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Company Registration No. 14123580 (England and Wales)
Open Synergy Limited Unaudited accounts for the year ended 31 May 2024
Open Synergy Limited Unaudited accounts Contents
Page
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Open Synergy Limited Company Information for the year ended 31 May 2024
Director
Mohamed Ilham ABDUL AZEEZ
Company Number
14123580 (England and Wales)
Registered Office
5 ST. GEORGES YARD FARNHAM GU9 7LW ENGLAND
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Open Synergy Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
284 
567 
Current assets
Debtors
12,000 
12,000 
Cash at bank and in hand
869 
- 
12,869 
12,000 
Creditors: amounts falling due within one year
(12,276)
(11,970)
Net current assets
593 
30 
Net assets
877 
597 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
777 
497 
Shareholders' funds
877 
597 
For the year ending 31 May 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 1 March 2024 and were signed on its behalf by
Mohamed Ilham ABDUL AZEEZ Director Company Registration No. 14123580
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Open Synergy Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Open Synergy Limited is a private company, limited by shares, registered in England and Wales, registration number 14123580. The registered office is 5 ST. GEORGES YARD, FARNHAM, GU9 7LW, 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.
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:
Computer equipment
33% at cost
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2023
850 
At 31 May 2024
850 
Depreciation
At 1 June 2023
283 
Charge for the year
283 
At 31 May 2024
566 
Net book value
At 31 May 2024
284 
At 31 May 2023
567 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
12,000 
12,000 
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Open Synergy Limited Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
306 
- 
Other creditors
4,000 
4,000 
Loans from directors
5,450 
6,050 
Accruals
2,520 
1,920 
12,276 
11,970 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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