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Company Registration No. 08418863 (England and Wales)
SYL LINK LTD Unaudited accounts for the year ended 31 July 2024
SYL LINK LTD Unaudited accounts Contents
Page
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SYL LINK LTD Company Information for the year ended 31 July 2024
Director
MOHAMMED NOORE ALAM
Company Number
08418863 (England and Wales)
Registered Office
156 GEORGE LANE LONDON E18 1AY ENGLAND
Accountants
RK ACCOUNTANTS LTD HALL 1 THE WHITECHAPEL CENTRE 85 MYRDLE STREET LONDON E1 1HL
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SYL LINK LTD Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
151,500 
162,333 
Current assets
Inventories
9,171 
8,418 
Cash at bank and in hand
5,611 
7,889 
14,782 
16,307 
Creditors: amounts falling due within one year
(63,269)
(61,120)
Net current liabilities
(48,487)
(44,813)
Total assets less current liabilities
103,013 
117,520 
Creditors: amounts falling due after more than one year
(78,106)
(116,579)
Net assets
24,907 
941 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
24,906 
940 
Shareholders' funds
24,907 
941 
For the year ending 31 July 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 14 April 2025 and were signed on its behalf by
MOHAMMED NOORE ALAM Director Company Registration No. 08418863
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SYL LINK LTD Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
SYL LINK LTD is a private company, limited by shares, registered in England and Wales, registration number 08418863. The registered office is 156 GEORGE LANE, LONDON, E18 1AY, 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:
Plant & machinery
10%
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 August 2023
271,701 
Additions
6,000 
At 31 July 2024
277,701 
Depreciation
At 1 August 2023
109,368 
Charge for the year
16,833 
At 31 July 2024
126,201 
Net book value
At 31 July 2024
151,500 
At 31 July 2023
162,333 
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SYL LINK LTD Notes to the Accounts for the year ended 31 July 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,657 
1,377 
Taxes and social security
17,022 
17,654 
Other creditors
4,684 
- 
Accruals
39,906 
42,089 
63,269 
61,120 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
39,817 
81,903 
Loans from directors
38,289 
34,676 
78,106 
116,579 
7
Average number of employees
During the year the average number of employees was 15 (2023: 15).
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