| Registered Number:SC419456 |
For the year ended 31 March 2025
Scotland
Unaudited Financial Statements
For the year ended 31 March 2025
Icon Signs Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Icon Signs Ltd
Statement of Financial Position
2024
2025
| Property, plant and equipment |
47,649
30,933
2
47,649
30,933
1,200
1,200
3
| Trade and other receivables |
53,378
55,471
4
168,349
| Cash and cash equivalents |
154,304
210,975
222,927
| Trade and other payables: amounts falling due within one year |
(84,118)
(91,086)
5
138,809
119,889
Net current assets
| Total assets less current liabilities |
167,538
169,742
| Trade and other payables: amounts falling due after more than one year |
(11,714)
(1,193)
6
166,345
Net assets
158,028
2
2
166,343
158,026
166,345
158,028
Shareholders' funds
| For the year ended 31 March 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| 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 proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Duncan James Brown Director |
| John James Ferrie Director |
| These financial statements were approved and authorised for issue by the Board on 17 December 2025 and were signed by: |
| The notes form part of these financial statements |
1 of 4
For the year ended 31 March 2025
Icon Signs Ltd
Notes to the Financial Statements
Statutory Information
| Icon Signs Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number SC419456. |
Balgray Works
Balgray Place
Dundee
DD3 8SH
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The |
| Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have |
| been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Property Improvements
Plant & equipment
Motor vehicles
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Hire purchase and leasing commitments
| Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis. |
2 of 4
For the year ended 31 March 2025
Icon Signs Ltd
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor vehicles
Plant & equipment
100,152
42,050
46,881
11,221
24,450
24,450
-
-
11,221
46,881
66,500
124,602
| Provision for depreciation and impairment |
69,219
23,860
37,252
8,107
Charge for year
7,734
4,548
2,407
779
76,953
28,408
39,659
8,886
2,335
7,222
38,092
47,649
3,114
9,629
18,190
30,933
2024
2025
1,200
1,200
| 4. Trade and other receivables |
2024
2025
50,834
46,827
4,637
6,551
53,378
55,471
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
| Bank loans and overdraft (secured) |
10,500
10,000
10,702
8,959
| Taxation and social security |
30,544
42,168
39,340
22,991
91,086
84,118
3 of 4
For the year ended 31 March 2025
Icon Signs Ltd
Notes to the Financial Statements Continued
| 6. Trade and other payables: amounts falling due after more than one year |
2024
2025
| Bank loans and overdraft (secured) |
1,193
11,714
| 7. Average number of persons employed |
During the year the average number of employees was 7 (2024 : 7)
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