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REGISTERED NUMBER: 04390460 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2021

for

Synergi Search & Select Limited

Synergi Search & Select Limited (Registered number: 04390460)






Contents of the Financial Statements
for the year ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Synergi Search & Select Limited

Company Information
for the year ended 31 December 2021







DIRECTORS: C Shah
Mrs R Shah





REGISTERED OFFICE: Unit 1 & 2 2 Lord Street
Watford
Hertfordshire
WD17 2LQ





REGISTERED NUMBER: 04390460 (England and Wales)





ACCOUNTANTS: Libra Wealth Management Limited
Suite 5, 10 Churchill Square
West Malling
Kent
ME19 4YU

Synergi Search & Select Limited (Registered number: 04390460)

Balance Sheet
31 December 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 313,450 421,798

CURRENT ASSETS
Debtors 5 580,638 325,233
Cash at bank and in hand 155,944 451,307
736,582 776,540
CREDITORS
Amounts falling due within one year 6 242,497 275,096
NET CURRENT ASSETS 494,085 501,444
TOTAL ASSETS LESS CURRENT
LIABILITIES

807,535

923,242

CREDITORS
Amounts falling due after more than
one year

7

45,282

188,472
NET ASSETS 762,253 734,770

Synergi Search & Select Limited (Registered number: 04390460)

Balance Sheet - continued
31 December 2021

2021 2020
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 8 22 22
Retained earnings 762,231 734,748
SHAREHOLDERS' FUNDS 762,253 734,770

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 22 August 2022 and were signed on its behalf by:





C Shah - Director


Synergi Search & Select Limited (Registered number: 04390460)

Notes to the Financial Statements
for the year ended 31 December 2021

1. STATUTORY INFORMATION

Synergi Search & Select 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 consideration received or receivable for services provided in the normal course of business, 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.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on cost and 25% 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.


Synergi Search & Select Limited (Registered number: 04390460)

Notes to the Financial Statements - continued
for the year ended 31 December 2021

2. ACCOUNTING POLICIES - continued
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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2020 - 12 ) .

Synergi Search & Select Limited (Registered number: 04390460)

Notes to the Financial Statements - continued
for the year ended 31 December 2021

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2021 308,219 153,279 461,498
Additions - 667 667
Disposals - (118,984 ) (118,984 )
At 31 December 2021 308,219 34,962 343,181
DEPRECIATION
At 1 January 2021 1,542 38,158 39,700
Charge for year 310 4,841 5,151
Eliminated on disposal - (15,120 ) (15,120 )
At 31 December 2021 1,852 27,879 29,731
NET BOOK VALUE
At 31 December 2021 306,367 7,083 313,450
At 31 December 2020 306,677 115,121 421,798

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 492,950 320,480
Other debtors 87,688 4,753
580,638 325,233

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts - 26,404
Trade creditors 44,592 47,909
Taxation and social security 120,553 175,391
Other creditors 77,352 25,392
242,497 275,096

Synergi Search & Select Limited (Registered number: 04390460)

Notes to the Financial Statements - continued
for the year ended 31 December 2021

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2021 2020
£    £   
Bank loans 45,282 188,472

8. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 2021 2020
value: £    £   
2 Ordinary 'A' £1 2 2
20 Ordinary 'B' £1 20 20
22 22

Ordinary 'A' shares and Ordinary 'B' shares rank pari passu in all respects except that the Ordinary 'B' shares do not have voting rights attached.

9. RELATED PARTY DISCLOSURES

At the year end the Directors' owed the company £38,990, which they expect to be repaid within 9 months of the year end. Interest has been charged at 2% per annum.

10. ULTIMATE CONTROLLING PARTY

The controlling party is C Shah.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Synergi Search & Select Limited

The following reproduces the text of the report prepared for the directors 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 Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors 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 Synergi Search & Select Limited for the year ended 31 December 2021 which comprise the Income Statement, Balance Sheet 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Synergi Search & Select Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Synergi Search & Select Limited and state those matters that we have agreed to state to the Board of Directors of Synergi Search & Select Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Synergi Search & Select Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Synergi Search & Select 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 Synergi Search & Select Limited. You consider that Synergi Search & Select 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 Synergi Search & Select 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.






Libra Wealth Management Limited
Suite 5, 10 Churchill Square
West Malling
Kent
ME19 4YU

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Synergi Search & Select Limited



22 August 2022