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REGISTERED NUMBER: 13497347 (England and Wales)

















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Sym Care Ltd

Sym Care Ltd (Registered number: 13497347)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sym Care Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: Mr S Akhtar





REGISTERED OFFICE: 20 Milldun Way
High Wycombe
Buckinghamshire
HP12 3JA





REGISTERED NUMBER: 13497347 (England and Wales)





ACCOUNTANTS: Lishmans LLP
16-18 Station Road
Chapeltown
Sheffield
South Yorkshire
S35 2XH

Sym Care Ltd (Registered number: 13497347)

Balance Sheet
31 July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 11,517 17,276
Tangible assets 5 1,812 2,240
13,329 19,516

CURRENT ASSETS
Debtors 6 27,631 19,229
Cash at bank 96,964 63,596
124,595 82,825
CREDITORS
Amounts falling due within one year 7 107,528 55,656
NET CURRENT ASSETS 17,067 27,169
TOTAL ASSETS LESS CURRENT
LIABILITIES

30,396

46,685

CREDITORS
Amounts falling due after more than
one year

8

(12,741

)

(21,630

)

PROVISIONS FOR LIABILITIES 9 (344 ) (426 )
NET ASSETS 17,311 24,629

Sym Care Ltd (Registered number: 13497347)

Balance Sheet - continued
31 July 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 1 1
Retained earnings 17,310 24,628
SHAREHOLDERS' FUNDS 17,311 24,629

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 January 2025 and were signed by:





Mr S Akhtar - Director


Sym Care Ltd (Registered number: 13497347)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Sym Care Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Franchise Fee are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance basis
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Sym Care Ltd (Registered number: 13497347)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The company meets its day to day working capital requirements through monies introduced by the director. The director will continue to provide funds as they are required by the company to meet it's day to day requirements. On this basis, the director considers it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of funds.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2023 - 24 ) .

Sym Care Ltd (Registered number: 13497347)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 August 2023
and 31 July 2024 28,794
AMORTISATION
At 1 August 2023 11,518
Charge for year 5,759
At 31 July 2024 17,277
NET BOOK VALUE
At 31 July 2024 11,517
At 31 July 2023 17,276

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 4,369
Additions 902
At 31 July 2024 5,271
DEPRECIATION
At 1 August 2023 2,129
Charge for year 1,330
At 31 July 2024 3,459
NET BOOK VALUE
At 31 July 2024 1,812
At 31 July 2023 2,240

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 27,631 19,229

Sym Care Ltd (Registered number: 13497347)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 8,000 8,000
Taxation and social security 14,037 14,157
Other creditors 85,491 33,499
107,528 55,656

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 12,741 21,630

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 344 426

Deferred
tax
£   
Balance at 1 August 2023 426
Provided during year (82 )
Balance at 31 July 2024 344

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary 1 1 1