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Company Registration No. 11324994 (England and Wales)
S G RESOURCES LTD Unaudited accounts for the year ended 30 April 2025
S G RESOURCES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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S G RESOURCES LTD Company Information for the year ended 30 April 2025
Director
Chetankumar Chandrakant Vakharia
Company Number
11324994 (England and Wales)
Registered Office
Suit Lp58294 Wenlock Road LONDON N1 7GU ENGLAND
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S G RESOURCES LTD Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
271
330
Current assets
Debtors
5
-
2,750
Cash at bank and in hand
(771)
243
(771)
2,993
Creditors: amounts falling due within one year
6
(50,138)
(32,909)
Net current liabilities
(50,909)
(29,916)
Total assets less current liabilities
(50,638)
(29,586)
Creditors: amounts falling due after more than one year
7
(1,490)
(8,460)
Net liabilities
(52,128)
(38,046)
Capital and reserves
Called up share capital
8
2
2
Profit and loss account
(52,130)
(38,048)
Shareholders' funds
(52,128)
(38,046)
For the year ending 30 April 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 February 2026 and were signed on its behalf by
Chetankumar Chandrakant Vakharia Director Company Registration No. 11324994
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S G RESOURCES LTD Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
S G RESOURCES LTD is a private company, limited by shares, registered in England and Wales, registration number 11324994. The registered office is Suit Lp58294 Wenlock Road, LONDON, N1 7GU, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 May 2024
598
At 30 April 2025
598
Depreciation
At 1 May 2024
268
Charge for the year
59
At 30 April 2025
327
Net book value
At 30 April 2025
271
At 30 April 2024
330
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
-
2,750
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S G RESOURCES LTD Notes to the Accounts for the year ended 30 April 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
285
285
Loans from directors
49,353
32,624
Accruals
500
-
50,138
32,909
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
1,490
8,460
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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