IRIS Accounts Production v25.1.3.33 00556959 Board of Directors Board of Directors 1.1.24 31.12.24 31.12.24 Medium entities the manufacture and sale of signs. true true false true true false false true false These accounts have been prepared in accordance with the provisions applicable to companies subject to the medium-sized companies regime. 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REGISTERED NUMBER: 00556959 (England and Wales)










STRATEGIC REPORT, REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

STOCKSIGNS LIMITED

STOCKSIGNS LIMITED (REGISTERED NUMBER: 00556959)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Strategic Report 2

Report of the Directors 3

Report of the Independent Auditors 4

Income Statement 6

Other Comprehensive Income 7

Balance Sheet 8

Statement of Changes in Equity 9

Notes to the Financial Statements 10


STOCKSIGNS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: G S Pitt
J B Leathers
D J Adamson





REGISTERED OFFICE: 43-47 Ormside Way
Holmthorpe Industrial Estate
Redhill
Surrey
RH1 2LG





REGISTERED NUMBER: 00556959 (England and Wales)





AUDITORS: Collards, Chartered Accountants
Registered Auditors
5-9 Eden Street
Kingston-upon-Thames
Surrey
KT1 1BQ

STOCKSIGNS LIMITED (REGISTERED NUMBER: 00556959)

STRATEGIC REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024

The directors present their strategic report for the year ended 31 December 2024.

REVIEW OF BUSINESS
The principle activity of the company during the year was that of manufacturer and seller of signs.

Stocksigns was formed on 7th November 1955 and has now been making signs for over 67 years. The Company has a number of different product ranges:

1. A range of over 30,000 health and safety signs available for next day delivery;
2. A range of print on demand temporary signage for the construction industry;
3. Bespoke custom made signs which are printed to the customer's requirements.

Stocksigns continues to refocus its business on its core competencies of health and safety signage. We continue to focus on exceptional personal service and quality which has resulted in a high level of repeat business, a high customer satisfaction and a 5 Star Trust Pilot Score.

Stocksigns resolute focus on quality is supported in part by the accredited ISO: 9001 Quality Management system. The management team are incredibly proud of the service they deliver and this has been widely acknowledged by key customers. The Quality Management ISO is complimented by the ISO:14001 Environmental Management Systems and the ISO:45001 Health and Safety Standard.

Stocksigns continues to embrace a proactive ESG positioning, one which is reaping benefits in terms of attracting new customers, but also retaining staff and driving productivity. Stocksigns have already achieved carbon neutrality and are striving for net zero by 2030.

PRINCIPAL RISKS AND UNCERTAINTIES
The Board is responsible for carrying out an assessment of the principle risks affecting Stocksigns Limited in order to preserve the value, assets and reputation of the company. The key risks are set out below:

1. Economic Risk
The company is exposed to the UK economy, including uncertainties over Ukraine/ Russia conflict and inflationary pressures. These factors have had an impact on the company's performance as well as customers and suppliers.

2. Customer Risk
Competitive pressures are making customers look at lowest cost suppliers making the market highly competitive. The Company continues to progress in this highly competitive marketplace with a focus on quality and customer service.

Providing credit to customers can lead to the risk of non-payment. The company has a rigorous checking process to minimise this risk. The company has a large number of customers and is not over-reliant on one, which also helps reduce the risk of significant bad debts.

3. Financial Risk
The Company finances are supported by its holding company, British and Foreign Wharf Company Limited, who have guaranteed the overdraft facility and have confirmed their support for the foreseeable future.

4. Property Risk
The market value of the property can vary as a result of changes to economic conditions.

ON BEHALF OF THE BOARD:





D J Adamson - Director


24 April 2025

STOCKSIGNS LIMITED (REGISTERED NUMBER: 00556959)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31 DECEMBER 2024

The directors present their report with the financial statements of the company for the year ended 31 December 2024.

DIVIDENDS
No dividends will be distributed for the year ended 31 December 2024.

