Signcomp Europe Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03666793 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

SIGNCOMP EUROPE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

B J Purton

T Purton

Registered office:

Signcomp House

Blatchford Road

Horsham

West Sussex

RH13 5QR

Registered number:

03666793 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Tangible assets

4

15,854

27,748

Current assets

Stocks

5

680,029

655,020

Debtors

6

1,382,857

1,141,784

Cash at bank

27,864

25,698

2,090,750

1,822,502

Creditors

Amounts falling due within one year

7

872,503

720,939

Net current assets

1,218,247

1,101,563

Total assets less current liabilities

1,234,101

1,129,311

Creditors

Amounts falling due after more than one
year

8

(9,560

)

(19,575

)

Provisions for liabilities

11

(3,963

)

(6,937

)

Net assets

1,220,578

1,102,799

Capital and reserves

Called up share capital

12

100

Retained earnings

1,220,478

1,102,699

Shareholders' funds

1,220,578

1,102,799

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 May 2026 and were signed on its behalf by:

T Purton - Director

1.	Statutory information

Signcomp Europe Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Key source of estimation, uncertainty and judgement

The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

There is estimation uncertainty in calculating depreciation. A full line by line review of fixed assets is carried out by management regularly. Whilst every attempt is made to ensure that the depreciation policy is as accurate as possible, there remains a risk that the policy does not match the useful life of the assets.

Turnover

Turnover represents sales of goods net of VAT and trade discounts. Turnover is recognised when the goods are physically delivered to the customer.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

33% on cost and 20% on cost

Fixtures and fittings

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 9 (2024 - 9 ) .

4.	Tangible fixed assets

Fixtures

Plant and

and

machinery

fittings

Totals

£

Cost

At 1 January 2025

112,302

14,102

126,404

Additions

436

2,524

2,960

At 31 December 2025

112,738

16,626

129,364

Depreciation

At 1 January 2025

87,837

10,819

98,656

Charge for year

11,431

3,423

14,854

At 31 December 2025

99,268

14,242

113,510

Net book value

At 31 December 2025

13,470

2,384

15,854

At 31 December 2024

24,465

3,283

27,748

5.

Stocks

2025

2024

£

Stocks

680,029

655,020

6.

Debtors: amounts falling due within one year

2025

2024

£

Trade debtors

773,414

535,016

Amounts owed by group undertakings

554,726

552,697

Other debtors

54,717

54,071

1,382,857

1,141,784

7.

Creditors: amounts falling due within one year

2025

2024

£

Bank loans and overdrafts

363,892

255,866

Trade creditors

220,103

282,539

Taxation and social security

274,394

150,813

Other creditors

14,114

31,721

872,503

720,939

8.

Creditors: amounts falling due after more than one year

2025

2024

£

Bank loans

9,560

17,810

Other creditors

-

1,765

9,560

19,575

9.	Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

Within one year

83,088

Between one and five years

30,972

114,060

197,148

10.	Secured debts

The following secured debts are included within creditors:

2025

2024

£

Commercial finance loan

30,361

58,024

11.	Provisions for liabilities

2025

2024

£

Deferred tax

3,963

6,937

Deferred tax

£

Balance at 1 January 2025

6,937

Provided during year

(2,974

)

Balance at 31 December 2025

3,963

12.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

100

Ordinary

1

100

13.	Directors' advances, credits and guarantees

At the beginning of the year, the director owed the company £nil and as of 31 December 2025, the director loan account balance is £7,621.61.

14.	Related party disclosures

Signcomp Holdings Limited

During the year Signcomp Holdings Limited, maintained their loan to the company. As at 31 December 2024, Signcomp Holdings Limited owed £554,726 (2024: £552,697). The amount is interest free and repayable on demand.

15.	Ultimate controlling party

The ultimate controlling party is B J Purton.