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REGISTERED NUMBER: 08623112 (England and Wales)




UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

EX-SIGNALLING LTD

EX-SIGNALLING LTD (REGISTERED NUMBER: 08623112)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EX-SIGNALLING LTD

COMPANY INFORMATION
for the year ended 31 December 2024







DIRECTORS: Mr M A Bailey
Mr S H Evans





SECRETARY: Mr M A Bailey





REGISTERED OFFICE: 11 Upper Conybere Street
Birmingham
West Midlands
B12 0EB





REGISTERED NUMBER: 08623112 (England and Wales)





ACCOUNTANTS: LDP Luckmans
1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
West Midlands
CV5 6UB

EX-SIGNALLING LTD (REGISTERED NUMBER: 08623112)

BALANCE SHEET
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Investment property 4 945,000 945,000

CURRENT ASSETS
Debtors 5 57,203 57,203
Cash at bank 24,690 29,664
81,893 86,867
CREDITORS
Amounts falling due within one year 6 53,948 53,319
NET CURRENT ASSETS 27,945 33,548
TOTAL ASSETS LESS CURRENT
LIABILITIES

972,945

978,548

CREDITORS
Amounts falling due after more than one
year

7

(259,420

)

(312,731

)

PROVISIONS FOR LIABILITIES 10 (45,534 ) (45,534 )
NET ASSETS 667,991 620,283

CAPITAL AND RESERVES
Called up share capital 11 20 20
Fair value reserve 12 204,936 204,936
Retained earnings 463,035 415,327
SHAREHOLDERS' FUNDS 667,991 620,283

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

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

EX-SIGNALLING LTD (REGISTERED NUMBER: 08623112)

BALANCE SHEET - continued
31 December 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 3 June 2025 and were signed on its behalf by:





Mr M A Bailey - Director


EX-SIGNALLING LTD (REGISTERED NUMBER: 08623112)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2024

1. STATUTORY INFORMATION

Ex-Signalling Ltd 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 as modified by the revaluation of certain assets.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or 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.

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.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024
and 31 December 2024 945,000
NET BOOK VALUE
At 31 December 2024 945,000
At 31 December 2023 945,000

EX-SIGNALLING LTD (REGISTERED NUMBER: 08623112)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2024

4. INVESTMENT PROPERTY - continued

The investment property was professionally valued on 5th May 2022 by Lambert Smith Hampton.

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2016 48,450
Valuation in 2022 202,020
Cost 694,530
945,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 57,203 57,203

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 8) 27,954 27,954
Amounts owed to group undertakings 5,969 5,969
Tax 14,650 13,822
Other creditors 3,984 4,249
Accrued expenses 1,391 1,325
53,948 53,319

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 8) 259,420 312,731

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 147,605 200,916

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 27,954 27,954

Amounts falling due between one and two years:
Bank loans - 1-2 years 27,954 27,954

EX-SIGNALLING LTD (REGISTERED NUMBER: 08623112)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2024

8. LOANS - continued
2024 2023
£    £   
Amounts falling due between two and five years:
Bank loans - 2-5 years 83,861 83,861

Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 147,605 200,916

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 287,374 340,685

Bank loans are secured by way of a fixed charge over the Investment property.

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 45,534 45,534

Deferred
tax
£   
Balance at 1 January 2024 45,534
Balance at 31 December 2024 45,534

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
20 Ordinary £1 20 20

12. RESERVES
Fair
value
reserve
£   
At 1 January 2024
and 31 December 2024 204,936