Company Registration No. 10478264 (England and Wales)
Synergy Advisors Limited
Unaudited accounts
for the year ended 30 November 2024
Synergy Advisors Limited
Unaudited accounts
Contents
Synergy Advisors Limited
Company Information
for the year ended 30 November 2024
Director
OUNTZOUDIS, Dimitris
Company Number
10478264 (England and Wales)
Registered Office
6 Edison Village
Nottingham Science & Technology Park
Nottingham
Nottinghamshire
NG72RF
United Kingdom
Accountants
Archimedia Accounts
6 Edison Village
Nottingham Science & Technology Park
Nottingham
Nottinghamshire
NG72RF
Synergy Advisors Limited
Statement of financial position
as at 30 November 2024
Cash at bank and in hand
1,112
794
Creditors: amounts falling due within one year
(758)
(207)
Net current assets
523
692
Total assets less current liabilities
1,129
778
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
1,013
777
Shareholders' funds
1,014
778
For the year ending 30 November 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 his 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 15 February 2025 and were signed on its behalf by
OUNTZOUDIS, Dimitris
Director
Company Registration No. 10478264
Synergy Advisors Limited
Notes to the Accounts
for the year ended 30 November 2024
Synergy Advisors Limited is a private company, limited by shares, registered in England and Wales, registration number 10478264. The registered office is 6 Edison Village, Nottingham Science & Technology Park, Nottingham, Nottinghamshire, NG72RF, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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% reducing balance
Fixtures & fittings
25% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Synergy Advisors Limited
Notes to the Accounts
for the year ended 30 November 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2023
647
-
647
At 30 November 2024
-
718
718
At 1 December 2023
561
-
561
Charge for the year
-
112
112
At 30 November 2024
-
112
112
At 30 November 2024
-
606
606
At 30 November 2023
86
-
86
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
679
-
Loans from directors
79
207
7
Deferred taxation
2024
2023
Other deferred taxation
115
-
Charged to the profit and loss account
115
-
Provision at end of year
115
-
8
Transactions with related parties
During the year interest free loans were made available to the business by directors of £79 (2023 £207)
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).