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REGISTERED NUMBER: 04288462 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

KASPA SIGN PRODUCTS LIMITED

KASPA SIGN PRODUCTS LIMITED (REGISTERED NUMBER: 04288462)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KASPA SIGN PRODUCTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mr PN Wheeler
Mr KD Wilderspin





SECRETARY: Mr KD Wilderspin





REGISTERED OFFICE: Kaspa House
Christy Way
Southfields Business Park
Laindon
Essex
SS15 6TR





REGISTERED NUMBER: 04288462 (England and Wales)





ACCOUNTANTS: Elliott, Mortlock, Busby & Co Limited
12 High Street
Stanford le Hope
Essex
SS17 0EY

KASPA SIGN PRODUCTS LIMITED (REGISTERED NUMBER: 04288462)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 231,473 377,182

CURRENT ASSETS
Stocks 72,108 55,593
Debtors 5 283,572 251,002
Cash at bank and in hand 692,938 255,232
1,048,618 561,827
CREDITORS
Amounts falling due within one year 6 382,780 220,856
NET CURRENT ASSETS 665,838 340,971
TOTAL ASSETS LESS CURRENT
LIABILITIES

897,311

718,153

CREDITORS
Amounts falling due after more than one year 7 (51,627 ) (111,124 )

PROVISIONS FOR LIABILITIES 10 (16,699 ) (11,957 )
NET ASSETS 828,985 595,072

CAPITAL AND RESERVES
Called up share capital 30 30
Capital redemption reserve 45 45
Retained earnings 828,910 594,997
SHAREHOLDERS' FUNDS 828,985 595,072

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

KASPA SIGN PRODUCTS LIMITED (REGISTERED NUMBER: 04288462)

BALANCE SHEET - continued
31 MARCH 2025


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 28 April 2025 and were signed on its behalf by:





Mr KD Wilderspin - Director


KASPA SIGN PRODUCTS LIMITED (REGISTERED NUMBER: 04288462)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Kaspa Sign Products 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover comprises the fair value of the consideration received or receivable for the provision of goods and services in the ordinary course of the company's activities. Turnover is shown net of value added tax, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured,
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

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 equipment - 10% straight line basis
Office equipment - 25% straight line & reducing balance
Motor vehicles - 25% on 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
A financial instrument is a contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity. Basic financial instruments are initially recognised at transaction price and then subsequently at amortised cost with the exception of equity investments that are initially measured at fair value (being the transaction price excluding any transaction costs) with subsequent measurements at fair value, with changes recognised in profit and loss.

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.


KASPA SIGN PRODUCTS LIMITED (REGISTERED NUMBER: 04288462)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES - continued
Deferred taxation
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension
When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid for that service.

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.

Operating leases
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 10 ) .

KASPA SIGN PRODUCTS LIMITED (REGISTERED NUMBER: 04288462)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. TANGIBLE FIXED ASSETS
Freehold Plant and Office Motor
property equipment equipment vehicles Totals
£    £    £    £    £   
COST
At 1 April 2024 329,354 208,043 48,601 40,805 626,803
Additions - - 541 40,050 40,591
Disposals (164,677 ) - - (27,411 ) (192,088 )
At 31 March 2025 164,677 208,043 49,142 53,444 475,306
DEPRECIATION
At 1 April 2024 - 175,435 46,743 27,443 249,621
Charge for year - 8,760 1,814 6,192 16,766
Eliminated on disposal - - - (22,554 ) (22,554 )
At 31 March 2025 - 184,195 48,557 11,081 243,833
NET BOOK VALUE
At 31 March 2025 164,677 23,848 585 42,363 231,473
At 31 March 2024 329,354 32,608 1,858 13,362 377,182

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 272,415 238,472
Other debtors 11,157 12,530
283,572 251,002

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans 59,497 56,929
Trade creditors 174,065 99,507
Corporation tax 106,943 13,069
Social security and other taxes 35,576 44,573
Other creditors 6,699 6,778
382,780 220,856

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans - 1-2 years 51,627 59,497
Bank loans - 2-5 years - 51,627
51,627 111,124

KASPA SIGN PRODUCTS LIMITED (REGISTERED NUMBER: 04288462)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2025 2024
£    £   
Within one year 9,026 13,366
Between one and five years 3,181 12,040
12,207 25,406

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 111,124 168,053

The loan is secured against the company's freehold property.

10. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 16,699 11,957

Deferred
tax
£   
Balance at 1 April 2024 11,957
Charge to Income Statement during year 4,742
Balance at 31 March 2025 16,699

The provision for deferred taxation is made up of accelerated capital allowances.

11. PENSION COMMITMENTS

The company operates a defined contribution pension scheme, for the employees and directors. The assets of the scheme are held separately from those of the company in independently administered funds. At the balance sheet date there were £856 (2024: £821) of unpaid contributions.

12. RELATED PARTY DISCLOSURES

During the year the company sold a 50% interest in its freehold property to the directors' pension schemes. The profit arising on the sale was £171,767.