REGISTERED NUMBER: 05552946 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

GRAPHIXSIGNS LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D Frith

Mr L D Frith

Mrs N J Frith-Williams

SECRETARY:

Mrs M D Frith

REGISTERED OFFICE:

6 Cambridge Street

Barrow-in-furness

Cumbria

LA13 9RE

REGISTERED NUMBER:

05552946 (England and Wales)

BANKERS:

Lloyds Bank plc

140-146 Dalton Road

Barrow In Furness

Cumbria

LA14 1JH

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

87,005

86,590

87,005

86,590

CURRENT ASSETS

Stocks

3,000

3,000

Debtors

25,137

41,294

Cash at bank and in hand

39,804

41,871

67,941

86,165

CREDITORS

Amounts falling due within one year

70,990

77,843

NET CURRENT (LIABILITIES)/ASSETS

(3,049

)

8,322

TOTAL ASSETS LESS CURRENT LIABILITIES

83,956

94,912

CREDITORS

Amounts falling due after more than one year

44,777

46,977

NET ASSETS

39,179

47,935

CAPITAL AND RESERVES

Called up share capital

7

7

7

Retained earnings

39,172

47,928

SHAREHOLDERS' FUNDS

39,179

47,935

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 November 2025 and were signed on its behalf by:

Mr D Frith - Director

1.	STATUTORY INFORMATION

Graphixsigns Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The financial statements have been prepared on the going concern basis.

Turnover

Turnover represents net invoiced sales of goods and services, excluding VAT.

Goodwill

Goodwill is initially measured at cost. After initial recognition, goodwill is measured at cost less any accumulated amortisation and any accumulated impairment losses. Goodwill has been fully amortised.

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

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% 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.

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 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

30,000

AMORTISATION

At 1 April 2024

and 31 March 2025

30,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

229,814

Additions

15,847

At 31 March 2025

245,661

DEPRECIATION

At 1 April 2024

143,224

Charge for year

15,432

At 31 March 2025

158,656

NET BOOK VALUE

At 31 March 2025

87,005

At 31 March 2024

86,590

The net book value of tangible fixed assets includes £9,249 (2024: Nil) in respect of assets held under hire purchase agreements. The amount of depreciation in respect of such assets amounted to £751(2024 : Nil) for the financial year.

6.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Hire purchase contracts

6,933

-

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

4

Ordinary

£1

4

4

1

A Dividend

£1

1

1

1

B Dividend

£1

1

1

1

C Dividend

£1

1

1

7

7

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr D Frith.