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REGISTERED NUMBER: 06608939 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

S G Rigging Ltd

S G Rigging Ltd (Registered number: 06608939)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


S G Rigging Ltd

COMPANY INFORMATION
for the Year Ended 30 June 2023







DIRECTORS: Mr S J Gallagher
Mrs T P Gallagher





SECRETARY: Mrs T P Gallagher





REGISTERED OFFICE: Units SCF 1 & 2
Western International Market
Hayes Road
Southall
Middlesex
UB2 5XJ





REGISTERED NUMBER: 06608939 (England and Wales)





ACCOUNTANTS: Cooper Dawn Jerrom Limited
Chartered Accountants
Units SCF 1 & 2
Western International Market
Hayes Road
Southall
Middlesex
UB2 5XJ

S G Rigging Ltd (Registered number: 06608939)

BALANCE SHEET
30 June 2023

30.6.23 30.6.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 58,957 22,543

CURRENT ASSETS
Debtors 5 25,720 17,838
Cash at bank 409,001 239,023
434,721 256,861
CREDITORS
Amounts falling due within one year 6 (149,541 ) (120,887 )
NET CURRENT ASSETS 285,180 135,974
TOTAL ASSETS LESS CURRENT
LIABILITIES

344,137

158,517

CREDITORS
Amounts falling due after more than one year 7 (30,091 ) (44,763 )
NET ASSETS 314,046 113,754

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 314,045 113,753
SHAREHOLDERS' FUNDS 314,046 113,754

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 Board of Directors and authorised for issue on 7 March 2024 and were signed on its behalf by:





Mr S J Gallagher - Director


S G Rigging Ltd (Registered number: 06608939)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

S G Rigging 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.
Plant and machinery - 25% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 July 2022 64,980 27,762 2,114 94,856
Additions 53,931 - - 53,931
At 30 June 2023 118,911 27,762 2,114 148,787
DEPRECIATION
At 1 July 2022 48,580 22,787 946 72,313
Charge for year 15,426 1,498 593 17,517
At 30 June 2023 64,006 24,285 1,539 89,830
NET BOOK VALUE
At 30 June 2023 54,905 3,477 575 58,957
At 30 June 2022 16,400 4,975 1,168 22,543

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 25,720 17,838

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts 2,064 4,041
Taxation and social security 142,475 112,651
Other creditors 5,002 4,195
149,541 120,887

S G Rigging Ltd (Registered number: 06608939)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans 30,091 44,763

8. ULTIMATE CONTROLLING PARTY

The Ultimate Controlling Party are the Directors.