1 December 2023 false No description of principal activity Taxfiler 2024.6 8795799business:PrivateLimitedCompanyLtd2023-12-012024-11-30 87957992023-11-30 87957992023-12-012024-11-30 8795799business:AuditExemptWithAccountantsReport2023-12-012024-11-30 8795799business:FilletedAccounts2023-12-012024-11-30 87957992024-11-30 8795799business:Director12023-12-012024-11-30 8795799business:RegisteredOffice2023-12-012024-11-30 87957992023-11-30 8795799core:WithinOneYear2024-11-30 8795799core:WithinOneYear2023-11-30 8795799core:AfterOneYear2024-11-30 8795799core:AfterOneYear2023-11-30 8795799core:ShareCapitalcore:PreviouslyStatedAmount2024-11-30 8795799core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 8795799core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-30 8795799core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 8795799core:PreviouslyStatedAmount2024-11-30 8795799core:PreviouslyStatedAmount2023-11-30 8795799business:SmallEntities2023-12-012024-11-30 8795799countries:EnglandWales2023-12-012024-11-30 8795799core:PlantMachinery2023-12-012024-11-30 8795799core:MotorVehicles2023-12-012024-11-30 8795799core:FurnitureFittings2023-12-012024-11-30 8795799core:ComputerEquipment2023-12-012024-11-30 8795799core:PlantMachinery2023-11-30 8795799core:MotorVehicles2023-11-30 8795799core:FurnitureFittings2023-11-30 8795799core:ComputerEquipment2023-11-30 8795799core:PlantMachinery2024-11-30 8795799core:MotorVehicles2024-11-30 8795799core:FurnitureFittings2024-11-30 8795799core:ComputerEquipment2024-11-30 8795799business:OrdinaryShareClass12023-12-012024-11-30 8795799business:OrdinaryShareClass12022-12-012023-11-30 8795799business:Director112023-12-012024-11-30 8795799business:Director112023-11-30 8795799business:Director112024-11-30 87957992022-12-012023-11-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 8795799 (England and Wales)
GI Signs Limited Unaudited accounts for the year ended 30 November 2024
GI Signs Limited Unaudited accounts Contents
Page
- 2 -
GI Signs Limited Company Information for the year ended 30 November 2024
Director
S Nee
Company Number
8795799 (England and Wales)
Registered Office
25 Gannon Road Worthing West Sussex BN11 2DT England
Accountants
Darling & Co 1 The Glen Worthing West Sussex BN13 2AD
- 3 -
GI Signs Limited Accountants' report
Accountants' report to the director of GI Signs Limited on the preparation of the unaudited statutory accounts for the year ended 30 November 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of GI Signs Limited for the year ended 30 November 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of GI Signs Limited, as a body, in accordance with the terms of our engagement letter dated 14 February 2014. Our work has been undertaken solely to prepare for your approval the accounts of GI Signs Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than GI Signs Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that GI Signs Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of GI Signs Limited. You consider that GI Signs Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of GI Signs Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Darling & Co 1 The Glen Worthing West Sussex BN13 2AD 3 April 2025
- 4 -
GI Signs Limited Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,594 
2,768 
Current assets
Inventories
6,800 
- 
Debtors
2,050 
9,464 
Cash at bank and in hand
4,457 
3,502 
13,307 
12,966 
Creditors: amounts falling due within one year
(10,600)
(9,788)
Net current assets
2,707 
3,178 
Total assets less current liabilities
5,301 
5,946 
Creditors: amounts falling due after more than one year
(2,000)
(4,000)
Net assets
3,301 
1,946 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
2,301 
946 
Shareholders' funds
3,301 
1,946 
For the year ending 30 November 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 3 April 2025 and were signed on its behalf by
S Nee Director Company Registration No. 8795799
- 5 -
GI Signs Limited Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
GI Signs Limited is a private company, limited by shares, registered in England and Wales, registration number 8795799. The registered office is 25 Gannon Road, Worthing, West Sussex, BN11 2DT, 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.
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:
Plant & machinery
15% reducing
Motor vehicles
25% reducing
Fixtures & fittings
15% reducing
Computer equipment
over three years
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 December 2023
514 
8,350 
150 
800 
9,814 
Additions
605 
- 
- 
- 
605 
At 30 November 2024
1,119 
8,350 
150 
800 
10,419 
Depreciation
At 1 December 2023
292 
5,873 
118 
763 
7,046 
Charge for the year
143 
619 
5 
12 
779 
At 30 November 2024
435 
6,492 
123 
775 
7,825 
Net book value
At 30 November 2024
684 
1,858 
27 
25 
2,594 
At 30 November 2023
222 
2,477 
32 
37 
2,768 
- 6 -
GI Signs Limited Notes to the Accounts for the year ended 30 November 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,050 
1,620 
Other debtors
- 
7,844 
2,050 
9,464 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
2,000 
2,000 
Taxes and social security
6,861 
6,738 
Other creditors
1,045 
995 
Loans from directors
634 
- 
Accruals
60 
55 
10,600 
9,788 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
2,000 
4,000 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
S Nee
Director's loan account
7,844 
- 
7,844 
- 
7,844 
- 
7,844 
- 
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 7 -