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REGISTERED NUMBER: 05083492 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

S.G. OILS LIMITED

| S.G. OILS LIMITED (REGISTERED NUMBER: 05083492) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

Page |

| Company Information | 1 |

| Abridged Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| S.G. OILS LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 30 APRIL 2025

| DIRECTORS: | Mr S G Lee

| Mrs S Lee

| REGISTERED OFFICE: | The Tower

| Daltongate Business Centre

| Daltongate

| Ulverston

| Cumbria

| LA12 7AJ

| REGISTERED NUMBER: | 05083492 (England and Wales)

| BANKERS: | Barclays Bank plc

| P O Box 9

| Market Street

| Lancaster

| Lancashire

| LA1 1HR

| S.G. OILS LIMITED (REGISTERED NUMBER: 05083492) |

ABRIDGED BALANCE SHEET

30 APRIL 2025

| 30.4.25 | 30.4.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 55,336 |  | 8,979 |  |

CURRENT ASSETS

Debtors | 64,456 |  | 162,158 |  |

Cash at bank | 9,297 |  | 33,856 |  |

73,753 |  | 196,014 |  |

CREDITORS

Amounts falling due within one year | 34,022 |  | 52,721 |  |

NET CURRENT ASSETS | 39,731 |  | 143,293 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 95,067 |  | 152,272 |  |

CAPITAL AND RESERVES

Called up share capital | 5 | 100 |  | 100 |  |

Retained earnings | 94,967 |  | 152,172 |  |

SHAREHOLDERS' FUNDS | 95,067 |  | 152,272 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 22 January 2026 and were signed on its behalf by:

Mr S G Lee - Director

| S.G. OILS LIMITED (REGISTERED NUMBER: 05083492) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

1. | STATUTORY INFORMATION

| S.G. Oils Limited 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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 represents net invoiced sales of goods and services, excluding VAT.

| 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 | - | 25% on cost

| Fixtures and fittings | - | 25% on cost

| Motor vehicles | - | 25% on cost

| Computer equipment | - | 25% on cost

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 4 (2024 - 4 ) .

4. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 May 2024 | 167,003 |  |

| Additions | 65,931 |  |

| At 30 April 2025 | 232,934 |  |

| DEPRECIATION

| At 1 May 2024 | 158,024 |  |

| Charge for year | 19,574 |  |

| At 30 April 2025 | 177,598 |  |

| NET BOOK VALUE

| At 30 April 2025 | 55,336 |  |

| At 30 April 2024 | 8,979 |  |

5. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 30.4.25 |  | 30.4.24

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

| S.G. OILS LIMITED (REGISTERED NUMBER: 05083492) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 APRIL 2025

6. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

| 30.4.25 |  | 30.4.24

£ | £ |

| Mr S G Lee

| Balance outstanding at start of year | 113,095 |  | 141,417 |  |

| Amounts advanced | 25,752 |  | 113,095 |  |

| Amounts repaid | (113,095 | ) | (141,417 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 25,752 |  | 113,095 |  |

| During the financial year the director was charged £1,629 (2024 : £2,783) interest on the loan which is unsecured and repayable on demand.

7. | ULTIMATE CONTROLLING PARTY

| The controlling party is Mr S G Lee.