SIGNS DIRECT (LINCOLN) LIMITED


Director	NICHOLSON, Julian David


Registered Address	6 York Way
	Bracebridge Heath
	Lincoln
	LN4 2TR


Registered Number	07094966 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		2,136		2,513
			2,136		2,513
Current assets
Debtors	4	2,270		865
Cash at bank and on hand		6,012		10,431
		8,282		11,296
Creditors amounts falling due within one year	5	(7,221)		(6,345)
Net current assets (liabilities)			1,061		4,951
Total assets less current liabilities			3,197		7,464
Creditors amounts falling due after one year	6		(2,121)		(6,289)
Net assets			1,076		1,175
Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			76		175
Shareholders' funds			1,076		1,175

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 27 September 2025, and are signed on its behalf by:

NICHOLSON, Julian David
Director
Registered Company No. 07094966

SIGNS DIRECT (LINCOLN) LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	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).

	Going concern
	These accounts are prepared on a Going Concern basis subject to the continuing support of the director and government guaranteed bounce back facility. This support is continuing at the date of signing the accounts.

	Turnover policy
	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.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	15
	Fixtures and fittings	15
	Office Equipment	25

2.	Average number of employees


		2024		2023
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Plant & machinery	Fixtures & fittings	Total
	£	£	£
Cost or valuation
At 01 January 24	13,186	529	13,715
At 31 December 24	13,186	529	13,715
Depreciation and impairment
At 01 January 24	10,955	247	11,202
Charge for year	335	42	377
At 31 December 24	11,290	289	11,579
Net book value
At 31 December 24	1,896	240	2,136
At 31 December 23	2,231	282	2,513

4.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	1,760	865
Other debtors	510	-
Total	2,270	865


	Other debtors comprise a balance of £510 due from the director (2023: Other creditor of £321). This amount has been repaid within 9 months of the year end.

5.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	178	-
Bank borrowings and overdrafts	4,139	4,019
Taxation and social security	1,543	995
Other creditors	-	321
Accrued liabilities and deferred income	1,361	1,010
Total	7,221	6,345

6.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	2,121	6,289
Total	2,121	6,289