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Company Registration No. 04149294 (England and Wales)
SDG Investments Limited Unaudited accounts for the year ended 31 March 2024
SDG Investments Limited Unaudited accounts Contents
Page
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SDG Investments Limited Company Information for the year ended 31 March 2024
Director
Mr S D Gordon
Secretary
Mrs N C Gordon
Company Number
04149294 (England and Wales)
Registered Office
Unit 5 Swaker Yard 2b Theobald Street Herts NW7 2AS United Kingdom
Accountants
Platts Unit 5 Swaker Yard 2b Theobald Street Herts WD6 4SE
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SDG Investments Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,219 
8,291 
Current assets
Debtors
208,935 
380,198 
Cash at bank and in hand
448,442 
182,396 
657,377 
562,594 
Creditors: amounts falling due within one year
(712,119)
(485,344)
Net current (liabilities)/assets
(54,742)
77,250 
Total assets less current liabilities
(48,523)
85,541 
Creditors: amounts falling due after more than one year
(43,898)
(128,646)
Net liabilities
(92,421)
(43,105)
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
(92,425)
(43,109)
Shareholders' funds
(92,421)
(43,105)
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 director acknowledges his 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 and authorised for issue on 25 February 2025 and were signed on its behalf by
Mr S D Gordon Director Company Registration No. 04149294
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SDG Investments Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
SDG Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 04149294. The registered office is Unit 5 Swaker Yard, 2b Theobald Street, Herts, NW7 2AS, United Kingdom.
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.
Turnover
Turnover comprises income from financial futures and options trading.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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SDG Investments Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
42,123 
At 31 March 2024
42,123 
Depreciation
At 1 April 2023
33,832 
Charge for the year
2,072 
At 31 March 2024
35,904 
Net book value
At 31 March 2024
6,219 
At 31 March 2023
8,291 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,989 
5,162 
Other debtors
206,946 
375,036 
208,935 
380,198 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
85,261 
38,705 
Amounts owed to group undertakings and other participating interests
507,176 
310,338 
Taxes and social security
115,392 
128,111 
Other creditors
- 
3,900 
Accruals
4,290 
4,290 
712,119 
485,344 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
43,898 
128,646 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4 
4 
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SDG Investments Limited Notes to the Accounts for the year ended 31 March 2024
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr S D Gordon
374,664 
- 
167,718 
206,946 
374,664 
- 
167,718 
206,946 
Included within other debtors is an amount of £206,946 (2023: £374,664) owed to the company by the director. Section 455 tax on Loans to Participators of £138,548 (2022 - £138,548) has been provided.
10
Transactions with related parties
The director and his family wholly own the entire issued ordinary share capital of the company. The amounts owed to group undertakings and other participating interests is represented by an amount in the sum of £507,176 (2023 - £310,338) to MET Traders Limited, a company in which Steven Gordon is a director and shareholder and which is interest free and repayable on demand.
11
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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