Company registration number: 00932255
Unaudited financial statements
for the year ended 30 June 2024
for
Permasign Limited
Pages for filing with the Registrar
Company registration number: 00932255
Permasign Limited
Balance sheet
as at 30 June 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 4 17,536 25,945
Investments 5 200 200
17,736 26,145
Current assets
Stocks 35,974 25,412
Debtors 30,410 49,110
Cash at bank and in hand 65,760 76,470
132,144 150,992
Creditors: amounts falling due within
one year
(50,694) (70,877)
Net current assets 81,450 80,115
Total assets less current liabilities 99,186 106,260
NET ASSETS 99,186 106,260
Capital and reserves
Called up share capital 6,000 6,000
Profit and loss account 93,186 100,260
TOTAL EQUITY 99,186 106,260
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 June 2024.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 00932255
Permasign Limited
Balance sheet - continued
as at 30 June 2024
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 21 January 2025 and signed on its behalf by:
Mr P Dalton, Director Mr H Mathew, Director
21 January 2025 21 January 2025
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Permasign Limited
Notes to the financial statements
for the year ended 30 June 2024
1 Company information
Permasign Limited is a private company registered in England and Wales. Its registered number is 00932255. The company is limited by shares. Its registered office is Unit 3, Short Way, Thornbury Industrial Estate, Bristol, BS35 3UT.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Presentation currency
The company's financial statements are presented in sterling.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 20% reducing balance
Motor vehicles - 25% straight line
Investments in subsidiaries
Investments in subsidiaries are recognised at cost.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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Permasign Limited
Notes to the financial statements - continued
for the year ended 30 June 2024
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 3 (2023 - 3).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 July 2023 59,610
At 30 June 2024 59,610
Depreciation
At 1 July 2023 33,665
Charge for year 8,409
At 30 June 2024 42,074
Net book value
At 30 June 2024 17,536
At 30 June 2023 25,945
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Permasign Limited
Notes to the financial statements - continued
for the year ended 30 June 2024
5 Fixed asset investments
Investments other than loans
Shares in
group
undertakings
and
participating
interests
£
Cost
At 1 July 2023 200
At 30 June 2024 200
Net book value
At 30 June 2024 200
At 30 June 2023 200
6 Related party transactions
The company is jointly controlled by Dancop (UK) Limited and Angelpowers Limited companies incorporated in England. Dancop (UK) Limited is controlled by Mr H and Mrs H Mathew and Angelpowers Limited is controlled by Mr P and Mrs C Dalton, all of whom are directors of Permasign Limited.



The company trades with Myriad Technologies Limited a company controlled by the directors of Permas
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