Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-292023-03-011falsePrinting and Wrapping of Car Decals1falsetrue 04570698 2023-03-01 2024-02-29 04570698 2022-03-01 2023-02-28 04570698 2024-02-29 04570698 2023-02-28 04570698 c:Director3 2023-03-01 2024-02-29 04570698 d:Buildings d:LongLeaseholdAssets 2023-03-01 2024-02-29 04570698 d:PlantMachinery 2023-03-01 2024-02-29 04570698 d:PlantMachinery 2024-02-29 04570698 d:PlantMachinery 2023-02-28 04570698 d:MotorVehicles 2023-03-01 2024-02-29 04570698 d:MotorVehicles 2024-02-29 04570698 d:MotorVehicles 2023-02-28 04570698 d:FurnitureFittings 2023-03-01 2024-02-29 04570698 d:FurnitureFittings 2024-02-29 04570698 d:FurnitureFittings 2023-02-28 04570698 d:OfficeEquipment 2023-03-01 2024-02-29 04570698 d:OfficeEquipment 2024-02-29 04570698 d:OfficeEquipment 2023-02-28 04570698 d:CurrentFinancialInstruments 2024-02-29 04570698 d:CurrentFinancialInstruments 2023-02-28 04570698 d:Non-currentFinancialInstruments 2024-02-29 04570698 d:Non-currentFinancialInstruments 2023-02-28 04570698 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 04570698 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 04570698 d:Non-currentFinancialInstruments d:AfterOneYear 2024-02-29 04570698 d:Non-currentFinancialInstruments d:AfterOneYear 2023-02-28 04570698 d:ShareCapital 2024-02-29 04570698 d:ShareCapital 2023-02-28 04570698 d:RetainedEarningsAccumulatedLosses 2024-02-29 04570698 d:RetainedEarningsAccumulatedLosses 2023-02-28 04570698 c:FRS102 2023-03-01 2024-02-29 04570698 c:Audited 2023-03-01 2024-02-29 04570698 c:FullAccounts 2023-03-01 2024-02-29 04570698 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 04570698 c:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 04570698 d:AcceleratedTaxDepreciationDeferredTax 2024-02-29 04570698 d:AcceleratedTaxDepreciationDeferredTax 2023-02-28 iso4217:GBP xbrli:pure

Registered number: 04570698










SIGN LANGUAGE LIMITED










FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 29 FEBRUARY 2024

 
SIGN LANGUAGE LIMITED
REGISTERED NUMBER: 04570698

BALANCE SHEET
AS AT 29 FEBRUARY 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
 5 
1,778
1,778

Debtors
 6 
136,264
76,793

Cash at bank and in hand
 7 
795
3,463

  
138,837
82,034

Creditors: amounts falling due within one year
 8 
(116,421)
(57,374)

Net current assets
  
 
 
22,416
 
 
24,660

Total assets less current liabilities
  
22,416
24,660

Creditors: amounts falling due after more than one year
 9 
(70,000)
(120,000)

  

Net liabilities
  
(47,584)
(95,340)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(47,684)
(95,440)

  
(47,584)
(95,340)


Page 1

 
SIGN LANGUAGE LIMITED
REGISTERED NUMBER: 04570698
    
BALANCE SHEET (CONTINUED)
AS AT 29 FEBRUARY 2024

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Paul Adamson
Director

Date: 26 November 2024

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
SIGN LANGUAGE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

Sign Language Limited is a private company, limited by shares, registered in England and Wales. 
The Company is a wholly owned subsidiary of CGI Creative Graphics International Limited, which is the ultimate parent undertaking. 
The address of the registered office and principal place of business of both companies is 6-8 Singer Way, Woburn Road Industrial Estate, Kempston, Bedford, MK42 7AW. 
The financial statements have been presented in £ sterling and are rounded to the nearest £1.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
SIGN LANGUAGE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

The Company adds to the carrying amount of an item of fixed assets the cost of replacing part of such an item when that cost is incurred, if the replacement part is expected to provide incremental future benefits to the Company. The carrying amount of the replaced part is derecognised. Repairs and maintenance are charged to profit or loss during the period in which they are incurred.

Page 4

 
SIGN LANGUAGE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Long-term leasehold property
-
Remaining life of the lease
Plant and machinery
-
3-10 years
Motor vehicles
-
5 years
Fixtures and fittings
-
4 years
Office equipment
-
3 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
SIGN LANGUAGE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.9

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance Sheet.

 
2.10

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 6

 
SIGN LANGUAGE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

4.


Tangible fixed assets







Plant and machinery
Motor vehicles
Fixtures and fittings
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 March 2023
108,877
1,660
4,985
103,413
218,935


Disposals
(80,351)
-
(4,985)
(69,091)
(154,427)



At 29 February 2024

28,526
1,660
-
34,322
64,508



Depreciation


At 1 March 2023
108,877
1,660
4,985
103,413
218,935


Disposals
(80,351)
-
(4,985)
(69,091)
(154,427)



At 29 February 2024

28,526
1,660
-
34,322
64,508



Net book value



At 29 February 2024
-
-
-
-
-



At 28 February 2023
-
-
-
-
-

Page 7

 
SIGN LANGUAGE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

5.


Stocks

2024
2023
£
£

Raw materials and consumables
1,778
1,778

1,778
1,778



6.


Debtors

2024
2023
£
£



Trade debtors
133,730
74,281

Prepayments and accrued income
1,300
1,278

Deferred taxation
1,234
1,234

136,264
76,793



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
795
3,463

795
3,463


Page 8

 
SIGN LANGUAGE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
93,484
30,368

Corporation tax
59
59

Other taxation and social security
6,695
645

Other creditors
13,608
12,402

Accruals and deferred income
2,575
13,900

116,421
57,374



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Amounts owed to group undertakings
70,000
120,000

70,000
120,000


Page 9

 
SIGN LANGUAGE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

10.


Deferred taxation






2024


£






At beginning of year
1,234



At end of year
1,234

The deferred tax asset is made up as follows:

2024
2023
£
£


Accelerated capital allowances
1,234
1,234

1,234
1,234


11.


Related party transactions

As a wholly owned subsidiary of CGI Creative Graphics International Limited the Company is exempt from the requirements of FRS102 to disclose transactions with other members of the group headed by CGI Creative Graphics International Limited.


12.


Controlling party

The immediate and ultimate parent company is CGI Creative Graphics International Limited, a company registered in England and Wales.
The consolidated financial statements of CGI Creative Graphics International Limited are avaliable to the public and may be obtained from 6-8 Singer Way, Woburn Road Industrial Estate, Bedford, Bedfordshire, MK41 7AW.


13.


Auditor's information

The auditor's report on the financial statements for the year ended 29 February 2024 was unqualified.

The audit report was signed on 28 November 2024 by Atul Kariya FCCA (Senior Statutory Auditor) on behalf of MHA.

Page 10