Registered number
03594528
Countrywide Signs Limited
Filleted Accounts
31 December 2023
Countrywide Signs Limited
Registered number: 03594528
Balance Sheet
as at 31 December 2023
2023 2022
£ £
Fixed assets 50,415 50,554
Current assets 68,892 108,059
Creditors: amounts falling due within one year (211,184) (267,038)
Net current liabilities (142,292) (158,979)
Total assets less current liabilities (91,877) (108,425)
Creditors: amounts falling due after more than one year (45,047) (74,587)
Accruals and deferred income (58,669) (49,704)
Net liabilities (195,593) (232,716)
Capital and reserves (195,593) (232,716)
Number Number
Average number of employees 6 6
Significant legal costs have been incurred during the period in connection with action taken by the company in respect of disputes with former franchisees [for the Cannock and Preston areas], including High Court proceedings [against the former Cannock franchisee] which are ongoing. The directors formed the view that was necessary to take such action in the interests of the company and its franchise network. The directors believe that the negative financial impact on the company will be limited and the financial prospects for the company remain positive. Financial support has been provided in the accounting period by Mr Williams (director).
The company is a private company limited by shares and incorporated in England. Its registered office is .
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A D Williams
Director
Approved by the board on 14 March 2024
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