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REGISTERED NUMBER: 04542425 (England and Wales)















Unaudited Financial Statements

for the Year Ended

31 October 2023

for

Signs & Graphics (UK) Ltd

Signs & Graphics (UK) Ltd (Registered number: 04542425)

Contents of the Financial Statements
for the Year Ended 31 October 2023










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Signs & Graphics (UK) Ltd

Company Information
for the Year Ended 31 October 2023







DIRECTORS: A M Kelly
N Kelly





REGISTERED OFFICE: Charnwood House
Harcourt Way
Meridian Business Park
Leicestershire
LE19 1WP





REGISTERED NUMBER: 04542425 (England and Wales)





ACCOUNTANTS: The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Signs & Graphics (UK) Ltd


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Signs & Graphics (UK) Ltd for the year ended 31 October 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Signs & Graphics (UK) Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Signs & Graphics (UK) Ltd and state those matters that we have agreed to state to the Board of Directors of Signs & Graphics (UK) Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Signs & Graphics (UK) Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Signs & Graphics (UK) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Signs & Graphics (UK) Ltd. You consider that Signs & Graphics (UK) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Signs & Graphics (UK) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP


23 July 2024

Signs & Graphics (UK) Ltd (Registered number: 04542425)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 211 282
Tangible assets 5 39,309 11,239
39,520 11,521

CURRENT ASSETS
Stocks 9,520 9,210
Debtors 6 119,858 106,950
Cash at bank 269,273 198,901
398,651 315,061
CREDITORS
Amounts falling due within one year 7 101,501 87,431
NET CURRENT ASSETS 297,150 227,630
TOTAL ASSETS LESS CURRENT
LIABILITIES

336,670

239,151

PROVISIONS FOR LIABILITIES 7,753 469
NET ASSETS 328,917 238,682

CAPITAL AND RESERVES
Called up share capital 8 785 785
Share premium 9 3,421 3,421
Capital redemption reserve 9 300 300
Retained earnings 9 324,411 234,176
SHAREHOLDERS' FUNDS 328,917 238,682

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 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.

Signs & Graphics (UK) Ltd (Registered number: 04542425)

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 Board of Directors and authorised for issue on 23 July 2024 and were signed on its behalf by:





A M Kelly - Director


Signs & Graphics (UK) Ltd (Registered number: 04542425)

Notes to the Financial Statements
for the Year Ended 31 October 2023


1. STATUTORY INFORMATION

Signs & Graphics (UK) 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.

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.

Development costs are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Provision is made for damaged, obsolete and slow-moving stock where appropriate

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.


Signs & Graphics (UK) Ltd (Registered number: 04542425)

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.

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 8 (2022 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Development
costs
£   
COST
At 1 November 2022
and 31 October 2023 708
AMORTISATION
At 1 November 2022 426
Amortisation for year 71
At 31 October 2023 497
NET BOOK VALUE
At 31 October 2023 211
At 31 October 2022 282

Signs & Graphics (UK) Ltd (Registered number: 04542425)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023


5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 November 2022 8,547 27,858 14,727 39,401 90,533
Additions - 951 - 41,293 42,244
Disposals - (10,858 ) (2,318 ) (27,906 ) (41,082 )
At 31 October 2023 8,547 17,951 12,409 52,788 91,695
DEPRECIATION
At 1 November 2022 8,547 18,058 13,288 39,401 79,294
Charge for year - 2,692 1,159 10,323 14,174
Eliminated on disposal - (10,858 ) (2,318 ) (27,906 ) (41,082 )
At 31 October 2023 8,547 9,892 12,129 21,818 52,386
NET BOOK VALUE
At 31 October 2023 - 8,059 280 30,970 39,309
At 31 October 2022 - 9,800 1,439 - 11,239

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 116,182 104,459
Other debtors 1,797 470
Prepayments and accrued income 1,879 2,021
119,858 106,950

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 34,730 34,980
Corporation tax 47,990 33,919
VAT 15,347 10,037
Other creditors 1,463 5,518
Directors' current accounts 55 1,080
Accruals and deferred income 1,916 1,897
101,501 87,431

Signs & Graphics (UK) Ltd (Registered number: 04542425)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
160 Ordinary £1 160 160
585 Ordinary A £1 585 585
40 Ordinary B £1 40 40
785 785

9. RESERVES
Capital
Retained Share redemption
earnings premium reserve Totals
£    £    £    £   

At 1 November 2022 234,176 3,421 300 237,897
Profit for the year 187,360 - - 187,360
Dividends (97,125 ) - - (97,125 )
At 31 October 2023 324,411 3,421 300 328,132

10. OTHER FINANCIAL COMMITMENTS

At the balance sheet date the company had total future commitments of £6,458 (2022: £15,068).