REGISTERED NUMBER: |
REPORT OF THE DIRECTORS AND |
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023 |
FOR |
SYMAC TECHNOLOGIES LIMITED |
REGISTERED NUMBER: |
REPORT OF THE DIRECTORS AND |
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023 |
FOR |
SYMAC TECHNOLOGIES LIMITED |
SYMAC TECHNOLOGIES LIMITED (Registered number: 04107656) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 30 NOVEMBER 2023 |
Page |
Company Information | 1 |
Report of the Directors | 2 |
Statement of Income and Retained Earnings | 3 |
Statement of Financial Position | 4 |
Notes to the Financial Statements | 6 |
SYMAC TECHNOLOGIES LIMITED |
COMPANY INFORMATION |
for the Year Ended 30 NOVEMBER 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
The Annexe, Minerva House |
Bordyke |
Tonbridge |
Kent |
TN9 1NR |
BANKERS: |
SYMAC TECHNOLOGIES LIMITED (Registered number: 04107656) |
REPORT OF THE DIRECTORS |
for the Year Ended 30 NOVEMBER 2023 |
The directors present their report with the financial statements of the company for the year ended 30 November 2023. |
CESSATION OF TRADING |
The company ceased trading on 30 November 2023. |
PRINCIPAL ACTIVITIES |
The principal activities of the company in the year under review were those of communications consultants and IT repairs. |
DIVIDENDS |
An interim dividend of £350 per share was paid on 30 November 2023. The directors recommend that no final dividend be paid. |
The total distribution of dividends for the year ended 30 November 2023 will be £ |
DIRECTORS |
The directors shown below have held office during the whole of the period from 1 December 2022 to the date of this report. |
ON BEHALF OF THE BOARD: |
SYMAC TECHNOLOGIES LIMITED (Registered number: 04107656) |
STATEMENT OF INCOME AND |
RETAINED EARNINGS |
for the Year Ended 30 NOVEMBER 2023 |
30.11.23 | 30.11.22 |
Notes | £ | £ |
TURNOVER |
Cost of sales |
GROSS PROFIT |
Administrative expenses |
OPERATING LOSS and |
LOSS BEFORE TAXATION | ( |
) | ( |
) |
Tax on loss | 5 |
LOSS FOR THE FINANCIAL YEAR | ( |
) | ( |
) |
Retained earnings at beginning of year |
Dividends | ( |
) |
RETAINED EARNINGS AT END OF YEAR |
SYMAC TECHNOLOGIES LIMITED (Registered number: 04107656) |
STATEMENT OF FINANCIAL POSITION |
30 NOVEMBER 2023 |
30.11.23 | 30.11.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 6 |
CURRENT ASSETS |
Debtors | 7 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 8 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 9 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
SYMAC TECHNOLOGIES LIMITED (Registered number: 04107656) |
STATEMENT OF FINANCIAL POSITION - continued |
30 NOVEMBER 2023 |
The financial statements were approved by the Board of Directors and authorised for issue on |
SYMAC TECHNOLOGIES LIMITED (Registered number: 04107656) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 30 NOVEMBER 2023 |
1. | STATUTORY INFORMATION |
SYMAC TECHNOLOGIES LIMITED is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
4. | OPERATING LOSS |
The operating loss is stated after charging: |
30.11.23 | 30.11.22 |
£ | £ |
Depreciation - owned assets |
SYMAC TECHNOLOGIES LIMITED (Registered number: 04107656) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 30 NOVEMBER 2023 |
5. | TAXATION |
Analysis of the tax charge |
No liability to UK corporation tax arose for the year ended 30 November 2023 nor for the year ended 30 November 2022. |
6. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 December 2022 |
Disposals | ( |
) |
At 30 November 2023 |
DEPRECIATION |
At 1 December 2022 |
and 30 November 2023 |
NET BOOK VALUE |
At 30 November 2023 |
At 30 November 2022 |
7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.11.23 | 30.11.22 |
£ | £ |
Other debtors |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.11.23 | 30.11.22 |
£ | £ |
Other creditors |
9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
30.11.23 | 30.11.22 |
£ | £ |
Other creditors |