Company registration number 12149348 (England and Wales)
SGSA ELECTRICAL LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
PAGES FOR FILING WITH REGISTRAR
SGSA ELECTRICAL LIMITED
BALANCE SHEET
AS AT 31 AUGUST 2023
31 August 2023
- 1 -
2023
2022
£
£
£
£
Current assets
85,784
47,617
Prepayments and accrued income
548
248
Creditors: amounts falling due within one year
(83,923)
(45,679)
Net current assets
2,409
2,186
Accruals and deferred income
(1,313)
(1,213)
Net assets
1,096
973
Capital and reserves
1,096
973
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
As at the year end, a director owed the company £59,422 (2022: £30,097). The loan carried interest at a rate of 2%.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
1
2
SGSA Electrical Limited is a private company limited by shares incorporated in England and Wales. The registered office is 4th Floor, Park Gate, 161-163 Preston Road, Brighton, East Sussex, BN1 6AF.
For the year ended 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
SGSA ELECTRICAL LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2023
31 August 2023
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 30 January 2024 and are signed on its behalf by:
..............................................
Mr S Smith
Director
Company registration number 12149348 (England and Wales)