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Company Registration No. 09267142 (England and Wales)
SG Sports Equipment Limited Unaudited accounts for the year ended 31 March 2024
SG Sports Equipment Limited Unaudited accounts Contents
Page
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SG Sports Equipment Limited Company Information for the year ended 31 March 2024
Directors
G Johns S Johns
Company Number
09267142 (England and Wales)
Registered Office
Warrington Business Centre Gilbert Wakefield House Warrington WA2 7JQ
Accountants
7PDS Accountancy Services Limited 20 Maiden Close Skelmersdale Skelmersdale LANCASHIRE WN8 8JL
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of SG Sports Equipment Limited for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of SG Sports Equipment Limited for the year ended 31 March 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
7PDS Accountancy Services Limited Member in Practice 20 Maiden Close Skelmersdale Skelmersdale LANCASHIRE WN8 8JL 23 December 2024
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SG Sports Equipment Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
4,119 
3,928 
Cash at bank and in hand
13,327 
9,777 
17,446 
13,705 
Creditors: amounts falling due within one year
(29,807)
(21,035)
Net current liabilities
(12,361)
(7,330)
Net liabilities
(12,361)
(7,330)
Capital and reserves
Profit and loss account
(12,361)
(7,330)
Shareholders' funds
(12,361)
(7,330)
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 23 December 2024 and were signed on its behalf by
G Johns Director Company Registration No. 09267142
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SG Sports Equipment Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
SG Sports Equipment Limited is a private company, limited by shares, registered in England and Wales, registration number 09267142. The registered office is Warrington Business Centre, Gilbert Wakefield House, Warrington, WA2 7JQ.
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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
718 
836 
Trade debtors
3,401 
3,092 
4,119 
3,928 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
9,915 
15,239 
VAT
3,292 
- 
Trade creditors
14,899 
3,721 
Taxes and social security
926 
1,283 
Other creditors
25 
20 
Accruals
750 
772 
29,807 
21,035 
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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