General Information
DOODLE SIGNS LTD is a private company, limited by shares, registered in England and Wales, registration number 14155641, registration address Brick Office Old Station, Bagmore Lane, Herriard, Hampshire, RG25 2PY.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102(1A) The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. The companys liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Current and deferred tax assets and liabilities are not discounted
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation, and any impairment losses.
Depreciation is recognized so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
| Plant and Machinery |
25% Straight Line
|
| Fixtures and Fittings |
25% Straight Line
|
| Computer Equipment |
25% Straight Line
|
Impairment of fixed 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).
|
| 2. |
Average number of employees
Average number of employees during the year was 3 (2024 : 3).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Plant and Machinery |
|
Fixtures and Fittings |
|
Computer Equipment |
|
Total |
| |
£ |
|
£ |
|
£ |
|
£ |
| At 01 July 2024 |
- |
|
1,500 |
|
149 |
|
1,649 |
| Additions |
6,214 |
|
386 |
|
624 |
|
7,224 |
| Disposals |
- |
|
- |
|
- |
|
- |
| At 30 June 2025 |
6,214 |
|
1,886 |
|
773 |
|
8,873 |
| Depreciation |
| At 01 July 2024 |
- |
|
94 |
|
53 |
|
147 |
| Charge for year |
940 |
|
403 |
|
128 |
|
1,471 |
| On disposals |
- |
|
- |
|
- |
|
- |
| At 30 June 2025 |
940 |
|
497 |
|
181 |
|
1,618 |
| Net book values |
| Closing balance as at 30 June 2025 |
5,274 |
|
1,389 |
|
592 |
|
7,255 |
| Opening balance as at 01 July 2024 |
- |
|
1,406 |
|
96 |
|
1,502 |
|
| 4. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Debtors |
16,348 |
|
6,503 |
| Prepayments & Accrued Income |
291 |
|
524 |
| Other Debtors |
29,267 |
|
28,119 |
| Loan |
311 |
|
311 |
| Directors' Current Accounts |
86,717 |
|
83,316 |
|
132,934 |
|
118,773 |
|
| 5. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Creditors |
26,042 |
|
21,247 |
| Bank Loans & Overdrafts (Secured) |
4,248 |
|
0 |
| Corporation Tax |
50,559 |
|
38,988 |
| PAYE & Social Security |
2,476 |
|
16,936 |
| Pensions Payable |
1,451 |
|
1,969 |
| VAT |
62,613 |
|
46,768 |
|
147,389 |
|
125,908 |
|
| 6. |
Share Capital
Allotted, called up and fully paid
|
2025
£ |
|
2024
£ |
|
1
Ordinary share of £1.00 each |
1 |
|
1 |
|
1 |
|
1 |
|
3
|