DIRECTORS
The following directors who served during the year were:

G S Pitt
J B Leathers
D J Adamson

FINANCIAL INSTRUMENTS
The entity's financial instruments and risk management policies and objectives are set out in the Group accounts of the Holding Company.

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS
The auditors, Collards, Chartered Accountants, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:





D J Adamson - Director


24 April 2025

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
STOCKSIGNS LIMITED

Opinion
We have audited the financial statements of Stocksigns Limited (the 'company') for the year ended 31 December 2024 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
-give a true and fair view of the state of the company's affairs as at 31 December 2024 and of its profit for the year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information
The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
STOCKSIGNS LIMITED


Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page three, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We gained an understanding of the legal and regulatory framework applicable to the company and the industry in which it operates and, considered the risk of acts by Management which were contrary to applicable laws and regulations, including fraud. We made enquiries of the Directors to obtain further understanding of risks of non-compliance.

We focused on laws and regulations that could give rise to a material misstatement in the financial statements. Our tests included, but were not limited to:

- agreement of the financial statement disclosures to underlying supporting documentation;
- enquiries of management regarding known or suspected instances of non-compliance with laws and regulations;
- review of minutes of the Board meetings throughout the year; and
- obtaining an understanding of the control environment in place to prevent and detect irregularities.

Our audit procedures were designed to respond to risks of material misstatement in the financial statements, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery, misrepresentations or through collusion. There are inherent limitations in the audit procedures performed and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we are to become aware of it.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.




Christopher Julian Brigstocke FCA (Senior Statutory Auditor)
for and on behalf of Collards, Chartered Accountants
Registered Auditors
5-9 Eden Street
Kingston-upon-Thames
Surrey
KT1 1BQ

24 April 2025

STOCKSIGNS LIMITED (REGISTERED NUMBER: 00556959)

INCOME STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2024

2024 2023
Notes £    £    £   

TURNOVER 1,919,749 1,932,147

Cost of sales 1,059,384 1,102,777
GROSS PROFIT 860,365 829,370

Distribution costs 393,896 375,436
Administrative expenses 526,830 533,887
920,726 909,323
(60,361 ) (79,953 )

Other operating income 207,649 203,840
OPERATING PROFIT 4 147,288 123,887

Interest receivable and similar income 5 1,723 381
149,011 124,268

Interest payable and similar expenses 6 16,938 9,097
PROFIT BEFORE TAXATION 132,073 115,171

Tax on profit 7 46,275 19,565
PROFIT FOR THE FINANCIAL YEAR 85,798 95,606

STOCKSIGNS LIMITED (REGISTERED NUMBER: 00556959)

OTHER COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 DECEMBER 2024

2024 2023
Notes £    £   

PROFIT FOR THE YEAR 85,798 95,606


OTHER COMPREHENSIVE INCOME
Revaluation of property 1,572,674 -
Income tax relating to other comprehensive
income

(393,168

)

-
OTHER COMPREHENSIVE INCOME FOR
THE YEAR, NET OF INCOME TAX

1,179,506

-
TOTAL COMPREHENSIVE INCOME FOR
THE YEAR

1,265,304

95,606

STOCKSIGNS LIMITED (REGISTERED NUMBER: 00556959)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 8 5,310,538 3,712,113
Investments 9 463,903 463,903
5,774,441 4,176,016

CURRENT ASSETS
Stocks 10 417,250 453,388
Debtors 11 1,546,414 1,131,124
Cash at bank 89,942 88,715
2,053,606 1,673,227
CREDITORS
Amounts falling due within one year 12 2,623,061 2,361,034
NET CURRENT LIABILITIES (569,455 ) (687,807 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,204,986

3,488,209

CREDITORS
Amounts falling due after more than one year 13 (215,518 ) (195,730 )

