Sgl Solutions Limited

	Page
Abridged Balance Sheet	1
Notes to the Abridged Financial Statements	2—3

Registered number: 15904549

		31 March 2025
	Notes	£	£
FIXED ASSETS
Tangible Assets	4		156

			156
CURRENT ASSETS
Debtors		10,709
Cash at bank and in hand		25,150

		35,859
Creditors: Amounts Falling Due Within One Year		(18,577 )

NET CURRENT ASSETS (LIABILITIES)			17,282

TOTAL ASSETS LESS CURRENT LIABILITIES			17,438

NET ASSETS			17,438

CAPITAL AND RESERVES
Called up share capital	5		4
Profit and Loss Account			17,434

SHAREHOLDERS' FUNDS			17,438

For the period ending 31 March 2025 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Scott Logan

Director

28/07/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Sgl Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15904549 . The registered office is 16-18 West Street, Rochford, Essex, SS4 1AJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

25% Straight Line

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current tax is recognised in profit or loss for the period, except when it relates to items that are recognised in other comprehensive income or directly in equity, in which case current tax is recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 2

4. Tangible Assets

	Total
	£
Cost
As at 19 August 2024	-
Additions	208

As at 31 March 2025	208

...CONTINUED

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Sgl Solutions Limited

Notes to the Abridged Financial Statements (continued)

For the Period 19 August 2024 to 31 March 2025

Depreciation
As at 19 August 2024	-
Provided during the period	52

As at 31 March 2025	52

Net Book Value
As at 31 March 2025	156

As at 19 August 2024	-

5. Share Capital

	31 March 2025
	£
Allotted, Called up and fully paid	4

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