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REGISTERED NUMBER: 12112311 (England and Wales)


Financial Statements for the Year Ended 31 July 2024

for

SGK Group Ltd

SGK Group Ltd (Registered number: 12112311)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


SGK Group Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: Mr Sonu Singh Sedana





REGISTERED OFFICE: Unit D2,
Tamian Way,
Hounslow,
United Kingdom,
TW4 6BL





REGISTERED NUMBER: 12112311 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

SGK Group Ltd (Registered number: 12112311)

Statement of Financial Position
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 1,100 1,467

CURRENT ASSETS
Inventories 595,679 584,064
Debtors 5 552,515 392,446
Cash at bank and in hand 13,347 5,888
1,161,541 982,398
CREDITORS
Amounts falling due within one year 6 990,523 812,279
NET CURRENT ASSETS 171,018 170,119
TOTAL ASSETS LESS CURRENT
LIABILITIES

172,118

171,586

CREDITORS
Amounts falling due after more than one
year

7

123,182

133,233
NET ASSETS 48,936 38,353

CAPITAL AND RESERVES
Called up share capital 8 200 200
Retained earnings 48,736 38,153
SHAREHOLDERS' FUNDS 48,936 38,353

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

SGK Group Ltd (Registered number: 12112311)

Statement of Financial Position - continued
31 July 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 April 2025 and were signed by:





Mr Sonu Singh Sedana - Director


SGK Group Ltd (Registered number: 12112311)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

SGK Group Ltd is a private company, limited by shares , registered in England and Wales. 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
Revenue 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 each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 August 2023
and 31 July 2024 2,237
DEPRECIATION
At 1 August 2023 770
Charge for year 367
At 31 July 2024 1,137
NET BOOK VALUE
At 31 July 2024 1,100
At 31 July 2023 1,467

SGK Group Ltd (Registered number: 12112311)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 542,003 391,750
Other debtors 10,512 696
552,515 392,446

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 942,051 747,981
Taxation and social security 7,296 7,736
Other creditors 41,176 56,562
990,523 812,279

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans 123,182 133,233

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
200 Ordinary £1 200 200