Silverfin false false 30/04/2025 01/05/2024 30/04/2025 D A Page 31/03/2021 26 January 2026 The principal activity of the Company continued to be that of embroidery and supply of promotional garments. SC194554 2025-04-30 SC194554 bus:Director1 2025-04-30 SC194554 2024-04-30 SC194554 core:CurrentFinancialInstruments 2025-04-30 SC194554 core:CurrentFinancialInstruments 2024-04-30 SC194554 core:Non-currentFinancialInstruments 2025-04-30 SC194554 core:Non-currentFinancialInstruments 2024-04-30 SC194554 core:ShareCapital 2025-04-30 SC194554 core:ShareCapital 2024-04-30 SC194554 core:CapitalRedemptionReserve 2025-04-30 SC194554 core:CapitalRedemptionReserve 2024-04-30 SC194554 core:RetainedEarningsAccumulatedLosses 2025-04-30 SC194554 core:RetainedEarningsAccumulatedLosses 2024-04-30 SC194554 core:Goodwill 2024-04-30 SC194554 core:Goodwill 2025-04-30 SC194554 core:LandBuildings 2024-04-30 SC194554 core:PlantMachinery 2024-04-30 SC194554 core:FurnitureFittings 2024-04-30 SC194554 core:ComputerEquipment 2024-04-30 SC194554 core:LandBuildings 2025-04-30 SC194554 core:PlantMachinery 2025-04-30 SC194554 core:FurnitureFittings 2025-04-30 SC194554 core:ComputerEquipment 2025-04-30 SC194554 2023-04-30 SC194554 bus:OrdinaryShareClass1 2025-04-30 SC194554 2024-05-01 2025-04-30 SC194554 bus:FilletedAccounts 2024-05-01 2025-04-30 SC194554 bus:SmallEntities 2024-05-01 2025-04-30 SC194554 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 SC194554 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 SC194554 bus:Director1 2024-05-01 2025-04-30 SC194554 core:Goodwill core:TopRangeValue 2024-05-01 2025-04-30 SC194554 core:LandBuildings core:TopRangeValue 2024-05-01 2025-04-30 SC194554 core:PlantMachinery 2024-05-01 2025-04-30 SC194554 core:FurnitureFittings 2024-05-01 2025-04-30 SC194554 core:ComputerEquipment 2024-05-01 2025-04-30 SC194554 2023-05-01 2024-04-30 SC194554 core:LandBuildings 2024-05-01 2025-04-30 SC194554 core:Non-currentFinancialInstruments 2024-05-01 2025-04-30 SC194554 bus:OrdinaryShareClass1 2024-05-01 2025-04-30 SC194554 bus:OrdinaryShareClass1 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC194554 (Scotland)

# ENSIGN MOTIFS LIMITED

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 30 APRIL 2025
PAGES FOR FILING WITH THE REGISTRAR

ENSIGN MOTIFS LIMITED

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 APRIL 2025

Contents

ENSIGN MOTIFS LIMITED

## BALANCE SHEET

AS AT 30 APRIL 2025
ENSIGN MOTIFS LIMITED

## BALANCE SHEET (continued)

AS AT 30 APRIL 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 4 | 80,049 |  | 81,094
|  | 80,049 |  | 81,094
Current assets |  |  |  |
Stocks |  | 11,000 |  | 12,500
Debtors | 5 | 57,870 |  | 97,947
Cash at bank and in hand |  | 25,074 |  | 5,869
|  | 93,944 |  | 116,316
Creditors: amounts falling due within one year | 6 | ( 94,942) |  | ( 129,183)
Net current liabilities |  | (998) |  | (12,867)
Total assets less current liabilities |  | 79,051 |  | 68,227
Creditors: amounts falling due after more than one year | 7 | ( 21,848) |  | ( 27,513)
Provision for liabilities | 8 | ( 15,125) |  | ( 14,886)
Net assets |  | 42,078 |  | 25,828
Capital and reserves |  |  |  |
Called-up share capital | 9 | 50 |  | 50
Capital redemption reserve |  | 50 |  | 50
Profit and loss account |  | 41,978 |  | 25,728
Total shareholder's funds |  | 42,078 |  | 25,828

For the financial year ending 30 April 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Ensign Motifs Limited (registered number: SC194554) were approved and authorised for issue by the Director on 26 January 2026. They were signed on its behalf by:

D A Page Director |

ENSIGN MOTIFS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 APRIL 2025
ENSIGN MOTIFS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 APRIL 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Ensign Motifs Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is 227 West George Street, Glasgow, G2 2ND, Scotland, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

##### Employee benefits

Short term benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

##### Taxation

Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date
Deferred tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

##### Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill | 10 years straight line

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings | 50 years straight line
Plant and machinery | 25 % reducing balance
Fixtures and fittings | 25 % reducing balance
Computer equipment | 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Impairment of assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 12 |  | 11

#### 3. Intangible assets

| Goodwill |  | Total
| £ |  | £
Cost |  |  |
At 01 May 2024 | 200,000 |  | 200,000
At 30 April 2025 | 200,000 |  | 200,000
Accumulated amortisation |  |  |
At 01 May 2024 | 200,000 |  | 200,000
At 30 April 2025 | 200,000 |  | 200,000
Net book value |  |  |
At 30 April 2025 | 0 |  | 0
At 30 April 2024 | 0 |  | 0

#### 4. Tangible assets

| Land and buildings |  | Plant and machinery |  | Fixtures and fittings |  | Computer equipment |  | Total
| £ |  | £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |  |  |
At 01 May 2024 | 120,000 |  | 149,395 |  | 14,000 |  | 0 |  | 283,395
Additions | 0 |  | 1,529 |  | 0 |  | 569 |  | 2,098
At 30 April 2025 | 120,000 |  | 150,924 |  | 14,000 |  | 569 |  | 285,493
Accumulated depreciation |  |  |  |  |  |  |  |  |
At 01 May 2024 | 40,800 |  | 147,638 |  | 13,863 |  | 0 |  | 202,301
Charge for the financial year | 2,400 |  | 661 |  | 35 |  | 47 |  | 3,143
At 30 April 2025 | 43,200 |  | 148,299 |  | 13,898 |  | 47 |  | 205,444
Net book value |  |  |  |  |  |  |  |  |
At 30 April 2025 | 76,800 |  | 2,625 |  | 102 |  | 522 |  | 80,049
At 30 April 2024 | 79,200 |  | 1,757 |  | 137 |  | 0 |  | 81,094

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 46,249 |  | 86,326
Other debtors | 11,621 |  | 11,621
| 57,870 |  | 97,947

#### 6. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Bank loans and overdrafts | 6,124 |  | 35,381
Trade creditors | 30,650 |  | 22,142
Taxation and social security | 30,322 |  | 45,987
Other creditors | 27,846 |  | 25,673
| 94,942 |  | 129,183

#### 7. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 21,848 |  | 27,513

There are no amounts included above in respect of which any security has been given by the small entity.

#### 8. Deferred tax

| 2025 |  | 2024
| £ |  | £
At the beginning of financial year | ( 14,886) |  | ( 13,271)
Charged to the Profit and Loss Account | ( 239) |  | ( 1,615)
At the end of financial year | ( 15,125) |  | ( 14,886)

#### 9. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
50 Ordinary shares of £ 1.00 each | 50 |  | 50

#### 10. Related party transactions

Transactions with the entity's director

| 2025 |  | 2024
| £ |  | £
Amounts due to key management personnel | 9,719 |  | 802

These amounts are unsecured, interest free, and repayable on demand.