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Company Registration No. 10679249 (England and Wales)
SGP-DO LTD Unaudited accounts for the year ended 31 March 2023
SGP-DO LTD Unaudited accounts Contents
Page
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SGP-DO LTD Company Information for the year ended 31 March 2023
Director
Stiliyan Pekov
Company Number
10679249 (England and Wales)
Registered Office
3 RIPLEY GROVE DUDLEY DY1 3TA ENGLAND
Accountants
DoKument Ltd Corbet Arms High Street Market Drayton Shropshire TF9 1PY
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SGP-DO LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
837 
1,116 
Current assets
Cash at bank and in hand
5,042 
7,000 
Creditors: amounts falling due within one year
(5,772)
(7,129)
Net current liabilities
(730)
(129)
Total assets less current liabilities
107 
987 
Creditors: amounts falling due after more than one year
- 
(801)
Net assets
107 
186 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
106 
185 
Shareholders' funds
107 
186 
For the year ending 31 March 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 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 7 October 2023 and were signed on its behalf by
Stiliyan Pekov Director Company Registration No. 10679249
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SGP-DO LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
SGP-DO LTD is a private company, limited by shares, registered in England and Wales, registration number 10679249. The registered office is 3 RIPLEY GROVE, DUDLEY, DY1 3TA, ENGLAND.
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
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.
Presentation currency
The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest £1.
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:
Plant & machinery
15% Reducing balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2022
4,700 
At 31 March 2023
4,700 
Depreciation
At 1 April 2022
3,584 
Charge for the year
279 
At 31 March 2023
3,863 
Net book value
At 31 March 2023
837 
At 31 March 2022
1,116 
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SGP-DO LTD Notes to the Accounts for the year ended 31 March 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
730 
800 
VAT
3,855 
7,320 
Taxes and social security
516 
1,405 
Loans from directors
465 
(2,747)
Accruals
206 
351 
5,772 
7,129 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
- 
801 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Loans to directors
As of 31 March 2022, the director of the company owed £4,217 to the company (31 March 2021; £0,00) in respect of interest free loan, which is repayable on demand.
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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