PROVISIONS FOR LIABILITIES 15 (565,383 ) (133,698 )
NET ASSETS 4,424,085 3,158,781

CAPITAL AND RESERVES
Called up share capital 16 92,722 92,722
Revaluation reserve 17 876,851 876,851
Capital redemption reserve 17 17,278 17,278
Other reserves 17 1,398,356 218,850
Retained earnings 17 2,038,878 1,953,080
SHAREHOLDERS' FUNDS 4,424,085 3,158,781

The financial statements were approved by the Board of Directors and authorised for issue on 24 April 2025 and were signed on its behalf by:




D J Adamson - Director



G S Pitt - Director


STOCKSIGNS LIMITED (REGISTERED NUMBER: 00556959)

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2024

Called up
share Retained Revaluation
capital earnings reserve
£    £    £   
Balance at 1 January 2023 92,722 1,857,474 876,851

Changes in equity
Profit for the year - 95,606 -
Total comprehensive income - 95,606 -
Balance at 31 December 2023 92,722 1,953,080 876,851

Changes in equity
Profit for the year - 85,798 -
Other comprehensive income - - -
Total comprehensive income - 85,798 -
Balance at 31 December 2024 92,722 2,038,878 876,851
Capital
redemption Other Total
reserve reserves equity
£    £    £   
Balance at 1 January 2023 17,278 218,850 3,063,175

Changes in equity
Profit for the year - - 95,606
Total comprehensive income - - 95,606
Balance at 31 December 2023 17,278 218,850 3,158,781

Changes in equity
Profit for the year - - 85,798
Other comprehensive income - 1,179,506 1,179,506
Total comprehensive income - 1,179,506 1,265,304
Balance at 31 December 2024 17,278 1,398,356 4,424,085

STOCKSIGNS LIMITED (REGISTERED NUMBER: 00556959)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Stocksigns 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.

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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Financial Reporting Standard 102 - reduced disclosure exemptions
The company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

the requirements of Section 7 Statement of Cash Flows.

Preparation of consolidated financial statements
The financial statements contain information about Stocksigns Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, British and Foreign Wharf Company Limited.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover comprises the invoiced value of goods supplied to customers net of Value Added Tax, adjusted for work in progress and uninvoiced sales which are recognised to the extent that they are due at the balance sheet date.
The turnover and pre-tax profit are wholly attributable to the company's main activity. A geographical analysis of turnover is not disclosed in these accounts.

Tangible fixed assets
Depreciation has been computed to write off the costs of property,plant and equipment over their useful lives using the following rates:

Freehold buildings - over 50 years from 1 January 2001
Short leasehold property - over term of lease
Motor vehicles - 25% per annum
Plant and machinery - 12.5% and 15% per annum (factory)
- 20% to 50% per annum (computers)
Fixtures and fittings - 15% to 25% per annum
Office equipment -16.67% per annum

The Freehold properties have been included at Fair Value in accordance with Financial Reporting Standard 102.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


STOCKSIGNS LIMITED (REGISTERED NUMBER: 00556959)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued
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.

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 written off to reserves.

Pension costs and other post-retirement benefits
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.

Government grants
Income from government and other grants, including the Corona Virus Job Retention Scheme Grant, whether 'capital' grants or 'revenue' grants is recognised when the Group has entitlement to those funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

3. EMPLOYEES AND DIRECTORS
2024 2023
£    £   
Wages and salaries 711,523 712,123
Social security costs 67,905 67,307
Other pension costs 47,395 47,752
826,823 827,182

The average number of employees during the year was as follows:
2024 2023

Office and administration 4 5
Sales and marketing 10 10
Production 7 11
21 26

2024 2023
£    £   
Directors' remuneration 78,745 70,978
Directors' pension contributions to money purchase schemes 6,160 6,743

The number of directors to whom retirement benefits were accruing was as follows:

Money purchase schemes 1 1

STOCKSIGNS LIMITED (REGISTERED NUMBER: 00556959)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

4. OPERATING PROFIT

The operating profit is stated after charging/(crediting):

2024 2023
£    £   
Depreciation - owned assets 140,607 105,499
Loss/(profit) on disposal of fixed assets 3,099 (23,500 )
Auditors' remuneration 12,000 15,540
Foreign exchange differences (67 ) 344

