Company Registration No. SC264776 (Scotland)
Info Sign Systems (Holdings) Limited
Unaudited accounts
for the year ended 31 March 2024
Info Sign Systems (Holdings) Limited
Unaudited accounts
Contents
Info Sign Systems (Holdings) Limited
Company Information
for the year ended 31 March 2024
Directors
G E Boobis
A L Boobis
Company Number
SC264776 (Scotland)
Registered Office
14 Orchard Drive
Edinburgh
Lothian
EH4 2DY
Accountants
Lynsey Murray
22 Bluebell Drive
Glasgow
G77 6FN
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Info Sign Systems (Holdings) Limited
for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Info Sign Systems (Holdings) Limited for the year ended 31 March 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
This report is made solely to the Board of Directors of Info Sign Systems (Holdings) Limited, as a body, in accordance with the terms of our engagement letter dated 19 November 2019. Our work has been undertaken solely to prepare for your approval the accounts of Info Sign Systems (Holdings) Limited and state those matters that we have agreed to state to the Board of Directors of Info Sign Systems (Holdings) Limited, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Info Sign Systems (Holdings) Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Info Sign Systems (Holdings) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Info Sign Systems (Holdings) Limited. You consider that Info Sign Systems (Holdings) Limited 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 accounts of Info Sign Systems (Holdings) Limited. 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 accounts.
Lynsey Murray
Member in Practice
22 Bluebell Drive
Glasgow
G77 6FN
16 September 2024
Info Sign Systems (Holdings) Limited
Statement of financial position
as at 31 March 2024
Investment property
181,878
181,878
Cash at bank and in hand
83,337
92,596
Creditors: amounts falling due within one year
(421)
-
Net current assets
82,916
92,596
Net assets
264,794
274,474
Called up share capital
1,002
1,002
Profit and loss account
263,792
273,472
Shareholders' funds
264,794
274,474
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 September 2024 and were signed on its behalf by
G E Boobis
Director
Company Registration No. SC264776
Info Sign Systems (Holdings) Limited
Notes to the Accounts
for the year ended 31 March 2024
Info Sign Systems (Holdings) Limited is a private company, limited by shares, registered in Scotland, registration number SC264776. The registered office is 14 Orchard Drive, Edinburgh, Lothian, EH4 2DY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The financial statements contain information about Info Sign Systems (Holdings) 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Investments in subsidiary undertakings are recognised at cost less any provision for impairment.
The accounts are presented in £ sterling.
4
Transactions with related parties
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
5
Average number of employees
During the year the average number of employees was 0 (2023: 0).