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REGISTERED NUMBER: 06858898 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

SCG Services Group Limited

SCG Services Group Limited (Registered number: 06858898)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


SCG Services Group Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: K R Payton





REGISTERED OFFICE: 7 The Oaks
Clews Road
Oakenshaw
Redditch
Worcestershire
B98 7ST





REGISTERED NUMBER: 06858898 (England and Wales)





ACCOUNTANTS: Davies Archytas Accountants Ltd
14 The Oaks
Clews Road
Redditch
Worcestershire
B98 7ST

SCG Services Group Limited (Registered number: 06858898)

Abridged Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
CURRENT ASSETS
Stocks - 7,995
Debtors 22,215 31,416
Cash at bank and in hand 5,423 7,918
27,638 47,329
CREDITORS
Amounts falling due within one year 23,953 21,144
NET CURRENT ASSETS 3,685 26,185
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,685

26,185

CREDITORS
Amounts falling due after more than one year 12,500 22,500
NET (LIABILITIES)/ASSETS (8,815 ) 3,685

CAPITAL AND RESERVES
Called up share capital 5 100 100
Retained earnings (8,915 ) 3,585
SHAREHOLDERS' FUNDS (8,815 ) 3,685

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

SCG Services Group Limited (Registered number: 06858898)

Abridged Balance Sheet - continued
31 March 2024


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 Income Statement and an abridged Balance Sheet for the year ended 31 March 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 director and authorised for issue on 14 May 2024 and were signed by:





K R Payton - Director


SCG Services Group Limited (Registered number: 06858898)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

SCG Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 1 ).

SCG Services Group Limited (Registered number: 06858898)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. LOANS

An analysis of the maturity of loans is given below:

31.3.24 31.3.23
£    £   
Amounts falling due within one year or on demand:
Bank loans 10,000 10,000

Amounts falling due between one and two years:
Bank loans - 1-2 years 10,000 10,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 2,500 12,500

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100

6. RELATED PARTY DISCLOSURES

The controlling party, K R Payton is also the controlling party of AMRLtd Limited.

At the year end date there was an amount due from AMRLtd Limited amounting to £1,400 (2023 - £2,000).

7. ULTIMATE CONTROLLING PARTY

Throughout the financial year the controlling party was K R Payton by virtue of his 100% holding of the issued share capital of the company.