Acorah Software Products - Accounts Production 16.0.110 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 SC594354 Mr Gary Green Ms Jacqueline Stokes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC594354 2023-04-30 SC594354 2024-04-30 SC594354 2023-05-01 2024-04-30 SC594354 frs-core:CurrentFinancialInstruments 2024-04-30 SC594354 frs-core:Non-currentFinancialInstruments 2024-04-30 SC594354 frs-core:FurnitureFittings 2024-04-30 SC594354 frs-core:FurnitureFittings 2023-05-01 2024-04-30 SC594354 frs-core:FurnitureFittings 2023-04-30 SC594354 frs-core:MotorVehicles 2024-04-30 SC594354 frs-core:MotorVehicles 2023-05-01 2024-04-30 SC594354 frs-core:MotorVehicles 2023-04-30 SC594354 frs-core:ShareCapital 2024-04-30 SC594354 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 SC594354 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 SC594354 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 SC594354 frs-bus:SmallEntities 2023-05-01 2024-04-30 SC594354 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 SC594354 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 SC594354 frs-bus:Director1 2023-05-01 2024-04-30 SC594354 frs-bus:Director1 2023-04-30 SC594354 frs-bus:Director1 2024-04-30 SC594354 frs-bus:Director2 2023-05-01 2024-04-30 SC594354 frs-bus:Director2 2023-04-30 SC594354 frs-bus:Director2 2024-04-30 SC594354 frs-core:CurrentFinancialInstruments 1 2024-04-30 SC594354 frs-core:CurrentFinancialInstruments 4 2024-04-30 SC594354 frs-countries:Scotland 2023-05-01 2024-04-30 SC594354 2022-04-30 SC594354 2023-04-30 SC594354 2022-05-01 2023-04-30 SC594354 frs-core:CurrentFinancialInstruments 2023-04-30 SC594354 frs-core:Non-currentFinancialInstruments 2023-04-30 SC594354 frs-core:ShareCapital 2023-04-30 SC594354 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 SC594354 frs-core:CurrentFinancialInstruments 1 2023-04-30 SC594354 frs-core:Non-currentFinancialInstruments 1 2023-04-30 SC594354 frs-core:CurrentFinancialInstruments 4 2023-04-30
Registered number: SC594354
Big Lime Signs And Graphics Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Sutherland Black
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC594354
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 14,564 19,420
14,564 19,420
CURRENT ASSETS
Debtors 5 27,031 22,230
Cash at bank and in hand 38,253 36,462
65,284 58,692
Creditors: Amounts Falling Due Within One Year 6 (74,466 ) (68,659 )
NET CURRENT ASSETS (LIABILITIES) (9,182 ) (9,967 )
TOTAL ASSETS LESS CURRENT LIABILITIES 5,382 9,453
Creditors: Amounts Falling Due After More Than One Year 7 (4,654 ) (8,872 )
NET ASSETS 728 581
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 726 579
SHAREHOLDERS' FUNDS 728 581
Page 1
Page 2
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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms Jacqueline Stokes
Director
05/11/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Big Lime Signs And Graphics Limited is a private company, limited by shares, incorporated in Scotland, registered number SC594354 . The registered office is Unit 18 Knightsridge East, Livingston, United Kingdom, EH54 8RA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
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 and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% WDV
Fixtures & Fittings 25% WDV
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 4)
5 4
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 May 2023 17,510 28,522 46,032
As at 30 April 2024 17,510 28,522 46,032
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 May 2023 10,123 16,489 26,612
Provided during the period 1,847 3,009 4,856
As at 30 April 2024 11,970 19,498 31,468
Net Book Value
As at 30 April 2024 5,540 9,024 14,564
As at 1 May 2023 7,387 12,033 19,420
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 22,009 16,745
Prepayments and accrued income 2,901 -
Other debtors 396 -
Directors' loan accounts 1,725 5,485
27,031 22,230
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 11,286 5,669
Bank loans and overdrafts 4,539 5,000
VAT 11,919 9,256
Pensions Payable 773 -
Hire Purchase Loan < 1 Year 253 3,038
Provision for VAT liability 45,696 45,696
74,466 68,659
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bounce back loan > 1 Year 4,654 8,619
Hire Purchase Loan > 1 Year - 253
4,654 8,872
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4
Page 5
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 May 2023 Amounts advanced Amounts repaid Amounts written off As at 30 April 2024
£ £ £ £ £
Mr Gary Green (5,485 ) (968 ) 5,000 - (1,453 )
Ms Jacqueline Stokes - (5,272 ) 5,000 - (272 )
The above loan is unsecured, interest free and repayable on demand.
Page 5