REGISTERED NUMBER: 05090106 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

SG ENGINEERS (MIDLANDS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S J Goode

SECRETARY:

J Goode

REGISTERED OFFICE:

Bank Gallery

High Street

Kenilworth

Warwickshire

CV8 1LY

REGISTERED NUMBER:

05090106 (England and Wales)

ACCOUNTANTS:

Bernard Rogers & Co

Bank Gallery

High Street

Kenilworth

Warwickshire

CV8 1LY

FIXED ASSETS

Tangible assets

4

239,418

247,877

Investment property

5

275,000

275,000

514,418

522,877

CURRENT ASSETS

Debtors

6

2,142

660

Investments

7

1

1

Cash at bank

201,121

191,006

203,264

191,667

CREDITORS

Amounts falling due within one year

8

59,128

71,456

NET CURRENT ASSETS

144,136

120,211

TOTAL ASSETS LESS CURRENT LIABILITIES

658,554

643,088

PROVISIONS FOR LIABILITIES

26,557

28,164

NET ASSETS

631,997

614,924

CAPITAL AND RESERVES

Called up share capital

1

1

Freehold property revaluation reserve

9

57,553

57,553

Fair value reserve

9

35,885

35,885

Retained earnings

9

538,558

521,485

SHAREHOLDERS' FUNDS

631,997

614,924

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 29 May 2026 and were signed by:

S J Goode - Director

1.	STATUTORY INFORMATION

SG Engineers (Midlands) 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.

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 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 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

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

215,000

52,188

72,391

8,593

348,172

Additions

-

2,500

-

9,114

11,614

At 31 March 2026

215,000

54,688

72,391

17,707

359,786

DEPRECIATION

At 1 April 2025

-

42,520

50,459

7,316

100,295

Charge for year

-

6,385

10,966

2,722

20,073

At 31 March 2026

-

48,905

61,425

10,038

120,368

NET BOOK VALUE

At 31 March 2026

215,000

5,783

10,966

7,669

239,418

At 31 March 2025

215,000

9,668

21,932

1,277

247,877

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

275,000

NET BOOK VALUE

At 31 March 2026

275,000

At 31 March 2025

275,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

2,142

660

7.	CURRENT ASSET INVESTMENTS

2026

2025

£

£

Unlisted investments

1

1

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

1,100

578

Taxation and social security

12,655

11,425

Other creditors

45,373

59,453

59,128

71,456

9.

RESERVES

Freehold

property

Fair

Retained

revaluation

value

earnings

reserve

reserve

Totals

£

£

£

£

At 1 April 2025

521,485

57,553

35,885

614,923

Profit for the year

20,547

20,547

Dividends

(3,474

)

(3,474

)

At 31 March 2026

538,558

57,553

35,885

631,996

10.	RELATED PARTY DISCLOSURES

At 31 March 2026 other creditors include loans made to the company by S J Goode (Director) amounting to £35,135 (2025 £42,131). The loans are interest free with no fixed date for repayment.

11.	CONTROLLING PARTY

The controlling party is S J Goode.