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

COMPANY REGISTRATION NUMBER: 11964870

S G G Rigging Limited

Filleted Unaudited Financial Statements

30 April 2026

S G G Rigging Limited

Statement of Financial Position

30 April 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	5	7,876	1

Current assets

Debtors	6	24,437	13,090
Cash at bank and in hand		366	754
		--------	--------
		24,803	13,844

Creditors: amounts falling due within one year	7	23,161	13,171
		--------	--------
Net current assets		1,642	673
		-------	----
Total assets less current liabilities		9,518	674

Creditors: amounts falling due after more than one year	8	–	25
		-------	----
Net assets		9,518	649
		-------	----

Capital and reserves

Called up share capital	1	1
Profit and loss account	9,517	648
	-------	----
Shareholders funds	9,518	649
	-------	----

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 statement of income and retained earnings has not been delivered.

For the year ending 30th April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

S G G Rigging Limited

Statement of Financial Position (continued)

30 April 2026

These financial statements were approved by the board of directors and authorised for issue on 16 July 2026 , and are signed on behalf of the board by:

Mr S Green
Director

Company registration number: 11964870

S G G Rigging Limited

Notes to the Financial Statements

Year ended 30th April 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 84 Raby Road, Oxclose, Washington, Tyne and Wear, NE38 0LX.

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

Basis of preparation

The financial statements have been prepared on the historical cost basis. Revenue recognition Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Income tax The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax that the company is expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. 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. 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:

Fixtures and fittings	-	25% straight line
Motor vehicles	-	25% reducing balance

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 are largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2025: 1 ).

5. Tangible assets

	Fixtures and fittings	Motor vehicles	Total
	£	£	£
Cost
At 1st May 2025	1,468	–	1,468
Additions	–	10,500	10,500
	-------	--------	--------
At 30th April 2026	1,468	10,500	11,968
	-------	--------	--------
Depreciation
At 1st May 2025	1,467	–	1,467
Charge for the year	–	2,625	2,625
	-------	--------	--------
At 30th April 2026	1,467	2,625	4,092
	-------	--------	--------
Carrying amount
At 30th April 2026	1	7,875	7,876
	-------	--------	--------
At 30th April 2025	1	–	1
	-------	--------	--------

6. Debtors

	2026	2025
	£	£
Trade debtors	8,692	2,378
Other debtors	15,745	10,712
	--------	--------
	24,437	13,090
	--------	--------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	–	3,933
Corporation tax	5,463	7,275
Other creditors	17,698	1,963
	--------	--------
	23,161	13,171
	--------	--------

8. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	–	25
	----	----

9. Director's advances, credits and guarantees

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

	2026
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
Mr S Green	( 1,463)	( 15,735)	( 17,198)
	-------	--------	--------

	2025
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
Mr S Green	( 372)	( 1,091)	( 1,463)
	----	-------	-------