Company Registration No. 06922523 (England and Wales)
SGO UK Limited
Unaudited accounts
for the year ended 31 December 2024
SGO UK Limited
Unaudited accounts
Contents
SGO UK Limited
Company Information
for the year ended 31 December 2024
Directors
M Angel Doncel
GA Mills
Company Number
06922523 (England and Wales)
Registered Office
TURNFIELDS GATE
TURNFIELDS
THATCHAM
BERKSHIRE
RG19 4PT
ENGLAND
Accountants
Witcombs
1 Anglesey Cottages
The Ring
Stalbridge
DT10 2NE
SGO UK Limited
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
37,650
12,723
Creditors: amounts falling due within one year
(36,144)
(73,397)
Net current assets/(liabilities)
2,406
(17,920)
Total assets less current liabilities
2,406
(17,920)
Creditors: amounts falling due after more than one year
(786,080)
(745,026)
Net liabilities
(783,674)
(762,946)
Called up share capital
50,000
50,000
Profit and loss account
(833,674)
(812,946)
Shareholders' funds
(783,674)
(762,946)
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 July 2025 and were signed on its behalf by
GA Mills
Director
Company Registration No. 06922523
SGO UK Limited
Notes to the Accounts
for the year ended 31 December 2024
SGO UK Limited is a private company, limited by shares, registered in England and Wales, registration number 06922523. The registered office is TURNFIELDS GATE, TURNFIELDS, THATCHAM, BERKSHIRE, RG19 4PT, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The company’s holding company has confirmed that it will provide sufficient resources to ensure that the company’s working
capital requirements are met. The directors therefore have a reasonable expectation that the company has adequate resources
to continue to operate for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in
preparing the annual financial statements.
The accounts are presented in £ sterling.
Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them
The company operates a defined contribution scheme for the benefit of a director. Contributions payable are recognised in the profit and loss account when due.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Tangible fixed assets
Computer equipment
At 31 December 2024
99,153
At 31 December 2024
99,153
SGO UK Limited
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Accrued income and prepayments
-
2,310
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
2,268
6,804
7
Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
786,080
745,026
Allotted, called up and fully paid:
50,000 Ordinary shares of £1 each
50,000
50,000
Soluciones Graficas por Ordenador (incorporated in Spain) is regarded by the directors as being the company's ultimate parent company.
Miguel Angel Doncel owns 100% of the shares of Soluciones Graficas por Ordenador.
10
Average number of employees
During the year the average number of employees was 4 (2023: 4).