REGISTERED NUMBER: 04080935 (England and Wales)

SIGNGEER LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs L Gardener

J A Gardener

SECRETARY:

Mrs L Gardener

REGISTERED OFFICE:

Mitre Business Units

River Tamar Way

Dobles Lane Industrial Estate

Holsworthy

DEVON

EX22 6HL

REGISTERED NUMBER:

04080935 (England and Wales)

ACCOUNTANTS:

Jane Maynard Limited

T/A Maynard Johns

37 Mill Street

Bideford

DEVON

EX39 2JJ

FIXED ASSETS

Tangible assets

4

194,725

91,528

Investment property

5

550,000

472,781

744,725

564,309

CURRENT ASSETS

Stocks

777,619

628,675

Debtors

6

395,991

546,231

Cash at bank and in hand

389,879

241,100

1,563,489

1,416,006

CREDITORS

Amounts falling due within one year

(326,961

)

(270,711

)

NET CURRENT ASSETS

1,236,528

1,145,295

TOTAL ASSETS LESS CURRENT LIABILITIES

1,981,253

1,709,604

CREDITORS

Amounts falling due after more than one year

7

(228,106

)

(251,201

)

PROVISIONS FOR LIABILITIES

(32,531

)

(16,449

)

NET ASSETS

1,720,616

1,441,954

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,720,516

1,441,854

SHAREHOLDERS' FUNDS

1,720,616

1,441,954

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 28 February 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 November 2025 and were signed on its behalf by:

J A Gardener - Director

1.	STATUTORY INFORMATION

Signgeer 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 as modified by the revaluation of certain assets.

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.

Plant and machinery etc

-

25% on cost, 20% on cost, 2% on cost and Straight line over 3 years

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 10 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 March 2024

250,912

Additions

146,767

At 28 February 2025

397,679

DEPRECIATION

At 1 March 2024

159,384

Charge for year

43,570

At 28 February 2025

202,954

NET BOOK VALUE

At 28 February 2025

194,725

At 29 February 2024

91,528

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2024

472,781

Revaluations

77,219

At 28 February 2025

550,000

NET BOOK VALUE

At 28 February 2025

550,000

At 29 February 2024

472,781

Fair value at 28 February 2025 is represented by:

£

Valuation in 2023

472,781

Valuation in 2025

77,219

550,000

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

472,781

472,781

Investment property was valued on an open market basis basis on 28 February 2025 by Mrs L Gardener .

6.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other debtors

50,942

50,942

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2025

2024

£

£

Repayable by instalments

Bank loans more 5 yr by instal

111,489

138,791

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2025 and 29 February 2024:

2025

2024

£

£

Mrs L Gardener and J A Gardener

Balance outstanding at start of year

263,965

150,938

Amounts advanced

2,625

181,136

Amounts repaid

(175,000

)

(68,109

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

91,590

263,965

The company charged interest on the loan to the directors at a rate of 2.25% per annum. As at the year end the interest unpaid was £4,722.76.

9.	RELATED PARTY DISCLOSURES

Jag Signs Limited, a company owned by the same shareholders of this company, owed £53,634.20 to Signgeer Limited at 28 February 2025.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr J A and Mrs L Gardener.