IRIS Accounts Production v24.2.0.383 03842776 Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 7.8.24 false true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh038427762023-03-31038427762024-03-31038427762023-04-012024-03-31038427762022-03-31038427762022-04-012023-03-31038427762023-03-3103842776ns14:PoundSterling2023-04-012024-03-3103842776ns10:Director12023-04-012024-03-3103842776ns10:Director22023-04-012024-03-3103842776ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3103842776ns10:SmallEntities2023-04-012024-03-3103842776ns10:Audited2023-04-012024-03-3103842776ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3103842776ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3103842776ns10:AbridgedAccounts2023-04-012024-03-3103842776ns10:Director32023-04-012024-03-3103842776ns10:RegisteredOffice2023-04-012024-03-3103842776ns5:CurrentFinancialInstruments2024-03-3103842776ns5:CurrentFinancialInstruments2023-03-3103842776ns5:ShareCapital2024-03-3103842776ns5:ShareCapital2023-03-3103842776ns5:RetainedEarningsAccumulatedLosses2024-03-3103842776ns5:RetainedEarningsAccumulatedLosses2023-03-3103842776ns5:PlantMachinery2023-04-012024-03-3103842776ns5:MotorVehicles2023-04-012024-03-31
REGISTERED NUMBER: 03842776















Financial Statements for the Year Ended 31 March 2024

for

Arnold Sign and Graphics Limited

Arnold Sign and Graphics Limited (Registered number: 03842776)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Arnold Sign and Graphics Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: J McKeown
B Noon
S R Noon





REGISTERED OFFICE: 2 Regal Close
Kings Park Road
Moulton Park
Northampton
Northamptonshire
NN3 6LL





REGISTERED NUMBER: 03842776





AUDITORS: CED Accountancy Services Limited
Statutory Auditors
Chartered Accountants
1 Lucas Bridge Business Park
1 Old Greens Norton Road
Towcester
Northamptonshire
NN12 8AX

Arnold Sign and Graphics Limited (Registered number: 03842776)

Abridged Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 72,810 56,616

CURRENT ASSETS
Stocks 3,259 -
Debtors 39,879 94,357
Cash at bank 78,043 110,758
121,181 205,115
CREDITORS
Amounts falling due within one year 75,086 106,880
NET CURRENT ASSETS 46,095 98,235
TOTAL ASSETS LESS CURRENT
LIABILITIES

118,905

154,851

PROVISIONS FOR LIABILITIES 12,018 -
NET ASSETS 106,887 154,851

CAPITAL AND RESERVES
Called up share capital 6 6
Retained earnings 106,881 154,845
SHAREHOLDERS' FUNDS 106,887 154,851

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

Arnold Sign and Graphics Limited (Registered number: 03842776)

Abridged Balance Sheet - continued
31 March 2024



The financial statements were approved by the Board of Directors and authorised for issue on 7 August 2024 and were signed on its behalf by:




B Noon - Director



S R Noon - Director


Arnold Sign and Graphics Limited (Registered number: 03842776)

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

1. 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 each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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

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.

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

Arnold Sign and Graphics Limited (Registered number: 03842776)

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

3. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 240,622
Additions 11,395
At 31 March 2024 252,017
DEPRECIATION
At 1 April 2023 184,006
Charge for year (4,799 )
At 31 March 2024 179,207
NET BOOK VALUE
At 31 March 2024 72,810
At 31 March 2023 56,616

4. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Duncan Mitchell FCA (Senior Statutory Auditor)
for and on behalf of CED Accountancy Services Limited

5. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is BSN Holdings Ltd, registered office Unit 10 New Rookery Farm, Little London, Silverstone, Northamptonshire, NN12 8UP.