S&G Corporation Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 13770844

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		606,158		606,158

			606,158		606,158
CURRENT ASSETS
Cash at bank and in hand		16,112		5,784

		16,112		5,784
Creditors: Amounts Falling Due Within One Year	5	(20,012 )		(7,758 )

NET CURRENT ASSETS (LIABILITIES)			(3,900 )		(1,974 )

TOTAL ASSETS LESS CURRENT LIABILITIES			602,258		604,184

Creditors: Amounts Falling Due After More Than One Year	6		(580,551 )		(587,840 )

NET ASSETS			21,707		16,344

CAPITAL AND RESERVES
Called up share capital	7		2		2
Profit and Loss Account			21,705		16,342

SHAREHOLDERS' FUNDS			21,707		16,344

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S&G Corporation Ltd

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Sabjoag Chahal

Director

26/06/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

S&G Corporation Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13770844 . The registered office is 348 Birmingham Road, Walsall, West Midlands, WS5 3NX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover represents rental income receivable from investment properties and is recognised in the period to which it relates, excluding VAT where appicable.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at fair value.

No depreciation is provided for the fixed assets.

2.4. Investment Properties

Investment properties are properties held to earn rentals and for capital appreciation. Incvestment properties are initially recognised at costs and subsequently measured at fair value at eaching reporting date. Any changes in fair value are recognised in the profit and loss account in the period in which they arise.

No depreciation is provided in respect of investment properties measured at fair value,

2.5. Financial Instruments

The company has elected to apply the provisions of Section 11 and 12 of FRS102 in respect of financial instruments.

Basic financial liabilities, including trade and other creditors and loans, are initially recognised at transaction price and subsequently measured at amortised cost.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

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S&G Corporation Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

4. Tangible Assets

	Investment Properties
	£
Cost
As at 1 December 2024	606,158

As at 30 November 2025	606,158

Net Book Value
As at 30 November 2025	606,158

As at 1 December 2024	606,158

Cost or valuation as at 30 November 2025 represented by:

	Investment Properties
	£
At cost	606,158

	606,158

The directors have assessed the fair value of the investment properties based on market evidence available at the balance sheet date.

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	2,047	2,047
Other creditors	16,708	2,625
Taxation and social security	1,257	3,086

	20,012	7,758

6. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	174,107	177,424
Directors loan account	406,444	410,416

	580,551	587,840

The company has bank loan secured on the investment properties. The amount outstanding at the end of year was £176154 (2024 - £179471).

The directors have provided loan to the company to purchase the investment properties. The balance due the directors shown as other creditors is £406,444 (2024 - £410,416).

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

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