Signature Fires Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07051703

Signature Fires Limited

Filleted Unaudited Financial Statements

31 March 2025

Signature Fires Limited

Officers and Professional Advisers

The board of directors	S Mizon
	F Mizon

Registered office	11 Page Place
	Frogmore
	St Albans
	Herts
	AL2 2FB

Accountants	Warners
	Chartered accountants
	3a The Wenta Business Centre
	Colne Way
	Watford
	WD24 7ND

Signature Fires Limited

Balance Sheet

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		121	274

Current assets

Debtors	6	62,564	83,925
Cash at bank and in hand		778	2,156
		--------	--------
		63,342	86,081

Creditors: amounts falling due within one year	7	42,943		57,243
		--------		--------
Net current assets			20,399	28,838
			--------	--------
Total assets less current liabilities			20,520	29,112

Creditors: amounts falling due after more than one year	8	18,094	22,438
		--------	--------
Net assets		2,426	6,674
		--------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	2,326	6,574
	-------	-------
Shareholders funds	2,426	6,674
	-------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 31 July 2026 , and are signed on behalf of the board by:

S Mizon _______________ F Mizon _______________

Director Director

Company registration number: 07051703

Signature Fires Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 11 Page Place, Frogmore, St Albans, Herts, AL2 2FB.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover represents the value of work done during the year. It is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax, and takes account of the stage of completion of the work.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Computer equipment	-	30% straight line
Equipment	-	25% reducing balance

Financial instruments

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 entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Computer equipment	Equipment	Total
	£	£	£
Cost
At 1 April 2024	3,183	1,136	4,319
Disposals	( 1,722)	( 160)	( 1,882)
	-------	-------	-------
At 31 March 2025	1,461	976	2,437
	-------	-------	-------
Depreciation
At 1 April 2024	3,084	961	4,045
Charge for the year	94	59	153
Disposals	( 1,722)	( 160)	( 1,882)
	-------	-------	-------
At 31 March 2025	1,456	860	2,316
	-------	-------	-------
Carrying amount
At 31 March 2025	5	116	121
	-------	-------	-------
At 31 March 2024	99	175	274
	-------	-------	-------

6. Debtors

	2025	2024
	£	£
Trade debtors	23,126	46,458
Prepayments and accrued income	35	–
Directors loan account	30,375	30,973
Other debtors	9,028	6,494
	--------	--------
	62,564	83,925
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	9,760	9,792
Trade creditors	–	25,813
Accruals and deferred income	6,011	4,711
Corporation tax	18,066	11,142
Social security and other taxes	9,106	5,785
	--------	--------
	42,943	57,243
	--------	--------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	18,094	22,438
	--------	--------

The bank loans include a loan payable by monthly instalments expiring in May 2030 on which interest is charged at 2.5% pa.

9. Transactions with directors

During the year dividends of £15,500 (2024: £6,750) were paid to a director and a loan was made to the director of £15,200 of which £12,500 was repaid in the following year. Dividends of £15,500 (2024: £6,750) were paid to another director and a loan was made to that director of £15,200 of which £12,500 was repaid in the following year.