Company Registration No. 09964443 (England and Wales)
SGDB Limited
Unaudited accounts
for the year ended 28 February 2023
SGDB Limited
Unaudited accounts
Contents
SGDB Limited
Company Information
for the year ended 28 February 2023
Directors
Stephen Gilbert
Beverley Gilbert
Company Number
09964443 (England and Wales)
Registered Office
THE GRIFFIN
HIGH STREET
GODSHILL
ISLE OF WIGHT
PO38 3JD
UNITED KINGDOM
Accountants
Craig Skeggs Accountancy Services
5 Worcester Road
Newport
Isle of Wight
PO30 5SE
SGDB Limited
Statement of financial position
as at 28 February 2023
Tangible assets
319
44,415
Cash at bank and in hand
70,034
173,548
Creditors: amounts falling due within one year
(14,827)
(57,478)
Net current assets
55,207
132,671
Total assets less current liabilities
55,526
177,086
Creditors: amounts falling due after more than one year
-
(37,991)
Provisions for liabilities
Deferred tax
(3,206)
(3,206)
Called up share capital
2
2
Profit and loss account
52,318
135,887
Shareholders' funds
52,320
135,889
For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 October 2023 and were signed on its behalf by
Stephen Gilbert
Director
Company Registration No. 09964443
SGDB Limited
Notes to the Accounts
for the year ended 28 February 2023
SGDB Limited is a private company, limited by shares, registered in England and Wales, registration number 09964443. The registered office is THE GRIFFIN, HIGH STREET, GODSHILL, ISLE OF WIGHT, PO38 3JD, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 28 February 2023
30,603
At 28 February 2023
30,603
SGDB Limited
Notes to the Accounts
for the year ended 28 February 2023
5
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 March 2022
52,944
47,745
100,689
Disposals
(52,944)
(49,252)
(102,196)
At 28 February 2023
-
1,482
1,482
At 1 March 2022
25,404
30,870
56,274
Charge for the year
4,234
3,994
8,228
On disposals
(29,638)
(33,701)
(63,339)
At 28 February 2023
-
1,163
1,163
At 28 February 2023
-
319
319
At 28 February 2022
27,540
16,875
44,415
Amounts falling due within one year
Accrued income and prepayments
-
13,101
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
10,014
Trade creditors
3,662
20,118
Taxes and social security
-
14,366
Loans from directors
637
2,921
8
Creditors: amounts falling due after more than one year
2023
2022
9
Average number of employees
During the year the average number of employees was 22 (2022: 22).