S G V M Holdings Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07270948

S G V M HOLDINGS LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 December 2024

S G V M HOLDINGS LIMITED

STATEMENT OF FINANCIAL POSITION

31 December 2024

	2024	2023
Note	£	£

FIXED ASSETS

Investments	5	3,699,156	3,699,156

CURRENT ASSETS

Debtors	6	174,454	459,133
Cash at bank and in hand		504,176	322,664
		---------	---------
		678,630	781,797

CREDITORS: amounts falling due within one year	7	14,607	18,096
		---------	---------
NET CURRENT ASSETS		664,023	763,701
		------------	------------
TOTAL ASSETS LESS CURRENT LIABILITIES		4,363,179	4,462,857

CREDITORS: amounts falling due after more than one year	8	56,580	162,397
		------------	------------
NET ASSETS		4,306,599	4,300,460
		------------	------------

CAPITAL AND RESERVES

Called up share capital	10	10,000	10,000
Profit and loss account		4,296,599	4,290,460
		------------	------------
SHAREHOLDERS FUNDS		4,306,599	4,300,460
		------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

S G V M HOLDINGS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 2 September 2025 , and are signed on behalf of the board by:

S H Hodge
Director

Company registration number: 07270948

S G V M HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2024

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 61 Macrae Road, Pill, Bristol, BS20 0DD.

2. STATEMENT OF COMPLIANCE

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

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Income tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 1 (2023: Nil).

5. INVESTMENTS

	Shares in group undertakings
	£
Cost
At 1 January 2024 and 31 December 2024	3,699,156
	------------
Impairment
At 1 January 2024 and 31 December 2024	–
	------------

Carrying amount
At 31 December 2024	3,699,156
	------------
At 31 December 2023	3,699,156
	------------

6. DEBTORS

	2024	2023
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	170,431	456,507
Other debtors	4,023	2,626
	---------	---------
	174,454	459,133
	---------	---------

7. CREDITORS: amounts falling due within one year

	2024	2023
	£	£
Corporation tax	2,207	5,696
Other creditors	12,400	12,400
	--------	--------
	14,607	18,096
	--------	--------

8. CREDITORS: amounts falling due after more than one year

	2024	2023
	£	£
Other creditors	56,580	162,397
	--------	---------

9. EMPLOYEE BENEFITS

Defined contribution plans

The amount recognised in profit or loss as an expense in relation to defined contribution plans was £ 400 (2023: £Nil).

10. CALLED UP SHARE CAPITAL

Issued, called up and fully paid

	2024		2023
	No.	£	No.	£
Ordinary shares of £ 1 each	10,000	10,000	10,000	10,000
	--------	--------	--------	--------

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors entered into the following advances and credits with the company:

	2024
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
S H Hodge	( 105,817)	105,817	–
E E Ford	( 54,580)	–	( 54,580)
E M Hodge	( 2,000)	–	( 2,000)
	---------	---------	--------
	( 162,397)	105,817	( 56,580)
	---------	---------	--------

	2023
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
S H Hodge	( 211,370)	105,553	( 105,817)
E E Ford	( 54,580)	–	( 54,580)
E M Hodge	( 2,000)	–	( 2,000)
	---------	---------	---------
	( 267,950)	105,553	( 162,397)
	---------	---------	---------