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REGISTERED NUMBER: 04975854 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Kemp Signs Limited

Kemp Signs Limited (Registered number: 04975854)






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


Kemp Signs Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mr S Earle
Mrs A Earle





SECRETARY: Mrs A Earle





REGISTERED OFFICE: 32 Shacklewell Lane
Dalston
London
E8 2EZ





REGISTERED NUMBER: 04975854 (England and Wales)





ACCOUNTANTS: BPSL
Brooms Professional Services Limited
Chartered Certified Accountants
Broom House
39/43 London Road
Hadleigh, Benfleet
Essex
SS7 2QL

Kemp Signs Limited (Registered number: 04975854)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 101,156 113,602

CURRENT ASSETS
Stocks 5 27,000 27,000
Debtors 6 12,144 75,707
Cash at bank 23,300 100
62,444 102,807
CREDITORS
Amounts falling due within one year 7 156,543 200,026
NET CURRENT LIABILITIES (94,099 ) (97,219 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,057

16,383

PROVISIONS FOR LIABILITIES 6,622 9,137
NET ASSETS 435 7,246

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (565 ) 6,246
435 7,246

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.

Kemp Signs Limited (Registered number: 04975854)

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 28 March 2025 and were signed on its behalf by:





Mr S Earle - Director


Kemp Signs Limited (Registered number: 04975854)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Kemp Signs Limited (Registered number: 04975854)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 January 2024
and 31 December 2024 63,818 284,498 61,112 97,000 506,428
DEPRECIATION
At 1 January 2024 - 257,886 55,661 79,279 392,826
Charge for year - 6,653 1,363 4,430 12,446
At 31 December 2024 - 264,539 57,024 83,709 405,272
NET BOOK VALUE
At 31 December 2024 63,818 19,959 4,088 13,291 101,156
At 31 December 2023 63,818 26,612 5,451 17,721 113,602

5. STOCKS
31.12.24 31.12.23
£    £   
Stocks 27,000 27,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 10,418 75,707
Directors' current accounts 1,726 -
12,144 75,707

Kemp Signs Limited (Registered number: 04975854)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 25,309 8,059
Hire purchase contracts - 4,335
Trade creditors 49,891 43,982
Tax 24,368 22,761
Social security and other taxes 3,204 4,618
VAT 13,288 26,141
Other creditors 38,733 38,451
Directors' current accounts - 50,029
Accrued expenses 1,750 1,650
156,543 200,026

8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Bank overdrafts 21,050 150
Bank loans 4,259 7,909
Hire purchase contracts - 4,335
25,309 12,394

Within creditors there is £34,666 secured under HP agreements which is secured on the assets to which they relate. (2020:£32,243)