Company Registration No. 11474112 (England and Wales)
SIGNATURE REALTORS LTD
Financial Statements
for the year ended 31 July 2024
SIGNATURE REALTORS LTD
Financial Statements
Contents
SIGNATURE REALTORS LTD
Company Information
for the year ended 31 July 2024
Director
Dr Sreekanth Reddivari
Company Number
11474112 (England and Wales)
Registered Office
7 CLOS ELPHAN
ST. MELLONS
CARDIFF
CF3 2AE
WALES
SIGNATURE REALTORS LTD
Statement of financial position
as at 31 July 2024
Tangible assets
545,426
531,033
Cash at bank and in hand
1,078
3,607
Creditors: amounts falling due within one year
(7,167)
(26,650)
Net current assets/(liabilities)
6,411
(23,043)
Total assets less current liabilities
551,837
507,990
Creditors: amounts falling due after more than one year
(709,596)
(613,299)
Net liabilities
(157,759)
(105,309)
Called up share capital
200
200
Profit and loss account
(157,959)
(105,509)
Shareholders' funds
(157,759)
(105,309)
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 17 March 2025 and were signed on its behalf by
Dr Sreekanth Reddivari
Director
Company Registration No. 11474112
SIGNATURE REALTORS LTD
Notes to the Accounts
for the year ended 31 July 2024
SIGNATURE REALTORS LTD is a private company, limited by shares, registered in England and Wales, registration number 11474112. The registered office is 7 CLOS ELPHAN, ST. MELLONS, CARDIFF, CF3 2AE, WALES.
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:
4
Tangible fixed assets
Land & buildings
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2023
530,866
-
839
531,705
Additions
-
19,414
-
19,414
At 31 July 2024
530,866
19,414
839
551,119
At 1 August 2023
-
-
672
672
Charge for the year
-
4,854
167
5,021
At 31 July 2024
-
4,854
839
5,693
At 31 July 2024
530,866
14,560
-
545,426
At 31 July 2023
530,866
-
167
531,033
Amounts falling due within one year
SIGNATURE REALTORS LTD
Notes to the Accounts
for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
665
-
Other creditors
6,502
26,650
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
107,750
110,491
Other creditors
601,846
502,808
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).