Mv Signa Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 11497891

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		12,542		16,042
Tangible Assets	5		2,348		2,579

			14,890		18,621
CURRENT ASSETS
Stocks	6	1,826		1,740
Debtors	7	24,167		28,946
Cash at bank and in hand		64,443		48,614

		90,436		79,300
Creditors: Amounts Falling Due Within One Year	8	(64,883 )		(80,470 )

NET CURRENT ASSETS (LIABILITIES)			25,553		(1,170 )

TOTAL ASSETS LESS CURRENT LIABILITIES			40,443		17,451

Creditors: Amounts Falling Due After More Than One Year	9		(7,736 )		(15,235 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(446 )		(490 )

NET ASSETS			32,261		1,726

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			32,161		1,626

SHAREHOLDERS' FUNDS			32,261		1,726

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Mv Signa Ltd

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 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 Profit and Loss Account.

On behalf of the board

Mr Martin Duggan

Director

28th August 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Mv Signa Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11497891 . The registered office is Unit 3, Beaumont Court, Prince William Road, Loughborough, LE11 5DA.

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. 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.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are amortised to profit and loss account over its estimated economic life of 10 years.

2.4. 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:

Leasehold	20% Straight Line
Plant & Machinery	20% Straight Line
Fixtures & Fittings	20% Straight Line

2.5. 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.

2.6. 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 year 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.

...CONTINUED

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Mv Signa Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

2.6. Taxation - continued

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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2024	2023
Office and administration	2	2
Manufacturing	3	3

	5	5

4. Intangible Assets

	Other
	£
Cost
As at 1 January 2024	35,000

As at 31 December 2024	35,000

Amortisation
As at 1 January 2024	18,958
Provided during the period	3,500

As at 31 December 2024	22,458

Net Book Value
As at 31 December 2024	12,542

As at 1 January 2024	16,042

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 January 2024	20,182	16,592	4,260	41,034
Additions	-	-	685	685

As at 31 December 2024	20,182	16,592	4,945	41,719

Depreciation
As at 1 January 2024	20,182	16,454	1,819	38,455
Provided during the period	-	69	847	916

As at 31 December 2024	20,182	16,523	2,666	39,371

...CONTINUED

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Mv Signa Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Net Book Value
As at 31 December 2024	-	69	2,279	2,348

As at 1 January 2024	-	138	2,441	2,579

6. Stocks

	2024	2023
	£	£
Stock	1,826	1,740

7. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	24,042	28,821
Other debtors	125	125

	24,167	28,946

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	10,848	7,117
Bank loans and overdrafts	8,000	8,000
Corporation tax	8,262	5,830
Other taxes and social security	2,109	1,234
VAT	7,414	5,340
Other creditors	1,786	1,497
Accruals and deferred income	25,986	25,926
Directors' loan accounts	478	25,526

	64,883	80,470

9. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	7,736	15,235

10. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

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