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REGISTERED NUMBER: 07783050 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

CITY SIGN & GRAPHICS LIMITED

CITY SIGN & GRAPHICS LIMITED (REGISTERED NUMBER: 07783050)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CITY SIGN & GRAPHICS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTOR: C J Cox





REGISTERED OFFICE: Unit 46 Lythalls Lane Industrial Estate
Coventry
United Kingdom
CV6 6FL





REGISTERED NUMBER: 07783050 (England and Wales)





ACCOUNTANTS: Askews Chartered Certified Accountants
5 The Quadrant
Coventry
West Midlands
CV1 2EL

CITY SIGN & GRAPHICS LIMITED (REGISTERED NUMBER: 07783050)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 166,388 80,375

CURRENT ASSETS
Stocks 10,000 10,000
Debtors 5 63,303 72,946
Cash at bank 6 11,741 13,409
85,044 96,355
CREDITORS
Amounts falling due within one year 7 159,759 149,692
NET CURRENT LIABILITIES (74,715 ) (53,337 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

91,673

27,038

CREDITORS
Amounts falling due after more than one
year

8

79,867

25,732
NET ASSETS 11,806 1,306

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 11,805 1,305
11,806 1,306

CITY SIGN & GRAPHICS LIMITED (REGISTERED NUMBER: 07783050)

BALANCE SHEET - continued
31 JULY 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 22 April 2025 and were signed by:





C J Cox - Director


CITY SIGN & GRAPHICS LIMITED (REGISTERED NUMBER: 07783050)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024


1. STATUTORY INFORMATION

City Sign & Graphics 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
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

At 31 July 2024 the company had net assets of £1,048 (2023- net assets £1,306). Based on future forecasted profits and the continuing support of the company's bank, the director is of opinion of the company is a going concern and therefore the accounts have been prepared on this 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 10% on reducing balance
Motor vehicles - 25% reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financial transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

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.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

CITY SIGN & GRAPHICS LIMITED (REGISTERED NUMBER: 07783050)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 August 2023 108,592 11,150 119,742
Additions 55,656 65,230 120,886
Disposals (16,500 ) - (16,500 )
At 31 July 2024 147,748 76,380 224,128
DEPRECIATION
At 1 August 2023 29,365 10,002 39,367
Charge for year 11,017 13,030 24,047
Eliminated on disposal (5,674 ) - (5,674 )
At 31 July 2024 34,708 23,032 57,740
NET BOOK VALUE
At 31 July 2024 113,040 53,348 166,388
At 31 July 2023 79,227 1,148 80,375

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 34,828 25,130
Other debtors 28,475 47,816
63,303 72,946

6. CASH AT BANK
2024 2023
£    £   
Bank 11,741 13,409

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans 4,411 6,721
Trade creditors 113,664 83,257
Taxation and social security 10,327 27,422
Other creditors 31,357 32,292
159,759 149,692

CITY SIGN & GRAPHICS LIMITED (REGISTERED NUMBER: 07783050)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 23,158 25,732
Other creditors 56,709 -
79,867 25,732

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

2024 2023
£    £   
C J Cox
Balance outstanding at start of year 29,925 44,867
Amounts advanced 42,631 59,797
Amounts repaid (57,098 ) (74,739 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 15,458 29,925