Impact Sign Services Ltd - Filleted accounts

Registered number

06270483

Impact Sign Services Ltd

Filleted Accounts

31 May 2025

Impact Sign Services Ltd
Registered number:		06270483
Balance Sheet
as at 31 May 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		54,010			31,384

Current assets
Stocks		3,200			3,100
Debtors	5	31,223			67,674
Cash at bank and in hand		5,983			2,301
		40,406			73,075

Creditors: amounts falling due within one year	6	(36,076)			(59,099)

Net current assets			4,330			13,976

Total assets less current liabilities			58,340			45,360

Creditors: amounts falling due after more than one year	7		(27,505)			(5,833)

Provisions for liabilities			(9,704)			(5,333)


Net assets			21,131			34,194

Capital and reserves
Called up share capital			2			2
Profit and loss account			21,129			34,192

Shareholders' funds			21,131			34,194

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Stephen Fern
Director
Approved by the board on 3 September 2025

Impact Sign Services Ltd
Notes to the Accounts
for the year ended 31 May 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold improvements			over 10 years
	Plant and machinery			over 4 & 10 years
	Motor vehicles			over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company, including the directors.					5		4


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 June 2024							25,000
	At 31 May 2025							25,000

	Amortisation
	At 1 June 2024							25,000
	At 31 May 2025							25,000

	Net book value
	At 31 May 2025							-

	Goodwill has been written off in equal annual instalments over its estimated economic life.


4	Tangible fixed assets
		Leasehold Improvements		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 June 2024	3,813		31,552		70,746		106,111
	Additions	-		-		40,800		40,800
	Disposals	-		-		(49,675)		(49,675)
	At 31 May 2025	3,813		31,552		61,871		97,236

	Depreciation
	At 1 June 2024	498		20,981		53,248		74,727
	Charge for the year	381		1,804		1,491		3,676
	On disposals	-		-		(35,177)		(35,177)
	At 31 May 2025	879		22,785		19,562		43,226

	Net book value
	At 31 May 2025	2,934		8,767		42,309		54,010
	At 31 May 2024	3,315		10,571		17,498		31,384


5	Debtors					2025		2024
£							£

	Trade debtors					22,408		57,315
	Other debtors					8,815		10,359
						31,223		67,674


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					10,760		5,534
	Trade creditors					10,189		21,416
	Taxation and social security costs					8,268		25,383
	Other creditors					6,859		6,766
						36,076		59,099


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					27,505		5,833


8	Other information

	Impact Sign Services Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	8 Blue Barns Business Park
	Old Ipswich Road, Ardleigh
	Colchester
	Essex
	CO7 7FX