REGISTERED NUMBER: 03637488 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

DIRECT SIGNS (UK) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs E A Glenn

REGISTERED OFFICE:

Unit 6 Venture Court

Dodwells Bridge Ind Estate

Hinckley

Leicestershire

LE10 3BT

REGISTERED NUMBER:

03637488 (England and Wales)

ACCOUNTANTS:

Armstrongs Bishop Simmons

Chartered Accountants and Tax Advisors

Gethin House

36 Bond Street

Nuneaton

Warwickshire

CV11 4DA

FIXED ASSETS

Tangible assets

4

82,851

103,563

CURRENT ASSETS

Stocks

39,865

35,628

Debtors

5

147,099

211,031

Cash at bank and in hand

15,099

12,857

202,063

259,516

CREDITORS

Amounts falling due within one year

6

230,685

147,589

NET CURRENT (LIABILITIES)/ASSETS

(28,622

)

111,927

TOTAL ASSETS LESS CURRENT LIABILITIES

54,229

215,490

CREDITORS

Amounts falling due after more than one year

7

-

(183,972

)

PROVISIONS FOR LIABILITIES

(20,664

)

(25,830

)

NET ASSETS

33,565

5,688

CAPITAL AND RESERVES

Called up share capital

8

1,200

1,200

Retained earnings

32,365

4,488

SHAREHOLDERS' FUNDS

33,565

5,688

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

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

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 October 2025 and were signed by:

Mrs E A Glenn - Director

1.	STATUTORY INFORMATION

Direct Signs (UK) Limited 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold

-

20% on reducing balance

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

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 9 (2023 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Long

Plant and

Motor

leasehold

machinery

vehicles

Totals

£

£

£

£

COST

At 1 January 2024

and 31 December 2024

31,105

434,422

15,890

481,417

DEPRECIATION

At 1 January 2024

30,862

331,661

15,331

377,854

Charge for year

48

20,552

112

20,712

At 31 December 2024

30,910

352,213

15,443

398,566

NET BOOK VALUE

At 31 December 2024

195

82,209

447

82,851

At 31 December 2023

243

102,761

559

103,563

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

87,827

100,555

Amounts owed by group undertakings

50,751

55,199

Other Debtors

-

23,200

Directors' current accounts

-

9,607

Prepayments

8,521

22,470

147,099

211,031

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

-

17,130

Hire purchase contracts

17,800

18,612

Trade creditors

40,205

35,011

Corporation tax

10,559

12,713

Social security and other taxes

5,343

16,811

Pension

768

721

VAT

29,237

37,380

Other creditors

9,400

3,600

Credit card

200

1,012

Directors' current accounts

109,541

-

Accrued expenses

7,632

4,599

230,685

147,589

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 2-5 years

-

166,172

Hire purchase contracts

-

17,800

-

183,972

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1,000

Ordinary Shares

1

1,000

1,000

100

Ordinary A

£1

100

100

100

Ordinary B

£1

100

100

1,200

1,200