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REGISTERED NUMBER: 10352604 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

SFR GROUP LIMITED

SFR GROUP LIMITED (REGISTERED NUMBER: 10352604)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 29 February 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


SFR GROUP LIMITED

COMPANY INFORMATION
for the year ended 29 February 2024







DIRECTORS: T D Atkin
Mrs J A Atkin



REGISTERED OFFICE: Elm Farmhouse
The Lane
Frankton
Nr Rugby
Warwickshire
CV23 9PJ



REGISTERED NUMBER: 10352604 (England and Wales)



BANKERS: Barclays Bank Plc
PO Box 11
North Street
Rugby
CV21 2AN

SFR GROUP LIMITED (REGISTERED NUMBER: 10352604)

ABRIDGED BALANCE SHEET
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 526,504 526,504

CURRENT ASSETS
Debtors 1,625,074 934,042
Cash at bank 1,766,991 1,653,857
3,392,065 2,587,899
CREDITORS
Amounts falling due within one year 207,759 76,562
NET CURRENT ASSETS 3,184,306 2,511,337
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,710,810

3,037,841

CAPITAL AND RESERVES
Called up share capital 5 100 100
Retained earnings 3,710,710 3,037,741
SHAREHOLDERS' FUNDS 3,710,810 3,037,841

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 29 February 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 1 October 2024 and were signed on its behalf by:



T D Atkin - Director


SFR GROUP LIMITED (REGISTERED NUMBER: 10352604)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 29 February 2024

1. STATUTORY INFORMATION

SFR Group Limited 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The financial statements are presented in sterling which is the functional currency of the company and is rounded to the nearest £1.

Preparation of consolidated financial statements
The financial statements contain information about SFR Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover comprises the value of sales (net of value added tax) of goods and services provided in the normal course of business. Revenue is recognised in respect of service contracts when the company obtains the right to consideration.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Investments
Fixed asset investments are stated at fair value. In the opinion of the directors the fair value is materially equal to the cost incurred on purchase.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

SFR GROUP LIMITED (REGISTERED NUMBER: 10352604)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 29 February 2024

4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 March 2023
and 29 February 2024 526,504
NET BOOK VALUE
At 29 February 2024 526,504
At 28 February 2023 526,504

Fixed asset investments were valued on a fair value basis on 29 February 2024 by the directors.

The fair value of these assets is materially equal to the cost incurred on purchase.

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

6. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.