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REGISTERED NUMBER: 09188719















Financial Statements for the Year Ended 30 August 2023

for

SSD Global Limited

SSD Global Limited (Registered number: 09188719)






Contents of the Financial Statements
for the Year Ended 30 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SSD Global Limited

Company Information
for the Year Ended 30 August 2023







DIRECTOR: Mr S Sharma





REGISTERED OFFICE: 46 Houghton Place
BRADFORD
BD1 3RG





REGISTERED NUMBER: 09188719





ACCOUNTANTS: Abraham Accountants
Sher House
46 Houghton Place
Bradford
West Yorkshire
BD1 3RG

SSD Global Limited (Registered number: 09188719)

Balance Sheet
30 August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 26,000 27,368
Tangible assets 5 8,315 10,702
34,315 38,070

CURRENT ASSETS
Stocks 65,524 68,829
Cash at bank and in hand 33,844 56,180
99,368 125,009
CREDITORS
Amounts falling due within one year 6 45,113 67,316
NET CURRENT ASSETS 54,255 57,693
TOTAL ASSETS LESS CURRENT
LIABILITIES

88,570

95,763

CREDITORS
Amounts falling due after more than
one year

7

(29,182

)

(37,983

)

PROVISIONS FOR LIABILITIES (1,580 ) (2,033 )
NET ASSETS 57,808 55,747

SSD Global Limited (Registered number: 09188719)

Balance Sheet - continued
30 August 2023

2023 2022
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 57,708 55,647
SHAREHOLDERS' FUNDS 57,808 55,747

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 August 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 11 March 2024 and were signed by:





Mr S Sharma - Director


SSD Global Limited (Registered number: 09188719)

Notes to the Financial Statements
for the Year Ended 30 August 2023

1. STATUTORY INFORMATION

SSD Global Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


SSD Global Limited (Registered number: 09188719)

Notes to the Financial Statements - continued
for the Year Ended 30 August 2023

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 31 August 2022
and 30 August 2023 42,000
AMORTISATION
At 31 August 2022 14,632
Charge for year 1,368
At 30 August 2023 16,000
NET BOOK VALUE
At 30 August 2023 26,000
At 30 August 2022 27,368

SSD Global Limited (Registered number: 09188719)

Notes to the Financial Statements - continued
for the Year Ended 30 August 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 31 August 2022 42,850
Additions 384
At 30 August 2023 43,234
DEPRECIATION
At 31 August 2022 32,148
Charge for year 2,771
At 30 August 2023 34,919
NET BOOK VALUE
At 30 August 2023 8,315
At 30 August 2022 10,702

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2023 2022
£    £   
Taxation and social security 1,315 2,758
Other creditors 43,798 64,558
45,113 67,316

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
2023 2022
£    £   
Other creditors 29,182 37,983

SSD Global Limited (Registered number: 09188719)

Notes to the Financial Statements - continued
for the Year Ended 30 August 2023

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 August 2023 and 30 August 2022:

2023 2022
£    £   
Mr S Sharma
Balance outstanding at start of year 64,558 66,060
Amounts repaid (20,760 ) (1,502 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 43,798 64,558

All directors advances are payable on demand.