2023-07-012024-06-302024-06-30false09085728ADD SIGNS DESIGNS LTD2024-10-2996090iso4217:GBPxbrli:pure090857282023-07-01090857282024-06-30090857282023-07-012024-06-30090857282022-07-01090857282023-06-30090857282022-07-012023-06-3009085728bus:SmallEntities2023-07-012024-06-3009085728bus:AuditExempt-NoAccountantsReport2023-07-012024-06-3009085728bus:FullAccounts2023-07-012024-06-3009085728bus:PrivateLimitedCompanyLtd2023-07-012024-06-3009085728core:WithinOneYear2024-06-3009085728core:AfterOneYear2024-06-3009085728core:WithinOneYear2023-06-3009085728core:AfterOneYear2023-06-3009085728core:ShareCapital2024-06-3009085728core:SharePremium2024-06-3009085728core:RevaluationReserve2024-06-3009085728core:OtherReservesSubtotal2024-06-3009085728core:RetainedEarningsAccumulatedLosses2024-06-3009085728core:ShareCapital2023-06-3009085728core:SharePremium2023-06-3009085728core:RevaluationReserve2023-06-3009085728core:OtherReservesSubtotal2023-06-3009085728core:RetainedEarningsAccumulatedLosses2023-06-3009085728core:LandBuildings2024-06-3009085728core:PlantMachinery2024-06-3009085728core:Vehicles2024-06-3009085728core:FurnitureFittings2024-06-3009085728core:OfficeEquipment2024-06-3009085728core:NetGoodwill2024-06-3009085728core:IntangibleAssetsOtherThanGoodwill2024-06-3009085728core:ListedExchangeTraded2024-06-3009085728core:UnlistedNon-exchangeTraded2024-06-3009085728core:LandBuildings2023-06-3009085728core:PlantMachinery2023-06-3009085728core:Vehicles2023-06-3009085728core:FurnitureFittings2023-06-3009085728core:OfficeEquipment2023-06-3009085728core:NetGoodwill2023-06-3009085728core:IntangibleAssetsOtherThanGoodwill2023-06-3009085728core:ListedExchangeTraded2023-06-3009085728core:UnlistedNon-exchangeTraded2023-06-3009085728core:LandBuildings2023-07-012024-06-3009085728core:PlantMachinery2023-07-012024-06-3009085728core:Vehicles2023-07-012024-06-3009085728core:FurnitureFittings2023-07-012024-06-3009085728core:OfficeEquipment2023-07-012024-06-3009085728core:NetGoodwill2023-07-012024-06-3009085728core:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3009085728core:ListedExchangeTraded2023-07-012024-06-3009085728core:UnlistedNon-exchangeTraded2023-07-012024-06-3009085728core:MoreThanFiveYears2023-07-012024-06-3009085728core:Non-currentFinancialInstruments2024-06-3009085728core:Non-currentFinancialInstruments2023-06-3009085728dpl:CostSales2023-07-012024-06-3009085728dpl:DistributionCosts2023-07-012024-06-3009085728core:LandBuildings2023-07-012024-06-3009085728core:PlantMachinery2023-07-012024-06-3009085728core:Vehicles2023-07-012024-06-3009085728core:FurnitureFittings2023-07-012024-06-3009085728core:OfficeEquipment2023-07-012024-06-3009085728dpl:AdministrativeExpenses2023-07-012024-06-3009085728core:NetGoodwill2023-07-012024-06-3009085728core:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3009085728dpl:GroupUndertakings2023-07-012024-06-3009085728dpl:ParticipatingInterests2023-07-012024-06-3009085728dpl:GroupUndertakingscore:ListedExchangeTraded2023-07-012024-06-3009085728core:ListedExchangeTraded2023-07-012024-06-3009085728dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-07-012024-06-3009085728core:UnlistedNon-exchangeTraded2023-07-012024-06-3009085728dpl:CostSales2022-07-012023-06-3009085728dpl:DistributionCosts2022-07-012023-06-3009085728core:LandBuildings2022-07-012023-06-3009085728core:PlantMachinery2022-07-012023-06-3009085728core:Vehicles2022-07-012023-06-3009085728core:FurnitureFittings2022-07-012023-06-3009085728core:OfficeEquipment2022-07-012023-06-3009085728dpl:AdministrativeExpenses2022-07-012023-06-3009085728core:NetGoodwill2022-07-012023-06-3009085728core:IntangibleAssetsOtherThanGoodwill2022-07-012023-06-3009085728dpl:GroupUndertakings2022-07-012023-06-3009085728dpl:ParticipatingInterests2022-07-012023-06-3009085728dpl:GroupUndertakingscore:ListedExchangeTraded2022-07-012023-06-3009085728core:ListedExchangeTraded2022-07-012023-06-3009085728dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-07-012023-06-3009085728core:UnlistedNon-exchangeTraded2022-07-012023-06-3009085728core:NetGoodwill2024-06-3009085728core:IntangibleAssetsOtherThanGoodwill2024-06-3009085728core:LandBuildings2024-06-3009085728core:PlantMachinery2024-06-3009085728core:Vehicles2024-06-3009085728core:FurnitureFittings2024-06-3009085728core:OfficeEquipment2024-06-3009085728core:AfterOneYear2024-06-3009085728core:WithinOneYear2024-06-3009085728core:ListedExchangeTraded2024-06-3009085728core:UnlistedNon-exchangeTraded2024-06-3009085728core:ShareCapital2024-06-3009085728core:SharePremium2024-06-3009085728core:RevaluationReserve2024-06-3009085728core:OtherReservesSubtotal2024-06-3009085728core:RetainedEarningsAccumulatedLosses2024-06-3009085728core:NetGoodwill2023-06-3009085728core:IntangibleAssetsOtherThanGoodwill2023-06-3009085728core:LandBuildings2023-06-3009085728core:PlantMachinery2023-06-3009085728core:Vehicles2023-06-3009085728core:FurnitureFittings2023-06-3009085728core:OfficeEquipment2023-06-3009085728core:AfterOneYear2023-06-3009085728core:WithinOneYear2023-06-3009085728core:ListedExchangeTraded2023-06-3009085728core:UnlistedNon-exchangeTraded2023-06-3009085728core:ShareCapital2023-06-3009085728core:SharePremium2023-06-3009085728core:RevaluationReserve2023-06-3009085728core:OtherReservesSubtotal2023-06-3009085728core:RetainedEarningsAccumulatedLosses2023-06-3009085728core:NetGoodwill2022-07-0109085728core:IntangibleAssetsOtherThanGoodwill2022-07-0109085728core:LandBuildings2022-07-0109085728core:PlantMachinery2022-07-0109085728core:Vehicles2022-07-0109085728core:FurnitureFittings2022-07-0109085728core:OfficeEquipment2022-07-0109085728core:AfterOneYear2022-07-0109085728core:WithinOneYear2022-07-0109085728core:ListedExchangeTraded2022-07-0109085728core:UnlistedNon-exchangeTraded2022-07-0109085728core:ShareCapital2022-07-0109085728core:SharePremium2022-07-0109085728core:RevaluationReserve2022-07-0109085728core:OtherReservesSubtotal2022-07-0109085728core:RetainedEarningsAccumulatedLosses2022-07-0109085728core:AfterOneYear2023-07-012024-06-3009085728core:WithinOneYear2023-07-012024-06-3009085728core:Non-currentFinancialInstrumentscore:CostValuation2023-07-012024-06-3009085728core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-07-012024-06-3009085728core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-07-012024-06-3009085728core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-07-012024-06-3009085728core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-07-012024-06-3009085728core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-07-012024-06-3009085728core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3009085728core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3009085728core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3009085728core:Non-currentFinancialInstrumentscore:CostValuation2024-06-3009085728core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-06-3009085728core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-06-3009085728core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-06-3009085728core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-06-3009085728core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-06-3009085728core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-06-3009085728core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-06-3009085728core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-06-3009085728core:Non-currentFinancialInstrumentscore:CostValuation2023-06-3009085728core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-3009085728core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-3009085728core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-3009085728core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-3009085728core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-3009085728core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-3009085728core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-3009085728core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-3009085728bus:Director12023-07-012024-06-3009085728bus:Director22023-07-012024-06-3009085728core:FurnitureFittingsToolsEquipment2023-06-3009085728core:FurnitureFittingsToolsEquipment2023-07-012024-06-3009085728core:FurnitureFittingsToolsEquipment2024-06-30

