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REGISTERED NUMBER: 03322042 (England and Wales)










Unaudited Financial Statements

For The Year Ended 30 June 2024

for

Signum Technologies Limited

Signum Technologies Limited (Registered number: 03322042)






Contents of the Financial Statements
For The Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Signum Technologies Limited

Company Information
For The Year Ended 30 June 2024







DIRECTORS: G E Shaw
Dr D Hilton
J K S Elsden





SECRETARY: G E Shaw





REGISTERED OFFICE: 29 Mott Close
Witney
Oxfordshire
OX29 7AH





REGISTERED NUMBER: 03322042 (England and Wales)





ACCOUNTANTS: Kingscott Dix Limited
Chartered Accountants
Goodridge Court
Goodridge Avenue
Gloucester
Gloucestershire
GL2 5EN

Signum Technologies Limited (Registered number: 03322042)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 75,000 75,000
Tangible assets 5 - -
Investments 6 100 100
75,100 75,100

CURRENT ASSETS
Debtors 7 6,096 12,564
Cash at bank 8,827 10,613
14,923 23,177
CREDITORS
Amounts falling due within one year 8 1,830 5,284
NET CURRENT ASSETS 13,093 17,893
TOTAL ASSETS LESS CURRENT
LIABILITIES

88,193

92,993

CAPITAL AND RESERVES
Called up share capital 46,013 46,013
Share option 13 13
Retained earnings 42,167 46,967
SHAREHOLDERS' FUNDS 88,193 92,993

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 12 October 2024 and were signed on its behalf by:



G E Shaw - Director


Signum Technologies Limited (Registered number: 03322042)

Notes to the Financial Statements
For The Year Ended 30 June 2024

1. STATUTORY INFORMATION

Signum Technologies Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. 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 recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Intangible fixed assets
Intellectual property rights are reflected in the accounts at cost. The asset has been written down to its estimated realisable value and no further charge in respect of amortisation is considered appropriate.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets
Basic financial assets, which include trade and other debtors and cash and bank balances, are measured at transaction price including transaction costs.

Derecognition of financial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire, or when it transfers the financial asset and substantially all the risks and rewards of ownership to another entity.

Basic financial liabilities
Basic financial liabilities, including trade and other creditors are recognised at transaction price. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if payment is due within one year. If not, they are presented as creditors falling due after more than one year. Trade creditors are recognised at transaction price.

Derecognition of financial liabilities
Financial liabilities are derecognised when, and only when, the company's obligations are discharged, cancelled, or they expire.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Signum Technologies Limited (Registered number: 03322042)

Notes to the Financial Statements - continued
For The Year Ended 30 June 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 July 2023
and 30 June 2024 250,000
AMORTISATION
At 1 July 2023
and 30 June 2024 175,000
NET BOOK VALUE
At 30 June 2024 75,000
At 30 June 2023 75,000

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 July 2023
and 30 June 2024 1,000
DEPRECIATION
At 1 July 2023
and 30 June 2024 1,000
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

6. FIXED ASSET INVESTMENTS

The Company owns 100% of the ordinary share capital of Signum ESOT Limited which is a Company registered in England and is dormant.

The results and financial position of the subsidiary undertaking do not impact on the Company's own accounts and no further disclosure is necessary.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 2,352 8,820
Other debtors 3,744 3,744
6,096 12,564

Signum Technologies Limited (Registered number: 03322042)

Notes to the Financial Statements - continued
For The Year Ended 30 June 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 32 32
Taxation and social security 467 1,864
Other creditors 1,331 3,388
1,830 5,284