5. INTEREST RECEIVABLE AND SIMILAR INCOME
2024 2023
£    £   
Interest receivable 1,723 381

6. INTEREST PAYABLE AND SIMILAR EXPENSES
2024 2023
£    £   
Loan 16,938 9,097

7. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
2024 2023
£    £   
Current tax:
UK corporation tax 35,535 (3,651 )
Prior year tax (27,777 ) -
Group tax charge - (31,952 )
Total current tax 7,758 (35,603 )

Deferred tax 38,517 55,168
Tax on profit 46,275 19,565

Reconciliation of total tax charge included in profit and loss
The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The difference is explained below:

2024 2023
£    £   
Profit before tax 132,073 115,171
Profit multiplied by the standard rate of corporation tax in the UK of 25% (2023 -
23.500%)

33,018

27,065

Effects of:
Expenses not deductible for tax purposes - 1,312
Capital allowances in excess of depreciation - (54,806 )
Depreciation in excess of capital allowances 1,742 -
Adjustments to tax charge in respect of previous periods (27,777 ) (3,651 )
Deferred tax 38,517 55,168
Profit on disposal of assets 775 (5,523 )

Total tax charge 46,275 19,565

STOCKSIGNS LIMITED (REGISTERED NUMBER: 00556959)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

7. TAXATION - continued

Tax effects relating to effects of other comprehensive income

2024
Gross Tax Net
£    £    £   
Revaluation of property 1,572,674 (393,168 ) 1,179,506

8. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST OR VALUATION
At 1 January 2024 3,943,098 794,227 379,013
Additions 2,796 126,002 3,485
Revaluations 1,572,674 - -
At 31 December 2024 5,518,568 920,229 382,498
DEPRECIATION
At 1 January 2024 613,754 517,997 284,201
Charge for year 38,563 68,261 23,903
Eliminated on disposal - (31,818 ) -
At 31 December 2024 652,317 554,440 308,104
NET BOOK VALUE
At 31 December 2024 4,866,251 365,789 74,394
At 31 December 2023 3,329,344 276,230 94,812

Motor Computer
vehicles equipment Totals
£    £    £   
COST OR VALUATION
At 1 January 2024 10,949 242,660 5,369,947
Additions - 2,257 134,540
Revaluations - - 1,572,674
At 31 December 2024 10,949 244,917 7,077,161
DEPRECIATION
At 1 January 2024 9,352 232,530 1,657,834
Charge for year 1,597 8,283 140,607
Eliminated on disposal - - (31,818 )
At 31 December 2024 10,949 240,813 1,766,623
NET BOOK VALUE
At 31 December 2024 - 4,104 5,310,538
At 31 December 2023 1,597 10,130 3,712,113

The freehold properties shown above include land and buildings shown at fair value. The properties were valued in December 2024 by Graves Jenkins. The results of the valuation indicated a material change in the value from the previous year which has been reflected above.

STOCKSIGNS LIMITED (REGISTERED NUMBER: 00556959)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

8. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 31 December 2024 is represented by:

Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
Valuation in 2016 233,885 - -
Valuation in 2017 775,024 - -
Valuation in 2018 (686,063 ) - -
Valuation in 2025 1,572,674 - -
Cost 3,623,048 920,229 382,498
5,518,568 920,229 382,498

Motor Computer
vehicles equipment Totals
£    £    £   
Valuation in 2016 - - 233,885
Valuation in 2017 - - 775,024
Valuation in 2018 - - (686,063 )
Valuation in 2025 - - 1,572,674
Cost 10,949 244,917 5,181,641
10,949 244,917 7,077,161

9. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2024
and 31 December 2024 463,903
NET BOOK VALUE
At 31 December 2024 463,903
At 31 December 2023 463,903

The company's investments at the Balance Sheet date in the share capital of companies include the following:


