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REGISTERED NUMBER: 05763195 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

A T S Signs Limited

A T S Signs Limited (Registered number: 05763195)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A T S Signs Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: A W J Surface
Mrs T A Surface





SECRETARY: Mrs T A Surface





REGISTERED OFFICE: 1434 London Road
Leigh on Sea
Essex
SS9 2UL





REGISTERED NUMBER: 05763195 (England and Wales)





ACCOUNTANTS: Butlers Chartered Accountants
1434 London Road
Leigh on Sea
Essex
SS9 2UL

A T S Signs Limited (Registered number: 05763195)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 30,000 30,000
Tangible assets 5 15,213 19,973
45,213 49,973

CURRENT ASSETS
Debtors 6 63,926 98,690
Cash at bank and in hand 152,812 334,478
216,738 433,168
CREDITORS
Amounts falling due within one year 7 377,210 343,950
NET CURRENT (LIABILITIES)/ASSETS (160,472 ) 89,218
TOTAL ASSETS LESS CURRENT
LIABILITIES

(115,259

)

139,191

PROVISIONS FOR LIABILITIES 1,672 4,005
NET (LIABILITIES)/ASSETS (116,931 ) 135,186

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (117,931 ) 134,186
SHAREHOLDERS' FUNDS (116,931 ) 135,186

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

A T S Signs Limited (Registered number: 05763195)

Balance Sheet - continued
31 March 2024


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 7 March 2025 and were signed on its behalf by:




A W J Surface - Director



Mrs T A Surface - Director


A T S Signs Limited (Registered number: 05763195)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

A T S Signs 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on a going concern basis. This assumes that the company will continue in existence for the foreseeable future.

The validity of this assumption depends on the continued financial support of the directors and creditors.

If the company were unable to continue in operational existence, adjustments would have to be made to reduce the balance sheet values of assets to their recoverable amounts, and to provide for any further liabilities that might arise and to reclassify fixed assets as current assets. Long term liabilities would also have to be reclassified as current liabilities.

The directors believe that it is appropriate for the financial statements to be prepared on the going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

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 - 25% on reducing balance and 15% 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

A T S Signs Limited (Registered number: 05763195)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2023
and 31 March 2024 30,000
NET BOOK VALUE
At 31 March 2024 30,000
At 31 March 2023 30,000

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 40,564 131,945 172,509
DEPRECIATION
At 1 April 2023 40,564 111,972 152,536
Charge for year - 4,760 4,760
At 31 March 2024 40,564 116,732 157,296
NET BOOK VALUE
At 31 March 2024 - 15,213 15,213
At 31 March 2023 - 19,973 19,973

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 52,655 98,690
Other debtors 11,271 -
63,926 98,690

A T S Signs Limited (Registered number: 05763195)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts - 1,818
Trade creditors 21,756 -
Taxation and social security 258,685 183,273
Other creditors 96,769 158,859
377,210 343,950