SG (Cheshire) Limited

SG (Cheshire) Limited

SG (CHESHIRE) LIMITED - Company Information

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1 February 2020 false No description of principal activity Taxfiler 2021.15.1 03694435business:PrivateLimitedCompanyLtd2020-02-012021-01-31 036944352020-01-31 036944352020-02-012021-01-31 03694435business:AuditExemptWithAccountantsReport2020-02-012021-01-31 03694435business:FullAccounts2020-02-012021-01-31 036944352021-01-31 03694435business:Director22020-02-012021-01-31 03694435business:Director32020-02-012021-01-31 03694435business:CompanySecretary12020-02-012021-01-31 03694435business:RegisteredOffice2020-02-012021-01-31 036944352020-01-31 03694435core:WithinOneYear2021-01-31 03694435core:WithinOneYear2020-01-31 03694435core:ShareCapital2021-01-31 03694435core:ShareCapital2020-01-31 03694435core:RevaluationReserve2021-01-31 03694435core:RevaluationReserve2020-01-31 03694435core:RetainedEarningsAccumulatedLosses2021-01-31 03694435core:RetainedEarningsAccumulatedLosses2020-01-31 03694435business:SmallEntities2020-02-012021-01-31 03694435countries:EnglandWales2020-02-012021-01-31 03694435core:ComputerEquipment2020-02-012021-01-31 03694435core:LandBuildings2020-01-31 03694435core:ComputerEquipment2020-01-31 03694435core:LandBuildings2020-02-012021-01-31 03694435core:LandBuildings2021-01-31 03694435core:ComputerEquipment2021-01-31 03694435business:OrdinaryShareClass12020-02-012021-01-31 03694435business:OrdinaryShareClass12019-02-012020-01-31 036944352019-02-012020-01-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 03694435 (England and Wales)
SG (Cheshire) Limited Unaudited accounts for the year ended 31 January 2021
SG (Cheshire) Limited Unaudited accounts Contents
Page
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SG (Cheshire) Limited Company Information for the year ended 31 January 2021
Directors
Robert Heath Garlick Rachel Louise Garlick
Secretary
Robert Heath Garlick
Company Number
03694435 (England and Wales)
Registered Office
SENNA GREEN FARM SENNA LANE ANTROBUS NORTHWICH CHESHIRE CW9 6BE ENGLAND
Accountants
Middleton Wissett 7 Kingfisher Grove Wincham Cheshire CW9 6PZ
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SG (Cheshire) Limited Statement of financial position as at 31 January 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
920,758 
737,821 
Current assets
Debtors
5
5,000 
5,526 
Cash at bank and in hand
27,034 
21,347 
32,034 
26,873 
Creditors: amounts falling due within one year
6
(676,051)
(678,738)
Net current liabilities
(644,017)
(651,865)
Net assets
276,741 
85,956 
Capital and reserves
Called up share capital
7
3 
3 
Revaluation reserve
218,746 
36,278 
Profit and loss account
57,992 
49,675 
Shareholders' funds
276,741 
85,956 
For the year ending 31 January 2021 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 directors acknowledge their 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 of Directors and authorised for issue on 14 October 2021 and were signed on its behalf by
Robert Heath Garlick Director Company Registration No. 03694435
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SG (Cheshire) Limited Notes to the Accounts for the year ended 31 January 2021
1
Statutory information
SG (Cheshire) Limited is a private company, limited by shares, registered in England and Wales, registration number 03694435. The registered office is SENNA GREEN FARM SENNA LANE, ANTROBUS, NORTHWICH, CHESHIRE, CW9 6BE, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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 is not provided for in connection with investment properties.
Computer equipment
Straight line over three years
4
Tangible fixed assets
Land & buildings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At valuation 
At cost 
At 1 February 2020
737,532 
849 
738,381 
Additions
- 
879 
879 
Revaluations
182,468 
- 
182,468 
At 31 January 2021
920,000 
1,728 
921,728 
Depreciation
At 1 February 2020
- 
560 
560 
Charge for the year
- 
410 
410 
At 31 January 2021
- 
970 
970 
Net book value
At 31 January 2021
920,000 
758 
920,758 
At 31 January 2020
737,532 
289 
737,821 
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SG (Cheshire) Limited Notes to the Accounts for the year ended 31 January 2021
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Accrued income and prepayments
- 
526 
Other debtors
5,000 
5,000 
5,000 
5,526 
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Bank loans and overdrafts
381,755 
381,755 
Trade creditors
24 
886 
Taxes and social security
2,047 
2,438 
Other creditors
116,661 
116,661 
Loans from directors
175,564 
176,998 
676,051 
678,738 
7
Share capital
2021 
2020 
£ 
£ 
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3 
3 
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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