Registered number
14872106
SEDAS G3 LTD
Filleted Accounts
31 May 2024
SEDAS G3 LTD
Registered number: 14872106
Balance Sheet
as at 31 May 2024
Notes 2024
£
Current assets
Debtors 3 782,105
Creditors: amounts falling due within one year 4 (782,868)
Net current liabilities (763)
Net liabilities (763)
Capital and reserves
Called up share capital 1
Profit and loss account (764)
Shareholders' funds (763)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Teerath Marco Singh Atwal
Director
Approved by the board on 13 February 2025
SEDAS G3 LTD
Notes to the Accounts
for the year ended 31 May 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024
Number
Average number of persons employed by the company 0
3 Debtors 2024
£
Other debtors 782,105
4 Creditors: amounts falling due within one year 2024
£
Other creditors 782,868
5 Other information
SEDAS G3 LTD is a private company limited by shares and incorporated in England. Its registered office is:
Unit 9, Gemini Business Park
Sheepscar way
Leeds
LS7 3JB
SEDAS G3 LTD 14872106 false 2023-06-01 2024-05-31 2024-05-31 VT Final Accounts April 2022 Teerath Marco Singh Atwal No description of principal activity 14872106 2023-06-01 2024-05-31 14872106 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 14872106 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 14872106 bus:Director40 2023-06-01 2024-05-31 14872106 1 2023-06-01 2024-05-31 14872106 2 2023-06-01 2024-05-31 14872106 countries:England 2023-06-01 2024-05-31 14872106 bus:FRS102 2023-06-01 2024-05-31 14872106 bus:FullAccounts 2023-06-01 2024-05-31 14872106 2024-05-31 14872106 core:WithinOneYear 2024-05-31 14872106 core:ShareCapital 2024-05-31 14872106 core:RetainedEarningsAccumulatedLosses 2024-05-31 14872106 2023-05-31 iso4217:GBP xbrli:pure