ACCOUNTS - Final Accounts

Company registration number: 01369865

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025

	SIGNAL GROUP LIMITED


SIGNAL GROUP LIMITED

COMPANY INFORMATION

Directors	Mr J M Clements
	Mrs L E Clements
	Mrs J B Clements (resigned 27 January 2025)


Registered number	01369865


Registered office	Standards House
	12 Doman Road
	Camberley
	Surrey
	GU15 3DF


Accountants	Menzies LLP
	Chartered Accountants
	Victoria House
	50-58 Victoria Road
	Farnborough
	Hampshire
	GU14 7PG


SIGNAL GROUP LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 7


SIGNAL GROUP LIMITED REGISTERED NUMBER:01369865

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Intangible assets	4		1,407,159		1,368,241
Tangible assets	5		141,161		84,770
			1,548,320		1,453,011
Current assets
Stocks		729,869		715,570
Debtors: amounts falling due within one year	6	230,344		335,033
		960,213		1,050,603
Creditors: amounts falling due within one year	7	(914,893)		(708,379)
Net current assets			45,320		342,224
Total assets less current liabilities			1,593,640		1,795,235
Creditors: amounts falling due after more than one year	8		(203,138)		(195,174)
Provisions for liabilities
Deferred tax		(192,898)		(244,600)
			(192,898)		(244,600)
Net assets			1,197,604		1,355,461

Capital and reserves
Called up share capital	18,000	18,000
Profit and loss account	1,179,604	1,337,461
	1,197,604	1,355,461

Page 1


SIGNAL GROUP LIMITED REGISTERED NUMBER:01369865

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 8 December 2025.

................................................ Mr J M Clements	................................................ Mrs L E Clements
Director	Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2


SIGNAL GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Signal Group Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office, which is also the principal place of business, is disclosed on the company information page.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. The estimated useful life of these assets is 15 years.

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Plant and machinery	-	10-25% straight line
				Motor vehicles	-	25% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3


SIGNAL GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

2.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.8

Research and development

Intangible assets are recognised from the development phase of a project if and only if certain specific criteria
are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can
be reliably measured. The capitalised development costs are subsequently amortised on a straight line basis
over their useful economic lives of 15 years.

Page 4


SIGNAL GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.9

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financialassets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loansto related parties and investments in non-puttable ordinary shares.

Employees

The average monthly number of employees, including directors, during the year was 18 (2024 - 18).

4.	Intangible assets

		Development costs
		£
	Cost
	At 1 April 2024	2,481,071
	Additions	204,323
	At 31 March 2025	2,685,394
	Amortisation
	At 1 April 2024	1,112,830
	Charge for the year on owned assets	165,405
	At 31 March 2025	1,278,235
	Net book value
	At 31 March 2025	1,407,159
	At 31 March 2024	1,368,241

Page 5


SIGNAL GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

5.	Tangible fixed assets

	Plant and machinery	Motor vehicles	Total
	£	£	£
Cost or valuation
At 1 April 2024	33,599	177,042	210,641
Additions	-	115,353	115,353
Disposals	(13,080)	(72,474)	(85,554)
At 31 March 2025	20,519	219,921	240,440
Depreciation
At 1 April 2024	16,916	108,955	125,871
Charge for the year on owned assets	4,372	47,040	51,412
Disposals	(13,080)	(64,924)	(78,004)
At 31 March 2025	8,208	91,071	99,279
Net book value
At 31 March 2025	12,311	128,850	141,161
At 31 March 2024	16,683	68,087	84,770

Debtors

					2025	2024
					£	£


Trade debtors	211,310	273,626
Other debtors	-	24,000
Prepayments and accrued income	19,034	11,503
Tax recoverable	-	25,904
	230,344	335,033

Page 6


SIGNAL GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank overdrafts	49,095	49,334
Bank loans	82,000	82,000
Other loans	86,100	149,897
Trade creditors	186,239	162,477
Other taxation and social security	28,075	38,664
Obligations under finance lease and hire purchase contracts	41,095	34,839
Other creditors	259,257	52,189
Accruals and deferred income	183,032	138,979
	914,893	708,379

Included within other creditors are amounts due to Directors of £172,845 (2024 - debtor of £20,000). This loan is interest free and repayable on demand.

8.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Bank loans	61,502	143,500
Other loans	50,873	-
Net obligations under finance leases and hire purchase contracts	82,108	41,828
Accruals and deferred income	8,655	9,846
	203,138	195,174

Page 7