REGISTERED NUMBER: 08613115 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

SGM DEVELOPMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Jonathan Lowe

REGISTERED OFFICE:

SUITE 4102 CHARLOTTE HOUSE

QUEENS DOCK BUSINESS CENTRE

67-83 NORFOLK STREET

LIVERPOOL

Merseyside

L1 0BG

REGISTERED NUMBER:

08613115 (England and Wales)

ACCOUNTANTS:

DBS Corporate Accountants

Suite 4102, Charlotte House

Queens Dock Business Centre

67-83 Norfolk Street

Liverpool

Merseyside

L1 0BG

FIXED ASSETS

Tangible assets

4

141,930

142,891

CURRENT ASSETS

Cash at bank

3,024

6,625

CREDITORS

Amounts falling due within one year

5

63,988

6,649

NET CURRENT LIABILITIES

(60,964

)

(24

)

TOTAL ASSETS LESS CURRENT LIABILITIES

80,966

142,867

CREDITORS

Amounts falling due after more than one year

6

-

69,345

NET ASSETS

80,966

73,522

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

7

50,251

50,251

Retained earnings

30,615

23,171

80,966

73,522

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 November 2026 and were signed by:

Mr Jonathan Lowe - Director

1.	STATUTORY INFORMATION

SGM DEVELOPMENTS 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 amounts derived from the services provided by the company falling within its ordinary activities, 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.

Plant and machinery etc

-

15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 August 2024

and 31 July 2025

136,483

30,397

166,880

DEPRECIATION

At 1 August 2024

-

23,989

23,989

Charge for year

-

961

961

At 31 July 2025

-

24,950

24,950

NET BOOK VALUE

At 31 July 2025

136,483

5,447

141,930

At 31 July 2024

136,483

6,408

142,891

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans and overdrafts

56,690

4,235

Trade creditors

-

228

Taxation and social security

1,972

1,526

Other creditors

5,326

660

63,988

6,649

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans

-

69,345

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

52,404

7.

RESERVES

Revaluation

reserve

£

At 1 August 2024

and 31 July 2025

50,251