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Company Registration No. 08920354 (England and Wales)
SJ Synergy Ltd Unaudited accounts for the year ended 31 March 2024
SJ Synergy Ltd Unaudited accounts Contents
Page
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SJ Synergy Ltd Company Information for the year ended 31 March 2024
Director
Mrs J C Gibson
Company Number
08920354 (England and Wales)
Registered Office
Vulcan Street Clough Road Hull East Yorkshire HU6 7PS England
Accountants
Kendall Accountancy Services Limited 2 Exeter Street New Village Road Cottingham East Yorkshire HU16 4LU
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SJ Synergy Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
72,362 
96,405 
Current assets
Cash at bank and in hand
302 
402 
Creditors: amounts falling due within one year
(50,942)
(51,059)
Net current liabilities
(50,640)
(50,657)
Total assets less current liabilities
21,722 
45,748 
Creditors: amounts falling due after more than one year
(13,441)
(22,554)
Provisions for liabilities
Deferred tax
- 
(1,663)
Net assets
8,281 
21,531 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
8,280 
21,530 
Shareholders' funds
8,281 
21,531 
For the year ending 31 March 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 director acknowledges her 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 and authorised for issue on 16 October 2024 and were signed on its behalf by
Mrs J C Gibson Director Company Registration No. 08920354
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SJ Synergy Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
SJ Synergy Ltd is a private company, limited by shares, registered in England and Wales, registration number 08920354. The registered office is Vulcan Street, Clough Road, Hull, East Yorkshire, HU6 7PS, 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:
Plant & machinery
25% WDV
Motor vehicles
20% WDV
Fixtures & fittings
20% WDV
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
226,419 
4,517 
1,035 
231,971 
At 31 March 2024
226,419 
4,517 
1,035 
231,971 
Depreciation
At 1 April 2023
131,421 
3,333 
812 
135,566 
Charge for the year
23,750 
237 
56 
24,043 
At 31 March 2024
155,171 
3,570 
868 
159,609 
Net book value
At 31 March 2024
71,248 
947 
167 
72,362 
At 31 March 2023
94,998 
1,184 
223 
96,405 
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SJ Synergy Ltd Notes to the Accounts for the year ended 31 March 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
2,352 
2,469 
Amounts owed to group undertakings and other participating interests
13,922 
13,922 
Loans from directors
24,668 
24,668 
50,942 
51,059 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
13,441 
22,554 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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