| SGO UK Limited |
| Registered number: |
06922523 |
| Balance Sheet |
| as at 31 December 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Current assets |
| Debtors |
4 |
|
73,508 |
|
|
900 |
| Cash at bank and in hand |
|
|
5,365 |
|
|
37,650 |
|
|
|
78,873 |
|
|
38,550 |
|
| Creditors: amounts falling due within one year |
5 |
|
(99,193) |
|
|
(36,144) |
|
| Net current (liabilities)/assets |
|
|
|
(20,320) |
|
|
2,406 |
|
| Total assets less current liabilities |
|
|
|
(20,320) |
|
|
2,406 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(837,019) |
|
|
(786,080) |
|
|
|
| Net liabilities |
|
|
|
(857,339) |
|
|
(783,674) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
50,000 |
|
|
50,000 |
| Profit and loss account |
|
|
|
(907,339) |
|
|
(833,674) |
|
| Shareholder's funds |
|
|
|
(857,339) |
|
|
(783,674) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Geoffrey A MILLS |
| Director |
| Approved by the board on 29 July 2026 |
|
| SGO UK Limited |
| Notes to the Accounts |
| for the year ended 31 December 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
over 5 years |
|
|
Foreign currency translation |
|
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
Going Concern |
|
The company's parent company (Soluciones Graficas por Ordenador, incorporated in Spain) has confirmed that it will provide sufficient resources to ensure that the company's working capital requirements are met. Therefore, the directors have a reasonable expectation that the company has adequate resources to continue to operate for the forseeable future. Thus they continue to adopt the going concern basis of accounting in preparation of the annual financial statements. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
4 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 January 2025 |
99,153 |
|
At 31 December 2025 |
99,153 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2025 |
99,153 |
|
At 31 December 2025 |
99,153 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2025 |
- |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
28,297 |
|
900 |
|
Other debtors |
45,211 |
|
- |
|
|
|
|
|
|
73,508 |
|
900 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
2,416 |
|
2,268 |
|
Taxation and social security costs |
2,391 |
|
1,698 |
|
Other creditors |
94,386 |
|
32,178 |
|
|
|
|
|
|
99,193 |
|
36,144 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Amounts owed to group undertakings |
|
837,019 |
|
786,080 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
SGO UK Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Turnfields Gate |
|
Turnfields |
|
Thatcham |
|
Berkshire |
|
RG19 4PT |
|
| 8 |
Parent company and Ultimate Controlling Party |
|
|
SGO UK Limited is 100% subsidiary of Soluciones Graficas por Ordenador, a company |
|
incorporated in Spain. |
|
|
Mr Miguel Angel Doncel Monje owns 100% of the shares of Soluciones Graficas per Ordenador. |