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REGISTERED NUMBER: 07657430















REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

S-GUARD LTD

S-GUARD LTD (Registered number: 07657430)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2024




Page

Company Information 1

Report of the Directors 2

Statement of Income and Retained Earnings 3

Statement of Financial Position 4

Notes to the Financial Statements 5


S-GUARD LTD

COMPANY INFORMATION
for the Year Ended 31 MARCH 2024







DIRECTORS: R D Swann
C M Carr





REGISTERED OFFICE: The Annexe, Minerva House
Bordyke
Tonbridge
Kent
TN9 1NR





REGISTERED NUMBER: 07657430





ACCOUNTANTS: Bennett & Co
The Annexe, Minerva House
Bordyke
Tonbridge
Kent
TN9 1NR

S-GUARD LTD (Registered number: 07657430)

REPORT OF THE DIRECTORS
for the Year Ended 31 MARCH 2024

The directors present their report with the financial statements of the company for the year ended 31 March 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of computer and IT networking services.

DIVIDENDS
An interim dividend of £1,000 per share was paid on 31 March 2024. The directors recommend that no final dividend be paid.

The total distribution of dividends for the year ended 31 March 2024 will be £ 2,000 .

DIRECTORS
The directors shown below have held office during the whole of the period from 1 April 2023 to the date of this report.

R D Swann
C M Carr

ON BEHALF OF THE BOARD:





C M Carr - Director


21 March 2025

S-GUARD LTD (Registered number: 07657430)

STATEMENT OF INCOME AND
RETAINED EARNINGS
for the Year Ended 31 MARCH 2024

31.3.24 31.3.23
Notes £    £   

TURNOVER 85,987 70,076

Cost of sales 36,455 27,459
GROSS PROFIT 49,532 42,617

Administrative expenses 47,192 44,304
OPERATING PROFIT/(LOSS) 2,340 (1,687 )


Interest payable and similar expenses 890 750
PROFIT/(LOSS) BEFORE TAXATION 4 1,450 (2,437 )

Tax on profit/(loss) 5 177 -
PROFIT/(LOSS) FOR THE FINANCIAL
YEAR

1,273

(2,437

)

Retained earnings at beginning of year 1,014 3,451

Dividends 6 (2,000 ) -

RETAINED EARNINGS AT END OF
YEAR

287

1,014

S-GUARD LTD (Registered number: 07657430)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 7 7,300 8,400

CURRENT ASSETS
Stocks 4,450 4,200
Debtors 8 7,937 10,046
Cash in hand 463 740
12,850 14,986
CREDITORS
Amounts falling due within one year 9 19,861 22,370
NET CURRENT LIABILITIES (7,011 ) (7,384 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

289

1,016

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 10 287 1,014
SHAREHOLDERS' FUNDS 289 1,016

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 21 March 2025 and were signed on its behalf by:





R D Swann - Director


S-GUARD LTD (Registered number: 07657430)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2024

1. STATUTORY INFORMATION

S-GUARD LTD is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2. 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, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS
31.3.24 31.3.23
£    £   
Wages and salaries 15,000 15,000

S-GUARD LTD (Registered number: 07657430)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2024

3. EMPLOYEES AND DIRECTORS - continued

The average number of employees during the year was as follows:
31.3.24 31.3.23

Directors 2 2

31.3.24 31.3.23
£    £   
Directors' remuneration 15,000 15,000

4. PROFIT/(LOSS) BEFORE TAXATION

The profit (2023 - loss) is stated after charging:

31.3.24 31.3.23
£    £   
Depreciation - owned assets 1,765 2,067

5. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
31.3.24 31.3.23
£    £   
Current tax:
UK corporation tax 177 -
Tax on profit/(loss) 177 -

6. DIVIDENDS
31.3.24 31.3.23
£    £   
Ordinary shares of 1 each
Interim 2,000 -

S-GUARD LTD (Registered number: 07657430)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2024

7. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 19,666
Additions 665
At 31 March 2024 20,331
DEPRECIATION
At 1 April 2023 11,266
Charge for year 1,765
At 31 March 2024 13,031
NET BOOK VALUE
At 31 March 2024 7,300
At 31 March 2023 8,400

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 1,357 377
Other debtors 6,580 9,669
7,937 10,046

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 9,377 10,723
Taxation and social security 621 2,990
Other creditors 9,863 8,657
19,861 22,370

10. RESERVES
Retained
earnings
£   

At 1 April 2023 1,014
Profit for the year 1,273
Dividends (2,000 )
At 31 March 2024 287