Acorah Software Products - Accounts Production 19.2.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 08451980 Mrs Signe Dzailza iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08451980 2024-03-31 08451980 2025-03-31 08451980 2024-04-01 2025-03-31 08451980 frs-core:CurrentFinancialInstruments 2025-03-31 08451980 frs-core:Non-currentFinancialInstruments 2025-03-31 08451980 frs-core:ShareCapital 2025-03-31 08451980 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08451980 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08451980 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 08451980 frs-bus:SmallEntities 2024-04-01 2025-03-31 08451980 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08451980 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08451980 frs-bus:Director1 2024-04-01 2025-03-31 08451980 frs-countries:EnglandWales 2024-04-01 2025-03-31 08451980 2023-03-31 08451980 2024-03-31 08451980 2023-04-01 2024-03-31 08451980 frs-core:CurrentFinancialInstruments 2024-03-31 08451980 frs-core:Non-currentFinancialInstruments 2024-03-31 08451980 frs-core:ShareCapital 2024-03-31 08451980 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 08451980
SIGNET CONTEMPORARY ART LTD
Financial Statements
For The Year Ended 31 March 2025
BBAS LTD.
SIGNET CONTEMPORARY ART LTD
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
SIGNET CONTEMPORARY ART LTD
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 08451980

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
CURRENT ASSETS
Stocks | 4 | - |  | 3,400 |
Debtors | 5 | 7,500 |  | 4,100 |
Investments | 6 | 14,000 |  | 14,000 |
Cash at bank and in hand |  | 11,313 |  | 11,313 |
|  | 32,813 |  | 32,813 |
Creditors: Amounts Falling Due Within One Year | 7 | (29,906 ) |  | (29,906 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 2,907 |  | 2,907
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,907 |  | 2,907
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (28,974 ) |  | (28,974 )
NET LIABILITIES |  |  | (26,067 ) |  | (26,067 )
CAPITAL AND RESERVES
Called up share capital | 9 |  | 100 |  | 100
Profit and Loss Account |  |  | (26,167 ) |  | (26,167 )
SHAREHOLDERS' FUNDS |  |  | (26,067) |  | (26,067)

Page 1
Page 2
SIGNET CONTEMPORARY ART LTD
Balance Sheet (continued)
As At 31 March 2025
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mrs Signe Dzailza Director
31/03/2026

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
SIGNET CONTEMPORARY ART LTD
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
SIGNET CONTEMPORARY ART LTD is a private company, limited by shares, incorporated in England & Wales, registered number 08451980 . The registered office is 378 Kings Road , Chelsea, London , SW3 5UZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
4. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | - |  | 3,400

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | (3,400 ) |  | (3,400 )
Due after more than one year
Trade debtors | 7,500 |  | 7,500
Directors loan account | 3,400 |  | -
| 10,900 |  | 7,500
| 7,500 |  | 4,100

Page 3
Page 4
SIGNET CONTEMPORARY ART LTD
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
6. Current Asset Investments

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Short term deposits | 14,000 |  | 14,000

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | (1 ) |  | (1 )
Bank loans and overdrafts | 15,890 |  | 15,890
Other taxes and social security | 682 |  | 682
VAT | 10,235 |  | 10,235
Accruals and deferred income | 3,000 |  | 3,000
Director's loan account | 100 |  | 100
| 29,906 |  | 29,906

8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 26,481 |  | 26,481
Directors loan account | 2,493 |  | 2,493
| 28,974 |  | 28,974

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

Page 4