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COMPANY REGISTRATION NUMBER: 02480011
S.G.Electrics Limited
Filleted Unaudited Financial Statements
21 February 2025
S.G.Electrics Limited
Statement of Financial Position
21 February 2025
Period from
1 Sep 24 to
Year to
21 Feb 25
31 Aug 24
£
£
£
Fixed assets
3,637
4,373
-------
-------
Current assets
832,276
1,035,379
Creditors: amounts falling due within one year
( 8,621)
( 19,340)
---------
------------
Net current assets
823,655
1,016,039
---------
------------
Total assets less current liabilities
827,292
1,020,412
Accruals and deferred income
( 4,100)
( 4,470)
---------
------------
823,192
1,015,942
---------
------------
Capital and reserves
823,192
1,015,942
---------
------------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the period amounted to Nil (2024: 1 ).
2. Director's advances, credits and guarantees
During the period the director entered into the following advances and credits with the company:
21 Feb 25
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
S.C Galer
161,124
173,628
( 264,490)
70,262
---------
---------
---------
--------
31 Aug 24
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
S.C Galer
284,476
101,620
( 224,972)
161,124
---------
---------
---------
---------
The loan is interest free and repayable on demand
For the period ending 21 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 22 February 2025 , and are signed on behalf of the board by:
S.C Galer
Director
Company registration number: 02480011
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 Town Quay Wharf, Abbey Road, Barking, Essex, IG11 7BZ.