PTP Accounts Production v24.1.4.33 10680772 director 1.4.23 31.3.24 31.3.24 true false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh106807722023-03-31106807722024-03-31106807722023-04-012024-03-31106807722022-03-31106807722022-04-012023-03-31106807722023-03-3110680772ns15:EnglandWales2023-04-012024-03-3110680772ns14:PoundSterling2023-04-012024-03-3110680772ns10:Director12023-04-012024-03-3110680772ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3110680772ns10:SmallEntities2023-04-012024-03-3110680772ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3110680772ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3110680772ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3110680772ns10:FullAccounts2023-04-012024-03-311068077212023-04-012024-03-3110680772ns10:RegisteredOffice2023-04-012024-03-3110680772ns5:CurrentFinancialInstruments2024-03-3110680772ns5:CurrentFinancialInstruments2023-03-3110680772ns5:Non-currentFinancialInstruments2024-03-3110680772ns5:Non-currentFinancialInstruments2023-03-3110680772ns5:ShareCapital2024-03-3110680772ns5:ShareCapital2023-03-3110680772ns5:RetainedEarningsAccumulatedLosses2024-03-3110680772ns5:RetainedEarningsAccumulatedLosses2023-03-3110680772ns5:NetGoodwill2023-04-012024-03-3110680772ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3110680772ns5:PlantMachinery2023-04-012024-03-3110680772ns5:NetGoodwill2023-03-3110680772ns5:NetGoodwill2024-03-3110680772ns5:NetGoodwill2023-03-3110680772ns5:PlantMachinery2023-03-3110680772ns5:PlantMachinery2024-03-3110680772ns5:PlantMachinery2023-03-3110680772ns5:CostValuation2023-03-3110680772ns5:Subsidiary12023-04-012024-03-3110680772ns5:Subsidiary112023-04-012024-03-3110680772ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3110680772ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 10680772 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Onsigns Limited

Onsigns Limited (Registered number: 10680772)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Onsigns Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mr A D Atkinson





REGISTERED OFFICE: Unit 20 Carcroft Enterprise Park
Carcroft
Doncaster
United Kingdom
DN6 8DD





REGISTERED NUMBER: 10680772 (England and Wales)





ACCOUNTANTS: TB Accounting Services
146 Newlaithes Road
Horsforth
Leeds
West Yorkshire
LS18 4SY

Onsigns Limited (Registered number: 10680772)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 27,486 42,338
Investments 6 100 100
27,586 42,438

CURRENT ASSETS
Stocks 2,725 1,850
Debtors 7 43,912 47,120
Cash at bank 3,777 15,338
50,414 64,308
CREDITORS
Amounts falling due within one year 8 55,869 52,951
NET CURRENT (LIABILITIES)/ASSETS (5,455 ) 11,357
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,131

53,795

CREDITORS
Amounts falling due after more than
one year

9

(8,376

)

(15,806

)

PROVISIONS FOR LIABILITIES (6,871 ) (8,044 )
NET ASSETS 6,884 29,945

Onsigns Limited (Registered number: 10680772)

Balance Sheet - continued
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 6,784 29,845
SHAREHOLDERS' FUNDS 6,884 29,945

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 August 2024 and were signed by:





Mr A D Atkinson - Director


Onsigns Limited (Registered number: 10680772)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Onsigns 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.

Preparation of consolidated financial statements
The financial statements contain information about Onsigns Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of five 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.

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 - 25% on cost

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

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


Onsigns Limited (Registered number: 10680772)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 3 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 11,000
AMORTISATION
At 1 April 2023
and 31 March 2024 11,000
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

Onsigns Limited (Registered number: 10680772)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 April 2023
and 31 March 2024 66,060
DEPRECIATION
At 1 April 2023 23,722
Charge for year 14,852
At 31 March 2024 38,574
NET BOOK VALUE
At 31 March 2024 27,486
At 31 March 2023 42,338

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 100
NET BOOK VALUE
At 31 March 2024 100
At 31 March 2023 100

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Chevrons Direct Limited
Registered office: Unit 20, Carcroft Enterprise Park, Carcroft, Doncaster, South Yorkshire, DN6 8DD
Nature of business: Dormant Company
%
Class of shares: holding
Ordinary 100.00

Onsigns Limited (Registered number: 10680772)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 42,911 28,596
Other debtors - 18,055
Prepayments 1,001 469
43,912 47,120

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase 8,898 8,898
Trade creditors 2,185 7,272
Tax 21,154 12,991
Social security and other taxes 1,709 731
VAT 19,119 12,661
Other creditors 385 2,469
Amounts owed to group
undertakings 100 100
Directors' current accounts 2,158 7,803
Accrued expenses 161 26
55,869 52,951

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase 8,376 15,806

10. RELATED PARTY DISCLOSURES

Chevrons Direct Limited
(Subsidiary company)
As at the balance sheet date, the company owed Chevrons Direct Limited £100 (2023 - £100). The loan is interest free and repayable on demand.

Shy Tot Graphics Limited
(Associated company)
As at the balance sheet date, the company was owed by Shy Tot Graphics Limited £nil (2023 - £18,055). The loan was written off in full on the 31 March 2024.

11. ULTIMATE CONTROLLING PARTY

The controlling party is Mr A D Atkinson.