Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312025-05-28The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.62020 - Information technology consultancy activitiestrue22024-01-01false2truefalse 09339378 2024-01-01 2024-12-31 09339378 2022-08-01 2023-12-31 09339378 2024-12-31 09339378 2023-12-31 09339378 c:Director3 2024-01-01 2024-12-31 09339378 d:CurrentFinancialInstruments 2024-12-31 09339378 d:CurrentFinancialInstruments 2023-12-31 09339378 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 09339378 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 09339378 d:ShareCapital 2024-12-31 09339378 d:ShareCapital 2023-12-31 09339378 d:SharePremium 2024-12-31 09339378 d:SharePremium 2023-12-31 09339378 d:RetainedEarningsAccumulatedLosses 2024-12-31 09339378 d:RetainedEarningsAccumulatedLosses 2023-12-31 09339378 c:OrdinaryShareClass1 2024-01-01 2024-12-31 09339378 c:OrdinaryShareClass1 2024-12-31 09339378 c:OrdinaryShareClass1 2023-12-31 09339378 c:OrdinaryShareClass2 2024-01-01 2024-12-31 09339378 c:OrdinaryShareClass2 2024-12-31 09339378 c:OrdinaryShareClass2 2023-12-31 09339378 c:FRS102 2024-01-01 2024-12-31 09339378 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09339378 c:FullAccounts 2024-01-01 2024-12-31 09339378 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09339378 d:Subsidiary1 2024-01-01 2024-12-31 09339378 d:Subsidiary1 1 2024-01-01 2024-12-31 09339378 6 2024-01-01 2024-12-31 09339378 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09339378










SGOC LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024



 
SGOC LIMITED
REGISTERED NUMBER: 09339378

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
843,500
843,500

  
843,500
843,500

Creditors: amounts falling due within one year
 5 
(223,645)
(221,970)

Net current liabilities
  
 
 
(223,645)
 
 
(221,970)

Total assets less current liabilities
  
619,855
621,530

Net assets
  
619,855
621,530


Capital and reserves
  

Called up share capital 
 6 
100
100

Share premium account
  
580,900
580,900

Profit and loss account
  
38,855
40,530

  
619,855
621,530


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




M Allen
Director

Date: 28 May 2025

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
SGOC LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

SGOC Limited is a private Company, limited by share capital and incorporated in England and Wales.
The Company's registered office and principal place of business is 23 Wellington Business Park, Dukes Ride, Crowthorne, Berkshire, RG45 6LS.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.3

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.4

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.

 
2.5

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 2

 
SGOC LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2024
843,500



At 31 December 2024
843,500





Subsidiary undertaking


The following was a subsidiary undertaking of the Company:

Name

Class of shares

Holding

SIRE Technology Limited
Ordinary
76%


5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
221,595
219,920

Accruals and deferred income
2,050
2,050

223,645
221,970



6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



8,242 (2023 - 8,242) A Ordinary shares of £0.01 each
82
82
1,758 (2023 - 1,758) B Ordinary shares of £0.01 each
18
18

100

100



7.


Related party transactions

During the year the Company received dividends of £114,002 (2023: £161,504) from its subsidiary Company. 
At 31 December 2024 the Company owed its subsidiary Company £221,595 (2023: £219,920).

Page 3

 
SGOC LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

8.


Parent company

From 6 February 2025, the parent Company is Managed IT Services Group Ltd. 


Page 4