Burnham Signs Limited
Registered office: United Kingdom
Nature of business: Manufacture and sale of bespoke signs
%
Class of shares: holding
Ordinary Shares 100.00
2024 2023
£    £   
Aggregate capital and reserves 140,709 132,871
Profit for the year 7,838 54,406

STOCKSIGNS LIMITED (REGISTERED NUMBER: 00556959)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

9. FIXED ASSET INVESTMENTS - continued

Messagemaker Displays Limited
Registered office: United Kingdom
Nature of business: Sale of electronic message systems
%
Class of shares: holding
Ordinary 100.00
2024 2023
£    £   
Aggregate capital and reserves (502,259 ) (569,638 )
Profit/(loss) for the year 67,487 (48,258 )

From 1st October 2016 Stocksigns Limited accounts for the assets and liabilities of Messagemaker Displays Limited as the accounts of the two companies have been merged. The trading operations and the liabilities that remain legally those of Messagemaker Displays Limited are detailed in their own financial statements.

First Call Signs Limited
Registered office: United Kingdom
Nature of business: Non Trading
%
Class of shares: holding
Ordinary Shares 100.00
2024 2023
£    £   
Aggregate capital and reserves 1 1

Messagemaker Limited
Registered office: United Kingdom
Nature of business: Non Trading
%
Class of shares: holding
Ordinary 100.00
2024 2023
£    £   
Aggregate capital and reserves 1 1

10. STOCKS
2024 2023
£    £   
Raw materials 50,283 53,607
Finished goods 366,967 399,781
417,250 453,388

11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 925,225 381,944
Amounts owed by group undertakings 523,696 620,127
Other debtors 11,947 54,844
Prepayments and accrued income 85,546 74,209
1,546,414 1,131,124

STOCKSIGNS LIMITED (REGISTERED NUMBER: 00556959)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 14) 1,516,045 1,403,567
Other loans (see note 14) 71,601 55,029
Trade creditors 110,630 22,182
Amounts owed to group undertakings 517,985 543,515
Tax 35,535 -
Social security and other taxes 150,193 109,619
Other creditors 80,624 63,038
Accruals and deferred income 140,448 164,084
2,623,061 2,361,034

Included in Accruals and deferred income is £10,007 (2023 - £14,582) of warranty provision against completed work, billed and paid by customers. The warranty covers repair and maintenance of the signs sold.

13. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other loans (see note 14) 215,518 195,730

14. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 1,516,045 1,403,567
Other loans 71,601 55,029
1,587,646 1,458,596

Amounts falling due between one and two years:
Other loans - 1-2 years 75,995 58,404

Amounts falling due between two and five years:
Other loans - 2-5 years 139,523 137,326

15. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 110,874 72,357
Revaluation of freehold 454,509 61,341
565,383 133,698

Deferred
tax
£   
Balance at 1 January 2024 133,698
Accelerated capital allowances 38,517
Revaluation of properties 393,168
Balance at 31 December 2024 565,383

STOCKSIGNS LIMITED (REGISTERED NUMBER: 00556959)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

16. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
39,874 Ordinary £1 39,874 39,874
52,848 Ordinary A £1 52,848 52,848
92,722 92,722

17. RESERVES
Capital
Retained Revaluation redemption Other
earnings reserve reserve reserves Totals
£    £    £    £    £   

At 1 January 2024 1,953,080 876,851 17,278 218,850 3,066,059
Profit for the year 85,798 85,798
Revaluation of Properties - - - 1,179,506 1,179,506
At 31 December 2024 2,038,878 876,851 17,278 1,398,356 4,331,363

18. PENSION COMMITMENTS

The company operates a defined contribution pension scheme for its employees. The assets of the scheme are held as individual employee funds and the charge in the accounts represents the amounts payable during the year.

19. ULTIMATE PARENT COMPANY

The company is a wholly owned subsidiary of British & Foreign Wharf Company Limited, a company incorporated in England and Wales.

20. CAPITAL COMMITMENTS
2024 2023
£    £   
Contracted but not provided for in the
financial statements - 18,000