2023-05-01 06551940 2024-04-30 06551940 2023-05-01 2024-04-30 06551940 2023-04-30 06551940 2022-05-01 2023-04-30 06551940 uk-core:WithinOneYear 2023-04-30 06551940 uk-core:WithinOneYear 2024-04-30 06551940 uk-core:AfterOneYear 2023-04-30 06551940 uk-core:AfterOneYear 2024-04-30 06551940 uk-core:ShareCapital 2024-04-30 06551940 uk-core:ShareCapital 2023-04-30 06551940 uk-core:RetainedEarningsAccumulatedLosses 2024-04-30 06551940 uk-core:RetainedEarningsAccumulatedLosses 2023-04-30 06551940 uk-bus:Director1 2023-05-01 2024-04-30 06551940 uk-core:NetGoodwill 2023-05-01 2024-04-30 06551940 uk-core:ToolsEquipment 2023-05-01 2024-04-30 06551940 uk-core:OtherVehicles 2023-05-01 2024-04-30 06551940 uk-core:FurnitureFittingsToolsEquipment 2023-05-01 2024-04-30 06551940 uk-core:Goodwill 2023-04-30 06551940 uk-core:Goodwill 2024-04-30 06551940 uk-core:Goodwill 2023-05-01 2024-04-30 06551940 uk-core:ToolsEquipment 2023-04-30 06551940 uk-core:FurnitureFittingsToolsEquipment 2023-04-30 06551940 uk-core:OtherVehicles 2023-04-30 06551940 uk-core:OtherVehicles 2024-04-30 06551940 uk-core:FurnitureFittingsToolsEquipment 2024-04-30 06551940 uk-core:ToolsEquipment 2024-04-30 06551940 uk-core:WithinOneYear uk-core:Secured 2024-04-30 06551940 uk-core:WithinOneYear uk-core:Secured 2023-04-30 06551940 uk-core:WithinOneYear 2023-05-01 2024-04-30 06551940 uk-core:AfterOneYear 2023-05-01 2024-04-30 06551940 2 uk-bus:Director1 2023-05-01 2024-04-30 06551940 2 uk-bus:Director1 2024-04-30 06551940 2 uk-bus:Director1 2023-04-30 iso4217:GBP xbrli:pure 06551940 uk-bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 06551940 uk-bus:FRS102 2023-05-01 2024-04-30 06551940 uk-bus:FilletedAccounts 2023-05-01 2024-04-30 06551940 uk-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30
Alphabet Signs (South West) Limited
Registered Number:06551940
For the year ended 30 April 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 April 2024
Alphabet Signs (South West) Limited
Contents Page
1
Statement of Financial Position
2 to 6
Notes to the Financial Statements
3
Registered Number :
06551940
As at 30 April 2024
Alphabet Signs (South West) Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Intangible assets
1,920
2,400
2
Property, plant and equipment
27,714
31,106
3
29,634
33,506
Current assets
Inventories
4,000
4,000
4
Trade and other receivables
18,316
9,179
5
65,589
Cash and cash equivalents
86,987
100,166
87,905
Trade and other payables: amounts falling due within one
year
(22,472)
(25,361)
6
65,433
74,805
Net current assets
Total assets less current liabilities
104,439
98,939
Trade and other payables: amounts falling due after more
than one year
(10,417)
(5,417)
7
(4,747)
(5,607)
Provisions for liabilities
94,275
Net assets
82,915
Capital and reserves
Called up share capital
2
2
Retained earnings
94,273
82,913
94,275
82,915
Shareholders' funds
For the year ended 30 April 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 of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
06551940
For the year ended 30 April 2024
Alphabet Signs (South West) Limited
Statement of Financial Position Continued
R Roffey Director
These financial statements were approved and authorised for issue by the Board on 11 October 2024 and were signed by:
The notes form part of these financial statements
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5
For the year ended 30 April 2024
Alphabet Signs (South West) Limited
Notes to the Financial Statements
Statutory Information
Alphabet Signs (South West) Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 06551940.
Principal place of business:
Unit 17
Scott Business Park
Beacon Park Road
Plymouth
PL2 2PQ
Registered address:
Pilgrim House
Oxford Place
Plymouth
Devon
PL1 5AJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention.
Revenue recognition
Turnover represents income from the provision of sign writing services at invoice value, excluding VAT.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of 20 years.
Property, plant and equipment
Tangible fixed assets are stated at cost less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
15% Reducing balance
Computer equipment
15% Reducing balance
Vans
15% Reducing balance
Fixtures, fittings & equipment
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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6
For the year ended 30 April 2024
Alphabet Signs (South West) Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 May 2023
9,600
At 30 April 2024
9,600
Amortisation
At 01 May 2023
7,200
480
Charge for year
At 30 April 2024
7,680
Net book value
At 30 April 2024
1,920
At 30 April 2023
2,400
3. Property, plant and equipment
Total
Computer
equipment
Fixtures,
fittings &
equipment
Vans
£
£
£
£
Cost or
valuation
At 01 May 2023
51,804
15,264
16,910
19,630
1,500
-
-
1,500
Additions
At 30 April 2024
21,130
16,910
15,264
53,304
Provision for depreciation and impairment
At 01 May 2023
20,698
5,539
11,713
3,446
Charge for year
4,892
1,459
780
2,653
At 30 April 2024
25,590
6,998
12,493
6,099
At 30 April 2024
Net book value
15,031
4,417
8,266
27,714
At 30 April 2023
16,184
5,197
9,725
31,106
4. Inventories
2023
2024
£
£
Stocks
4,000
4,000
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7
For the year ended 30 April 2024
Alphabet Signs (South West) Limited
Notes to the Financial Statements Continued
5. Trade and other receivables
2023
2024
£
£
Trade debtors
6,644
16,598
Other debtors
2,535
1,718
18,316
9,179
6. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
5,000
5,000
Trade creditors
5,241
3,344
Taxation and social security
12,570
5,530
Other creditors
2,550
8,598
25,361
22,472
Included within taxation and social security is corporation tax of £7,639 (2023: £1,114).
7. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
5,417
10,417
The company took out the government covid bounce back loan in May 2020. This was taken over a 72 month period, with the first payment due 13 months after the loan was received. The first years interest was paid by the government and then the company will pay the remaining 60 months with their monthly repayments.
8. Related party transactions
Dividends of £15,600 were paid to the director in the year.
The company is under the effective control of its director.
9. Directors advances and guarantees
At 01/05/2023
Repaid
At 30/04/2024
£
£
£
R Roffey
Loan from director
(714)
6,082
6,796
(714)
6,082
6,796
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8
For the year ended 30 April 2024
Alphabet Signs (South West) Limited
Notes to the Financial Statements Continued
10. Average number of persons employed
During the year the average number of employees was 3 (2023 : 3)
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