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REGISTERED NUMBER: 07783050 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022

FOR

CITY SIGN & GRAPHICS LIMITED

CITY SIGN & GRAPHICS LIMITED (REGISTERED NUMBER: 07783050)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CITY SIGN & GRAPHICS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2022







DIRECTOR: C J Cox





REGISTERED OFFICE: Unit 46 Lythalls Lane Industrial Estate
Coventry
United Kingdom
CV6 6FL





REGISTERED NUMBER: 07783050 (England and Wales)





ACCOUNTANTS: Askews Chartered Certified Accountants
5 The Quadrant
Coventry
West Midlands
CV1 2EL

CITY SIGN & GRAPHICS LIMITED (REGISTERED NUMBER: 07783050)

BALANCE SHEET
31 JULY 2022

2022 2021
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 45,653 48,292

CURRENT ASSETS
Stocks 10,000 10,000
Debtors 5 83,202 45,038
Cash at bank 6 18,867 24,573
112,069 79,611
CREDITORS
Amounts falling due within one year 7 132,445 89,047
NET CURRENT LIABILITIES (20,376 ) (9,436 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,277

38,856

CREDITORS
Amounts falling due after more than one
year

8

37,493

47,908
NET LIABILITIES (12,216 ) (9,052 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (12,217 ) (9,053 )
(12,216 ) (9,052 )

CITY SIGN & GRAPHICS LIMITED (REGISTERED NUMBER: 07783050)

BALANCE SHEET - continued
31 JULY 2022


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 3 November 2023 and were signed by:





C J Cox - Director


CITY SIGN & GRAPHICS LIMITED (REGISTERED NUMBER: 07783050)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2022


1. STATUTORY INFORMATION

City Sign & Graphics 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.

At 31 July 2022 the company had net liabilities of £12,216 (2021 - £9,052). Based on future forecasted profits and the continuing support of the company's bank, the director is of opinion of the company is a going concern and therefore the accounts have been prepared on this basis.

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 the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 10% on reducing balance
Motor vehicles - 25% reducing balance

Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financial transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

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.

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.

CITY SIGN & GRAPHICS LIMITED (REGISTERED NUMBER: 07783050)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2022


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 August 2021 64,839 11,150 75,989
Additions 2,750 - 2,750
At 31 July 2022 67,589 11,150 78,739
DEPRECIATION
At 1 August 2021 18,587 9,110 27,697
Charge for year 4,879 510 5,389
At 31 July 2022 23,466 9,620 33,086
NET BOOK VALUE
At 31 July 2022 44,123 1,530 45,653
At 31 July 2021 46,252 2,040 48,292

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
as restated
£    £   
Trade debtors 23,192 19,466
Other debtors 60,010 25,572
83,202 45,038

6. CASH AT BANK
2022 2021
as restated
£    £   
Bank 18,867 24,573

CITY SIGN & GRAPHICS LIMITED (REGISTERED NUMBER: 07783050)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2022


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
as restated
£    £   
Bank loans 6,749 10,092
Trade creditors 60,739 31,034
Taxation and social security 30,688 37,930
Other creditors 34,269 9,991
132,445 89,047

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
as restated
£    £   
Bank loans 32,454 37,476
Other creditors 5,039 10,432
37,493 47,908

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2022 and 31 July 2021:

2022 2021
as restated
£    £   
C J Cox
Balance outstanding at start of year 25,455 (8,016 )
Amounts advanced 49,609 55,348
Amounts repaid (30,197 ) (21,877 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 44,867 25,455