Acorah Software Products - Accounts Production 16.3.350 false true true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 06754012 Mr Graeme Hoole Mr Anthony Lowe iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06754012 2023-11-30 06754012 2024-11-30 06754012 2023-12-01 2024-11-30 06754012 frs-core:CurrentFinancialInstruments 2024-11-30 06754012 frs-core:Non-currentFinancialInstruments 2024-11-30 06754012 frs-core:BetweenOneFiveYears 2024-11-30 06754012 frs-core:ComputerEquipment 2024-11-30 06754012 frs-core:ComputerEquipment 2023-12-01 2024-11-30 06754012 frs-core:ComputerEquipment 2023-11-30 06754012 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-01 2024-11-30 06754012 frs-core:FurnitureFittings 2024-11-30 06754012 frs-core:FurnitureFittings 2023-12-01 2024-11-30 06754012 frs-core:FurnitureFittings 2023-11-30 06754012 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-30 06754012 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 06754012 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 06754012 frs-core:MotorVehicles 2024-11-30 06754012 frs-core:MotorVehicles 2023-12-01 2024-11-30 06754012 frs-core:MotorVehicles 2023-11-30 06754012 frs-core:OtherResidualIntangibleAssets 2024-11-30 06754012 frs-core:OtherResidualIntangibleAssets 2023-12-01 2024-11-30 06754012 frs-core:OtherResidualIntangibleAssets 2023-11-30 06754012 frs-core:PlantMachinery 2024-11-30 06754012 frs-core:PlantMachinery 2023-12-01 2024-11-30 06754012 frs-core:PlantMachinery 2023-11-30 06754012 frs-core:WithinOneYear 2024-11-30 06754012 frs-core:ShareCapital 2024-11-30 06754012 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 06754012 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 06754012 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 06754012 frs-bus:SmallEntities 2023-12-01 2024-11-30 06754012 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 06754012 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 06754012 frs-bus:Director1 2023-12-01 2024-11-30 06754012 frs-bus:Director2 2023-12-01 2024-11-30 06754012 frs-countries:EnglandWales 2023-12-01 2024-11-30 06754012 2022-11-30 06754012 2023-11-30 06754012 2022-12-01 2023-11-30 06754012 frs-core:CurrentFinancialInstruments 2023-11-30 06754012 frs-core:Non-currentFinancialInstruments 2023-11-30 06754012 frs-core:BetweenOneFiveYears 2023-11-30 06754012 frs-core:WithinOneYear 2023-11-30 06754012 frs-core:ShareCapital 2023-11-30 06754012 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 06754012
The Sign Group Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—7
Page 1
Statement of Financial Position
Registered number: 06754012
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1,449 2,105
Tangible Assets 5 122,280 135,531
123,729 137,636
CURRENT ASSETS
Stocks 6 75,400 67,800
Debtors 7 415,828 418,175
Cash at bank and in hand 339,781 224,068
831,009 710,043
Creditors: Amounts Falling Due Within One Year 8 (536,762 ) (457,403 )
NET CURRENT ASSETS (LIABILITIES) 294,247 252,640
TOTAL ASSETS LESS CURRENT LIABILITIES 417,976 390,276
Creditors: Amounts Falling Due After More Than One Year 9 (17,005 ) (144,772 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (22,685 ) (30,091 )
NET ASSETS 378,286 215,413
CAPITAL AND RESERVES
Called up share capital 12 100 100
Income Statement 378,186 215,313
SHAREHOLDERS' FUNDS 378,286 215,413
Page 1
Page 2
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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr Graeme Hoole
Director
13 June 2025
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Sign Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06754012 . The registered office is Unit 3 Maple Park, Lowfields Avenue, Leeds, LS12 6HH.
The company name was changed during the accounting period from GA Sings Limited to The Sign Group Limited.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
When preparing the financial statements, the directors have made an assessment of the company's ability to continue as a going concern. The company is considered a going concern as the directors have no intention to liquidate the company or to cease trading. In assessing whether the going concern assumption is appropriate, the directors have taken into account all available information about the future, which is at least, but is not limited to, twelve months from the date when the financial statements are authorised for issue.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other Intangible Assets are patents and licences. They are amortised to income statement over estimated economic life of 5 years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 10% on cost
Plant & Machinery 10% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on reducing balance
2.6. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to income statement as incurred.
2.7. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.8. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.9. Government Grant
Government grants are recognised in the income statement in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 34 (2023: 36)
34 36
4. Intangible Assets
Other
£
Cost
As at 1 December 2023 11,124
As at 30 November 2024 11,124
Amortisation
As at 1 December 2023 9,019
Provided during the period 656
As at 30 November 2024 9,675
Net Book Value
As at 30 November 2024 1,449
As at 1 December 2023 2,105
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Page 5
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 December 2023 25,854 256,179 4,495 -
Additions - - - 8,081
Disposals - (59,117 ) (4,495 ) -
As at 30 November 2024 25,854 197,062 - 8,081
Depreciation
As at 1 December 2023 14,627 142,571 4,438 -
Provided during the period 2,585 11,361 14 1,202
Disposals - (46,197 ) (4,452 ) -
As at 30 November 2024 17,212 107,735 - 1,202
Net Book Value
As at 30 November 2024 8,642 89,327 - 6,879
As at 1 December 2023 11,227 113,608 57 -
Computer Equipment Total
£ £
Cost
As at 1 December 2023 32,407 318,935
Additions 10,946 19,027
Disposals (12,863 ) (76,475 )
As at 30 November 2024 30,490 261,487
Depreciation
As at 1 December 2023 21,768 183,404
Provided during the period 3,792 18,954
Disposals (12,502 ) (63,151 )
As at 30 November 2024 13,058 139,207
Net Book Value
As at 30 November 2024 17,432 122,280
As at 1 December 2023 10,639 135,531
6. Stocks
2024 2023
£ £
Stock 75,400 67,800
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Page 6
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 203,263 217,489
Amounts owed by group undertakings 164,881 180,481
Other debtors 47,684 20,205
415,828 418,175
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 12,267 11,669
Trade creditors 153,071 161,910
Bank loans and overdrafts 107,670 96,364
Other creditors 29,771 57,787
Taxation and social security 233,983 129,673
536,762 457,403
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 13,307 25,552
Bank loans 3,698 119,220
17,005 144,772
10. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Bank loans and overdrafts 111,368 215,584
11. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 12,267 11,669
Later than one year and not later than five years 13,307 25,552
25,574 37,221
25,574 37,221
12. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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13. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 97,078 97,078
Later than one year and not later than five years 208,876 305,954
305,954 403,032
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