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REGISTERED NUMBER: 14808883 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

17 APRIL 2023 TO 30 APRIL 2024

FOR

SFG ALUMINIUM LIMITED

SFG ALUMINIUM LIMITED (REGISTERED NUMBER: 14808883)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 17 APRIL 2023 TO 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


SFG ALUMINIUM LIMITED

COMPANY INFORMATION
FOR THE PERIOD 17 APRIL 2023 TO 30 APRIL 2024







DIRECTOR: Miss Y S Heathcote





REGISTERED OFFICE: 86-90 Paul Street
London
United Kingdom
EC2A 4NE





REGISTERED NUMBER: 14808883 (England and Wales)





ACCOUNTANTS: Allens Accountants Limited
Chartered Accountants
123 Wellington Road South
Stockport
Cheshire
SK1 3TH

SFG ALUMINIUM LIMITED (REGISTERED NUMBER: 14808883)

BALANCE SHEET
30 APRIL 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 27,187

CURRENT ASSETS
Stocks 31,000
Debtors 5 211,242
Cash at bank 22,005
264,247
CREDITORS
Amounts falling due within one year 6 207,995
NET CURRENT ASSETS 56,252
TOTAL ASSETS LESS CURRENT
LIABILITIES

83,439

PROVISIONS FOR LIABILITIES 7 6,797
NET ASSETS 76,642

CAPITAL AND RESERVES
Called up share capital 8 1
Retained earnings 76,641
SHAREHOLDERS' FUNDS 76,642

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

SFG ALUMINIUM LIMITED (REGISTERED NUMBER: 14808883)

BALANCE SHEET - continued
30 APRIL 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 April 2025 and were signed by:





Miss Y S Heathcote - Director


SFG ALUMINIUM LIMITED (REGISTERED NUMBER: 14808883)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 17 APRIL 2023 TO 30 APRIL 2024

1. STATUTORY INFORMATION

Sfg Aluminium Limited 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
Turnover represents the fair value of consideration received or receivable for goods supplied and services rendered in the ordinary course of the business, excluding Value Added Tax (VAT) and trade discounts.

Turnover is recognised to reflect the transfer of goods and services to the customer in line with the stage of completion of the contract. Turnover from supply and installation services is recognised over time as performance obligations are satisfied.

Turnover is recognised on a % completion basis after calculating costs incurred on a contract to date compared to total costs on a contract. If the outcome of a contract cannot be estimated reliably, turnover is recognised only to the extent that contract costs incurred are expected to be recoverable.

Turnover associated with uninstalled materials is recognised only when control is transferred to the customer, generally upon delivery to the site and where the company retains no ongoing involvement in those materials.

Variations to contracts and claims are included in revenue only when it is highly probable that the revenue will not reverse and the amount of consideration can be measured reliably.

If a contract is assessed as loss-making, a provision is recognised immediately for the estimated loss on the entire contract.

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period 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 balance sheet date.


SFG ALUMINIUM LIMITED (REGISTERED NUMBER: 14808883)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 17 APRIL 2023 TO 30 APRIL 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 21 .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 36,250
At 30 April 2024 36,250
DEPRECIATION
Charge for period 9,063
At 30 April 2024 9,063
NET BOOK VALUE
At 30 April 2024 27,187

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 202,875
Other debtors 8,367
211,242

SFG ALUMINIUM LIMITED (REGISTERED NUMBER: 14808883)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 17 APRIL 2023 TO 30 APRIL 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 43,490
Taxation and social security 76,475
Other creditors 88,030
207,995

7. PROVISIONS FOR LIABILITIES
£   
Deferred tax 6,797

Deferred
tax
£   
Charge to Statement of Income and Retained Earnings during period 6,797
Balance at 30 April 2024 6,797

8. CALLED UP SHARE CAPITAL

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