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REGISTERED NUMBER: 11407790 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

FOR

THE SIGNATURE ORGANISATION LTD

THE SIGNATURE ORGANISATION LTD (REGISTERED NUMBER: 11407790)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE SIGNATURE ORGANISATION LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: Craig I Chesson
L N Goddard





REGISTERED OFFICE: 67 High Street
Abbots Langley
United Kingdom
WD5 0AT





REGISTERED NUMBER: 11407790 (England and Wales)





ACCOUNTANTS: Prestons
Chartered Accountants
364-368 Cranbrook Road
Gants Hill
Ilford
Essex
IG2 6HY

THE SIGNATURE ORGANISATION LTD (REGISTERED NUMBER: 11407790)

BALANCE SHEET
30 JUNE 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 381,250 456,250
Tangible assets 5 14,043 18,723
Investments 6 95,777 95,777
491,070 570,750

CURRENT ASSETS
Debtors 7 27,448 37,090
Cash at bank 12,276 172,566
39,724 209,656
CREDITORS
Amounts falling due within one year 8 197,928 223,170
NET CURRENT LIABILITIES (158,204 ) (13,514 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

332,866

557,236

CREDITORS
Amounts falling due after more than one
year

9

158,138

229,904
NET ASSETS 174,728 327,332

THE SIGNATURE ORGANISATION LTD (REGISTERED NUMBER: 11407790)

BALANCE SHEET - continued
30 JUNE 2023

30.6.23 30.6.22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 174,628 327,232
174,728 327,332

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 2 March 2024 and were signed on its behalf by:




L N Goddard - Director



Craig I Chesson - Director


THE SIGNATURE ORGANISATION LTD (REGISTERED NUMBER: 11407790)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1. STATUTORY INFORMATION

The Signature Organisation 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 as the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of services and from the rendering of services. Turnover from the sale of services is recognised when the significant risks and rewards of ownership of the services have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

THE SIGNATURE ORGANISATION LTD (REGISTERED NUMBER: 11407790)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

2. ACCOUNTING POLICIES - continued

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
Depreciation is charged so as to allocate the costs of assets less their residual value over their estimated useful lives, using either a straight line or reducing balance method, as indicated below.
Depreciation is provided on the following basis:

Motor Vehicle - 25% WDV
Computer Equipment - 25% WDV
Furniture & Fixture - 25% WDV

The asset's residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit and loss.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

THE SIGNATURE ORGANISATION LTD (REGISTERED NUMBER: 11407790)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 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.

Going concern
The total current liabilities exceeds the total current assets of the company as at 30th June 2023. The director has confirmed that the company will have continuous support from the creditors. It is on this basis Accounts have been prepared on the going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2022
and 30 June 2023 750,000
AMORTISATION
At 1 July 2022 293,750
Charge for year 75,000
At 30 June 2023 368,750
NET BOOK VALUE
At 30 June 2023 381,250
At 30 June 2022 456,250

THE SIGNATURE ORGANISATION LTD (REGISTERED NUMBER: 11407790)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022
and 30 June 2023 35,736
DEPRECIATION
At 1 July 2022 17,013
Charge for year 4,680
At 30 June 2023 21,693
NET BOOK VALUE
At 30 June 2023 14,043
At 30 June 2022 18,723

6. FIXED ASSET INVESTMENTS
Shares in
group
undertaki
£   
COST
At 1 July 2022
and 30 June 2023 95,777
NET BOOK VALUE
At 30 June 2023 95,777
At 30 June 2022 95,777

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 24,699 37,090
Other debtors 2,749 -
27,448 37,090

THE SIGNATURE ORGANISATION LTD (REGISTERED NUMBER: 11407790)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts 13,097 26,800
Trade creditors 10,636 16,556
Taxation and social security 83,642 64,921
Other creditors 90,553 114,893
197,928 223,170

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans 158,138 229,904

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2023 and 30 June 2022:

30.6.23 30.6.22
£    £   
Craig I Chesson
Balance outstanding at start of year 25,851 273,426
Amounts repaid (28,600 ) (247,575 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2,749 ) 25,851