1 November 2022 false Taxfiler 2024.4 11652810business:PrivateLimitedCompanyLtd2022-11-012023-10-31 116528102022-10-31 116528102022-11-012023-10-31 11652810business:AuditExemptWithAccountantsReport2022-11-012023-10-31 11652810business:FilletedAccounts2022-11-012023-10-31 116528102023-10-31 11652810business:Director12022-11-012023-10-31 11652810business:RegisteredOffice2022-11-012023-10-31 116528102022-10-31 11652810core:WithinOneYear2023-10-31 11652810core:WithinOneYear2022-10-31 11652810core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 11652810core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 11652810core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 11652810core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 11652810core:PreviouslyStatedAmount2023-10-31 11652810core:PreviouslyStatedAmount2022-10-31 11652810business:SmallEntities2022-11-012023-10-31 11652810countries:EnglandWales2022-11-012023-10-31 11652810business:OrdinaryShareClass12022-11-012023-10-31 11652810business:OrdinaryShareClass12021-11-012022-10-31 116528102021-11-012022-10-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 11652810 (England and Wales)
SDX Management Limited Filleted accounts for the year ended 31 October 2023
SDX Management Limited Filleted accounts Contents
Page
- 2 -
SDX Management Limited Company Information for the year ended 31 October 2023
Director
Stefan Dockx Xavier
Company Number
11652810 (England and Wales)
Registered Office
71-75 Shelton Street London London WC2H 9JQ England
Accountants
YP Finance Hawthorne House 17A Hawthorne Drive Leicester Leicestershire LE5 6DL
- 3 -
SDX Management Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
34,925 
3,500 
Cash at bank and in hand
124,837 
310,468 
159,762 
313,968 
Creditors: amounts falling due within one year
(46,003)
(217,390)
Net current assets
113,759 
96,578 
Net assets
113,759 
96,578 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
113,758 
96,577 
Shareholders' funds
113,759 
96,578 
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 July 2024 and were signed on its behalf by
Stefan Dockx Xavier Director Company Registration No. 11652810
- 4 -
SDX Management Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
SDX Management Limited is a private company, limited by shares, registered in England and Wales, registration number 11652810. The registered office is 71-75 Shelton Street, London, London, WC2H 9JQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
31,425 
- 
Other debtors
3,500 
3,500 
34,925 
3,500 
- 5 -
SDX Management Limited Notes to the Accounts for the year ended 31 October 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
19,806 
14,270 
Trade creditors
14,145 
50,983 
Taxes and social security
9,352 
37,826 
Other creditors
1,696 
113,328 
Accruals
1,004 
983 
46,003 
217,390 
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
- 6 -