Company Registration No. 09567618 (England and Wales)
Town & Country Signs (yorkshire) Limited
Unaudited accounts
for the year ended 30 April 2024
Town & Country Signs (yorkshire) Limited
Unaudited accounts
Contents
Town & Country Signs (yorkshire) Limited
Company Information
for the year ended 30 April 2024
Director
Timothy Peter Blackburn
Company Number
09567618 (England and Wales)
Registered Office
12 Stonethwaite
York
North Yorkshire
YO24 2SY
England
Accountants
Taylor-Made Accountancy Ltd
36 Alwyne Grove
York
North Yorkshire
YO30 5RT
Town & Country Signs (yorkshire) Limited
Statement of financial position
as at 30 April 2024
Called up share capital not paid
1
1
Intangible assets
5,300
10,600
Tangible assets
44,903
11,423
Cash at bank and in hand
4,752
2,321
Creditors: amounts falling due within one year
(34,381)
(27,201)
Net current liabilities
(11,913)
(10,797)
Total assets less current liabilities
38,291
11,227
Creditors: amounts falling due after more than one year
(24,401)
-
Called up share capital
1
1
Profit and loss account
13,889
11,226
Shareholders' funds
13,890
11,227
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 5 November 2024 and were signed on its behalf by
Timothy Peter Blackburn
Director
Company Registration No. 09567618
Town & Country Signs (yorkshire) Limited
Notes to the Accounts
for the year ended 30 April 2024
Town & Country Signs (yorkshire) Limited is a private company, limited by shares, registered in England and Wales, registration number 09567618. The registered office is 12 Stonethwaite, , York, North Yorkshire, YO24 2SY, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. 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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Plant & machinery
15% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
15% on reducing balance
Computer equipment
33% on cost
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Town & Country Signs (yorkshire) Limited
Notes to the Accounts
for the year ended 30 April 2024
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 May 2023
10,694
1,327
12,020
1,223
349
25,613
Additions
-
-
44,784
-
-
44,784
Disposals
-
-
(12,020)
-
-
(12,020)
At 30 April 2024
10,694
1,327
44,784
1,223
349
58,377
At 1 May 2023
-
931
12,020
890
349
14,190
Charge for the year
-
59
11,196
49
-
11,304
On disposals
-
-
(12,020)
-
-
(12,020)
At 30 April 2024
-
990
11,196
939
349
13,474
At 30 April 2024
10,694
337
33,588
284
-
44,903
At 30 April 2023
10,694
396
-
333
-
11,423
Amounts falling due within one year
Trade debtors
17,716
11,671
Accrued income and prepayments
-
215
Town & Country Signs (yorkshire) Limited
Notes to the Accounts
for the year ended 30 April 2024
7
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
12,012
-
Trade creditors
4,795
4,313
Taxes and social security
371
1,710
Loans from directors
14,097
20,698
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
24,401
-
9
Average number of employees
During the year the average number of employees was 2 (2023: 1).