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
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
Citrus Signs Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
4,043
5,088
Cash at bank and in hand
10,085
4,806
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
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
Citrus Signs Ltd
Notes to the Accounts
for the year ended 31 May 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
At 31 May 2024
2,619
441
459
524
4,043
At 31 May 2023
3,273
587
574
654
5,088
Citrus Signs Ltd
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Trade debtors
7,487
11,153
Accrued income and prepayments
3,000
1,140
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
2,778
2,778
Taxes and social security
6,650
4,740
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).