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REGISTERED NUMBER: 04753430















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1ST JULY 2022 TO 30TH DECEMBER 2023

FOR

SGF GLOBAL ENGINEERING LIMITED

SGF GLOBAL ENGINEERING LIMITED (REGISTERED NUMBER: 04753430)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 1st July 2022 to 30th December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SGF GLOBAL ENGINEERING LIMITED

COMPANY INFORMATION
for the Period 1st July 2022 to 30th December 2023







DIRECTORS: Mr S L Dwek
Mr M D Sion Voiculescu





SECRETARY: Mr S L Dwek





REGISTERED OFFICE: 100 Barbirolli Square
M2 3BD
Manchester
M15 4PN





REGISTERED NUMBER: 04753430





ACCOUNTANTS: KJG
100 Barbirolli Square
Manchester
M2 3BD

SGF GLOBAL ENGINEERING LIMITED (REGISTERED NUMBER: 04753430)

BALANCE SHEET
30th December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 - 1

CURRENT ASSETS
Debtors 5 45,054 47,160
Cash at bank 21,180 255
66,234 47,415
CREDITORS
Amounts falling due within one year 6 (28,126 ) (24,891 )
NET CURRENT ASSETS 38,108 22,524
TOTAL ASSETS LESS CURRENT LIABILITIES 38,108 22,525

CAPITAL AND RESERVES
Called up share capital 7 40,100 40,100
Retained earnings (1,992 ) (17,575 )
SHAREHOLDERS' FUNDS 38,108 22,525

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th December 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.

SGF GLOBAL ENGINEERING LIMITED (REGISTERED NUMBER: 04753430)

BALANCE SHEET - continued
30th December 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31st January 2024 and were signed on its behalf by:





Mr S L Dwek - Director


SGF GLOBAL ENGINEERING LIMITED (REGISTERED NUMBER: 04753430)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 1st July 2022 to 30th December 2023


1. STATUTORY INFORMATION

SGF Global Engineering Limited is a private company, limited by shares, registered in England and Wales, registration number 04753430. The address of the registered office is 100 Barbirolli Square, Manchester, M2 3BD, and the principal place of business is 4 Westmoreland House, Cumberland Park, Scrbs Lane, London, NW10 6RE.

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. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Turnover is generated from the provision of employment agency services.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Depreciation on tangible fixed assets are charged to the profit and loss so as to write off their value, over their estimated useful lives, using the following methods:

Fixtures and fittings-15% reducing balance

At each balance sheet date, the Company reviews the carrying amounts of its tangible fixed assets to determine whether there is any indication that any items of tangible fixed assets have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.

If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately.

Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand.

SGF GLOBAL ENGINEERING LIMITED (REGISTERED NUMBER: 04753430)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1st July 2022 to 30th December 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1st July 2022
and 30th December 2023 2,884
DEPRECIATION
At 1st July 2022 2,883
Charge for period 1
At 30th December 2023 2,884
NET BOOK VALUE
At 30th December 2023 -
At 30th June 2022 1

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 45,000 45,000
Other debtors 54 2,160
45,054 47,160

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 56
Taxation and social security 858 -
Other creditors 27,268 24,835
28,126 24,891

SGF GLOBAL ENGINEERING LIMITED (REGISTERED NUMBER: 04753430)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1st July 2022 to 30th December 2023


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
40,100 Ordinary £1 40,100 40,100