IRIS Accounts Production v24.3.2.46 08998183 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh089981832023-04-30089981832024-04-30089981832023-05-012024-04-30089981832022-04-30089981832022-05-012023-04-30089981832023-04-3008998183ns15:EnglandWales2023-05-012024-04-3008998183ns14:PoundSterling2023-05-012024-04-3008998183ns10:Director12023-05-012024-04-3008998183ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3008998183ns10:SmallEntities2023-05-012024-04-3008998183ns10:AuditExemptWithAccountantsReport2023-05-012024-04-3008998183ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3008998183ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3008998183ns10:FullAccounts2023-05-012024-04-3008998183ns10:Director22023-05-012024-04-3008998183ns10:CompanySecretary12023-05-012024-04-3008998183ns10:RegisteredOffice2023-05-012024-04-3008998183ns5:CurrentFinancialInstruments2024-04-3008998183ns5:CurrentFinancialInstruments2023-04-3008998183ns5:ShareCapital2024-04-3008998183ns5:ShareCapital2023-04-3008998183ns5:RetainedEarningsAccumulatedLosses2024-04-3008998183ns5:RetainedEarningsAccumulatedLosses2023-04-3008998183ns5:FurnitureFittings2023-05-012024-04-3008998183ns5:ComputerEquipment2023-05-012024-04-3008998183ns5:FurnitureFittings2023-04-3008998183ns5:ComputerEquipment2023-04-3008998183ns5:FurnitureFittings2024-04-3008998183ns5:ComputerEquipment2024-04-3008998183ns5:FurnitureFittings2023-04-3008998183ns5:ComputerEquipment2023-04-3008998183ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3008998183ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-30
















SABGE Limited

Financial Statements for the Year Ended 30 April 2024






SABGE Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: S R Watermeyer
A E Watermeyer





SECRETARY: A E Watermeyer





REGISTERED OFFICE: 28 Saint Benedict Crescent
Heath
Cardiff
CF14 4DQ





REGISTERED NUMBER: 08998183 (England and Wales)





ACCOUNTANTS: BPU Limited
Chartered Accountants
Radnor House
Greenwood Close
Cardiff Gate Business Park
Cardiff
CF23 8AA

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
SABGE Limited


The following reproduces the text of the report prepared for the directors 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 Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors 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 SABGE Limited for the year ended 30 April 2024 which comprise the Profit and Loss Account, Balance Sheet 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 Board of Directors of SABGE Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of SABGE Limited and state those matters that we have agreed to state to the Board of Directors of SABGE Limited, as a body, 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 SABGE Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that SABGE 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 SABGE Limited. You consider that SABGE 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 SABGE 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.






BPU Limited
Chartered Accountants


29 January 2025

SABGE Limited (Registered number: 08998183)

Balance Sheet
30 April 2024

2024 2023
Notes £ £
CURRENT ASSETS
Debtors 4 9,000 14,042
Cash at bank 22,015 39,061
31,015 53,103
CREDITORS
Amounts falling due within one year 5 19,859 19,641
NET CURRENT ASSETS 11,156 33,462
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,156

33,462

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 11,056 33,362
SHAREHOLDERS' FUNDS 11,156 33,462

SABGE Limited (Registered number: 08998183)

Balance Sheet - continued
30 April 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 January 2025 and were signed on its behalf by:





A E Watermeyer - Director


SABGE Limited (Registered number: 08998183)

Notes to the Financial Statements
for the Year Ended 30 April 2024


1. 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 and rebates.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% straight line
Computer equipment - 33% straight line

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

3. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£ £ £
COST
At 1 May 2023
and 30 April 2024 4,500 1,718 6,218
DEPRECIATION
At 1 May 2023
and 30 April 2024 4,500 1,718 6,218
NET BOOK VALUE
At 30 April 2024 - - -
At 30 April 2023 - - -

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors - 2,045
Other debtors & prepayments 9,000 11,997
9,000 14,042

SABGE Limited (Registered number: 08998183)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 138 238
Taxes & social security costs 1 149
Other creditors & accruals 19,720 19,254
19,859 19,641