SG SPORTS AND ENTERTAINMENT

SERVICES LIMITED

REPORT OF THE DIRECTORS AND

ABRIDGED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 AUGUST 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S Ganguly

Ms S Ganguly

Mrs D Ganguly

REGISTERED OFFICE:

Premier Suite

4 Churchill Court

58 Station Road

North Harrow

Middlesex

HA2 7ST

REGISTERED NUMBER:

12839192 (England and Wales)

ACCOUNTANTS:

ADAMS MOORHOUSE LIMITED, Chartered Accountants

4 Churchill Court

58 Station Road

North Harrow

Middlesex

HA2 7ST

BANKERS:

ICICI Bank UK PLC

One Thomas More Square

London

E1W 1YN

FIXED ASSETS

Tangible assets

5

2,032,944

2,182,944

CURRENT ASSETS

Cash at bank

5,947

133

CREDITORS

Amounts falling due within one year

6

1,473,377

1,370,020

NET CURRENT LIABILITIES

(1,467,430

)

(1,369,887

)

TOTAL ASSETS LESS CURRENT LIABILITIES

565,514

813,057

CREDITORS

Amounts falling due after more than one year

7

(628,272

)

(697,378

)

PROVISIONS FOR LIABILITIES

-

(37,500

)

NET (LIABILITIES)/ASSETS

(62,758

)

78,179

CAPITAL AND RESERVES

Called up share capital

3

3

Revaluation reserve

9

-

112,500

Retained earnings

(62,761

)

(34,324

)

SHAREHOLDERS' FUNDS

(62,758

)

78,179

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 May 2026 and were signed on its behalf by:

Mr S Ganguly - Director

1.	STATUTORY INFORMATION

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation on leasehold property has not been provided as, in the opinion of the Board, the value of the property is more than the book value, and providing depreciation would lead to the financial statements not showing a true and fair view.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 year 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Land and

buildings

£

Cost or valuation

At 1 September 2024

2,182,944

Revaluations

(150,000

)

At 31 August 2025

2,032,944

Net book value

At 31 August 2025

2,032,944

At 31 August 2024

2,182,944

Cost or valuation at 31 August 2025 is represented by:

Land and

buildings

£

Valuation in 2024

150,000

Valuation in 2025

(150,000

)

Cost

2,032,944

2,032,944

If long leasehold property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

2,032,944

2,032,944

Value of land in freehold land and buildings

2,032,944

2,032,944

Long leasehold property was valued on open market value basis on 31 August 2025 by the Directors .

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

85,951

85,951

Other creditors

1,387,426

1,284,069

1,473,377

1,370,020

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

628,272

697,378

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

714,223

783,329

Bank loan is secured on the leasehold property.

9.

RESERVES

Revaluation

reserve

£

At 1 September 2024

112,500

Revaluation of property

(112,500

)

At 31 August 2025

-

10.	CONTINGENT LIABILITIES

As far as the Board is aware, there were no contingent liabilities at the balance sheet date.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is the Directors.