REGISTERED NUMBER: 04390460 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Synergi Search & Select Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTORS:

Mr C Shah

Mrs R Shah

REGISTERED OFFICE:

Unit 1 & 2 2 Lord Street

Watford

Hertfordshire

WD17 2LQ

REGISTERED NUMBER:

04390460 (England and Wales)

ACCOUNTANTS:

Libra Wealth Management Limited

Suite 5, 10 Churchill Square

West Malling

Kent

ME19 4YU

FIXED ASSETS

Tangible assets

4

184,530

468,152

CURRENT ASSETS

Debtors

5

919,215

940,372

Cash at bank and in hand

323,122

177,997

1,242,337

1,118,369

CREDITORS

Amounts falling due within one year

6

275,413

369,537

NET CURRENT ASSETS

966,924

748,832

TOTAL ASSETS LESS CURRENT LIABILITIES

1,151,454

1,216,984

CREDITORS

Amounts falling due after more than one year

7

(91,216

)

(117,547

)

PROVISIONS FOR LIABILITIES

(40,852

)

(39,527

)

NET ASSETS

1,019,386

1,059,910

CAPITAL AND RESERVES

Called up share capital

9

25

22

Retained earnings

1,019,361

1,059,888

SHAREHOLDERS' FUNDS

1,019,386

1,059,910

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 19 August 2025 and were signed on its behalf by:

Mr C Shah - Director

1.	STATUTORY INFORMATION

Synergi Search & Select Limited 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 for services provided in the normal course of business, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on cost, 25% on reducing balance and Straight line over 15 years

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

308,219

231,545

539,764

Additions

150

53,702

53,852

Disposals

(308,369

)

(15,080

)

(323,449

)

At 31 December 2024

-

270,167

270,167

DEPRECIATION

At 1 January 2024

2,473

69,139

71,612

Charge for year

155

16,498

16,653

Eliminated on disposal

(2,628

)

-

(2,628

)

At 31 December 2024

-

85,637

85,637

NET BOOK VALUE

At 31 December 2024

-

184,530

184,530

At 31 December 2023

305,746

162,406

468,152

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

505,951

858,291

Amounts owed by group undertakings

381,638

74,000

Other debtors

31,626

8,081

919,215

940,372

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts

36,771

25,946

Trade creditors

55,719

82,411

Taxation and social security

130,414

204,856

Other creditors

52,509

56,324

275,413

369,537

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

91,216

83,457

Other creditors

-

34,090

91,216

117,547

8.	SECURED DEBTS

A charge over the company's assets was registered post-year end following a property purchase by the company's parent.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

24,750

Ordinary 'A'

£0.00

1

25

2

250

Ordinary 'B'

£0.00

1

-

20

25

22

During the year, the £1 Ordinary 'B' shares were reclassified to £1 Ordinary 'A' shares. The £1 Ordinary 'A' shares were then sub-divided to a nominal value of £0.001 per share. Following the sub-division, 250 £0.001 Ordinary 'A' shares were issued at nominal value.

Simultaneously, 250 Ordinary 'B' shares were issued at par, with a nominal value of £0.001 per share.

Ordinary 'A' shares and Ordinary 'B' shares rank pari passu in all respects except that the Ordinary 'B' shares do not have voting nor dividend rights attached.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is C Shah and R Shah.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Synergi Search & Select Limited for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Synergi Search & Select Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Synergi Search & Select Limited and state those matters that we have agreed to state to the Board of Directors of Synergi Search & Select Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Synergi Search & Select Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Synergi Search & Select Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Synergi Search & Select Limited. You consider that Synergi Search & Select Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Synergi Search & Select Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Libra Wealth Management Limited

Suite 5, 10 Churchill Square

West Malling

Kent

ME19 4YU

19 August 2025