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
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
SDX Management Limited
Statement of financial position
as at 31 October 2023
Cash at bank and in hand
124,837
310,468
Creditors: amounts falling due within one year
(46,003)
(217,390)
Net current assets
113,759
96,578
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
SDX Management Limited
Notes to the Accounts
for the year ended 31 October 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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.
Amounts falling due within one year
SDX Management Limited
Notes to the Accounts
for the year ended 31 October 2023
5
Creditors: amounts falling due within one year
2023
2022
Trade creditors
14,145
50,983
Taxes and social security
9,352
37,826
Other creditors
1,696
113,328
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).