Company registration number 08351602 (England and Wales)
SIGNATURE GROUP TM LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 21 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
SIGNATURE GROUP TM LTD
CONTENTS
Page
Balance sheet
1 - 2
Statement of changes in equity
Notes to the financial statements
3 - 6
SIGNATURE GROUP TM LTD
BALANCE SHEET
AS AT
21 MARCH 2024
21 March 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
270,064
37,276
Current assets
Stocks
4
637,120
-
Debtors
5
1,061,029
983,266
Cash at bank and in hand
158,591
660,562
1,856,740
1,643,828
Creditors: amounts falling due within one year
6
(680,505)
(424,280)
Net current assets
1,176,235
1,219,548
Total assets less current liabilities
1,446,299
1,256,824
Creditors: amounts falling due after more than one year
7
(265,610)
-
0
Provisions for liabilities
Deferred tax liability
9
57,516
9,319
(57,516)
(9,319)
Net assets
1,123,173
1,247,505
Capital and reserves
Called up share capital
10
100
100
Profit and loss reserves
1,123,073
1,247,405
Total equity
1,123,173
1,247,505
SIGNATURE GROUP TM LTD
BALANCE SHEET (CONTINUED)
AS AT
21 MARCH 2024
21 March 2024
- 2 -

For the financial year ended 21 March 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 of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 21 March 2025 and are signed on its behalf by:
Mr N J Cooper
Director
Company registration number 08351602 (England and Wales)
SIGNATURE GROUP TM LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 21 MARCH 2024
- 3 -
1
Accounting policies
Company information

Signature Group TM Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 1386 London Road, Leigh on Sea, Essex, England, SS9 2UJ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.

1.2
Going concern

Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% Reducing balance
Fixtures and fittings
25% Reducing balance
Computers
15% On cost
Motor vehicles
25% Reducing balance
1.5
Stocks

Work in progress is valued at the lower of the cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in the bringing of stocks to their present location and condition.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

SIGNATURE GROUP TM LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 21 MARCH 2024
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
-
0
-
0
3
Tangible fixed assets
Plant and equipment
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
Cost
At 22 March 2023
1,655
42,029
6,007
28,000
77,691
Additions
-
0
-
0
-
0
317,175
317,175
At 21 March 2024
1,655
42,029
6,007
345,175
394,866
Depreciation and impairment
At 22 March 2023
1,360
17,336
5,531
16,188
40,415
Depreciation charged in the year
74
1,873
193
82,247
84,387
At 21 March 2024
1,434
19,209
5,724
98,435
124,802
Carrying amount
At 21 March 2024
221
22,820
283
246,740
270,064
At 21 March 2023
295
24,693
476
11,812
37,276
4
Stocks
2024
2023
£
£
Work in progress
637,120
-
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
1,055,445
983,266
Prepayments and accrued income
5,584
-
0
1,061,029
983,266
SIGNATURE GROUP TM LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 21 MARCH 2024
- 5 -
6
Creditors: amounts falling due within one year
2024
2023
Notes
£
£
Bank loans
8
36,702
42,604
Obligations under finance leases
35,000
-
0
Corporation tax
37,619
76,153
Other creditors
566,684
301,023
Accruals and deferred income
4,500
4,500
680,505
424,280
7
Creditors: amounts falling due after more than one year
2024
2023
Notes
£
£
Obligations under finance leases
265,610
-
0
8
Loans and overdrafts
2024
2023
£
£
Bank loans
36,702
42,604
Payable within one year
36,702
42,604
9
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the company and movements thereon:

Liabilities
Liabilities
2024
2023
Balances:
£
£
Accelerated capital allowances
57,516
9,319
2024
Movements in the year:
£
Liability at 22 March 2023
9,319
Charge to profit or loss
48,197
Liability at 21 March 2024
57,516
SIGNATURE GROUP TM LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 21 MARCH 2024
- 6 -
10
Share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
100
100
100
100
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