KJB Limited T/A Signs Express Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03597240

KJB Limited T/A Signs Express

Filleted Unaudited Financial Statements

For the year ended

31 May 2025

KJB Limited T/A Signs Express

Statement of Financial Position

31 May 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	6		324,030		401,936

Current assets

Stocks		6,250	6,735
Debtors	7	284,788	305,270
Cash at bank and in hand		180,727	92,321
		----------	----------
		471,765	404,326

Creditors: amounts falling due within one year	8	406,929		409,304
		----------		----------
Net current assets/(liabilities)			64,836		( 4,978)
			----------		----------
Total assets less current liabilities			388,866		396,958

Creditors: amounts falling due after more than one year	9		125,769		159,706

Provisions

Taxation including deferred tax	72,145	82,436
	----------	----------
Net assets	190,952	154,816
	----------	----------

KJB Limited T/A Signs Express

Statement of Financial Position (continued)

31 May 2025

	2025		2024
Note	£	£	£	£

Capital and reserves

Called up share capital	20	20
Capital redemption reserve	80	80
Profit and loss account	190,852	154,716
	----------	----------
Shareholders funds	190,952	154,816
	----------	----------

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 May 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 6 November 2025 , and are signed on behalf of the board by:

Mr M C Bevis	Ms C L Lindley
Director	Director

Company registration number: 03597240

KJB Limited T/A Signs Express

Notes to the Financial Statements

Year ended 31 May 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 Venture Business Park, Gilbey Road, Grimsby, N E Lincolnshire, DN31 2UW.

2. Statement of compliance

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

3. Accounting policies

(a) Basis of preparation

The financial statements have been prepared on the historical cost basisThe financial statements are prepared in sterling, which is the functional currency of the entity. (b) Going concern The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis. (c) 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. (d) Current and deferred 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 be paid or recovered 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. (e) Intangible assets Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses.

(f) 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:

	Franchise fee	-	10% 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.

(g) Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

(h) 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:

L/hold Improvements	-	2% straight line
Plant and Machinery	-	25% reducing balance
Fixtures and Fittings	-	25% reducing balance
Motor Vehicles	-	25% reducing balance

	Office Equipment	-	25% reducing balance

(i) Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

(j) 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.

(k) Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

(l) Government grants

Deferred government grants in respect of capital expenditure are treated as deferred income and are credited to the profit and loss account over the estimated useful life of the assets to which they relate. Government grants of a revenue nature are recognised in the profit and loss account when all conditions for entitlement to the grant are satisfied.

(m) Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

(n) 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 18 (2024: 18 ).

5. Intangible assets

	Franchise fee
	£
Cost
At 1 June 2024 and 31 May 2025	5,000
	-------
Amortisation
At 1 June 2024 and 31 May 2025	5,000
	-------
Carrying amount
At 31 May 2025	–
	-------
At 31 May 2024	–
	-------

6. Tangible assets

	Leasehold Property Improvem't	Plant and machinery	Fixtures and fittings	Motor vehicles	Computer Equipment	Total
	£	£	£	£	£	£
Cost
At 1 Jun 2024	213,893	612,485	44,532	298,776	56,214	1,225,900
Additions	1,800	22,785	–	–	1,748	26,333
Disposals	–	( 18,000)	( 1,741)	–	( 1,832)	( 21,573)
	----------	----------	--------	----------	--------	-------------
At 31 May 2025	215,693	617,270	42,791	298,776	56,130	1,230,660
	----------	----------	--------	----------	--------	-------------
Depreciation
At 1 Jun 2024	177,234	469,628	37,586	104,254	35,262	823,964
Charge for the year	9,577	37,475	1,690	48,631	5,377	102,750
Disposals	–	( 17,448)	( 1,556)	–	( 1,080)	( 20,084)
	----------	----------	--------	----------	--------	-------------
At 31 May 2025	186,811	489,655	37,720	152,885	39,559	906,630
	----------	----------	--------	----------	--------	-------------
Carrying amount
At 31 May 2025	28,882	127,615	5,071	145,891	16,571	324,030
	----------	----------	--------	----------	--------	-------------
At 31 May 2024	36,659	142,857	6,946	194,522	20,952	401,936
	----------	----------	--------	----------	--------	-------------

7. Debtors

	2025	2024
	£	£
Trade debtors	275,453	287,445
Prepayments	4,740	11,425
Amounts recoverable on contracts	4,595	6,400
	----------	----------
	284,788	305,270
	----------	----------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	115,144	114,488
Amounts owed to group undertakings	115,000	161,200
Accruals and deferred income	5,120	5,282
Corporation tax	57,928	25,139
Social security and other taxes	41,514	14,722
Obligations under finance leases and hire purchase contracts	54,382	47,147
Director loan accounts	548	1,338
Other creditors	17,293	39,988
	----------	----------
	406,929	409,304
	----------	----------

The hire purchase creditors are secured on the relevant assets under the agreement.

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

	2025	2024
	£	£
Obligations under finance leases and hire purchase contracts	124,284	157,726
Deferred Income (Government Grants)	1,485	1,980
	----------	----------
	125,769	159,706
	----------	----------

10. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	–	1,030
	----	-------

11. Related party transactions

During the year the directors made available loans totalling £ 548 . The loans are repayable on demand. Interest is charged on the loans at 1% above the Bank of England base rate.

12. Controlling party

The company is a 80% subsidiary of Calm Attire Holdings Limited, a company registered in England and Wales.