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Company Registration No. 11615084 (England and Wales)
AD SIGNAL LIMITED Unaudited accounts for the year ended 31 December 2023
AD SIGNAL LIMITED Unaudited accounts Contents
Page
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AD SIGNAL LIMITED Company Information for the year ended 31 December 2023
Directors
Charlotte E Dunning Michael V Duffy Thomas W Dunning Roisi C Proven
Company Number
11615084 (England and Wales)
Registered Office
38 MONARCH WAY YORK NORTH YORKSHIRE YO26 5TB UNITED KINGDOM
Accountants
MCas Accounting & Tax Services Ltd 5/F, Suite 23 63-66 Hatton Gardens London EC1N 8LE
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AD SIGNAL LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
593,169 
299,104 
Tangible assets
9,042 
24,967 
602,211 
324,071 
Current assets
Debtors
28,308 
54,700 
Cash at bank and in hand
155,315 
204,785 
183,623 
259,485 
Creditors: amounts falling due within one year
(683,869)
(271,619)
Net current liabilities
(500,246)
(12,134)
Net assets
101,965 
311,937 
Capital and reserves
Called up share capital
1,080 
1,061 
Share premium
28,481 
- 
Profit and loss account
72,404 
310,876 
Shareholders' funds
101,965 
311,937 
For the year ending 31 December 2023 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.
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 6 September 2024 and were signed on its behalf by
Thomas W Dunning Director Company Registration No. 11615084
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AD SIGNAL LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
AD SIGNAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11615084. The registered office is 38 MONARCH WAY, YORK, NORTH YORKSHIRE, YO26 5TB, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% on cost
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Prior Year Restatement
Intangible Assets has been restated to include development costs previously expensed to the Profit & Loss Account. This includes amounts of £87,283 for financial year 2021 and £211,821 for financial year 2022
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AD SIGNAL LIMITED Notes to the Accounts for the year ended 31 December 2023
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2023
299,104 
Additions
295,453 
At 31 December 2023
594,557 
Amortisation
At 1 January 2023
- 
Charge for the year
1,388 
At 31 December 2023
1,388 
Net book value
At 31 December 2023
593,169 
At 31 December 2022
299,104 
Intangible Assets has been restated to include development costs previously expensed to the Profit & Loss Account. This includes amounts of £87,283 for financial year 2021 and £211,821 for financial year 2022
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
43,860 
Disposals
(2,349)
At 31 December 2023
41,511 
Depreciation
At 1 January 2023
18,893 
Charge for the year
14,359 
On disposals
(783)
At 31 December 2023
32,469 
Net book value
At 31 December 2023
9,042 
At 31 December 2022
24,967 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
(11,329)
20,132 
Accrued income and prepayments
39,612 
34,548 
Other debtors
20 
20 
28,303 
54,700 
Amounts falling due after more than one year
Other debtors
5 
- 
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AD SIGNAL LIMITED Notes to the Accounts for the year ended 31 December 2023
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
107,039 
15,161 
Trade creditors
89,976 
111,384 
Taxes and social security
41,433 
103,692 
Other creditors
165,264 
25,716 
Loans from directors
- 
(281)
Accruals
32,822 
15,947 
Deferred income
247,335 
- 
683,869 
271,619 
8
Average number of employees
During the year the average number of employees was 14 (2022: 14).
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