1 September 2023 false No description of principal activity Taxfiler 2024.5 11522720business:PrivateLimitedCompanyLtd2023-09-012024-08-31 115227202023-08-31 115227202023-09-012024-08-31 11522720business:AuditExemptWithAccountantsReport2023-09-012024-08-31 11522720business:FilletedAccounts2023-09-012024-08-31 115227202024-08-31 11522720business:Director12023-09-012024-08-31 11522720business:RegisteredOffice2023-09-012024-08-31 115227202023-08-31 11522720core:WithinOneYear2024-08-31 11522720core:WithinOneYear2023-08-31 11522720core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 11522720core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 11522720core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 11522720core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 11522720core:PreviouslyStatedAmount2024-08-31 11522720core:PreviouslyStatedAmount2023-08-31 11522720business:SmallEntities2023-09-012024-08-31 11522720countries:EnglandWales2023-09-012024-08-31 11522720core:IntangibleAssetsOtherThanGoodwill2023-08-31 11522720core:IntangibleAssetsOtherThanGoodwill2024-08-31 115227202022-09-012023-08-31 iso4217:GBP xbrli:pure
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
Page
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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
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SGB VENTURES LIMITED Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Called up share capital not paid
100 
100 
Fixed assets
Intangible assets
25,021 
25,021 
Current assets
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)
Net assets
14,174 
17,112 
Capital and reserves
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
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SGB VENTURES LIMITED Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
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.
3
Accounting policies
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.
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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 September 2023
25,021 
At 31 August 2024
25,021 
Amortisation
At 1 September 2023
- 
At 31 August 2024
- 
Net book value
At 31 August 2024
25,021 
At 31 August 2023
25,021 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
18,015 
18,015 
Accruals
10,000 
10,900 
28,015 
28,915 
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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).
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