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Company Registration No. 11652810 (England and Wales)
SDX Management Limited Filleted accounts for the year ended 31 October 2022
SDX Management Limited Filleted accounts Contents
Page
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SDX Management Limited Company Information for the year ended 31 October 2022
Director
Stefan Dockx Xavier
Company Number
11652810 (England and Wales)
Registered Office
58 Caddington Road London NW2 1RS
Accountants
YP Finance Hawthorne House 17A Hawthorne Drive Leicester Leicestershire LE5 6DL
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SDX Management Limited Statement of financial position as at 31 October 2022
2022 
2021 
Notes
£ 
£ 
Current assets
Debtors
3,500 
3,500 
Cash at bank and in hand
310,468 
155,804 
313,968 
159,304 
Creditors: amounts falling due within one year
(217,390)
(105,232)
Net current assets
96,578 
54,072 
Net assets
96,578 
54,072 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
96,577 
54,071 
Shareholders' funds
96,578 
54,072 
For the year ending 31 October 2022 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 director acknowledges his 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 and authorised for issue on 4 August 2023 and were signed on its behalf by
Stefan Dockx Xavier Director Company Registration No. 11652810
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SDX Management Limited Notes to the Accounts for the year ended 31 October 2022
1
Statutory information
SDX Management Limited is a private company, limited by shares, registered in England and Wales, registration number 11652810. The registered office is 58 Caddington Road, London, NW2 1RS.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Other debtors
3,500 
3,500 
5
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
14,270 
1,910 
Trade creditors
50,983 
6,000 
Taxes and social security
37,826 
23,567 
Other creditors
113,328 
71,789 
Accruals
983 
1,966 
217,390 
105,232 
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SDX Management Limited Notes to the Accounts for the year ended 31 October 2022
6
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
7
Average number of employees
During the year the average number of employees was 2 (2021: 1).
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