ADD SIGNS DESIGNS LTD

Registered Number
09085728
(England and Wales)

Unaudited Financial Statements for the Year ended
30 June 2024

ADD SIGNS DESIGNS LTD
Company Information
for the year from 1 July 2023 to 30 June 2024

Directors

SMITH, Adam
SMITH, Polly Virginia

Registered Address

Langton House Brislands Lane
Four Marks
Alton
GU34 5AD

Registered Number

09085728 (England and Wales)
ADD SIGNS DESIGNS LTD
Balance Sheet as at
30 June 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets35,5006,000
Tangible assets44,0664,900
9,56610,900
Current assets
Stocks56,0005,880
Debtors63,1453,526
Cash at bank and on hand1,631-
10,7769,406
Creditors amounts falling due within one year7(17,143)(20,511)
Net current assets (liabilities)(6,367)(11,105)
Total assets less current liabilities3,199(205)
Creditors amounts falling due after one year8(3,180)(5,833)
Net assets19(6,038)
Capital and reserves
Called up share capital1010
Profit and loss account9(6,048)
Shareholders' funds19(6,038)
The financial statements were approved and authorised for issue by the Board of Directors on 29 October 2024, and are signed on its behalf by:
SMITH, Adam
Director
Registered Company No. 09085728
ADD SIGNS DESIGNS LTD
Notes to the Financial Statements
for the year ended 30 June 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Intangible assets
Goodwill, being the amount paid in connection with the acquisition of the business, is being amortised evenly over its estimated useful life of 20 years
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Fixtures and fittings25
Office Equipment25
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year11
3.Intangible assets

Goodwill

Total

££
Cost or valuation
At 01 July 2310,00010,000
At 30 June 2410,00010,000
Amortisation and impairment
At 01 July 234,0004,000
Charge for year500500
At 30 June 244,5004,500
Net book value
At 30 June 245,5005,500
At 30 June 236,0006,000
4.Tangible fixed assets

Vehicles

Fixtures & fittings

Office Equipment

Total

££££
Cost or valuation
At 01 July 236,1363,11216,77726,025
Additions--495495
At 30 June 246,1363,11217,27226,520
Depreciation and impairment
At 01 July 235,6762,57912,87021,125
Charge for year1151331,0811,329
At 30 June 245,7912,71213,95122,454
Net book value
At 30 June 243454003,3214,066
At 30 June 234605333,9074,900
5.Stocks

2024

2023

££
Other stocks6,0005,880
Total6,0005,880
6.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables3,1453,526
Total3,1453,526
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
7.Creditors: amounts due within one year

2024

2023

££
Bank borrowings and overdrafts2,6535,944
Amounts owed to related parties11,50313,657
Taxation and social security2,015-
Accrued liabilities and deferred income972910
Total17,14320,511
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
8.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts3,1805,833
Total3,1805,833
9.Related party transactions
At the year-end, the director Adam Smith was owed £11,503 (2023: £13,657) by the company.