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Company Registration No. 12713353 (England and Wales)
Syson Properties Ltd Unaudited accounts for the year ended 31 July 2024
Syson Properties Ltd Unaudited accounts Contents
Page
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Syson Properties Ltd Company Information for the year ended 31 July 2024
Directors
Martin Syson Joanne Neil
Company Number
12713353 (England and Wales)
Registered Office
72 Windermere Road Carnforth LA5 9AS England
Accountants
Unisolutions Ltd 6-4-3 Alston House White Cross Industrial Estate Lancaster Lancashire LA1 4XF
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Syson Properties Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
126,030 
128,770 
Current assets
Debtors
2,000 
2,000 
Cash at bank and in hand
3,544 
3,589 
5,544 
5,589 
Creditors: amounts falling due within one year
(44,502)
(47,543)
Net current liabilities
(38,958)
(41,954)
Total assets less current liabilities
87,072 
86,816 
Creditors: amounts falling due after more than one year
(98,727)
(98,727)
Net liabilities
(11,655)
(11,911)
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
(11,659)
(11,915)
Shareholders' funds
(11,655)
(11,911)
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts 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 FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 August 2024 and were signed on its behalf by
Martin Syson Director Company Registration No. 12713353
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Syson Properties Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Syson Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 12713353. The registered office is 72 Windermere Road, Carnforth, LA5 9AS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
50 years
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 August 2023
136,990 
At 31 July 2024
136,990 
Depreciation
At 1 August 2023
8,220 
Charge for the year
2,740 
At 31 July 2024
10,960 
Net book value
At 31 July 2024
126,030 
At 31 July 2023
128,770 
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Syson Properties Ltd Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
2,000 
2,000 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
750 
750 
Loans from directors
43,428 
46,493 
Accruals
324 
300 
44,502 
47,543 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
98,727 
98,727 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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