Acorah Software Products - Accounts Production 16.1.200 false true true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 08030117 Mr Gary Fogg Mr Gary Alan FOGG true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08030117 2023-04-30 08030117 2024-04-30 08030117 2023-05-01 2024-04-30 08030117 frs-core:CurrentFinancialInstruments 2024-04-30 08030117 frs-core:Non-currentFinancialInstruments 2024-04-30 08030117 frs-core:ComputerEquipment 2024-04-30 08030117 frs-core:ComputerEquipment 2023-05-01 2024-04-30 08030117 frs-core:ComputerEquipment 2023-04-30 08030117 frs-core:MotorVehicles 2024-04-30 08030117 frs-core:MotorVehicles 2023-05-01 2024-04-30 08030117 frs-core:MotorVehicles 2023-04-30 08030117 frs-core:PlantMachinery 2024-04-30 08030117 frs-core:PlantMachinery 2023-05-01 2024-04-30 08030117 frs-core:PlantMachinery 2023-04-30 08030117 frs-core:ShareCapital 2024-04-30 08030117 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08030117 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08030117 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 08030117 frs-bus:SmallEntities 2023-05-01 2024-04-30 08030117 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08030117 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08030117 1 2023-05-01 2024-04-30 08030117 frs-bus:Director1 2023-05-01 2024-04-30 08030117 frs-countries:EnglandWales 2023-05-01 2024-04-30 08030117 2022-04-30 08030117 2023-04-30 08030117 2022-05-01 2023-04-30 08030117 frs-core:CurrentFinancialInstruments 2023-04-30 08030117 frs-core:Non-currentFinancialInstruments 2023-04-30 08030117 frs-core:ShareCapital 2023-04-30 08030117 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 08030117
Project Signs (UK) Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Kent Coast Accounts Ltd
AAT Licenced Accountants
39 Brooke Avenue
Margate
Kent
CT9 5NG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08030117
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 249 382
249 382
CURRENT ASSETS
Stocks 5 3,000 4,000
Debtors 6 2,087 5,416
Cash at bank and in hand 3 2
5,090 9,418
Creditors: Amounts Falling Due Within One Year 7 (35,098 ) (26,854 )
NET CURRENT ASSETS (LIABILITIES) (30,008 ) (17,436 )
TOTAL ASSETS LESS CURRENT LIABILITIES (29,759 ) (17,054 )
Creditors: Amounts Falling Due After More Than One Year 8 (14,258 ) (8,700 )
NET LIABILITIES (44,017 ) (25,754 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (44,117 ) (25,854 )
SHAREHOLDERS' FUNDS (44,017) (25,754)
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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 member has 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.
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
Mr Gary Fogg
Director
29th January 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Project Signs (UK) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08030117 . The registered office is 1 Glebe Gardens, Margate, Kent, CT9 5PS.
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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. it also requires management to exercise judgment in applying the Company's accounting policies.

2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue 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 revenue is recognised:

Sale of goods
Turnover from the sale of goods is recognised when all of the following conditions are satisfied:

  1. the Company has transferred the significant risks and rewards of ownership to the buyer
  2. the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold
  3. the amount of revenue can be measured reliably
  4. it is probable that the Company will receive the consideration due under the transaction
  5. 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:
  1. the amount of revenue can be measured reliably
  2. it is probable that the Company will receive the consideration due under the contract
  3. the stage of completion of the contract at the end of the reporting period can be measured reliably
  4. the costs incurred and the costs to complete the contract can be measured reliably.


2.4. 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:
Plant & Machinery Straight line 25%
Motor Vehicles Straight line 25%
Computer Equipment Straight line 25%
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value.
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3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2023 2,550 15,250 574 18,374
Disposals - (15,250 ) - (15,250 )
As at 30 April 2024 2,550 - 574 3,124
Depreciation
As at 1 May 2023 2,550 15,250 192 17,992
Provided during the period - - 133 133
Disposals - (15,250 ) - (15,250 )
As at 30 April 2024 2,550 - 325 2,875
Net Book Value
As at 30 April 2024 - - 249 249
As at 1 May 2023 - - 382 382
5. Stocks
2024 2023
£ £
Stock 3,000 4,000
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,969 3,373
Other debtors 68 2,003
2,037 5,376
Due after more than one year
Other debtors 50 40
2,087 5,416
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,174 5,421
Bank loans and overdrafts 6,513 19,402
VAT 1,507 1,970
Net wages 1,463 -
Accruals and deferred income 145 -
Director's loan account 22,296 61
35,098 26,854
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 6,258 8,700
Other loans 8,000 -
14,258 8,700
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Pension Commitments
The company operates a defined contribution pension scheme for employees and Directors. The assets of the scheme are held separately from those of the company in an independently administered fund.
11. Ultimate Controlling Party
The company's ultimate controlling party is Mr Gary Alan FOGG by virtue of his ownership of 100% of the issued share capital in the company.
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