IRIS Accounts Production v23.3.0.418 07697726 Board of Directors Board of Directors 1.6.22 31.5.23 31.5.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure076977262022-05-31076977262023-05-31076977262022-06-012023-05-31076977262021-05-31076977262021-06-012022-05-31076977262022-05-3107697726ns16:EnglandWales2022-06-012023-05-3107697726ns15:PoundSterling2022-06-012023-05-3107697726ns11:Director12022-06-012023-05-3107697726ns11:Director22022-06-012023-05-3107697726ns11:PrivateLimitedCompanyLtd2022-06-012023-05-3107697726ns11:SmallEntities2022-06-012023-05-3107697726ns11:AuditExempt-NoAccountantsReport2022-06-012023-05-3107697726ns11:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3107697726ns11:SmallCompaniesRegimeForAccounts2022-06-012023-05-3107697726ns11:FullAccounts2022-06-012023-05-3107697726ns11:RegisteredOffice2022-06-012023-05-3107697726ns6:CurrentFinancialInstruments2023-05-3107697726ns6:CurrentFinancialInstruments2022-05-3107697726ns6:Non-currentFinancialInstruments2023-05-3107697726ns6:Non-currentFinancialInstruments2022-05-3107697726ns6:ShareCapital2023-05-3107697726ns6:ShareCapital2022-05-3107697726ns6:RetainedEarningsAccumulatedLosses2023-05-3107697726ns6:RetainedEarningsAccumulatedLosses2022-05-3107697726ns6:FurnitureFittings2022-05-3107697726ns6:MotorVehicles2022-05-3107697726ns6:FurnitureFittings2022-06-012023-05-3107697726ns6:MotorVehicles2022-06-012023-05-3107697726ns6:FurnitureFittings2023-05-3107697726ns6:MotorVehicles2023-05-3107697726ns6:FurnitureFittings2022-05-3107697726ns6:MotorVehicles2022-05-3107697726ns6:WithinOneYearns6:CurrentFinancialInstruments2023-05-3107697726ns6:WithinOneYearns6:CurrentFinancialInstruments2022-05-31
REGISTERED NUMBER: 07697726 (England and Wales)















SRG SPECIAL PROJECTS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023






SRG SPECIAL PROJECTS LTD (REGISTERED NUMBER: 07697726)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SRG SPECIAL PROJECTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTORS: N Burns
M Pask





REGISTERED OFFICE: Suite 28
8 Shepherd Market
Mayfair
London
W1J 7JY





REGISTERED NUMBER: 07697726 (England and Wales)





ACCOUNTANTS: Spurling Cannon
Chartered Certified Accountants
424 Margate Road
Westwood
Ramsgate
Kent
CT12 6SJ

SRG SPECIAL PROJECTS LTD (REGISTERED NUMBER: 07697726)

BALANCE SHEET
31 MAY 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 53,751 28,061

CURRENT ASSETS
Debtors 5 495,138 667,067
Cash at bank and in hand 31,329 149,779
526,467 816,846
CREDITORS
Amounts falling due within one year 6 (46,202 ) (117,288 )
NET CURRENT ASSETS 480,265 699,558
TOTAL ASSETS LESS CURRENT
LIABILITIES

534,016

727,619

CREDITORS
Amounts falling due after more than one
year

7

(938

)

-
NET ASSETS 533,078 727,619

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 533,077 727,618
533,078 727,619

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

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

The directors acknowledge their 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.

SRG SPECIAL PROJECTS LTD (REGISTERED NUMBER: 07697726)

BALANCE SHEET - continued
31 MAY 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2023 and were signed on its behalf by:




N Burns - Director



M Pask - Director


SRG SPECIAL PROJECTS LTD (REGISTERED NUMBER: 07697726)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1. STATUTORY INFORMATION

Srg Special Projects 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

SRG SPECIAL PROJECTS LTD (REGISTERED NUMBER: 07697726)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023

4. TANGIBLE FIXED ASSETS
Fixture & Motor
Fittings vehicles Totals
£    £    £   
COST
At 1 June 2022 27,015 40,957 67,972
Additions 43,604 - 43,604
At 31 May 2023 70,619 40,957 111,576
DEPRECIATION
At 1 June 2022 16,064 23,847 39,911
Charge for year 13,639 4,275 17,914
At 31 May 2023 29,703 28,122 57,825
NET BOOK VALUE
At 31 May 2023 40,916 12,835 53,751
At 31 May 2022 10,951 17,110 28,061

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 32,792 199,778
Amounts owed by group undertakings 294,101 442,738
Other debtors 168,245 24,551
495,138 667,067

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Finance leases 2,712 5,834
Trade creditors 25,140 40,967
Amounts owed to group undertakings 14,143 14,143
Taxation and social security - 49,073
Other creditors 4,207 7,271
46,202 117,288

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Finance leases 938 -