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Company registration number: SC201673
Sign Systems (Scotland) Limited
Unaudited filleted abridged financial statements
28 February 2025
Sign Systems (Scotland) Limited
Contents
Directors and other information
Accountants report
Abridged statement of financial position
Notes to the financial statements
Sign Systems (Scotland) Limited
Directors and other information

| Directors |
|  | June Nikolic
|  | Sean Nikolic
| Secretary | Mrs J Nikolic
| Company number | SC201673
| Registered office | Unit E, Newark Road South
|  | Glenrothes
|  | KY7 4NS
| Accountants | Paterson Boyd & Co
|  | Chartered Certified Accountants
|  | 18 North Street
|  | Glenrothes
|  | Fife
|  | KY7 5NA

Sign Systems (Scotland) Limited
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Sign Systems (Scotland) Limited
Year ended 28 February 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Sign Systems (Scotland) Limited for the year ended 28 February 2025 which comprise the abridged statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of ICAS , we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.
This report is made solely to the board of directors of Sign Systems (Scotland) Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Sign Systems (Scotland) Limited and state those matters that we have agreed to state to the board of directors of Sign Systems (Scotland) Limited as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sign Systems (Scotland) Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Sign Systems (Scotland) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Sign Systems (Scotland) Limited. You consider that Sign Systems (Scotland) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Sign Systems (Scotland) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Paterson Boyd & Co
Chartered Certified Accountants
18 North Street
Glenrothes
Fife
KY7 5NA
22 October 2025
Sign Systems (Scotland) Limited
Abridged statement of financial position
28 February 2025

|  |  | 2025 |  |  |  | 2024 |  |
|  | Note | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |  |
Tangible assets |  | 5 | 2,027 |  |  |  | 2,634 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  |  |  | 2,027 |  |  |  | 2,634
Current assets |  |  |  |  |  |  |  |  |
Stocks |  |  | 10,000 |  |  |  | 10,000 |  |
Debtors |  |  | 385,196 |  |  |  | 371,622 |  |
Cash at bank and in hand |  |  | 361,739 |  |  |  | 313,073 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  | 756,935 |  |  |  | 694,695 |  |
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
within one year |  |  | ( 102,976) |  |  |  | ( 103,312) |  |
|  |  | _______ |  |  |  | _______ |  |
Net current assets |  |  |  |  | 653,959 |  |  |  | 591,383
|  |  |  |  | _______ |  |  |  | _______
Total assets less current liabilities |  |  |  |  | 655,986 |  |  |  | 594,017
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
after more than one year |  |  |  |  | ( 3,334) |  |  |  | ( 13,333)
Provisions for liabilities |  |  |  |  | ( 507) |  |  |  | ( 500)
|  |  |  |  | _______ |  |  |  | _______
Net assets |  |  |  |  | 652,145 |  |  |  | 580,184
|  |  |  |  | _______ |  |  |  | _______
Capital and reserves |  |  |  |  |  |  |  |  |
Called up share capital |  |  |  |  | 2 |  |  |  | 2
Profit and loss account |  |  |  |  | 652,143 |  |  |  | 580,182
|  |  |  |  | _______ |  |  |  | _______
Shareholders funds |  |  |  |  | 652,145 |  |  |  | 580,184
|  |  |  |  | _______ |  |  |  | _______

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.
All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the current year ending 28 February 2025 in accordance with Section 444(2A) of the Companies Act 2006.
These financial statements were approved by the board of directors and authorised for issue on 22 October 2025 , and are signed on behalf of the board by:
Sean Nikolic
Director
Company registration number: SC201673
Sign Systems (Scotland) Limited
Notes to the financial statements
Year ended 28 February 2025
1. General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is Unit E, Newark Road South, Glenrothes, KY7 4NS.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. 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.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.Any tangible assets carried at revalued amounts is recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant and machinery | - | 25 % | reducing balance
| Computer equipment | - | 33 % | straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at the carrying value plus accrued interest less repayments. The financing charge to expenditure is at a constant rate calculated using the effective interest method.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Staff costs
The average number of persons employed by the company during the year amounted to 8 (2024: 9 ).
The aggregate payroll costs incurred during the year were:

|  |  | 2025 | 2024
|  |  | £ | £
| Wages and salaries |  | 197,961 | 186,053
| Social security costs |  | 18,084 | 18,197
| Other pension costs |  | 6,711 | 40,149
|  |  | _______ | _______
|  |  | 222,756 | 244,399
|  |  | _______ | _______

5. Tangible assets

|  | £ |  |  |  |  |  |
| Cost |  |  |  |  |  |  |
| At 1 March 2024 and 28 February 2025 | 54,109 |  |  |  |  |  |
|  | _______ |  |  |  |  |  |
| Depreciation |  |  |  |  |  |  |
| At 1 March 2024 | 51,475 |  |  |  |  |  |
| Charge for the year | 607 |  |  |  |  |  |
|  | _______ |  |  |  |  |  |
| At 28 February 2025 | 52,082 |  |  |  |  |  |
|  | _______ |  |  |  |  |  |
| Carrying amount |  |  |  |  |  |  |
| At 28 February 2025 | 2,027 |  |  |  |  |  |
|  | _______ |  |  |  |  |  |
| At 28 February 2024 | 2,634 |  |  |  |  |  |
|  | _______ |  |  |  |  |  |

6. Related party transactions
At the year end Sign Systems (Scotland) Limited was owed £255,667 (2024: £258,424) from Shadow Blinds Limited.
7. Controlling party
Sign Systems (Scotland) Ltd is fully owned by Shadow Blinds Limited. Shadow Blinds Limited is a company registered in Scotland, registration number SC112430.