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REGISTERED NUMBER: 02953526 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

SIGNALLING INSTALLATION & MAINTENANCE
SERVICES LIMITED

SIGNALLING INSTALLATION & MAINTENANCE
SERVICES LIMITED (REGISTERED NUMBER: 02953526)






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


SIGNALLING INSTALLATION & MAINTENANCE
SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: Mr A Mulholland
Mr P Hedger
Mr I Chalmers





REGISTERED OFFICE: 5 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX





REGISTERED NUMBER: 02953526 (England and Wales)





ACCOUNTANTS: David Simon Limited
Chartered Certified Accountants
5 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX

SIGNALLING INSTALLATION & MAINTENANCE
SERVICES LIMITED (REGISTERED NUMBER: 02953526)

STATEMENT OF FINANCIAL POSITION
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,613 8,530

CURRENT ASSETS
Debtors 5 422,661 446,778
Cash at bank and in hand 505,587 310,652
928,248 757,430
CREDITORS
Amounts falling due within one year 6 320,068 231,401
NET CURRENT ASSETS 608,180 526,029
TOTAL ASSETS LESS CURRENT
LIABILITIES

614,793

534,559

CAPITAL AND RESERVES
Called up share capital 82 82
Capital redemption reserve 18 18
Retained earnings 614,693 534,459
SHAREHOLDERS' FUNDS 614,793 534,559

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 26 February 2025 and were signed on its behalf by:




Mr A Mulholland - Director



Mr P Hedger - Director


SIGNALLING INSTALLATION & MAINTENANCE
SERVICES LIMITED (REGISTERED NUMBER: 02953526)

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

1. STATUTORY INFORMATION

Signalling Installation & Maintenance Services 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 - 33.33% on cost and 25% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 141,902
Additions 334
At 31 May 2024 142,236
DEPRECIATION
At 1 June 2023 133,372
Charge for year 2,251
At 31 May 2024 135,623
NET BOOK VALUE
At 31 May 2024 6,613
At 31 May 2023 8,530

SIGNALLING INSTALLATION & MAINTENANCE
SERVICES LIMITED (REGISTERED NUMBER: 02953526)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 403,983 432,532
Other debtors 18,678 14,246
422,661 446,778

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 168,362 39,142
Taxation and social security 143,621 17,333
Other creditors 8,085 174,926
320,068 231,401

7. RELATED PARTY DISCLOSURES

Included in cost of sales is an amount of £1,189,659 (2023: £1,125,002) relating to services received by a connected company.

Included in creditors is an amount of £94,788 (2023: £Nil) due to a connected company.