REGISTERED NUMBER: 05151062 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

SIGNS & DESIGN (KENT) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr G Jackson

Ms E L M Slavik Smith

REGISTERED OFFICE:

Unit 7 Ballard Industrial Centre

Revenge Road Lordswood

Chatham

Kent

ME5 8UD

REGISTERED NUMBER:

05151062 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

2nd Floor

Medway Bridge House

1-8 Fairmeadow

Maidstone

Kent

ME14 1JP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

613,873

805,023

613,873

805,023

CURRENT ASSETS

Stocks

76,648

118,272

Debtors

6

1,027,268

1,032,685

Cash at bank and in hand

123,252

216,415

1,227,168

1,367,372

CREDITORS

Amounts falling due within one year

7

759,759

736,345

NET CURRENT ASSETS

467,409

631,027

TOTAL ASSETS LESS CURRENT LIABILITIES

1,081,282

1,436,050

CREDITORS

Amounts falling due after more than one year

8

(244,619

)

(367,949

)

PROVISIONS FOR LIABILITIES

(188,722

)

(218,928

)

NET ASSETS

647,941

849,173

CAPITAL AND RESERVES

Called up share capital

10

600

900

Capital redemption reserve

600

300

Retained earnings

646,741

847,973

SHAREHOLDERS' FUNDS

647,941

849,173

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 18 November 2025 and were signed on its behalf by:

Mr G Jackson - Director

Ms E L M Slavik Smith - Director

1.	STATUTORY INFORMATION

Signs & Design (Kent) 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 represents revenue earned under contracts for services provided to clients. Revenue is recognised as earned when, and to the extent that, the company obtains the right to consideration in exchange for its performance under these contracts. It is measured at the fair value of the right to consideration, which represents amounts chargeable to clients, excluding value added tax.

Revenue is generally recognised as contract activity progresses so that for incomplete contracts it reflects the partial performance of the contractual obligations. For such contracts the amount of revenue reflects the accrual of the right to consideration by reference to the value of the work performed. Revenue not billed to clients is included in other debtors.

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

Tangible fixed assets

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

Leasehold

-

over the life of the lease

Plant and machinery

-

25% on reducing balance and at varying rates on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

33% on cost and 20% on cost

Stocks

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

Financial instruments

The company has elected to apply the recognition and measurement provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs.

Basic financial liabilities

Basic financial liabilities, including creditors and bank overdrafts, are initially recognised at transaction price.

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

Assets held under finance leases, which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet and are depreciated over the shorter of the lease term and the asset's useful lives. A corresponding liability is recognised for the lower of the fair value of the leased asset and the present value of the minimum lease payments in the balance sheet. Lease payments are apportioned between the reduction of the lease liability and finance charges so as to achieve a constant rate of interest on the remaining balance of the liability.

Rentals payable under operating leases, are charged to profit or loss on a straight line basis over the term 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.

Provisions

Provisions are recognised when the company has a legal or constructive present obligation as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 38 (2024 - 39 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

Cost

At 1 April 2024

and 31 March 2025

350,000

Amortisation

At 1 April 2024

and 31 March 2025

350,000

Net book value

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Cost

At 1 April 2024

125,311

2,176,394

2,301,705

Additions

-

4,711

4,711

At 31 March 2025

125,311

2,181,105

2,306,416

Depreciation

At 1 April 2024

102,408

1,394,274

1,496,682

Charge for year

9,179

186,682

195,861

At 31 March 2025

111,587

1,580,956

1,692,543

Net book value

At 31 March 2025

13,724

600,149

613,873

At 31 March 2024

22,903

782,120

805,023

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

643,425

533,219

Other debtors

383,843

499,466

1,027,268

1,032,685

Other debtors includes amounts of £241,491 (2024 - £300,699) and £33,710 (2024 - £79,139) due to the company from the directors.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts and finance leases (see note 9)

123,330

162,006

Trade creditors

284,708

263,234

Taxation and social security

309,321

276,777

Other creditors

42,400

34,328

759,759

736,345

The obligations under finance lease and hire purchase agreements are secured by charges over the associated assets.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts and finance leases (see note 9)

244,619

367,949

The obligations under finance lease and hire purchase agreements are secured by charges over the associated assets.

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts

Finance leases

2025

2024

2025

2024

£

£

£

£

Net obligations repayable:

Within one year

121,682

114,388

1,648

47,618

Between one and five years

244,619

366,301

-

1,648

366,301

480,689

1,648

49,266

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, amounting to £235,003 (2024 - £322,965) and this includes an amount of £226,813 (2024 - £305,063) in respect of rent payable for properties occupied by the company to 2026 and 2031.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

600

Ordinary 'A'

1

600

600

NIL

Ordinary 'B'

1

-

300

600

900

During the year, 300 Ordinary 'B' shares were purchased for £285,000 by the company out of retained reserves. The shares were cancelled and £300 transferred to Capital Redemption Reserve.

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, the company made advances totalling £163,292 (2024 - £177,398) and £177,071 (2024 - £158,269) to directors. Repayments totalling £222,500 (2024 - £154,459) and £222,500 (2024 - £148,067), respectively, were made in respect of these advances and brought forward balances. The overdrawn balances incurred interest at HMRC approved rates.

During the year, the company made advances totalling £19,237 (2024 - £34,078) to a director and the balance was written off during the year.