SYNDEW MARKETPLACE LIMITED

Company Registration Number:
12355408 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

SYNDEW MARKETPLACE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

SYNDEW MARKETPLACE LIMITED

Company Information

for the Period Ended 31 December 2023




Director: Akinkunmi Odeyale
Dayo Oluyemi
Registered office: 111 Tower Road
Erdington
Birmingham
England
B23 6GJ
Company Registration Number: 12355408 (England and Wales)

SYNDEW MARKETPLACE LIMITED

Profit and Loss Account

for the Period Ended 31 December 2023


Notes

2023
£

2022
£
Turnover 41,185 -
Cost of sales ( 44,500 ) -
Gross Profit or (Loss) ( 3,315 ) -
Income from coronavirus (COVID-19) business support grants 0 -
Distribution Costs ( 883 ) -
Administrative Expenses ( 1,997 ) -
Operating Profit or (Loss) ( 6,195 ) -
Interest Payable and Similar Charges ( 10,637 ) -
Profit or (Loss) Before Tax ( 16,832 ) -
Tax on Profit ( 0 ) -
Profit or (Loss) for Period ( 16,832 ) -

The notes form part of these financial statements

SYNDEW MARKETPLACE LIMITED

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 2,000 2,000
Total fixed assets: 2,000 2,000
Current assets
Stocks: 0
Debtors: 5 0
Cash at bank and in hand: 0
Total current assets: 0
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 6 ( 32,103 )
Net current assets (liabilities): ( 32,103 )
Total assets less current liabilities: ( 30,103 ) 2,000
Creditors: amounts falling due after more than one year: 7 ( 0 )
Provision for liabilities: ( 1,000 ) ( 1 )
Accruals and deferred income: ( 0 )
Total net assets (liabilities): ( 31,103 ) 1,999

The notes form part of these financial statements

SYNDEW MARKETPLACE LIMITED

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 2,001
Revaluation reserve: 8 0
Profit and loss account: ( 31,104 ) ( 2 )
Shareholders funds: ( 31,103 ) 1,999

For the year ending 31 December 2023 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.

This report was approved by the board of directors on 7 November 2024
And Signed On Behalf Of The Board By:

Name: Akinkunmi Odeyale
Status: Director

Name: Dayo Oluyemi
Status: Director

The notes form part of these financial statements

SYNDEW MARKETPLACE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SYNDEW MARKETPLACE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

SYNDEW MARKETPLACE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

SYNDEW MARKETPLACE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Intangible assets

Goodwill Total
Cost £ £
At 01 January 2023 2,000 2,000
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 December 2023 2,000 2,000
Amortisation
Amortisation at 01 January 2023 - -
Charge for year 0 0
On disposals - -
Other adjustments - -
Amortisation at 31 December 2023 0 0
Net book value
Net book value at 31 December 2023 2,000 2,000
Net book value at 31 December 2022 2,000 2,000

NA

SYNDEW MARKETPLACE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Debtors


2023
£

2022
£
Trade debtors 0
Prepayments and accrued income 0
Other debtors 0
Total 0

NA

SYNDEW MARKETPLACE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 32,103
Total 32,103

NA

SYNDEW MARKETPLACE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Other creditors 0
Total 0

MA

SYNDEW MARKETPLACE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

8. Revaluation reserve


2023
£
Surplus or deficit after revaluation 0
Balance at 31 December 2023 0

NA