Registration number:
Synerjy Limited
for the Period from 1 July 2022 to 30 September 2023
Synerjy Limited
(Registration number: 04083631)
Balance Sheet as at 30 September 2023
Note |
2023 |
2022 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Total assets less current liabilities |
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Provisions for liabilities |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
50,004 |
50,004 |
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Revaluation reserve |
98,555 |
- |
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Retained earnings |
594,595 |
786,493 |
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Shareholders' funds |
743,154 |
836,497 |
For the financial period ending 30 September 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
For the financial period ending 30 September 2023 the Company was entitled to exemption from audit under section 479A of the Companies Act 2006 relating to subsidiary companies.
Directors' responsibilities:
• |
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The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
Synerjy Limited
(Registration number: 04083631)
Balance Sheet as at 30 September 2023
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Synerjy Limited
Notes to the Unaudited Financial Statements for the Period from 1 July 2022 to 30 September 2023
General information |
The Company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
These financial statements have been presented in sterling and are rounded to the nearest pound.
Group accounts not prepared
Disclosure of long or short period
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.
Tax
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Synerjy Limited
Notes to the Unaudited Financial Statements for the Period from 1 July 2022 to 30 September 2023
Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
Tangible assets
Some tangible assets are stated in the statement of financial position at valuation and some tangible assets are stated at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Plant and Machinery |
7.5 - 20% Reducing Balance |
Motor Vehicles |
25% Reducing Balance |
Office Equipment |
25% Reducing Balance |
Fixtures and Fittings |
25% Reducing Balance |
Leases
Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Dividends
Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
Defined contribution pension obligation
The company contributes into a NEST scheme of behalf of its employees to fulfil its auto-enrolment requirements. The company also contributes into the directors personal pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable.
Staff numbers |
The average number of persons employed by the Company (including Directors) during the period, was
Synerjy Limited
Notes to the Unaudited Financial Statements for the Period from 1 July 2022 to 30 September 2023
Intangible assets |
Goodwill |
Total |
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Cost or valuation |
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At 1 July 2022 |
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At 30 September 2023 |
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Amortisation |
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At 1 July 2022 |
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At 30 September 2023 |
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Carrying amount |
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At 30 September 2023 |
- |
- |
Tangible assets |
Fixtures and fittings |
Plant and machinery |
Office equipment |
Motor vehicles |
Total |
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Cost or valuation |
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At 1 July 2022 |
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Revaluations |
- |
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Additions |
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- |
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Disposals |
- |
( |
- |
( |
( |
At 30 September 2023 |
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Depreciation |
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At 1 July 2022 |
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Charge for the period |
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- |
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Eliminated on disposal |
- |
( |
- |
( |
( |
At 30 September 2023 |
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Carrying amount |
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At 30 September 2023 |
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At 30 June 2022 |
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- |
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Stocks |
2023 |
2022 |
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Other inventories |
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Synerjy Limited
Notes to the Unaudited Financial Statements for the Period from 1 July 2022 to 30 September 2023
Debtors |
Current |
2023 |
2022 |
Trade debtors |
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Prepayments |
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Other debtors |
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- |
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Creditors |
Creditors: amounts falling due within one year
2023 |
2022 |
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Due within one year |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Financial commitments, guarantees and contingencies |
Amounts not provided for in the balance sheet
The total amount of financial commitments not included in the balance sheet is £
Related party transactions |
The company has taken advantage from the exemption in section 33 of FRS102 from disclosing transactions with the group.
Parent and ultimate parent undertaking |
The Company's immediate parent is