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REGISTERED NUMBER: 04851527 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

THE SIGN DESIGN PARTNERSHIP LIMITED

THE SIGN DESIGN PARTNERSHIP LIMITED (REGISTERED NUMBER: 04851527)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE SIGN DESIGN PARTNERSHIP LIMITED

COMPANY INFORMATION
for the Year Ended 31 August 2024







DIRECTORS: J Wood
J Robinson





SECRETARIES: J Robinson
J Wood





REGISTERED OFFICE: 8 Lonsdale Gardens
Tunbridge Wells
Kent
TN4 9DR





REGISTERED NUMBER: 04851527 (England and Wales)





ACCOUNTANTS: Waight & Company Ltd
Trading as WaightSharnock
8 Lonsdale Gardens
Tunbridge Wells
Kent
TN1 1NU

THE SIGN DESIGN PARTNERSHIP LIMITED (REGISTERED NUMBER: 04851527)

BALANCE SHEET
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,014 4,929

CURRENT ASSETS
Stocks 25,000 25,000
Debtors 5 165,766 150,946
Cash at bank 56,409 36,093
247,175 212,039
CREDITORS
Amounts falling due within one year 6 241,688 198,237
NET CURRENT ASSETS 5,487 13,802
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,501

18,731

CREDITORS
Amounts falling due after more than one year 7 8,220 18,274
NET ASSETS 1,281 457

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,181 357
SHAREHOLDERS' FUNDS 1,281 457

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

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

THE SIGN DESIGN PARTNERSHIP LIMITED (REGISTERED NUMBER: 04851527)

BALANCE SHEET - continued
31 August 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 August 2025 and were signed on its behalf by:





J Wood - Director


THE SIGN DESIGN PARTNERSHIP LIMITED (REGISTERED NUMBER: 04851527)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

The Sign Design Partnership 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.

The directors' will continue to provide financial support for the company so that the company can maintain positive cash flows for the foreseeable future. As a result they have adopted the going concern basis of accounting.

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.
Plant and machinery - 15% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

THE SIGN DESIGN PARTNERSHIP LIMITED (REGISTERED NUMBER: 04851527)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 September 2023
and 31 August 2024 28,008 21,000 49,008
DEPRECIATION
At 1 September 2023 24,831 19,248 44,079
Charge for year 477 438 915
At 31 August 2024 25,308 19,686 44,994
NET BOOK VALUE
At 31 August 2024 2,700 1,314 4,014
At 31 August 2023 3,177 1,752 4,929

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 128,802 107,872
Other debtors 36,964 43,074
165,766 150,946

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors 104,026 116,592
Taxation and social security 115,406 59,346
Other creditors 22,256 22,299
241,688 198,237

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Other creditors 8,220 18,274

THE SIGN DESIGN PARTNERSHIP LIMITED (REGISTERED NUMBER: 04851527)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 August 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

31.8.24 31.8.23
£    £   
J Wood
Balance outstanding at start of year 14,913 15,424
Amounts advanced 49,579 88,091
Amounts repaid (55,690 ) (88,602 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,802 14,913

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £50,172 (2023 - £55,172) were paid to the directors .

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J Wood.