Company Registration No. 07531040 (England and Wales)
S G Menswear Limited
Unaudited accounts
for the year ended 31 March 2026
S G Menswear Limited
Unaudited accounts
Contents
S G Menswear Limited
Company Information
for the year ended 31 March 2026
Company Number
07531040 (England and Wales)
Registered Office
122-124 BRADSHAWGATE
LEIGH
LANCASHIRE
WN7 4NP
Accountants
J F Balshaw & Co
22 Shoreswood
Sharples
Bolton
Lancashire
BL1 7DD
S G Menswear Limited
Statement of financial position
as at 31 March 2026
Tangible assets
60,031
58,566
Cash at bank and in hand
106,421
109,640
Creditors: amounts falling due within one year
(15,478)
(20,726)
Net current assets
95,743
93,714
Total assets less current liabilities
155,774
152,280
Provisions for liabilities
Deferred tax
(13,160)
(12,882)
Net assets
142,614
139,398
Called up share capital
100
100
Profit and loss account
142,514
139,298
Shareholders' funds
142,614
139,398
For the year ending 31 March 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 25 September 2026 and were signed on its behalf by
Mr P J Ault
Director
Company Registration No. 07531040
S G Menswear Limited
Notes to the Accounts
for the year ended 31 March 2026
S G Menswear Limited is a private company, limited by shares, registered in England and Wales, registration number 07531040. The registered office is 122-124 BRADSHAWGATE, LEIGH, LANCASHIRE, WN7 4NP.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on cost
Fixtures & fittings
20% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Goodwill
S G Menswear Limited
Notes to the Accounts
for the year ended 31 March 2026
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2025
236,364
4,132
240,496
Additions
12,400
899
13,299
At 31 March 2026
248,764
5,031
253,795
At 1 April 2025
179,259
2,671
181,930
Charge for the year
11,513
321
11,834
At 31 March 2026
190,772
2,992
193,764
At 31 March 2026
57,992
2,039
60,031
At 31 March 2025
57,105
1,461
58,566
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
14,182
19,471
Loans from directors
281
281
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Transactions with related parties
The company owes a balance of £281 to the director, Mr P Ault (2025 £281).
9
Average number of employees
During the year the average number of employees was 4 (2025: 4).