1 October 2023 v2025.21.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP143520382023-10-012024-09-30143520382024-09-30143520382023-09-3014352038core:WithinOneYear2024-09-3014352038core:WithinOneYear2023-09-3014352038core:ShareCapital2024-09-3014352038core:ShareCapital2023-09-3014352038core:RetainedEarningsAccumulatedLosses2024-09-3014352038core:RetainedEarningsAccumulatedLosses2023-09-3014352038bus:Director12023-10-012024-09-3014352038bus:RegisteredOffice2023-10-012024-09-3014352038core:FurnitureFittings2023-10-012024-09-30143520382022-09-122023-09-3014352038core:PlantMachinery2024-09-3014352038core:PlantMachinery2023-10-0114352038core:PlantMachinery2023-10-012024-09-3014352038core:PlantMachinery2023-09-301435203812023-10-012024-09-3014352038countries:EnglandWales2023-10-012024-09-3014352038bus:AuditExempt-NoAccountantsReport2023-10-012024-09-3014352038bus:PrivateLimitedCompanyLtd2023-10-012024-09-3014352038bus:SmallEntities2023-10-012024-09-3014352038bus:FullAccounts2023-10-012024-09-30
Company registration number:
14352038
Sgco 22 Ltd
Unaudited Filleted Financial Statements for the period ended
30 September 2024
Sgco 22 Ltd
Statement of Financial Position
30 September 2024
30 Sep 202430 Sep 2023
Note££
Fixed assets    
Tangible assets 5
211
 
263
 
Current assets    
Debtors 6 -  
217
 
Cash at bank and in hand
117,443
 
64,200
 
117,443
 
64,417
 
Creditors: amounts falling due within one year 7
(16,755
)
(13,934
)
Net current assets
100,688
 
50,483
 
Total assets less current liabilities 100,899   50,746  
Capital and reserves    
Called up share capital
5
 
5
 
Profit and loss account
100,894
 
50,741
 
Shareholders funds
100,899
 
50,746
 
For the period ending
30 September 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
21 April 2025
, and are signed on behalf of the board by:
Steven Garner
Director
Company registration number:
14352038
Sgco 22 Ltd
Notes to the Financial Statements
Period ended
30 September 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
72 Ashbourne Grove
,
Whitefield
,
Manchester
,
M45 7WL
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
33% straight line

4 Average number of employees

The average number of persons employed by the company during the period was
1
(2023:
1.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 October 2023
and
30 September 2024
315
 
Depreciation  
At
1 October 2023
52
 
Charge
52
 
At
30 September 2024
104
 
Carrying amount  
At
30 September 2024
211
 
At 30 September 2023
263
 

6 Debtors

30 Sep 202430 Sep 2023
££
Other debtors -  
217
 

7 Creditors: amounts falling due within one year

30 Sep 202430 Sep 2023
££
Taxation and social security
16,755
 
13,934