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Company Registration No. 09381633 (England and Wales)
SGS CONSTRUCTION LTD. Unaudited accounts for the year ended 31 January 2024
SGS CONSTRUCTION LTD. Unaudited accounts Contents
Page
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SGS CONSTRUCTION LTD. Company Information for the year ended 31 January 2024
Director
Jonathan Martin West
Company Number
09381633 (England and Wales)
Registered Office
54 FRENSHAM CLOSE SOUTHALL MIDDLESEX UB1 2YG
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SGS CONSTRUCTION LTD. Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
19,710 
16,438 
Current assets
Inventories
50,000 
- 
Debtors
79,198 
107,796 
Cash at bank and in hand
48,514 
133,490 
177,712 
241,286 
Creditors: amounts falling due within one year
(363,434)
(336,843)
Net current liabilities
(185,722)
(95,557)
Total assets less current liabilities
(166,012)
(79,119)
Creditors: amounts falling due after more than one year
(33,361)
(39,373)
Net liabilities
(199,373)
(118,492)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(199,473)
(118,592)
Shareholders' funds
(199,373)
(118,492)
For the year ending 31 January 2024 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 16 July 2024 and were signed on its behalf by
Jonathan Martin West Director Company Registration No. 09381633
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SGS CONSTRUCTION LTD. Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
SGS CONSTRUCTION LTD. is a private company, limited by shares, registered in England and Wales, registration number 09381633. The registered office is 54 FRENSHAM CLOSE, SOUTHALL, MIDDLESEX, UB1 2YG.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Straightline
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 February 2023
21,917 
Additions
11,668 
At 31 January 2024
33,585 
Depreciation
At 1 February 2023
5,479 
Charge for the year
8,396 
At 31 January 2024
13,875 
Net book value
At 31 January 2024
19,710 
At 31 January 2023
16,438 
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SGS CONSTRUCTION LTD. Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
86,767 
93,902 
Other debtors
(7,569)
13,894 
79,198 
107,796 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
349,321 
260,677 
Taxes and social security
12,106 
70,251 
Other creditors
2,007 
5,915 
363,434 
336,843 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
33,361 
39,373 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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