Abbreviated Company Accounts - SGD CONSULTING LIMITED

SGD CONSULTING LIMITED - Company Information

06542203 SGD CONSULTING LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 06542203 2015-04-01 2016-03-31 06542203 2016-03-31 06542203 2015-03-31 06542203 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 06542203 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:Director3 2015-04-01 2016-03-31 uk-gaap-cd-bus:Director3 2016-03-31 uk-gaap-cd-bus:Director3 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 06542203

SGD CONSULTING LIMITED

Abbreviated Accounts

31 March 2016

SGD CONSULTING LIMITED Registered Number 06542203

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,702	-
		1,702	-
Current assets
Debtors		49,272	16,039
Cash at bank and in hand		51,461	57,277
		100,733	73,316
Prepayments and accrued income		-	151
Creditors: amounts falling due within one year		(7,054)	(23,121)
Net current assets (liabilities)		93,679	50,346
Total assets less current liabilities		95,381	50,346
Accruals and deferred income		(27,954)	(27,954)
Total net assets (liabilities)		67,427	22,392
Capital and reserves
Called up share capital	3	10	10
Profit and loss account		67,417	22,382
Shareholders' funds		67,427	22,392

For the year ending 31 March 2016 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 22 December 2016

And signed on their behalf by:
Stephen Douglas, Director

SGD CONSULTING LIMITED Registered Number 06542203

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value assed tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives

Plant and machinery 20% straight line

Other accounting policies
Foreign currencies

Transactions in foreign currencies are recorded at the rate ruling at the date of the transactions. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

Pensions

The company operates a defined pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2Tangible fixed assets

	£
Cost
At 1 April 2015	4,573
Additions	1,771
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	6,344
Depreciation
At 1 April 2015	4,573
Charge for the year	69
On disposals	-
At 31 March 2016	4,642
Net book values
At 31 March 2016	1,702
At 31 March 2015	0

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
10 Ordinary shares of £1 each	10	10

4Transactions with directors

Name of director receiving advance or credit:	Stephen Douglas
Description of the transaction:	Loan
Balance at 1 April 2015:	£ 15,853
Advances or credits made:	£ 38,628
Advances or credits repaid:	£ 54,265
Balance at 31 March 2016:	£ 216