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Company Registration No. 08514112 (England and Wales)
Signs & Imaging (South East) Ltd Unaudited accounts for the year ended 31 May 2025
Signs & Imaging (South East) Ltd Company Information for the year ended 31 May 2025
Director
Dean Johnson
Company Number
08514112 (England and Wales)
Registered Office
Unit 4 Invicta Business Centre Bredgar Road Gillingham Kent ME8 6PG
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Signs & Imaging (South East) Ltd Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
5
99,315
103,939
Current assets
Inventories
55,626
47,139
Debtors
6
10,516
35,038
Cash at bank and in hand
122,133
124,243
188,275
206,420
Creditors: amounts falling due within one year
7
(73,954)
(79,532)
Net current assets
114,321
126,888
Total assets less current liabilities
213,636
230,827
Creditors: amounts falling due after more than one year
8
(39,577)
(50,019)
Provisions for liabilities
Deferred tax
9
(8,268)
(16,368)
Net assets
165,791
164,440
Capital and reserves
Called up share capital
100
100
Profit and loss account
165,691
164,340
Shareholders' funds
165,791
164,440
For the year ending 31 May 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 January 2026 and were signed on its behalf by
Dean Johnson Director Company Registration No. 08514112
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Signs & Imaging (South East) Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Signs & Imaging (South East) Ltd is a private company, limited by shares, registered in England and Wales, registration number 08514112. The registered office is Unit 4 Invicta Business Centre, Bredgar Road, Gillingham, Kent, ME8 6PG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Going concern
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The company has therefore continued to adopt the going concern basis of accounting in the preparation of these financial statements.
Revenue
Revenue, described as turnover, is the value of good provided to customers during the year, plus the value of work performed with respect to services, net of discounts and value added taxes. Revenue is recognised on the sale of goods when the goods are delivered and title has passed. Revenue is recognised on the provision of services on a percentage degree of completion basis, calculated by reference to the time expended compared to the total anticipated time.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. The assets of the scheme are held separately from those of the company in independently administered funds. The pension costs charge represents contributions payable for the period by the company to the fund.
Government grants
Government grants are recognised under the accrual model meaning that grants relating to revenue shall be recognised in income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.
Intangible assets
Intangible assets are amortised on a straight line basis over a useful economic life of 4 years.
Tangible assets
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant & machinery
25% per annum straight line
Motor vehicles
33% per annum straight line
Fixtures & fittings
20% per annum straight line
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Signs & Imaging (South East) Ltd Notes to the Accounts for the year ended 31 May 2025
Leased assets
Rentals applicable to operating leases, where substantially all of the benefits and risks of ownership remain with the lessor, are charged against profits on a straight-line basis over the period of the lease. Where assets are financed by leasing agreements that give rights approximating to ownership (finance leases) the assets are treated as if they had been purchased outright. The amount capitalised is the fair value of the asset concerned. The corresponding liability to the leasing company is included as an obligation under finance leases. Depreciation is charged to the profit and loss account over the shorter of the lease term and their useful lives. Leasing payments are treated as consisting of capital and interest elements, and interest is charged to the profit and loss account on a straight line basis which is considered to be a reasonable approximation to a constant rate of charge on the outstanding balance.
Financial instruments
Financial instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.
Stock
Stocks is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes any expenditure incurred in bringing the stock to its present location and condition. A "first in first out" basis is used. Borrowing costs are not capitalised. Where consignment stock is in substance an asset of the company, it is recognised as such on the balance sheet.
Deferred taxation
Deferred tax has been provided in full in respect of taxation deferred by timing differences (including fair value adjustments) between the treatment of certain items for taxation and accounting purposes except that a deferred tax asset is only recognised to the extent that it is recoverable. Deferred tax is measured using the tax rate that is expected to apply in the periods in which the timing differences are expected to reverse.
4
Intangible fixed assets
Goodwill
£
Cost
At 1 June 2024
8,000
At 31 May 2025
8,000
Amortisation
At 1 June 2024
8,000
At 31 May 2025
8,000
Net book value
At 31 May 2025
-
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Signs & Imaging (South East) Ltd Notes to the Accounts for the year ended 31 May 2025
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 June 2024
129,151
43,999
39,099
212,249
Additions
33,070
-
-
33,070
Disposals
(33,600)
-
-
(33,600)
At 31 May 2025
128,621
43,999
39,099
211,719
Depreciation
At 1 June 2024
86,200
17,398
4,712
108,310
Charge for the year
15,189
11,359
7,820
34,368
On disposals
(30,274)
-
-
(30,274)
At 31 May 2025
71,115
28,757
12,532
112,404
Net book value
At 31 May 2025
57,506
15,242
26,567
99,315
At 31 May 2024
42,951
26,601
34,387
103,939
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
10,516
31,725
Other debtors
-
3,313
10,516
35,038
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
7,232
7,232
Obligations under finance leases and hire purchase contracts
17,288
4,295
Trade creditors
11,604
14,192
Taxes and social security
19,071
37,169
Other creditors
18,056
14,694
Loans from directors
703
-
Accruals
-
1,950
73,954
79,532
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
29,532
36,765
Obligations under finance leases and hire purchase contracts
10,045
13,254
39,577
50,019
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Signs & Imaging (South East) Ltd Notes to the Accounts for the year ended 31 May 2025
9
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
8,268
16,368
2025
2024
£
£
Provision at start of year
16,368
19,662
Credited to the profit and loss account
(8,100)
(3,294)
Provision at end of year
8,268
16,368
10
Pension commitments
The company operates a defined contribution scheme for its employees. At the balance sheet date, unpaid contributions of £120 (2024: £490) were due to the fund. These are included in other creditors.
11
Operating lease commitments
2025
2024
£
£
At 31 May 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
45,720
45,720
Later than one year and not later than five years
112,770
162,270
158,490
207,990
12
Average number of employees
During the year the average number of employees was 5 (2024: 5).
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