Company registration number SC678500 (Scotland)
SG MARITIME LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
PAGES FOR FILING WITH REGISTRAR
SG MARITIME LTD
Balance Sheet
As At 31 October 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
91,527
24,024
Current assets
55,154
128,903
Creditors: amounts falling due within one year
(23,045)
(39,354)
Net current assets
32,109
89,549
Total assets less current liabilities
123,636
113,573
Creditors: amounts falling due after more than one year
(77,192)
(9,165)
Accruals and deferred income
(6,986)
(5,287)
Net assets
39,458
99,121
Capital and reserves
39,458
99,121
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees

During the period, £70,967 was drawn by the directors and £112,878 was repaid. Interest of £1,024 was charged on the overdrawn balance. The balance due from the directors at the period end was £25,580 (2023 £66,468). The balance is repayable on demand and has no fixed terms of repayment.

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
1
1

SG Maritime Ltd is a private company limited by shares incorporated in Scotland. The registered office is 2 McBeath Avenue, Polbeth, West Calder, EH55 8FZ.

For the year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

SG MARITIME LTD
Balance Sheet (Continued)
As At 31 October 2024
- 2 -

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 5 March 2025
Mr S A Gilbert
Director
Company registration number SC678500 (Scotland)
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