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Company Registration No. 11019776 (England and Wales)
SF Industries Limited Unaudited accounts for the year ended 31 December 2023
SF Industries Limited Unaudited accounts Contents
Page
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SF Industries Limited Company Information for the year ended 31 December 2023
Director
Sebastian Ferraccu
Company Number
11019776 (England and Wales)
Registered Office
25 Eccleston Place London SW1W 9NF
Accountants
Warwick McArdle 55 Ellerton Road London SW18 3NQ
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SF Industries Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
797 
- 
Current assets
Debtors
37,486 
34,384 
Cash at bank and in hand
162 
43,509 
37,648 
77,893 
Creditors: amounts falling due within one year
(44,806)
(77,886)
Net current (liabilities)/assets
(7,158)
7 
Total assets less current liabilities
(6,361)
7 
Provisions for liabilities
Deferred tax
(159)
- 
Net (liabilities)/assets
(6,520)
7 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(6,521)
6 
Shareholders' funds
(6,520)
7 
For the year ending 31 December 2023 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 29 October 2024 and were signed on its behalf by
Sebastian Ferraccu Director Company Registration No. 11019776
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SF Industries Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
SF Industries Limited is a private company, limited by shares, registered in England and Wales, registration number 11019776. The registered office is 25 Eccleston Place, London, SW1W 9NF.
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.
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:
Computer equipment
3 years straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
- 
Additions
1,195 
At 31 December 2023
1,195 
Depreciation
Charge for the year
398 
At 31 December 2023
398 
Net book value
At 31 December 2023
797 
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SF Industries Limited Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
200 
Other debtors
37,486 
34,184 
37,486 
34,384 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
36,166 
37,085 
Trade creditors
2,642 
980 
Taxes and social security
5,998 
39,821 
44,806 
77,886 
7
Loans to directors
At the period end the director owed the company £37,486 (2022: £34,184).
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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