S G C Build Limited Filleted accounts for Companies House (small and micro)

S G C Build Limited

Unaudited financial statements

31 December 2025

Company Registration Number 07822042

S G C Build Limited

Financial statements

year ended 31 December 2025

Contents	Pages

Balance sheet	1 to 2

Notes to the financial statements	3 to 6

S G C Build Limited

Balance sheet

31 December 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	108,592	89,751

Current assets

Debtors	6	601,640	585,009
Cash at bank and in hand		673,945	509,784
		------------	------------
		1,275,585	1,094,793

Creditors: amounts falling due within one year	7	255,021	206,622
		------------	------------
Net current assets		1,020,564	888,171
		------------	---------
Total assets less current liabilities		1,129,156	977,922

Provisions	21,238	15,230
	------------	---------
Net assets	1,107,918	962,692
	------------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	1,107,818	962,592
	------------	---------
Shareholders funds	1,107,918	962,692
	------------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

S G C Build Limited

Balance sheet (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 19 June 2026 , and are signed on behalf of the board by:

Mr S Cody

Director

Company registration number: 07822042

S G C Build Limited

Notes to the financial statements

year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is 39 Main Road, Dowsby, Bourne, Lincolnshire.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

3.1 Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

3.2 Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

3.3 Income tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax, with the following exception: deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

3.4 Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

3.5 Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Tools & equipment	-	15% reducing balance
Motor vehicles	-	25% reducing balance
Office equipment	-	25% reducing balance

3.6 Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

3.7 Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 6 (2024: 7 ).

5. Tangible assets

Plant and machinery	Motor vehicles	Equipment	Total
£	£	£	£

Cost
At 1 January 2025	2,982	174,070	3,693	180,745
Additions	–	50,744	–	50,744
	-------	---------	-------	---------
At 31 December 2025	2,982	224,814	3,693	231,489
	-------	---------	-------	---------
Depreciation
At 1 January 2025	2,494	85,673	2,827	90,994
Charge for the year	73	31,613	217	31,903
	-------	---------	-------	---------
At 31 December 2025	2,567	117,286	3,044	122,897
	-------	---------	-------	---------
Carrying amount
At 31 December 2025	415	107,528	649	108,592
	-------	---------	-------	---------
At 31 December 2024	488	88,397	866	89,751
	-------	---------	-------	---------

6. Debtors

	2025	2024
	£	£

Trade debtors	298,399	192,920
Other debtors	303,241	392,089
	---------	---------
	601,640	585,009
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£

Trade creditors	71,114	6,056
Corporation tax	89,577	132,992
Social security and other taxes	58,374	51,730
Other creditors	35,956	15,844
	---------	---------
	255,021	206,622
	---------	---------

8. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

2025
Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
£	£	£	£

Mr S Cody	255,872	134,869	( 155,000)	235,741
	---------	---------	---------	---------

2024
Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
£	£	£	£

Mr S Cody	–	431,017	( 175,145)	255,872
	----	---------	---------	---------

The director had a loan that was interest free and repayable upon demand. The loan was taken in February 2024.