REGISTERED NUMBER: 12419081 (England and Wales)

ABC SIGN & PRINT LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr. G S Jones

REGISTERED OFFICE:

Unit B Atlantic Gate

Atlantic Trading Estate

Barry

CF63 3RF

REGISTERED NUMBER:

12419081 (England and Wales)

ACCOUNTANTS:

Carston ETL

Tudor House

16 Cathedral Road

Cardiff

CF11 9LJ

FIXED ASSETS

Intangible assets

4

17,220

19,680

Tangible assets

5

65,896

18,534

83,116

38,214

CURRENT ASSETS

Debtors

6

23,939

11,312

Cash at bank and in hand

78,147

61,364

102,086

72,676

CREDITORS

Amounts falling due within one year

7

120,240

97,078

NET CURRENT LIABILITIES

(18,154

)

(24,402

)

TOTAL ASSETS LESS CURRENT LIABILITIES

64,962

13,812

CREDITORS

Amounts falling due after more than one year

8

4,408

4,408

NET ASSETS

60,554

9,404

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

60,552

9,402

SHAREHOLDERS' FUNDS

60,554

9,404

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 16th September 2025 and were signed by:

Mr. G S Jones - Director

1.	STATUTORY INFORMATION

ABC Sign & Print Ltd 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

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.

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 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st January 2024

and 31st December 2024

24,600

AMORTISATION

At 1st January 2024

4,920

Amortisation for year

2,460

At 31st December 2024

7,380

NET BOOK VALUE

At 31st December 2024

17,220

At 31st December 2023

19,680

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1st January 2024

12,740

11,723

24,463

Additions

64,995

-

64,995

At 31st December 2024

77,735

11,723

89,458

DEPRECIATION

At 1st January 2024

2,548

3,381

5,929

Charge for year

15,547

2,086

17,633

At 31st December 2024

18,095

5,467

23,562

NET BOOK VALUE

At 31st December 2024

59,640

6,256

65,896

At 31st December 2023

10,192

8,342

18,534

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

23,138

10,511

Other debtors

801

801

23,939

11,312

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

14,167

24,167

Trade creditors

58,774

14,376

Taxation and social security

16,752

24,375

Other creditors

30,547

34,160

120,240

97,078

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

4,408

4,408

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

2

Ordinary

£1

2

2

.