REGISTERED NUMBER: 04660198 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

GLOBAL ERECTING SIGN SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M J Hicks

SECRETARY:

REGISTERED OFFICE:

Ascension House

Phoenix Business Park

Eaton Socon

St Neots

Cambridgeshire

PE19 8EP

REGISTERED NUMBER:

04660198 (England and Wales)

ACCOUNTANTS:

Bayler Wood Associates Ltd

Chartered Certified Accountants

2 Church Lane

Walgrave

Northamptonshire

NN6 9QH

FIXED ASSETS

Tangible assets

4

602,529

414,111

CURRENT ASSETS

Debtors

5

1,133,488

918,371

Cash at bank

15,504

2,758

1,148,992

921,129

CREDITORS

Amounts falling due within one year

6

819,127

773,676

NET CURRENT ASSETS

329,865

147,453

TOTAL ASSETS LESS CURRENT LIABILITIES

932,394

561,564

CREDITORS

Amounts falling due after more than one year

7

(226,255

)

(72,267

)

PROVISIONS FOR LIABILITIES

(84,207

)

(92,101

)

NET ASSETS

621,932

397,196

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

621,832

397,096

SHAREHOLDERS' FUNDS

621,932

397,196

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 director acknowledges his 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 director and authorised for issue on 23 December 2025 and were signed by:

M J Hicks - Director

1.	STATUTORY INFORMATION

Global Erecting Sign Services 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 net invoiced sale of goods and work done, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 16 (2024 - 24 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

793,073

308,926

118,764

1,220,763

Additions

8,825

327,969

10,131

346,925

Disposals

-

(67,458

)

-

(67,458

)

At 31 March 2025

801,898

569,437

128,895

1,500,230

DEPRECIATION

At 1 April 2024

620,800

80,427

105,425

806,652

Charge for year

45,904

62,855

5,655

114,414

Eliminated on disposal

-

(23,365

)

-

(23,365

)

At 31 March 2025

666,704

119,917

111,080

897,701

NET BOOK VALUE

At 31 March 2025

135,194

449,520

17,815

602,529

At 31 March 2024

172,273

228,499

13,339

414,111

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2024

286,968

Additions

327,969

Disposals

(67,458

)

At 31 March 2025

547,479

DEPRECIATION

At 1 April 2024

67,740

Charge for year

61,817

Eliminated on disposal

(23,365

)

At 31 March 2025

106,192

NET BOOK VALUE

At 31 March 2025

441,287

At 31 March 2024

219,228

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

450,694

322,391

Other debtors

674,916

566,844

Prepayments

7,878

29,136

1,133,488

918,371

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

148,484

311,002

Hire purchase contracts

116,708

87,321

Trade creditors

90,051

83,409

Social security and other taxes

236,915

115,029

VAT

190,128

153,224

Sundry creditors and accruals

36,841

23,691

819,127

773,676

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

226,255

72,267

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by Global Erecting Sign Services (UK) Limited, a company incorporated in England which owns 100% of the share capital. The ultimate controlling party is M J Hicks, a director of Global Erecting Sign Services Limited, by virtue of his shareholding in Global Erecting Sign Services (UK) Limited.