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Registered number: 10781976

Tax Synergy Limited

ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024

Prepared By:
J D Services (South East) Limited
Chartered Certified Accountants
95 London Road
Maidstone
Kent
ME16 0EB

Tax Synergy Limited

ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
DIRECTORS
Mark James Brindley
REGISTERED OFFICE
The Lodge
79 Ashley Road
Walton-on-Thames
Surrey
KT12 1HQ
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10781976
ACCOUNTANTS
J D Services (South East) Limited
Chartered Certified Accountants
95 London Road
Maidstone
Kent
ME16 0EB

Tax Synergy Limited

ACCOUNTS
FOR THEYEARENDED31 MARCH 2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Tax Synergy Limited

BALANCE SHEET AT 31 March 2024
20242023
Notes££
FIXED ASSETS
Tangible assets324,82126,182
CURRENT ASSETS
Work in progress5,4954,931
Cash at bank and in hand1,8849,366
7,37914,297
CREDITORS: Amounts falling due within one year516,24918,749
NET CURRENT LIABILITIES(8,870)(4,452)
TOTAL ASSETS LESS CURRENT LIABILITIES15,95121,730
PROVISIONS FOR LIABILITIES AND CHARGES6313513
NET ASSETS15,63821,217
CAPITAL AND RESERVES
Called up share capital7150150
Profit and loss account15,48821,067
SHAREHOLDERS' FUNDS15,63821,217
For the year ending 31 March 2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 18 July 2024 and signed on their behalf by
.............................
Mark James Brindley
Director

Tax Synergy Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildingsstraight line 10%
Fixtures and Fittingsreducing balance 15%
Equipmentstraight line 25%
1c. Work in progress
Work in progress is valued at the lower of cost and estimated fee chargeable less costs expected to be incurred to completion. Work in progress is recognised to the extent that no right to consideration exists for work at the balance sheet date. It is valued at the lower of cost and net realisable value.
2. EMPLOYEES
20242023
No.No.
Average number of employees11

Tax Synergy Limited

3. TANGIBLE FIXED ASSETS
Office PremisesFixtures
and FittingsEquipmentTotal
££££
Cost
At 1 April 202325,7593,0076,40435,170
Additions2,448--2,448
At 31 March 202428,2073,0076,40437,618
Depreciation
At 1 April 20232,2751,1095,6048,988
For the year2,7604745753,809
At 31 March 20245,0351,5836,17912,797
Net Book Amounts
At 31 March 202423,1721,42422524,821
At 31 March 202323,4841,89880026,182
4. STOCK 20242023
££
This comprises:
Work in progress5,4954,931
5,4954,931
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax7,4289,164
VAT3041,707
Directors current account325206
Accruals4,2867,672
Amounts due to related companies3,906-
16,24918,749
6. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation313513
313513

Tax Synergy Limited

7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
50 Ordinary A shares of £1 each5050
150150
8. CONTROLLING PARTY
The controlling party is Mark James Brindley
9. RELATED PARTY TRANSACTIONS
During the year a related company, M B Financial Synergy Limited, paid for costs on behalf of the company, amounting to £3,906. An amount of £3,906 remainded outstanding at the year end and was included in creditors.