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Company Registration No. 12710881 (England and Wales)
Prestige Signmakers Ltd Unaudited accounts for the year ended 30 June 2024
Prestige Signmakers Ltd Unaudited accounts Contents
Page
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Prestige Signmakers Ltd Company Information for the year ended 30 June 2024
Directors
BIDDULPH, Michael Ormus GEORGIOU, Eleni
Company Number
12710881 (England and Wales)
Registered Office
West Clayton Business Centre Berry Lane Chorleywood Hertfordshire WD3 5EX England
Accountants
GIA Foley & Co West Clayton Business Centre Berry Lane Chorleywood Hertfordshire WD3 5EX
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Prestige Signmakers Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
625 
1,250 
Current assets
Debtors
66,974 
149,158 
Cash at bank and in hand
71,739 
20,232 
138,713 
169,390 
Creditors: amounts falling due within one year
(96,699)
(128,209)
Net current assets
42,014 
41,181 
Net assets
42,639 
42,431 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
42,539 
42,331 
Shareholders' funds
42,639 
42,431 
For the year ending 30 June 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 12 March 2025 and were signed on its behalf by
BIDDULPH, Michael Ormus Director Company Registration No. 12710881
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Prestige Signmakers Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Prestige Signmakers Ltd is a private company, limited by shares, registered in England and Wales, registration number 12710881. The registered office is West Clayton Business Centre, Berry Lane, Chorleywood, Hertfordshire, WD3 5EX, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
25% straight line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 July 2023
2,499 
At 30 June 2024
2,499 
Depreciation
At 1 July 2023
1,249 
Charge for the year
625 
At 30 June 2024
1,874 
Net book value
At 30 June 2024
625 
At 30 June 2023
1,250 
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Prestige Signmakers Ltd Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
66,974 
146,977 
Accrued income and prepayments
- 
2,181 
66,974 
149,158 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
11,035 
7,338 
Trade creditors
48,027 
74,928 
Taxes and social security
(466)
2,398 
Other creditors
2,750 
2,750 
Loans from directors
35,353 
40,795 
96,699 
128,209 
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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