REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 1ST JULY 2022 TO 30TH DECEMBER 2023 |
FOR |
SGF GLOBAL ENGINEERING LIMITED |
REGISTERED NUMBER: |
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: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
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 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS |
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 |
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 |
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 |
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 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
and |
fittings |
£ |
COST |
At 1st July 2022 |
and 30th December 2023 |
DEPRECIATION |
At 1st July 2022 |
Charge for period |
At 30th December 2023 |
NET BOOK VALUE |
At 30th December 2023 |
At 30th June 2022 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans and overdrafts |
Taxation and social security |
Other creditors |
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: | £ | £ |
Ordinary | £1 | 40,100 | 40,100 |