IRIS Accounts Production v23.3.0.418 09136305 director 1.4.22 31.3.23 31.3.23 false true false false true false Ordinary shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh091363052022-03-31091363052023-03-31091363052022-04-012023-03-31091363052021-03-31091363052021-04-012022-03-31091363052022-03-3109136305ns10:Originalns15:EnglandWales2022-04-012023-03-3109136305ns14:PoundSterlingns10:Original2022-04-012023-03-3109136305ns10:Originalns10:Director12022-04-012023-03-3109136305ns10:Original2022-04-012023-03-3109136305ns10:Original2023-03-3109136305ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3109136305ns10:Originalns10:SmallEntities2022-04-012023-03-3109136305ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3109136305ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3109136305ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3109136305ns10:Originalns10:FullAccounts2022-04-012023-03-3109136305ns10:Originalns10:OrdinaryShareClass12022-04-012023-03-3109136305ns10:Originalns10:RegisteredOffice2022-04-012023-03-3109136305ns10:Original2022-03-3109136305ns10:Originalns5:CurrentFinancialInstruments2023-03-3109136305ns10:Originalns5:CurrentFinancialInstruments2022-03-3109136305ns5:ShareCapitalns10:Original2023-03-3109136305ns5:ShareCapitalns10:Original2022-03-3109136305ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3109136305ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3109136305ns10:Original2021-04-012022-03-3109136305ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3109136305ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3109136305ns10:Originalns10:OrdinaryShareClass12023-03-3109136305ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3109136305ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-012023-03-31
REGISTERED NUMBER: 09136305 (England and Wales)















SG Compliance Ltd

Unaudited Financial Statements

for the Year Ended 31 March 2023






SG Compliance Ltd (Registered number: 09136305)

Contents of the Financial Statements
for the year ended 31 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SG Compliance Ltd

Company Information
for the year ended 31 March 2023







Director: S V Grubb





Registered office: New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: 09136305 (England and Wales)






SG Compliance Ltd (Registered number: 09136305)

Balance Sheet
31 March 2023

2023 2022
Notes £ £
Current assets
Debtors 4 5,410 -
Cash at bank 2,065 62,107
7,475 62,107
Creditors
Amounts falling due within one year 5 4,592 37,231
Net current assets 2,883 24,876
Total assets less current liabilities 2,883 24,876

Capital and reserves
Called up share capital 6 100 100
Retained earnings 7 2,783 24,776
Shareholders' funds 2,883 24,876

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 October 2023 and were signed by:





S V Grubb - Director


SG Compliance Ltd (Registered number: 09136305)

Notes to the Financial Statements
for the year ended 31 March 2023


1. Statutory information

SG Compliance Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern
The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors, creditors, loans from the bank and other third parties, loans to related parties, and investment in ordinary shares.

Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company contributes to employees personal pension plans. Contributions are charged to the profit and loss account in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 1 (2022 - 1 ) .

4. Debtors: amounts falling due within one year
2023 2022
£ £
Directors' current accounts 3,063 -
Tax 1,335 -
VAT 1,012 -
5,410 -

SG Compliance Ltd (Registered number: 09136305)

Notes to the Financial Statements - continued
for the year ended 31 March 2023


5. Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 92 564
Tax - 12,969
Social security and other taxes - 516
VAT - 16,854
Other creditors - 1,447
Directors' current accounts - 381
Accrued expenses 4,500 4,500
4,592 37,231

6. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
100 Ordinary shares £1 100 100

7. Reserves
Retained
earnings
£

At 1 April 2022 24,776
Deficit for the year (5,993 )
Dividends (16,000 )
At 31 March 2023 2,783