Company Registration No. 09456792 (England and Wales)
SIG COURIERS LIMITED
Unaudited accounts
for the year ended 29 February 2024
SIG COURIERS LIMITED
Unaudited accounts
Contents
SIG COURIERS LIMITED
Company Information
for the year ended 29 February 2024
Director
STEFAN IVANOV BALABANOV
Company Number
09456792 (England and Wales)
Registered Office
Uppingham
Hall Drive
Canwick
Lincoln
Lincolnshire
LN4 2RG
England
SIG COURIERS LIMITED
Statement of financial position
as at 29 February 2024
Called up share capital not paid
100
100
Tangible assets
64,410
76,425
Cash at bank and in hand
20,865
14,529
Creditors: amounts falling due within one year
(23,929)
(46,773)
Net current liabilities
(3,064)
(32,244)
Total assets less current liabilities
61,446
44,281
Creditors: amounts falling due after more than one year
(41,237)
(39,559)
Called up share capital
100
100
Profit and loss account
20,109
4,622
Shareholders' funds
20,209
4,722
For the year ending 29 February 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 25 October 2024 and were signed on its behalf by
STEFAN IVANOV BALABANOV
Director
Company Registration No. 09456792
SIG COURIERS LIMITED
Notes to the Accounts
for the year ended 29 February 2024
SIG COURIERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09456792. The registered office is Uppingham, Hall Drive, Canwick, Lincoln, Lincolnshire, LN4 2RG, 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.
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
33% DEDUCTION
4
Tangible fixed assets
Plant & machinery
At 29 February 2024
182,434
Charge for the year
31,725
At 29 February 2024
118,024
At 29 February 2024
64,410
At 28 February 2023
76,425
SIG COURIERS LIMITED
Notes to the Accounts
for the year ended 29 February 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,633
7,455
Loans from directors
905
15,156
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.
6
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
20,376
7,980
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Average number of employees
During the year the average number of employees was 2 (2023: 3).