2022-04-01 2023-03-31 false Capium Accounts Production 1.1 11857123 bus:FullAccounts 2022-04-01 2023-03-31 11857123 bus:FRS102 2022-04-01 2023-03-31 11857123 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 11857123 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 11857123 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 11857123 2022-04-01 2023-03-31 11857123 2023-03-31 11857123 bus:RegisteredOffice 2022-04-01 2023-03-31 11857123 core:WithinOneYear 2023-03-31 11857123 core:AfterOneYear 2023-03-31 11857123 bus:Director1 2022-04-01 2023-03-31 11857123 bus:Director1 2023-03-31 11857123 bus:Director1 2021-04-01 2022-03-31 11857123 bus:Director2 2022-04-01 2023-03-31 11857123 bus:Director2 2023-03-31 11857123 bus:Director2 2021-04-01 2022-03-31 11857123 2021-04-01 11857123 bus:CompanySecretary1 2022-04-01 2023-03-31 11857123 bus:LeadAgentIfApplicable 2022-04-01 2023-03-31 11857123 2021-04-01 2022-03-31 11857123 2022-03-31 11857123 core:WithinOneYear 2022-03-31 11857123 core:AfterOneYear 2022-03-31 11857123 bus:EntityAccountantsOrAuditors 2021-04-01 2022-03-31 11857123 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 11857123 bus:OrdinaryShareClass1 2023-03-31 11857123 bus:OrdinaryShareClass1 2021-04-01 2022-03-31 11857123 bus:OrdinaryShareClass1 2022-03-31 11857123 core:ComputerEquipment 2022-04-01 2023-03-31 11857123 core:ComputerEquipment 2023-03-31 11857123 core:ComputerEquipment 2022-03-31 11857123 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-03-31 11857123 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-03-31 11857123 core:CostValuation core:Non-currentFinancialInstruments 2023-03-31 11857123 core:CostValuation core:Non-currentFinancialInstruments 2022-03-31 11857123 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-03-31 11857123 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-03-31 11857123 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-03-31 11857123 core:Non-currentFinancialInstruments 2023-03-31 11857123 core:Non-currentFinancialInstruments 2022-03-31 11857123 core:ShareCapital 2023-03-31 11857123 core:ShareCapital 2022-03-31 11857123 core:RetainedEarningsAccumulatedLosses 2023-03-31 11857123 core:RetainedEarningsAccumulatedLosses 2022-03-31 11857123 dpl:Item1 2022-04-01 11857123 dpl:Item1 2023-03-31 11857123 dpl:Item1 2021-04-01 11857123 dpl:Item1 2022-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 11857123
England & Northern Ireland

 

 

 

SYG RESEARCH AND SERVICES LIMITED


Unaudited Financial Statements
 


Period of accounts

Start date: 01 April 2022

End date: 31 March 2023
Director's report and financial statements
The directors present his/her/their annual report and the financial statements for the year ended 31 March 2023.
Principal activities
Principal activity of the company during the financial year was ofBusiness and domestic software development
Directors
The directors who served the company throughout the year were as follows:
GREGORY WAYNE DAYSH
TONI ELLEN DAYSH
Statement of directors' responsibilities
The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.
In preparing these financial statements, the directors are required to :
  • select suitable accounting policies and then apply them consistently
  • make judgements and accounting estimates that are reasonable and prudent
  • state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

This report was approved by the board and signed on its behalf by:


----------------------------------
GREGORY WAYNE DAYSH
Director

Date approved: 18 May 2023
1
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 3 5,668    8,501 
5,668    8,501 
Current assets      
Debtors: amounts falling due within one year 4 26,400    21,000 
Cash at bank and in hand 35,743    7,772 
62,143    28,772 
Creditors: amount falling due within one year 5 (54,405)   (27,118)
Net current assets 7,738    1,654 
 
Total assets less current liabilities 13,406    10,155 
Net assets 13,406    10,155 
 

Capital and reserves
     
Called up share capital 6 2    2 
Profit and loss account 13,404    10,153 
Shareholder's funds 13,406    10,155 
 


For the year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 18 May 2023 and were signed on its behalf by:


-------------------------------
GREGORY WAYNE DAYSH
Director
2
General Information
SYG Research and Services Limited is a private company, limited by shares, registered in England & Northern Ireland, registration number 11857123, registration address 21 Heath Drive, Gidea Park, Romford, Essex, RM2 5QH.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment 33.33% Reducing Balance
2.

Average number of employees

Average number of employees during the year was 2 (2022 : 2).
3.

Tangible fixed assets

Cost or valuation Computer Equipment   Total
  £   £
At 01 April 2022 9,509    9,509 
Additions  
Disposals  
At 31 March 2023 9,509    9,509 
Depreciation
At 01 April 2022 1,008    1,008 
Charge for year 2,833    2,833 
On disposals  
At 31 March 2023 3,841    3,841 
Net book values
Closing balance as at 31 March 2023 5,668    5,668 
Opening balance as at 01 April 2022 8,501    8,501 


4.

Debtors: amounts falling due within one year

2023
£
  2022
£
Trade Debtors 26,400    21,000 
26,400    21,000 

5.

Creditors: amount falling due within one year

2023
£
  2022
£
Trade Creditors 10,030    999 
Corporation Tax 2,366    1,529 
PAYE & Social Security 3    770 
Other Creditors 1   
Directors' Current Accounts 35,952    20,839 
VAT 6,053    2,981 
54,405    27,118 

6.

Share Capital

Allotted, called up and fully paid
2023
£
  2022
£
2 Class A shares of £1.00 each  
 

3