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REGISTERED NUMBER: 08739001 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

SYE Services Limited

SYE Services Limited (Registered number: 08739001)

Contents of the Financial Statements
for the Year Ended 31 January 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SYE Services Limited

Company Information
for the Year Ended 31 January 2023







DIRECTOR: S R R Challoner





SECRETARY:





REGISTERED OFFICE: Horley Green House
Horley Green Road
Claremount
Halifax
West Yorkshire
HX3 6AS





REGISTERED NUMBER: 08739001 (England and Wales)





ACCOUNTANTS: Horley Green Chartered Accountants
Horley Green House
Horley Green Road
Claremount
Halifax
West Yorkshire
HX3 6AS

SYE Services Limited (Registered number: 08739001)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,725 21,920

CURRENT ASSETS
Stocks 17,750 23,500
Debtors 5 971 1,116
Cash at bank and in hand 52,946 33,541
71,667 58,157
CREDITORS
Amounts falling due within one year 6 83,244 77,424
NET CURRENT LIABILITIES (11,577 ) (19,267 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,148

2,653

PROVISIONS FOR LIABILITIES 7 3,367 2,441
NET ASSETS 2,781 212

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 2,780 211
SHAREHOLDERS' FUNDS 2,781 212

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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 3 October 2023 and were signed by:




S R R Challoner - Director


SYE Services Limited (Registered number: 08739001)

Notes to the Financial Statements
for the Year Ended 31 January 2023


1. STATUTORY INFORMATION

SYE Services 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 represents the net amount receivable for goods supplied and services provided, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off 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 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.

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 1 (2022 - 1 ) .

SYE Services Limited (Registered number: 08739001)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023


4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 February 2022
and 31 January 2023 18,546 16,650 35,196
DEPRECIATION
At 1 February 2022 5,992 7,284 13,276
Charge for year 1,854 2,341 4,195
At 31 January 2023 7,846 9,625 17,471
NET BOOK VALUE
At 31 January 2023 10,700 7,025 17,725
At 31 January 2022 12,554 9,366 21,920

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 265 265
Tax 706 851
971 1,116

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Hire purchase contracts 3,134 5,134
Trade creditors (1 ) -
Social security and other taxes 147 147
VAT 1,024 2,539
Directors' loan accounts 78,440 68,604
Accrued expenses 500 1,000
83,244 77,424

7. PROVISIONS FOR LIABILITIES
31.1.23 31.1.22
£    £   
Deferred tax 3,367 2,441

Deferred
tax
£   
Balance at 1 February 2022 2,441
Deferred Tax 926
Balance at 31 January 2023 3,367

SYE Services Limited (Registered number: 08739001)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023


8. RELATED PARTY DISCLOSURES

The company is controlled by the company director.