REGISTERED NUMBER: 07134864 (England and Wales)

SG Technical Systems Limited

Unaudited Financial Statements for the Year Ended 31st December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S J W Chacksfield

REGISTERED OFFICE:

Millfield Works

Station Road

Middleton on the Wolds

East Yorkshire

YO25 9UQ

REGISTERED NUMBER:

07134864 (England and Wales)

ACCOUNTANTS:

Smailes Goldie

Chartered Accountants

Regent's Court

Princess Street

Hull

East Yorkshire

HU2 8BA

FIXED ASSETS

Tangible assets

4

37,682

34,083

CURRENT ASSETS

Stocks

274,882

303,439

Debtors

5

4,604,821

1,750,660

Investments

6

-

20,051

Cash at bank

1,356,437

982,103

6,236,140

3,056,253

CREDITORS

Amounts falling due within one year

7

2,462,446

369,860

NET CURRENT ASSETS

3,773,694

2,686,393

TOTAL ASSETS LESS CURRENT LIABILITIES

3,811,376

2,720,476

PROVISIONS FOR LIABILITIES

7,677

6,655

NET ASSETS

3,803,699

2,713,821

CAPITAL AND RESERVES

Called up share capital

60

60

Capital redemption reserve

40

40

Retained earnings

3,803,599

2,713,721

SHAREHOLDERS' FUNDS

3,803,699

2,713,821

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 3rd July 2026 and were signed by:

S J W Chacksfield - Director

1.	STATUTORY INFORMATION

SG Technical Systems Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

10% on cost

Computer equipment

-

20% on cost

Plant and Machinery

-

10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Current asset investments

Current asset investments are measured at fair value with any movements being charged to the income statement.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1st January 2025

-

59,394

13,306

27,180

99,880

Additions

7,000

1,873

6,961

3,179

19,013

Disposals

-

(22,427

)

-

-

(22,427

)

At 31st December 2025

7,000

38,840

20,267

30,359

96,466

DEPRECIATION

At 1st January 2025

-

36,055

7,085

22,657

65,797

Charge for year

117

3,686

1,453

1,861

7,117

Eliminated on disposal

-

(14,130

)

-

-

(14,130

)

At 31st December 2025

117

25,611

8,538

24,518

58,784

NET BOOK VALUE

At 31st December 2025

6,883

13,229

11,729

5,841

37,682

At 31st December 2024

-

23,339

6,221

4,523

34,083

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

495,671

375,315

Amounts owed by group undertakings

-

1,370,669

Other debtors

4,109,150

4,676

4,604,821

1,750,660

6.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Other

-

20,051

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

91,361

42,135

Amounts owed to group undertakings

2,124,331

-

Taxation and social security

191,361

276,134

Other creditors

55,393

51,591

2,462,446

369,860

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

45,000

3,115

Between one and five years

67,500

-

112,500

3,115

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S J W Chacksfield.

During the year, 100% of the share capital of the immediate parent company Bonum Holdings Limited was acquired by Primium Holdings Limited and this company became the ultimate parent company.