Company Registration No. 09698214 (England and Wales)
Alphabet Signs (Commercial) Ltd
Unaudited accounts
for the year ended 31 July 2023
Alphabet Signs (Commercial) Ltd
Unaudited accounts
Contents
Alphabet Signs (Commercial) Ltd
Company Information
for the year ended 31 July 2023
Company Number
09698214 (England and Wales)
Registered Office
Unit 72
Woolmer Trading Estate
Bordon
Hampshire
GU35 9QF
United Kingdom
Accountants
M A Accountancy Group
Wolfe Mead
Farnham Road
Bordon
Hampshire
GU35 0NH
Alphabet Signs (Commercial) Ltd
Statement of financial position
as at 31 July 2023
Tangible assets
13,351
13,294
Cash at bank and in hand
28,842
25,988
Creditors: amounts falling due within one year
(15,724)
(29,903)
Net current assets
31,625
14,388
Total assets less current liabilities
44,976
27,682
Provisions for liabilities
Deferred tax
(2,515)
(2,526)
Called up share capital
100
100
Profit and loss account
42,361
25,056
Shareholders' funds
42,461
25,156
For the year ending 31 July 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 6 March 2024 and were signed on its behalf by
Steven Motts
Director
Company Registration No. 09698214
Alphabet Signs (Commercial) Ltd
Notes to the Accounts
for the year ended 31 July 2023
Alphabet Signs (Commercial) Ltd is a private company, limited by shares, registered in England and Wales, registration number 09698214. The registered office is Unit 72, Woolmer Trading Estate, Bordon, Hampshire, GU35 9QF, 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.
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 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
15% on reducing balance
Motor vehicles
25% on reducing balance
Computer equipment
20% on reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Alphabet Signs (Commercial) Ltd
Notes to the Accounts
for the year ended 31 July 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2022
20,154
1,870
2,706
24,730
Additions
2,084
-
333
2,417
At 31 July 2023
22,238
1,870
3,039
27,147
At 1 August 2022
8,245
1,537
1,654
11,436
Charge for the year
2,047
83
230
2,360
At 31 July 2023
10,292
1,620
1,884
13,796
At 31 July 2023
11,946
250
1,155
13,351
At 31 July 2022
11,909
333
1,052
13,294
Amounts falling due within one year
Trade debtors
12,943
12,456
Accrued income and prepayments
4,064
3,847
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
1,834
4,035
Taxes and social security
5,903
22,519
Loans from directors
2,682
2,599
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Average number of employees
During the year the average number of employees was 2 (2022: 2).