Urmston Signs Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07975181

Urmston Signs Limited

Filleted Unaudited Financial Statements

For the year to

31 March 2026

Urmston Signs Limited

Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£

Fixed assets

Intangible assets	5	5,000	7,500
Tangible assets	6	10,021	12,949
		--------	--------
		15,021	20,449

Current assets

Stocks		1,000	1,000
Debtors	7	67,432	79,997
Cash at bank and in hand		77,410	38,973
		---------	---------
		145,842	119,970

Creditors: amounts falling due within one year	8	37,432		40,617
		---------		---------
Net current assets			108,410	79,353
			---------	--------
Total assets less current liabilities			123,431	99,802

Provisions

Taxation including deferred tax	2,505	2,832
	---------	--------
Net assets	120,926	96,970
	---------	--------

Capital and reserves

Called up share capital	50	50
Profit and loss account	120,876	96,920
	---------	--------
Shareholders funds	120,926	96,970
	---------	--------

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 statement of income and retained earnings has not been delivered.

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Urmston Signs Limited

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 14 July 2026 , and are signed on behalf of the board by:

Mr R Reece
Director

Company registration number: 07975181

Urmston Signs Limited

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 4a Hartford Road, Urmston, Manchester, M41 0RZ.

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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

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.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	5% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

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. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

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:

Property alterations	-	10% straight line
Plant and machinery	-	15% reducing balance
Motorvehicles	-	25% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2025: 2 ).

5. Intangible assets

	Goodwill
	£

Cost
At 1 April 2025 and 31 March 2026	25,000
	--------
Amortisation
At 1 April 2025	17,500
Charge for the year	2,500
	--------
At 31 March 2026	20,000
	--------
Carrying amount
At 31 March 2026	5,000
	--------
At 31 March 2025	7,500
	--------

6. Tangible assets

Land and buildings	Plant and machinery	Motor vehicles	Total
£	£	£	£

Cost
At 1 April 2025	2,329	17,971	15,326	35,626
Disposals	–	( 992)	–	( 992)
	-------	--------	--------	--------
At 31 March 2026	2,329	16,979	15,326	34,634
	-------	--------	--------	--------
Depreciation
At 1 April 2025	1,541	11,468	9,668	22,677
Charge for the year	141	906	1,415	2,462
Disposals	–	( 526)	–	( 526)
	-------	--------	--------	--------
At 31 March 2026	1,682	11,848	11,083	24,613
	-------	--------	--------	--------
Carrying amount
At 31 March 2026	647	5,131	4,243	10,021
	-------	--------	--------	--------
At 31 March 2025	788	6,503	5,658	12,949
	-------	--------	--------	--------

7. Debtors

	2026	2025
	£	£

Trade debtors	28,085	28,146
Prepayments and accrued income	1,001	1,626
Director's loan account	17,531	43,733
Other debtors	20,815	6,492
	--------	--------
	67,432	79,997
	--------	--------

8. Creditors: amounts falling due within one year

	2026	2025
	£	£

Trade creditors	5,689	4,528
Accruals and deferred income	1,276	1,197
Corporation tax	25,384	27,248
Social security and other taxes	5,083	7,644
	--------	--------
	37,432	40,617
	--------	--------

9. Director's advances, credits and guarantees

During the year the company lent the directors £17,531. This amount remained outstanding at the year end. Interest has been charged on this loan at 3.75% on balances over £10,000.