S.G.F.E. LIMITED


Directors	ANDERSON-FRYER, Catherine Elisabeth
	OLDFIELD, Julian David


Company Secretary	PAWLEY, Michael John


Registered Address	Queens House 3rd Floor
	Tottenham Court Road
	London
	W1T 7PD


Registered Number	10015496 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		-		158
Investments	4		50		50
			50		208
Current assets
Debtors	5	115,846		215,152
Cash at bank and on hand		43,798		143,586
		159,644		358,738
Creditors amounts falling due within one year		(110,606)		(311,588)
Net current assets (liabilities)			49,038		47,150
Total assets less current liabilities			49,088		47,358
Net assets			49,088		47,358
Capital and reserves
Called up share capital			10		10
Profit and loss account			49,078		47,348
Shareholders' funds			49,088		47,358

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 29 December 2025, and are signed on its behalf by:

OLDFIELD, Julian David
Director
Registered Company No. 10015496

S.G.F.E. LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	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 rendering of services.

	Revenue from sale of goods
	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.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 April 24	1,423
	Disposals	(1,423)
	Depreciation and impairment
	At 01 April 24	1,265
	Charge for year	158
	On disposals	(1,423)
	Net book value
	At 31 March 25	-
	At 31 March 24	158

4.	Fixed asset investments

		Total
		£
	Cost or valuation
	At 01 April 24	50
	At 31 March 25	50
	Net book value
	At 31 March 25	50
	At 31 March 24	50

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	22,717	119,554
Amounts owed by group undertakings	52,264	52,264
Other debtors	40,000	41,322
Prepayments and accrued income	865	2,012
Total	115,846	215,152


	The company made an unsecured loan of £40,000 to a client business during the period October 2023 to February 2024. Interest is payable upon repayment at the rate of 20% per annum and the loan was due for repayment in September 2024. The loan currently remains outstanding but the director does not believe that a provision for non-payment is required

6.	Contingent liabilities
	In September 2023 the company gave a guarantee in respect of a loan of £60,000 made to a client business by a third party. The loan was originally due for repayment in September 2024 but the third party have not called upon the company to meet their obligations to pay the outstanding loan and accrued interest under the guarantee