IRIS Accounts Production v24.1.0.578 03383451 director 1.11.22 31.10.23 31.10.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh033834512022-10-31033834512023-10-31033834512022-11-012023-10-31033834512021-10-31033834512021-11-012022-10-31033834512022-10-3103383451ns15:EnglandWales2022-11-012023-10-3103383451ns14:PoundSterling2022-11-012023-10-3103383451ns10:Director12022-11-012023-10-3103383451ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3103383451ns10:SmallEntities2022-11-012023-10-3103383451ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3103383451ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3103383451ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3103383451ns10:FullAccounts2022-11-012023-10-3103383451ns10:CompanySecretary12022-11-012023-10-3103383451ns10:RegisteredOffice2022-11-012023-10-3103383451ns5:CurrentFinancialInstruments2023-10-3103383451ns5:CurrentFinancialInstruments2022-10-3103383451ns5:ShareCapital2023-10-3103383451ns5:ShareCapital2022-10-3103383451ns5:RetainedEarningsAccumulatedLosses2023-10-3103383451ns5:RetainedEarningsAccumulatedLosses2022-10-3103383451ns5:PlantMachinery2022-10-3103383451ns5:PlantMachinery2022-11-012023-10-3103383451ns5:PlantMachinery2023-10-3103383451ns5:PlantMachinery2022-10-3103383451ns5:CostValuation2022-10-3103383451ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3103383451ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-31
REGISTERED NUMBER: 03383451 (England and Wales)















D S SIGNS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023






D S SIGNS LIMITED (REGISTERED NUMBER: 03383451)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D S SIGNS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: R E Cook





SECRETARY: Mrs C C Cook





REGISTERED OFFICE: Unit F3 Wira Business Park
Ring Road West Park
Leeds
West Yorkshire
LS16 6EB





REGISTERED NUMBER: 03383451 (England and Wales)





ACCOUNTANTS: DSC
Chartered Accountants
Tattersall House
East Parade
Harrogate
North Yorkshire
HG1 5LT

D S SIGNS LIMITED (REGISTERED NUMBER: 03383451)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 75,432 44,670
Investments 5 91,960 90,969
167,392 135,639

CURRENT ASSETS
Stocks 6,930 6,090
Debtors 6 96,635 109,986
Cash at bank and in hand 89,931 98,901
193,496 214,977
CREDITORS
Amounts falling due within one year 7 72,607 77,168
NET CURRENT ASSETS 120,889 137,809
TOTAL ASSETS LESS CURRENT
LIABILITIES

288,281

273,448

PROVISIONS FOR LIABILITIES 9,500 3,500
NET ASSETS 278,781 269,948

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 278,681 269,848
278,781 269,948

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

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

D S SIGNS LIMITED (REGISTERED NUMBER: 03383451)

BALANCE SHEET - continued
31 OCTOBER 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 director and authorised for issue on 21 March 2024 and were signed by:





R E Cook - Director


D S SIGNS LIMITED (REGISTERED NUMBER: 03383451)

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

1. STATUTORY INFORMATION

D S 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery - 33% straight line

Fixtures and fittings - 33% straight line

Motor vehicles - 25% reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


D S SIGNS LIMITED (REGISTERED NUMBER: 03383451)

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

2. ACCOUNTING POLICIES - continued
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.

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 6 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 133,262
Additions 69,720
Disposals (61,946 )
At 31 October 2023 141,036
DEPRECIATION
At 1 November 2022 88,592
Charge for year 30,063
Eliminated on disposal (53,051 )
At 31 October 2023 65,604
NET BOOK VALUE
At 31 October 2023 75,432
At 31 October 2022 44,670

D S SIGNS LIMITED (REGISTERED NUMBER: 03383451)

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

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 November 2022
and 31 October 2023 99,060
PROVISIONS
At 1 November 2022 8,091

Impairments (991 )
At 31 October 2023 7,100
NET BOOK VALUE
At 31 October 2023 91,960
At 31 October 2022 90,969

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 83,655 96,464
Other debtors 12,980 13,522
96,635 109,986

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 26,440 24,349
Taxation and social security 40,201 34,098
Other creditors 5,966 18,721
72,607 77,168