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REGISTERED NUMBER: 10213632 (England and Wales)

Unaudited Financial Statements

for the Period 1 October 2023 to 31 December 2024

for

S & G Wolverhampton Ltd

S & G Wolverhampton Ltd (Registered number: 10213632)

Contents of the Financial Statements

for the Period 1 October 2023 to 31 December 2024

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

S & G Wolverhampton Ltd

Company Information

for the Period 1 October 2023 to 31 December 2024

| DIRECTORS: | Mr Ranjeet Singh Sidhu

| Mrs Raminder Kaur Sidhu

| REGISTERED OFFICE: | Office 1

| 21 Hatherton Street

| Walsall

| WS4 2LA

| REGISTERED NUMBER: | 10213632 (England and Wales)

| ACCOUNTANTS: | Dhillon Accountants Limited

| Chartered Accountants

| Office 1

| 21 Hatherton Street

| Walsall

| WS4 2LA

S & G Wolverhampton Ltd (Registered number: 10213632)

Balance Sheet

31 December 2024

| 31.12.24 |  | 30.9.23

| Notes | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 117,409 |  | 190,790 |  |

Tangible assets | 5 | 191,619 |  | 23,720 |  |

Investments | 6 | 1,021,526 |  | 1,021,526 |  |

1,330,554 |  | 1,236,036 |  |

CURRENT ASSETS

Stocks | 25,644 |  | 34,579 |  |

Debtors | 7 | 220,493 |  | 134,640 |  |

Cash at bank and in hand | 169,448 |  | 129,032 |  |

415,585 |  | 298,251 |  |

CREDITORS

Amounts falling due within one year | 8 | (613,210 | ) | (480,622 | ) |

NET CURRENT LIABILITIES | (197,625 | ) | (182,371 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,132,929 |  | 1,053,665 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (908,198 | ) | (877,684 | ) |

NET ASSETS | 224,731 |  | 175,981 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 224,631 |  | 175,881 |  |

SHAREHOLDERS' FUNDS | 224,731 |  | 175,981 |  |

S & G Wolverhampton Ltd (Registered number: 10213632)

Balance Sheet - continued

31 December 2024

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 September 2025 and were signed on its behalf by:

Mr Ranjeet Singh Sidhu - Director

S & G Wolverhampton Ltd (Registered number: 10213632)

Notes to the Financial Statements

for the Period 1 October 2023 to 31 December 2024

1. | STATUTORY INFORMATION

| S & G Wolverhampton Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

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

| Turnover

| Turnover comprises of goods and services supplied by the company, net of Value Added Tax and trade discounts.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business, is being amortised evenly over its estimated useful life of 10 years.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery etc | - | 20% on reducing balance

| Taxation

| Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

S & G Wolverhampton Ltd (Registered number: 10213632)

Notes to the Financial Statements - continued

for the Period 1 October 2023 to 31 December 2024

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 12 (2023 - 8 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 October 2023

| and 31 December 2024 | 587,044 |  |

| AMORTISATION

| At 1 October 2023 | 396,254 |  |

| Charge for period | 73,381 |  |

| At 31 December 2024 | 469,635 |  |

| NET BOOK VALUE

| At 31 December 2024 | 117,409 |  |

| At 30 September 2023 | 190,790 |  |

5. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 October 2023 | - |  | 61,445 |  | 61,445 |  |

| Additions | 162,144 |  | 12,316 |  | 174,460 |  |

| At 31 December 2024 | 162,144 |  | 73,761 |  | 235,905 |  |

| DEPRECIATION

| At 1 October 2023 | - |  | 37,725 |  | 37,725 |  |

| Charge for period | - |  | 6,561 |  | 6,561 |  |

| At 31 December 2024 | - |  | 44,286 |  | 44,286 |  |

| NET BOOK VALUE

| At 31 December 2024 | 162,144 |  | 29,475 |  | 191,619 |  |

| At 30 September 2023 | - |  | 23,720 |  | 23,720 |  |

S & G Wolverhampton Ltd (Registered number: 10213632)

Notes to the Financial Statements - continued

for the Period 1 October 2023 to 31 December 2024

6. | FIXED ASSET INVESTMENTS

| Other

| investment

£ |

| COST

| At 1 October 2023

| and 31 December 2024 | 1,021,526 |  |

| NET BOOK VALUE

| At 31 December 2024 | 1,021,526 |  |

| At 30 September 2023 | 1,021,526 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 30.9.23

£ | £ |

| Trade debtors | 132,234 |  | 102,945 |  |

| Other debtors | 88,259 |  | 31,695 |  |

220,493 |  | 134,640 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 30.9.23

£ | £ |

| Bank loans and overdrafts | 169,921 |  | 154,800 |  |

| Trade creditors | 215,093 |  | 153,943 |  |

| Amounts owed to group undertakings | 147,916 |  | 25,357 |  |

| Taxation and social security | 48,925 |  | 43,788 |  |

| Other creditors | 31,355 |  | 102,734 |  |

613,210 |  | 480,622 |  |

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.12.24 |  | 30.9.23

£ | £ |

| Bank loans | 908,198 |  | 877,684 |  |

S & G Wolverhampton Ltd (Registered number: 10213632)

Notes to the Financial Statements - continued

for the Period 1 October 2023 to 31 December 2024

10. | RELATED PARTY DISCLOSURES

| Included in other creditors is the balance due to the company mentioned below as at 31 December 2024:

| - S & G Coventry Limited - £20,079 (2023 - £81,318)

| The above loan is interest free and repayable on demand.

| Mr Ranjeet Singh Sidhu and Mrs Raminder Kaur Sidhu are the directors of above mentioned company as at 31 December 2024.