Company Registration No. 11522720 (England and Wales)
SGB VENTURES LIMITED
Unaudited accounts
for the year ended 31 August 2024
SGB VENTURES LIMITED
Unaudited accounts
Contents
SGB VENTURES LIMITED
Company Information
for the year ended 31 August 2024
Director
Ronak Narottam RAJDEV
Company Number
11522720 (England and Wales)
Registered Office
1 SOVEREIGN CLOSE
RUISLIP
HA4 7EF
UNITED KINGDOM
Accountants
Naeem Tabassum
21 Leamington Crescent, Harrow
Harrow
Middlesex
London
HA2 9HH
SGB VENTURES LIMITED
Statement of financial position
as at 31 August 2024
Called up share capital not paid
100
100
Intangible assets
25,021
25,021
Cash at bank and in hand
17,068
20,906
Creditors: amounts falling due within one year
(28,015)
(28,915)
Net current liabilities
(10,947)
(8,009)
Called up share capital
45,100
45,100
Profit and loss account
(30,926)
(27,988)
Shareholders' funds
14,174
17,112
For the year ending 31 August 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 13 September 2024 and were signed on its behalf by
Ronak Narottam RAJDEV
Director
Company Registration No. 11522720
SGB VENTURES LIMITED
Notes to the Accounts
for the year ended 31 August 2024
SGB VENTURES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11522720. The registered office is 1 SOVEREIGN CLOSE, RUISLIP, HA4 7EF, UNITED KINGDOM.
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.
These financial statements for the year ended 31 August 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 1 September 2023
25,021
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
18,015
18,015
SGB VENTURES LIMITED
Notes to the Accounts
for the year ended 31 August 2024
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).