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Company Registration No. 09049479 (England and Wales)
Citrus Signs Ltd Unaudited accounts for the year ended 31 May 2024
Citrus Signs Ltd Unaudited accounts Contents
Page
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Citrus Signs Ltd Company Information for the year ended 31 May 2024
Directors
Mr Matthew Cox Mr Kylo Murphy
Company Number
09049479 (England and Wales)
Registered Office
Unit 1 Court Farm West Chiltington Lane Coneyhurst Billingshurst RH14 9DL England
Accountants
Richard Matthew Accountancy Ltd Milner Cowfold Road Coolham West Sussex RH13 8QJ
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Citrus Signs Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,043 
5,088 
Current assets
Inventories
299 
- 
Debtors
14,503 
19,499 
Cash at bank and in hand
10,085 
4,806 
24,887 
24,305 
Creditors: amounts falling due within one year
(13,693)
(11,365)
Net current assets
11,194 
12,940 
Total assets less current liabilities
15,237 
18,028 
Creditors: amounts falling due after more than one year
(13,929)
(16,666)
Provisions for liabilities
Deferred tax
(967)
(967)
Net assets
341 
395 
Capital and reserves
Called up share capital
99 
99 
Profit and loss account
242 
296 
Shareholders' funds
341 
395 
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 26 February 2025 and were signed on its behalf by
Mr Matthew Cox Director Company Registration No. 09049479
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Citrus Signs Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Citrus Signs Ltd is a private company, limited by shares, registered in England and Wales, registration number 09049479. The registered office is Unit 1 Court Farm West Chiltington Lane, Coneyhurst, Billingshurst, RH14 9DL, 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:
Plant & machinery
20% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
20% reducing balance
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
19,036 
5,871 
2,248 
1,279 
28,434 
At 31 May 2024
19,036 
5,871 
2,248 
1,279 
28,434 
Depreciation
At 1 June 2023
15,763 
5,284 
1,674 
625 
23,346 
Charge for the year
654 
146 
- 
130 
930 
Surplus on revaluation
- 
- 
115 
- 
115 
At 31 May 2024
16,417 
5,430 
1,789 
755 
24,391 
Net book value
At 31 May 2024
2,619 
441 
459 
524 
4,043 
At 31 May 2023
3,273 
587 
574 
654 
5,088 
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Citrus Signs Ltd Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,487 
11,153 
Accrued income and prepayments
3,000 
1,140 
Other debtors
4,016 
7,206 
14,503 
19,499 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
2,778 
2,778 
VAT
3,495 
1,359 
Trade creditors
770 
1,125 
Taxes and social security
6,650 
4,740 
Accruals
- 
1,363 
13,693 
11,365 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
13,929 
16,666 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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