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REGISTERED NUMBER: 14135452 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

WOLVERHAMPTON SIGNS TRADING LIMITED

WOLVERHAMPTON SIGNS TRADING LIMITED (REGISTERED NUMBER: 14135452)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


WOLVERHAMPTON SIGNS TRADING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: N Walker
Mrs M A Walker





REGISTERED OFFICE: 34 Waterloo Road
Wolverhampton
United Kingdom
WV1 4DG





REGISTERED NUMBER: 14135452 (England and Wales)





ACCOUNTANTS: Crombies Accountants Limited
Chartered Accountants
34 Waterloo Road
Wolverhampton
West Midlands
WV1 4DG

WOLVERHAMPTON SIGNS TRADING LIMITED (REGISTERED NUMBER: 14135452)

STATEMENT OF FINANCIAL POSITION
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 36,331 3,808

CURRENT ASSETS
Debtors 5 60,429 143,590
Prepayments and accrued income 2,631 1,093
Cash at bank 90,066 563,314
153,126 707,997
CREDITORS
Amounts falling due within one year 6 225,104 709,990
NET CURRENT LIABILITIES (71,978 ) (1,993 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(35,647

)

1,815

CAPITAL AND RESERVES
Called up share capital 103 103
Retained earnings (35,750 ) 1,712
SHAREHOLDERS' FUNDS (35,647 ) 1,815

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 February 2025 and were signed on its behalf by:





N Walker - Director


WOLVERHAMPTON SIGNS TRADING LIMITED (REGISTERED NUMBER: 14135452)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

Wolverhampton Signs Trading Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 historical cost convention.

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.
Plant and machinery etc - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 6 ) .

WOLVERHAMPTON SIGNS TRADING LIMITED (REGISTERED NUMBER: 14135452)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 June 2023 - 542 4,534 5,076
Additions 37,750 - 7,308 45,058
At 31 May 2024 37,750 542 11,842 50,134
DEPRECIATION
At 1 June 2023 - 135 1,133 1,268
Charge for year 9,438 136 2,961 12,535
At 31 May 2024 9,438 271 4,094 13,803
NET BOOK VALUE
At 31 May 2024 28,312 271 7,748 36,331
At 31 May 2023 - 407 3,401 3,808

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 41,381 143,587
Other debtors 19,048 3
60,429 143,590

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 66,002
Amounts owed to group undertakings 19,049 346,882
Taxation and social security 5,229 235,079
Other creditors 200,826 62,027
225,104 709,990