Company registration number SC678500 (Scotland)
SG MARITIME LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
PAGES FOR FILING WITH REGISTRAR
SG MARITIME LTD
Balance Sheet
As At 31 October 2023
- 1 -
2023
2022
£
£
£
£
Fixed assets
24,024
27,872
Current assets
128,903
51,345
Creditors: amounts falling due within one year
(39,354)
(24,440)
Net current assets
89,549
26,905
Total assets less current liabilities
113,573
54,777
Creditors: amounts falling due after more than one year
(9,165)
(16,302)
Accruals and deferred income
(5,287)
(5,073)
Net assets
99,121
33,402
Capital and reserves
99,121
33,402
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
During the period, £51,470 was drawn by the directors and £10,140 was repaid. Interest of £898 was charged on the overdrawn balance. The balance due from the directors at the period end was £66,468 (2022 £24,240). The balance owed is interest free, repayable on demand and has no fixed terms of repayment.
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
1
SG Maritime Ltd is a private company limited by shares incorporated in Scotland. The registered office is 4 Wright Place, Bathgate, EH48 2XB.
For the year ended 31 October 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.
SG MARITIME LTD
Balance Sheet (Continued)
As At 31 October 2023
- 2 -
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 financial statements were approved and signed by the director and authorised for issue on 20 March 2024
Mr S A Gilbert
Director
Company registration number SC678500 (Scotland)