Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-01falseNo description of principal activity11truetruefalse 07538291 2023-04-01 2024-03-31 07538291 2022-04-01 2023-03-31 07538291 2024-03-31 07538291 2023-03-31 07538291 2022-04-01 07538291 c:Director1 2023-04-01 2024-03-31 07538291 d:MotorVehicles 2023-04-01 2024-03-31 07538291 d:MotorVehicles 2024-03-31 07538291 d:MotorVehicles 2023-03-31 07538291 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 07538291 d:OfficeEquipment 2023-04-01 2024-03-31 07538291 d:OfficeEquipment 2024-03-31 07538291 d:OfficeEquipment 2023-03-31 07538291 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 07538291 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 07538291 d:CurrentFinancialInstruments 2024-03-31 07538291 d:CurrentFinancialInstruments 2023-03-31 07538291 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 07538291 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 07538291 d:ShareCapital 2024-03-31 07538291 d:ShareCapital 2023-03-31 07538291 d:RetainedEarningsAccumulatedLosses 2024-03-31 07538291 d:RetainedEarningsAccumulatedLosses 2023-03-31 07538291 c:FRS102 2023-04-01 2024-03-31 07538291 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07538291 c:FullAccounts 2023-04-01 2024-03-31 07538291 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07538291 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 07538291 d:AcceleratedTaxDepreciationDeferredTax 2023-03-31 07538291 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 07538291









SYNERGY HOME MANAGEMENT LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

 
SYNERGY HOME MANAGEMENT LIMITED
REGISTERED NUMBER: 07538291

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
7,147
26,470

Current assets
  

Debtors: amounts falling due within one year
 5 
308,711
177,592

Cash at bank and in hand
  
22,985
16,392

  
331,696
193,984

Creditors: amounts falling due within one year
 6 
(186,466)
(79,847)

Net current assets
  
 
 
145,230
 
 
114,137

Total assets less current liabilities
  
152,377
140,607

Provisions for liabilities
  

Deferred tax
 7 
(1,787)
(6,618)

Net assets
  
150,590
133,989


Capital and reserves
  

Called up share capital 
  
12
12

Profit and loss account
  
150,578
133,977

  
150,590
133,989


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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.

Page 1

 
SYNERGY HOME MANAGEMENT LIMITED
REGISTERED NUMBER: 07538291
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 December 2024.




................................................
S Arora
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
SYNERGY HOME MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Synergy Home Management Limited ("the Company") is a private company limited by shares, incorporated in England and Wales. Its registered office is First Floor 12A, Green Street, Forest Gate, London, E7 8BZ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to the Statement of income and retained earnings on a straight-line basis over the lease term.

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in the Statement of income and retained earnings except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Page 3

 
SYNERGY HOME MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following annual bases:

Motor vehicles
-
20% straight line
Office equipment
-
20% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of income and retained earnings.

 
2.6

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.8

Creditors

Short term creditors are measured at the transaction price.

 
2.9

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to the Statement of income and retained earnings.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
SYNERGY HOME MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Tangible fixed assets





Motor vehicles
Office equipment
Total

£
£
£



Cost


At 1 April 2023
88,292
32,884
121,176



At 31 March 2024

88,292
32,884
121,176



Depreciation


At 1 April 2023
66,219
28,487
94,706


Charge for the year on owned assets
17,658
1,665
19,323



At 31 March 2024

83,877
30,152
114,029



Net book value



At 31 March 2024
4,415
2,732
7,147



At 31 March 2023
22,073
4,397
26,470

Page 5

 
SYNERGY HOME MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Trade debtors
49,367
27,351

Other debtors
259,344
150,241

308,711
177,592



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
129
138

Corporation tax
10,364
3,452

Other taxation and social security
19,623
14,490

Other creditors
151,897
57,580

Accruals
4,453
4,187

186,466
79,847



7.


Deferred taxation




2024
2023


£

£






At beginning of year
(6,618)
(8,743)


Charged to the Statement of income and retained earnings
4,831
2,125



At end of year
(1,787)
(6,618)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(1,787)
(6,618)

 
Page 6