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Company Registration No. 11860760 (England and Wales)
Sign Lead Ltd Unaudited accounts for the year ended 31 March 2025
Sign Lead Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Sign Lead Ltd Company Information for the year ended 31 March 2025
Director
P J Mitchell
Company Number
11860760 (England and Wales)
Registered Office
13 Woodstone Terrace Houghton Le Spring DH4 6DP
Accountants
DS Private Clients The Old Vicarage Beck Hill Barton-upon-Humber DN18 5EY
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Sign Lead Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
15,931
11,076
Current assets
Inventories
6,360
12,860
Debtors
35,132
22,433
Cash at bank and in hand
-
2,529
41,492
37,822
Creditors: amounts falling due within one year
(27,194)
(22,995)
Net current assets
14,298
14,827
Total assets less current liabilities
30,229
25,903
Creditors: amounts falling due after more than one year
(1,000)
(4,000)
Net assets
29,229
21,903
Capital and reserves
Called up share capital
1
1
Profit and loss account
29,228
21,902
Shareholders' funds
29,229
21,903
For the year ending 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 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 12 March 2026 and were signed on its behalf by
P J Mitchell Director Company Registration No. 11860760
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Sign Lead Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Sign Lead Ltd is a private company, limited by shares, registered in England and Wales, registration number 11860760. The registered office is 13 Woodstone Terrace, Houghton Le Spring, DH4 6DP.
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 April 2024
25,927
Additions
8,474
At 31 March 2025
34,401
Depreciation
At 1 April 2024
14,851
Charge for the year
3,619
At 31 March 2025
18,470
Net book value
At 31 March 2025
15,931
At 31 March 2024
11,076
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Sign Lead Ltd Notes to the Accounts for the year ended 31 March 2025
5
Transactions with related parties
During the year an interest-free loan was advanced to the director, at the year the balance owed was £4,994 (2024: £420 credit). This balance is included in other debtors and was subsequently repaid after the year end.
6
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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