SGR AUDIO VISUAL LTD


Director	Sam Alfie Rockley


Registered Address	Unit A Kensworth Industrial Estate
	Common Road
	Dunstable
	LU6 2PN


Registered Number	12848219 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		166,780		120,514
			166,780		120,514
Current assets
Debtors		299,673		152,029
Cash at bank and on hand		87,650		43,532
		387,323		195,561
Creditors amounts falling due within one year		(216,275)		(104,801)
Net current assets (liabilities)			171,048		90,760
Total assets less current liabilities			337,828		211,274
Creditors amounts falling due after one year			(65)		(70)
Net assets			337,763		211,204
Capital and reserves
Other reserves			160,342		174,131
Profit and loss account			177,421		37,073
Shareholders' funds			337,763		211,204

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 Director acknowledges 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 Director on 30 December 2025, and are signed on its behalf by:

Sam Alfie Rockley
Director
Registered Company No. 12848219

SGR AUDIO VISUAL LTD

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 accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Revenue from rendering of services
	Revenue 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.

	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
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	5		3

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 April 24	203,187
	Additions	107,072
	At 31 March 25	310,259
	Depreciation and impairment
	At 01 April 24	82,674
	Charge for year	60,806
	Other adjustments	(1)
	At 31 March 25	143,479
	Net book value
	At 31 March 25	166,780
	At 31 March 24	120,514

4.	Related party transactions
	During the year, the company has entered into transactions with related parties. These transactions have been conducted on an arm's length basis on normal trading terms. The director of the company, Sam Rockley, is a controlling shareholder in SGR Audio Visual LTD and SGR Commercial LTD. As such, the transactions between these two entities, which include purchases and loan arrangements, are considered related party transactions. The following transactions occurred during the period: Purchases of £14,400 (£12,600 2024) Loans provided of £15,874 (£13,290 2024) The following outstanding balances were held with related parties at the year-end: Payables owed of £1,440 Loans owed of £32,613

Related party transactions

During the year, the company has entered into transactions with related parties. These transactions have been conducted on an arm's length basis on normal trading terms.  

The director of the company, Sam Rockley, is a controlling shareholder in SGR Audio Visual LTD and SGR Commercial LTD. As such, the transactions between these two entities, which include purchases and loan arrangements, are considered related party transactions.

The following transactions occurred during the period:
Purchases of £14,400 (£12,600 2024)
Loans provided of £15,874 (£13,290 2024)

The following outstanding balances were held with related parties at the year-end:
Payables owed of £1,440
Loans owed of £32,613