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REGISTERED NUMBER: 09869104 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

SG Civil Engineering Ltd

SG Civil Engineering Ltd (Registered number: 09869104)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

SG Civil Engineering Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTORS: M Gallagher
S Gallagher





REGISTERED OFFICE: Enterprise House
The Courtyard
Old Court House Road
Bromborough
Merseyside
CH62 4UE





REGISTERED NUMBER: 09869104 (England and Wales)





ACCOUNTANTS: LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE

SG Civil Engineering Ltd (Registered number: 09869104)

Statement of Financial Position
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 78,604 19,619

CURRENT ASSETS
Stocks 30,850 113,346
Debtors 5 1,513,647 1,111,809
Cash at bank 645,195 91,699
2,189,692 1,316,854
CREDITORS
Amounts falling due within one year 6 1,049,818 306,385
NET CURRENT ASSETS 1,139,874 1,010,469
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,218,478

1,030,088

CREDITORS
Amounts falling due after more than one
year

7

84,375

140,625
NET ASSETS 1,134,103 889,463

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 1,134,003 889,363
SHAREHOLDERS' FUNDS 1,134,103 889,463

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 30 August 2024 and were signed on its behalf by:





S Gallagher - Director


SG Civil Engineering Ltd (Registered number: 09869104)

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

1. STATUTORY INFORMATION

SG Civil Engineering Ltd is a private company, limited by shares , registered in England and Wales. 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.

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 - 33% on reducing balance and 33% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

SG Civil Engineering Ltd (Registered number: 09869104)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 91,051
Additions 103,986
Disposals (22,027 )
At 30 November 2023 173,010
DEPRECIATION
At 1 December 2022 71,432
Charge for year 35,338
Eliminated on disposal (12,364 )
At 30 November 2023 94,406
NET BOOK VALUE
At 30 November 2023 78,604
At 30 November 2022 19,619

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 8,893 13,788
Amounts owed by group undertakings 1,157,654 579,192
Other debtors 347,100 518,829
1,513,647 1,111,809

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 225,845 233,714
Taxation and social security 64,456 64,862
Other creditors 759,517 7,809
1,049,818 306,385

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans 84,375 140,625

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
100 Ordinary £1 100 100

SG Civil Engineering Ltd (Registered number: 09869104)

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

9. RESERVES
Retained
earnings
£   

At 1 December 2022 889,363
Profit for the year 350,634
Dividends (105,994 )
At 30 November 2023 1,134,003

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end Mr S Gallagher, a director of the company, was owed by the company £74 (2022 - £7,386). This amount has been included within other creditors.

11. RELATED PARTY DISCLOSURES

Included in other debtors is an amount of £1,148,704 (2022: £579,192) owed by Cre Construction Limited. A company under common control.

Included in other creditors is an amount of £20,125 owed by City Wide Real Estates Limited. A company under common control.

12. ULTIMATE CONTROLLING PARTY

The controlling party is Mr S Gallagher.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
SG Civil Engineering Ltd (Registered number: 09869104)

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of SG Civil Engineering Ltd for the year ended 30 November 2023 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of SG Civil Engineering Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of SG Civil Engineering Ltd and state those matters that we have agreed to state to the Board of Directors of SG Civil Engineering Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SG Civil Engineering Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that SG Civil Engineering Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of SG Civil Engineering Ltd. You consider that SG Civil Engineering Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of SG Civil Engineering Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE


Date: .............................................