Company Registration No. 04264518 (England and Wales)
Significant Signs Limited
Unaudited accounts
for the year ended 30 September 2024
Significant Signs Limited
Unaudited accounts
Contents
Significant Signs Limited
Company Information
for the year ended 30 September 2024
Director
Frachard James Tuggle
Company Number
04264518 (England and Wales)
Registered Office
Unit 2 Forresters Business Park
Estover Close Estover
Plymouth
Devon
PL6 7PL
Accountants
Blackwell Bate Ltd
Brunel Court
122 Fore Street
Saltash
Cornwall
PL12 6JW
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Significant Signs Limited for the year ended 30 September 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Significant Signs Limited for the year ended
30 September 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Significant Signs Limited, as a body, in accordance with the terms of our engagement letter dated 26 February 2024. Our work has been undertaken solely to prepare for your approval the accounts of Significant Signs Limited and state those matters that we have agreed to state to the Board of Directors of Significant Signs Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Significant Signs Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Significant 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 Significant Signs Limited. You consider that Significant 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 Significant 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.
Blackwell Bate Ltd
Chartered Accountants
Brunel Court
122 Fore Street
Saltash
Cornwall
PL12 6JW
13 June 2025
Significant Signs Limited
Statement of financial position
as at 30 September 2024
Tangible assets
175,947
191,385
Cash at bank and in hand
166,395
151,855
Creditors: amounts falling due within one year
(115,410)
(123,298)
Net current assets
155,913
109,324
Total assets less current liabilities
331,860
300,709
Creditors: amounts falling due after more than one year
(18,404)
(28,342)
Provisions for liabilities
Deferred tax
(36,632)
(37,030)
Net assets
276,824
235,337
Called up share capital
143
143
Profit and loss account
276,681
235,194
Shareholders' funds
276,824
235,337
For the year ending 30 September 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 13 June 2025 and were signed on its behalf by
Frachard James Tuggle
Director
Company Registration No. 04264518
Significant Signs Limited
Notes to the Accounts
for the year ended 30 September 2024
Significant Signs Limited is a private company, limited by shares, registered in England and Wales, registration number 04264518. The registered office is Unit 2 Forresters Business Park, Estover Close Estover , Plymouth, Devon, PL6 7PL.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
20% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
5% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 30 September 2024
7,000
At 30 September 2024
7,000
Significant Signs Limited
Notes to the Accounts
for the year ended 30 September 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 October 2023
32,364
496,315
156,770
34,237
719,686
Additions
-
33,528
-
-
33,528
Disposals
-
-
(74,798)
-
(74,798)
At 30 September 2024
32,364
529,843
81,972
34,237
678,416
At 1 October 2023
32,364
390,979
84,731
20,227
528,301
Charge for the year
-
22,336
18,010
700
41,046
On disposals
-
-
(66,878)
-
(66,878)
At 30 September 2024
32,364
413,315
35,863
20,927
502,469
At 30 September 2024
-
116,528
46,109
13,310
175,947
At 30 September 2023
-
105,336
72,039
14,010
191,385
Amounts falling due within one year
Trade debtors
80,174
65,130
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
26,667
Obligations under finance leases and hire purchase contracts
11,537
32,807
Trade creditors
12,904
28,880
Other creditors
80,969
34,944
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
11,737
28,342
9
Average number of employees
During the year the average number of employees was 9 (2023: 9).