SIGNALS IT LIMITED

Company Registration Number:
06343809 (England and Wales)

Unaudited abridged accounts for the year ended 24 June 2023

Period of accounts

Start date: 26 June 2022

End date: 24 June 2023

SIGNALS IT LIMITED

Contents of the Financial Statements

for the Period Ended 24 June 2023

Balance sheet
Notes

SIGNALS IT LIMITED

Balance sheet

As at 24 June 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 6,000 8,000
Tangible assets: 4 71,244 144,851
Total fixed assets: 77,244 152,851
Current assets
Stocks: 539,000 342,425
Debtors: 5 389,001 914,248
Cash at bank and in hand: 50,224 141,123
Total current assets: 978,225 1,397,796
Creditors: amounts falling due within one year: 6 (285,304) (320,717)
Net current assets (liabilities): 692,921 1,077,079
Total assets less current liabilities: 770,165 1,229,930
Creditors: amounts falling due after more than one year: 7 (229,610) (111,139)
Total net assets (liabilities): 540,555 1,118,791
Capital and reserves
Called up share capital: 20 10
Other reserves: 9 10
Profit and loss account: 540,526 1,118,771
Shareholders funds: 540,555 1,118,791

The notes form part of these financial statements

SIGNALS IT LIMITED

Balance sheet statements

For the year ending 24 June 2023 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 September 2024
and signed on behalf of the board by:

Name: R SEYMOUR
Status: Director

The notes form part of these financial statements

SIGNALS IT LIMITED

Notes to the Financial Statements

for the Period Ended 24 June 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SIGNALS IT LIMITED

Notes to the Financial Statements

for the Period Ended 24 June 2023

2. Employees

2023 2022
Average number of employees during the period 28 29

SIGNALS IT LIMITED

Notes to the Financial Statements

for the Period Ended 24 June 2023

3. Intangible Assets

Total
Cost £
At 26 June 2022 25,000
At 24 June 2023 25,000
Amortisation
At 26 June 2022 17,000
Charge for year 2,000
At 24 June 2023 19,000
Net book value
At 24 June 2023 6,000
At 25 June 2022 8,000

SIGNALS IT LIMITED

Notes to the Financial Statements

for the Period Ended 24 June 2023

4. Tangible Assets

Total
Cost £
At 26 June 2022 275,254
Additions 30,968
Disposals (137,683)
At 24 June 2023 168,539
Depreciation
At 26 June 2022 130,403
Charge for year 16,458
On disposals (49,566)
At 24 June 2023 97,295
Net book value
At 24 June 2023 71,244
At 25 June 2022 144,851

SIGNALS IT LIMITED

Notes to the Financial Statements

for the Period Ended 24 June 2023

5. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

SIGNALS IT LIMITED

Notes to the Financial Statements

for the Period Ended 24 June 2023

6. Creditors: amounts falling due within one year note

Trade creditors £109,384 Corporation tax £1,122 Social security and other taxes £128,915 Other creditors £45,883

SIGNALS IT LIMITED

Notes to the Financial Statements

for the Period Ended 24 June 2023

7. Creditors: amounts falling due after more than one year note

Other creditors £229,610