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REGISTERED NUMBER: 11048423 (England and Wales)

















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2021

FOR

SYNERGY RS IND LIMITED

SYNERGY RS IND LIMITED (REGISTERED NUMBER: 11048423)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2021










Page

Company Information 1

Chartered Certified Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


SYNERGY RS IND LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2021







DIRECTOR: Mr S Mustafa





REGISTERED OFFICE: 47 Percival Street
Leicester
LE5 3NS





REGISTERED NUMBER: 11048423 (England and Wales)





ACCOUNTANTS: Watergates Ltd
109 Coleman Road
Leicester
LE5 4LE

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
SYNERGY RS IND LIMITED


The following reproduces the text of the report prepared for the director in respect of the Company's annual unaudited financial statements. In accordance with the Companies Act 2006, the Company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Director's Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Synergy Rs Ind Limited for the year ended 30th November 2021 which comprise the Income Statement, Statement of Financial Position and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Synergy Rs Ind Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Synergy Rs Ind Limited and state those matters that we have agreed to state to the director of Synergy Rs Ind Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its director for our work or for this report.

It is your duty to ensure that Synergy Rs Ind Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Synergy Rs Ind Limited. You consider that Synergy Rs Ind Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Synergy Rs Ind Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Watergates Ltd
109 Coleman Road
Leicester
LE5 4LE


19th August 2022

SYNERGY RS IND LIMITED (REGISTERED NUMBER: 11048423)

STATEMENT OF FINANCIAL POSITION
30TH NOVEMBER 2021

30/11/21 30/11/20
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,676 -

CURRENT ASSETS
Stocks 1,538 400
Debtors 5 100,749 169,204
Cash at bank and in hand 117,338 117,689
219,625 287,293
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

6

(57,981

)

(146,730

)
NET CURRENT ASSETS 161,644 140,563
TOTAL ASSETS LESS CURRENT
LIABILITIES

164,320

140,563

CREDITORS: AMOUNTS FALLING DUE
AFTER MORE THAN ONE YEAR

7

(45,000

)

(50,000

)
NET ASSETS 119,320 90,563

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 119,220 90,463
SHAREHOLDERS' FUNDS 119,320 90,563

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2021.

The members have not required the Company to obtain an audit of its financial statements for the year ended 30th November 2021 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.

SYNERGY RS IND LIMITED (REGISTERED NUMBER: 11048423)

STATEMENT OF FINANCIAL POSITION - continued
30TH NOVEMBER 2021


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 19th August 2022 and were signed by:





Mr S Mustafa - Director


SYNERGY RS IND LIMITED (REGISTERED NUMBER: 11048423)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2021


1. STATUTORY INFORMATION

Synergy Rs Ind 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 the cost less estimated residual value of each asset over its estimated useful life.

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

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 statement of financial position date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

SYNERGY RS IND LIMITED (REGISTERED NUMBER: 11048423)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2021


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - 4 ).

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
Additions 3,345
At 30th November 2021 3,345
DEPRECIATION
Charge for year 669
At 30th November 2021 669
NET BOOK VALUE
At 30th November 2021 2,676

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/21 30/11/20
£    £   
Trade debtors 99,849 167,709
Other debtors 900 1,495
100,749 169,204

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/21 30/11/20
£    £   
Trade creditors 1,060 2,174
Taxation and social security 48,977 91,191
Other creditors 7,944 53,365
57,981 146,730

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/11/21 30/11/20
£    £   
Bank loans 45,000 50,000

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/11/21 30/11/20
value: £    £   
100 Ordinary £1.00 100 100