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Company Registration No. 13580253 (England and Wales)
SIGNANCE HOMES LTD Unaudited accounts for the year ended 31 July 2025
SIGNANCE HOMES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SIGNANCE HOMES LTD Company Information for the year ended 31 July 2025
Directors
Gemma Carver Sharron Barlow
Company Number
13580253 (England and Wales)
Registered Office
71 - 75 SHELTON STREET COVENT GARDENS LONDON WC2H 9JQ ENGLAND
Accountants
SM Norman Accountancy Ltd 33 Havisham Close Birchwood Warrington Cheshire WA3 7NB
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SIGNANCE HOMES LTD Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
3,294
4,117
Investment property
160,000
160,000
163,294
164,117
Current assets
Debtors
1,182
761
Cash at bank and in hand
2,713
1,677
3,895
2,438
Creditors: amounts falling due within one year
(3,558)
(3,907)
Net current assets/(liabilities)
337
(1,469)
Total assets less current liabilities
163,631
162,648
Creditors: amounts falling due after more than one year
(145,771)
(148,249)
Provisions for liabilities
Deferred tax
5
(4,421)
(4,421)
Net assets
13,439
9,978
Capital and reserves
Called up share capital
6
2
2
Fair value reserve
18,847
18,847
Profit and loss account
(5,410)
(8,871)
Shareholders' funds
13,439
9,978
For the year ending 31 July 2025 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 7 October 2025 and were signed on its behalf by
Gemma Carver Director Company Registration No. 13580253
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SIGNANCE HOMES LTD Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
SIGNANCE HOMES LTD is a private company, limited by shares, registered in England and Wales, registration number 13580253. The registered office is 71 - 75 SHELTON STREET, COVENT GARDENS, LONDON, WC2H 9JQ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% reducing balance basis
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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SIGNANCE HOMES LTD Notes to the Accounts for the year ended 31 July 2025
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 August 2024
6,352
At 31 July 2025
6,352
Depreciation
At 1 August 2024
2,235
Charge for the year
823
At 31 July 2025
3,058
Net book value
At 31 July 2025
3,294
At 31 July 2024
4,117
5
Deferred taxation
2025
2024
£
£
Revaluation of investment property
4,421
4,421
2025
2024
£
£
Provision at start of year
4,421
2,521
Charged to the profit and loss account
-
1,900
Provision at end of year
4,421
4,421
6
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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