1 June 2023 false No description of principal activity Taxfiler 2024.6 12602943business:PrivateLimitedCompanyLtd2023-06-012024-05-31 126029432023-05-31 126029432023-06-012024-05-31 12602943business:AuditExempt-NoAccountantsReport2023-06-012024-05-31 12602943business:FilletedAccounts2023-06-012024-05-31 126029432024-05-31 12602943business:Director12023-06-012024-05-31 12602943business:Director22023-06-012024-05-31 12602943business:RegisteredOffice2023-06-012024-05-31 126029432023-05-31 12602943core:WithinOneYear2024-05-31 12602943core:WithinOneYear2023-05-31 12602943core:AfterOneYear2024-05-31 12602943core:AfterOneYear2023-05-31 12602943core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 12602943core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 12602943core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 12602943core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 12602943core:PreviouslyStatedAmount2024-05-31 12602943core:PreviouslyStatedAmount2023-05-31 12602943business:SmallEntities2023-06-012024-05-31 12602943countries:EnglandWales2023-06-012024-05-31 12602943core:FurnitureFittings2023-06-012024-05-31 12602943core:ComputerEquipment2023-06-012024-05-31 12602943core:PlantMachinery2023-05-31 12602943core:MotorVehicles2023-05-31 12602943core:FurnitureFittings2023-05-31 12602943core:ComputerEquipment2023-05-31 12602943core:PlantMachinery2023-06-012024-05-31 12602943core:MotorVehicles2023-06-012024-05-31 12602943core:PlantMachinery2024-05-31 12602943core:MotorVehicles2024-05-31 12602943core:FurnitureFittings2024-05-31 12602943core:ComputerEquipment2024-05-31 12602943business:Director112023-06-012024-05-31 12602943business:Director112023-05-31 12602943business:Director112024-05-31 126029432022-06-012023-05-31 iso4217:GBP xbrli:pure
Company Registration No. 12602943 (England and Wales)
Saltaire Signs Limited Unaudited accounts for the year ended 31 May 2024
Saltaire Signs Limited Unaudited accounts Contents
Page
- 2 -
Saltaire Signs Limited Company Information for the year ended 31 May 2024
Directors
J Fagg S Fagg
Company Number
12602943 (England and Wales)
Registered Office
7 Whiteley Croft Gardens Otley West Yorkshire LS21 3PF ENGLAND
Accountants
Pearson & Associates Suite E, Canal Wharf Eshton Road Gargrave, Skipton North Yorkshire BD23 3SE
- 3 -
Saltaire Signs Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
19,549 
23,897 
Current assets
Debtors
41,939 
16,711 
Cash at bank and in hand
31,119 
13,802 
73,058 
30,513 
Creditors: amounts falling due within one year
(79,800)
(37,446)
Net current liabilities
(6,742)
(6,933)
Total assets less current liabilities
12,807 
16,964 
Creditors: amounts falling due after more than one year
(11,237)
(15,888)
Net assets
1,570 
1,076 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
1,568 
1,074 
Shareholders' funds
1,570 
1,076 
For the year ending 31 May 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 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 of Directors and authorised for issue on 25 November 2024 and were signed on its behalf by
J Fagg Director Company Registration No. 12602943
- 4 -
Saltaire Signs Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Saltaire Signs Limited is a private company, limited by shares, registered in England and Wales, registration number 12602943. The registered office is 7 Whiteley Croft Gardens, Otley, West Yorkshire, LS21 3PF, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
25% on Cost
Computer equipment
25% on Cost
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 June 2023
3,217 
26,750 
4,028 
4,208 
38,203 
Additions
161 
- 
- 
2,682 
2,843 
At 31 May 2024
3,378 
26,750 
4,028 
6,890 
41,046 
Depreciation
At 1 June 2023
1,091 
10,031 
1,201 
1,983 
14,306 
Charge for the year
804 
4,180 
1,007 
1,200 
7,191 
At 31 May 2024
1,895 
14,211 
2,208 
3,183 
21,497 
Net book value
At 31 May 2024
1,483 
12,539 
1,820 
3,707 
19,549 
At 31 May 2023
2,126 
16,719 
2,827 
2,225 
23,897 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
41,939 
16,711 
- 5 -
Saltaire Signs Limited Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,255 
- 
Trade creditors
47,593 
27,172 
Taxes and social security
25,791 
10,260 
Loans from directors
(12,550)
14 
Deferred income
15,711 
- 
79,800 
37,446 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
11,237 
15,888 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Interest free advance
(14)
12,564 
- 
12,550 
(14)
12,564 
- 
12,550 
The overdrawn directors loan was repaid on 30 June 2024.
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 6 -