S G S ASSOCIATES LIMITED

Company Registration Number:
07146053 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

S G S ASSOCIATES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

S G S ASSOCIATES LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 1,346 10,819
Total fixed assets: 1,346 10,819
Current assets
Stocks: 802,140 1,035,940
Debtors:   6,363 39,744
Cash at bank and in hand: 1,650,572 1,028,471
Total current assets: 2,459,075 2,104,155
Creditors: amounts falling due within one year:   (370,657) (348,857)
Net current assets (liabilities): 2,088,418 1,755,298
Total assets less current liabilities: 2,089,764 1,766,117
Creditors: amounts falling due after more than one year:   (37,631) (45,833)
Provision for liabilities: (80,694) (80,694)
Total net assets (liabilities): 1,971,439 1,639,590
Capital and reserves
Called up share capital: 500 500
Profit and loss account: 1,970,939 1,639,090
Shareholders funds: 1,971,439 1,639,590

The notes form part of these financial statements

S G S ASSOCIATES LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 August 2024
and signed on behalf of the board by:

Name: Mr Stephen Clive Glover
Status: Director

The notes form part of these financial statements

S G S ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

S G S ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 4 4

S G S ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 91,766
Additions 955
At 31 March 2024 92,721
Depreciation
At 01 April 2023 80,947
Charge for year 10,428
At 31 March 2024 91,375
Net book value
At 31 March 2024 1,346
At 31 March 2023 10,819