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REGISTERED NUMBER: 10844857 (England and Wales)


SGM Events Limited
T/A
SGM Events

Abridged Unaudited Financial Statements

for the Year Ended 31 March 2024






SGM Events Limited (Registered number: 10844857)
T/A SGM Events






Contents of the Financial Statements
for the year ended 31 March 2024




Page

Company Information 1

Chartered Accountants' Report 2

Abridged Statement of Financial Position 3

Notes to the Financial Statements 5


SGM Events Limited
T/A SGM Events

Company Information
for the year ended 31 March 2024







DIRECTOR: Mrs H Okkan





REGISTERED OFFICE: 239-241 Kennington Lane
London
SE11 5QU





REGISTERED NUMBER: 10844857 (England and Wales)





ACCOUNTANTS: Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
SGM Events Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of SGM Events Limited for the year ended 31 March 2024 which comprise the Abridged Statement of Income and Retained Earnings, Abridged Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of SGM Events Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of SGM Events Limited and state those matters that we have agreed to state to the director of SGM Events Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SGM Events Limited and its director for our work or for this report.

It is your duty to ensure that SGM Events Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of SGM Events Limited. You consider that SGM Events Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of SGM Events Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU


30 December 2024

SGM Events Limited (Registered number: 10844857)
T/A SGM Events

Abridged Statement of Financial Position
31 March 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Inventories 46,424 47,190
Debtors 54,914 59,237
Cash at bank 1,117 6,541
102,455 112,968
CREDITORS
Amounts falling due within one year 119,386 104,523
NET CURRENT (LIABILITIES)/ASSETS (16,931 ) 8,445
TOTAL ASSETS LESS CURRENT
LIABILITIES

(16,931

)

8,445

CAPITAL AND RESERVES
Called up share capital 4 100 100
Retained earnings 5 (17,031 ) 8,345
SHAREHOLDERS' FUNDS (16,931 ) 8,445

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 her 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.

SGM Events Limited (Registered number: 10844857)
T/A SGM Events

Abridged Statement of Financial Position - 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 Statement of Income and Retained Earnings and an abridged Statement of Financial Position 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 December 2024 and were signed by:





Mrs H Okkan - Director


SGM Events Limited (Registered number: 10844857)
T/A SGM Events

Notes to the Financial Statements
for the year ended 31 March 2024

1. STATUTORY INFORMATION

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

Turnover is generated from the ordinary activities of the business and is recognised when the company obtains the right to the consideration.

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 inventories to their present location and condition.

Going concern
The financial statements have been prepared on the going concern basis on the grounds that the director will continue to provide sufficient finance to meet the liabilities as they fall due.

3. EMPLOYEES AND DIRECTORS

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

4. CALLED UP SHARE CAPITAL

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

SGM Events Limited (Registered number: 10844857)
T/A SGM Events

Notes to the Financial Statements - continued
for the year ended 31 March 2024

5. RESERVES
Retained
earnings
£   

At 1 April 2023 8,345
Deficit for the year (25,376 )
At 31 March 2024 (17,031 )

6. RELATED PARTY DISCLOSURES

Transactions with key management personnel:

Company owes £102,961 (2023 :£85,986) at balance sheet date. Interest free loan to company. Payable on demand and presented within creditors: amounts falling due within one year.