Company Registration No. 14876174 (England and Wales)
Sgb Sys Engineering Ltd
Unaudited accounts
for the year ended 31 May 2026
Sgb Sys Engineering Ltd
Unaudited accounts
Contents
Sgb Sys Engineering Ltd
Company Information
for the year ended 31 May 2026
Company Number
14876174 (England and Wales)
Accountants
North Devon Accounts
4 Cross Tree Centre
Caen Street
Braunton
Devon
EX33 1AA
Sgb Sys Engineering Ltd
Statement of financial position
as at 31 May 2026
Tangible assets
8,010
7,862
Cash at bank and in hand
16,053
16,440
Creditors: amounts falling due within one year
(14,707)
(19,822)
Net current assets/(liabilities)
1,346
(3,382)
Called up share capital
1
1
Profit and loss account
9,355
4,479
Shareholders' funds
9,356
4,480
For the year ending 31 May 2026 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 20 July 2026 and were signed on its behalf by
Mr S Bullivant
Director
Company Registration No. 14876174
Sgb Sys Engineering Ltd
Notes to the Accounts
for the year ended 31 May 2026
Sgb Sys Engineering Ltd is a private company, limited by shares, registered in England and Wales, registration number 14876174.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
18% Reducing Balance
Fixtures & fittings
18% Reducing Balance
Computer equipment
18% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2025
1,031
1,779
7,641
10,451
Additions
-
899
1,007
1,906
At 31 May 2026
1,031
2,678
8,648
12,357
At 1 June 2025
338
500
1,751
2,589
Charge for the year
125
392
1,241
1,758
At 31 May 2026
463
892
2,992
4,347
At 31 May 2026
568
1,786
5,656
8,010
At 31 May 2025
693
1,279
5,890
7,862
Sgb Sys Engineering Ltd
Notes to the Accounts
for the year ended 31 May 2026
5
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
10,487
13,720
Loans from directors
29
293
6
Average number of employees
During the year the average number of employees was 0 (2025: 0).