery2022-01-3103310357ns6:LandBuildings2022-02-012023-01-3103310357ns6:PlantMachinery2022-02-012023-01-3103310357ns6:LandBuildings2023-01-3103310357ns6:PlantMachinery2023-01-3103310357ns6:LandBuildings2022-01-3103310357ns6:PlantMachinery2022-01-3103310357ns6:WithinOneYearns6:CurrentFinancialInstruments2023-01-3103310357ns6:WithinOneYearns6:CurrentFinancialInstruments2022-01-31
REGISTERED NUMBER: 03310357 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2023

FOR

SIGN FORCE LTD

SIGN FORCE LTD (REGISTERED NUMBER: 03310357)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SIGN FORCE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTORS: J L Watts
Mrs K Watts
Mrs K J Watts





SECRETARY: Mrs K J Watts





REGISTERED OFFICE: Unit 5 Burton Close
Vulcan Road Industrial Estate
Norwich
Norfolk
NR6 6AY





REGISTERED NUMBER: 03310357 (England and Wales)





ACCOUNTANTS: Quinneys
Chartered Certified Accountants
Saxon House
Hellesdon Park Road
Norwich
Norfolk
NR6 5DR

SIGN FORCE LTD (REGISTERED NUMBER: 03310357)

BALANCE SHEET
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 250,204 234,279

CURRENT ASSETS
Stocks 32,958 34,267
Debtors 5 114,260 140,779
Cash at bank and in hand 177,184 213,862
324,402 388,908
CREDITORS
Amounts falling due within one year 6 164,955 213,426
NET CURRENT ASSETS 159,447 175,482
TOTAL ASSETS LESS CURRENT LIABILITIES 409,651 409,761

CREDITORS
Amounts falling due after more than one
year

7

(67,664

)

(85,096

)

PROVISIONS FOR LIABILITIES (21,038 ) (17,553 )
NET ASSETS 320,949 307,112

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 320,749 306,912
320,949 307,112

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

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

SIGN FORCE LTD (REGISTERED NUMBER: 03310357)

BALANCE SHEET - continued
31 JANUARY 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 12 June 2023 and were signed on its behalf by:





J L Watts - Director


SIGN FORCE LTD (REGISTERED NUMBER: 03310357)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1. STATUTORY INFORMATION

Sign Force Ltd 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.

Freehold property 2% straight line
Finance leases 5 years straight line
Vehicles 25% per annum
Equipment 25% per annum

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.

SIGN FORCE LTD (REGISTERED NUMBER: 03310357)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

2. ACCOUNTING POLICIES - continued

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 10 (2022 - 9 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2022 168,859 463,423 632,282
Additions - 46,711 46,711
At 31 January 2023 168,859 510,134 678,993
DEPRECIATION
At 1 February 2022 37,147 360,856 398,003
Charge for year 3,377 27,409 30,786
At 31 January 2023 40,524 388,265 428,789
NET BOOK VALUE
At 31 January 2023 128,335 121,869 250,204
At 31 January 2022 131,712 102,567 234,279

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 101,671 127,048
Other debtors 12,589 13,731
114,260 140,779

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 19,600 20,733
Hire purchase contracts 28,986 28,680
Trade creditors 88,131 114,943
Taxation and social security 13,926 33,308
Other creditors 14,312 15,762
164,955 213,426

SIGN FORCE LTD (REGISTERED NUMBER: 03310357)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 48,516 66,203
Hire purchase contracts 19,148 18,893
67,664 85,096