APPSYNX LTD

Company Registration Number:
07110959 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

APPSYNX LTD

Company Information

for the Period Ended 31 December 2024




Director: MICHAEL WEST
Secretary: RICHARD WEST
Registered office: 70
Gracechurch Street
Monument
London
England
EC3V 0HR
Company Registration Number: 07110959 (England and Wales)

APPSYNX LTD

Directors' Report Period Ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal Activities

The company's principal activity during the period was producing solutions for customers with Oracle software

Directors

The directors shown below have held office during the whole of the period from 01 January 2024 to 31 December 2024
MICHAEL WEST

Secretary
RICHARD WEST

This report was approved by the board of directors on 10 February 2025
And Signed On Behalf Of The Board By:

Name: MICHAEL WEST
Status: Director

APPSYNX LTD

Profit and Loss Account

for the Period Ended 31 December 2024


Notes

2024
£

2023
£
Turnover 206,775 192,652
Gross Profit or (Loss) 206,775 192,652
Administrative Expenses ( 141,788 ) ( 143,597 )
Operating Profit or (Loss) 64,987 49,055
Interest Receivable and Similar Income 885 1,199
Interest Payable and Similar Charges ( 996 ) ( 1,131 )
Profit or (Loss) Before Tax 4 64,876 49,123
Tax on Profit ( 13,442 ) ( 9,333 )
Profit or (Loss) for Period 51,434 39,790

The notes form part of these financial statements

APPSYNX LTD

Balance sheet

As at 31 December 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 6 165,105 67,980
Total fixed assets: 165,105 67,980
Current assets
Cash at bank and in hand: 3,144 48,960
Total current assets: 3,144 48,960
Creditors: amounts falling due within one year: 7 ( 13,442 ) ( 9,333 )
Net current assets (liabilities): ( 10,298 ) 39,627
Total assets less current liabilities: 154,807 107,607
Creditors: amounts falling due after more than one year: 8 ( 25,187 ) ( 29,631 )
Total net assets (liabilities): 129,620 77,976

The notes form part of these financial statements

APPSYNX LTD

Balance sheet continued

As at 31 December 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 128,620 76,976
Shareholders funds: 129,620 77,976

For the year ending 31 December 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.

This report was approved by the board of directors on 10 February 2025
And Signed On Behalf Of The Board By:

Name: MICHAEL WEST
Status: Director

The notes form part of these financial statements

APPSYNX LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 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

APPSYNX LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

    Director MICHAEL WEST (Dividends Only)
    Employee KIRSTY WEST (PAYE)

APPSYNX LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 3. Off balance sheet disclosure

    No

APPSYNX LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4.Profit or (Loss) before tax

The turnover and costs shown in the profit and loss account exclude VAT

APPSYNX LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Dividends


2024
£

2023
£
Dividends paid 0 40,000

Last Dividends were accounted for in 2023 accounts.
No extra Dividends were paid in 2024 accounts.
0 MICHAEL WEST (Shareholder)
0 KIRSTY WEST (Shareholder)

APPSYNX LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Tangible assets

Land & buildings Total
Cost £ £
At 01 January 2024 67,980 67,980
Additions 97,125 97,125
Disposals - -
Revaluations - -
Transfers - -
At 31 December 2024 165,105 165,105
Depreciation
At 01 January 2024 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 31 December 2024 - -
Net book value
At 31 December 2024 165,105 165,105
At 31 December 2023 67,980 67,980

Property1 (2023): 67,980 [66000 Purchase + 1980 Stamp Duty]
Property2 (2024): 97,125 [92500 Purchase + 4625 Stamp Duty]

APPSYNX LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

7.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 13,442 9,333
Total 13,442 9,333

Corporation Tax 13442

APPSYNX LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

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


2024
£

2023
£
Bank loans and overdrafts 25,187 29,631
Total 25,187 29,631

Bounce Back Loan Scheme