11 13 Sytrus Ltd 10096044 false 2024-07-01 2025-06-30 2025-06-30 The principal activity of the company is accounting and bookkeeping services. Digita Accounts Production Advanced 6.30.9574.0 true 10096044 2024-07-01 2025-06-30 10096044 2025-06-30 10096044 core:RetainedEarningsAccumulatedLosses 2025-06-30 10096044 core:ShareCapital 2025-06-30 10096044 core:SharePremium 2025-06-30 10096044 core:CurrentFinancialInstruments 2025-06-30 10096044 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-30 10096044 core:Non-currentFinancialInstruments core:AfterOneYear 2025-06-30 10096044 bus:SmallEntities 2024-07-01 2025-06-30 10096044 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 10096044 bus:AbridgedAccounts 2024-07-01 2025-06-30 10096044 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 10096044 bus:RegisteredOffice 2024-07-01 2025-06-30 10096044 bus:Director1 2024-07-01 2025-06-30 10096044 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 10096044 core:IntangibleAssetsOtherThanGoodwill 2024-07-01 2025-06-30 10096044 core:OfficeEquipment 2024-07-01 2025-06-30 10096044 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2024-07-01 2025-06-30 10096044 countries:England 2024-07-01 2025-06-30 10096044 2023-07-01 2024-06-30 10096044 2024-06-30 10096044 core:RetainedEarningsAccumulatedLosses 2024-06-30 10096044 core:ShareCapital 2024-06-30 10096044 core:SharePremium 2024-06-30 10096044 core:CurrentFinancialInstruments 2024-06-30 10096044 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 10096044 core:Non-currentFinancialInstruments core:AfterOneYear 2024-06-30 xbrli:pure iso4217:GBP

Registration number: 10096044

Sytrus Ltd
Annual Report and Unaudited Abridged Financial Statements
for the Year Ended 30 June 2025

Sytrus Ltd

Contents

Company Information | 1
Director's Report | 2
Abridged Balance Sheet | 3 to 4
Notes to the Unaudited Abridged Financial Statements | 5 to 8

Sytrus Ltd

Company Information

Director | Z R Tanner

Registered office | Fox Court 14 Gray's Inn Road London WC1X 8HN

Sytrus Ltd

Director's Report for the Year Ended 30 June 2025

The director presents her report and the abridged financial statements for the year ended 30 June 2025.

Director of the company

The director who held office during the year was as follows:

Z R Tanner

Principal activity

The principal activity of the company is accounting and bookkeeping services.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 5 September 2025

......................................... Z R Tanner Director

Sytrus Ltd

(Registration number: 10096044)
Abridged Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets |  | 7,211 | 7,452
Current assets |  |  |
Debtors |  | 107,309 | 134,541
Cash at bank and in hand |  | 120,696 | 67,120
|  | 228,005 | 201,661
Prepayments and accrued income |  | 18,747 | 34,024
Creditors: Amounts falling due within one year |  | (127,834) | (119,971)
Net current assets |  | 118,918 | 115,714
Total assets less current liabilities |  | 126,129 | 123,166
Creditors: Amounts falling due after more than one year |  | - | (10,102)
Accruals and deferred income |  | (14,423) | (11,220)
Net assets |  | 111,706 | 101,844
Capital and reserves |  |  |
Called up share capital |  | 125 | 125
Share premium reserve |  | 29,975 | 29,975
Retained earnings |  | 81,606 | 71,744
Shareholders' funds |  | 111,706 | 101,844

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Sytrus Ltd

(Registration number: 10096044)
Abridged Balance Sheet as at 30 June 2025

All of the company’s members have consented to the preparation of an Abridged Balance Sheet and have elected to take the option not to file the Profit and Loss Account in accordance with Section 444 of the Companies Act 2006

Approved and authorised by the director on 5 September 2025

.........................................

Z R Tanner

Director

Sytrus Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Fox Court
14 Gray's Inn Road
London
WC1X 8HN
United Kingdom

These financial statements were authorised for issue by the director on 5 September 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Sytrus Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2025

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Office & computer equipment | 2 - 4 years straight line

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Website | 3 years straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Sytrus Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2025

Trade debtors

trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Sytrus Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 11 (2024 - 13).

4 | Related party transactions

Summary of transactions with entities with joint control or significant interest

During the year, Sytrus Ltd loaned Zestments Ltd £12,600 (2024: £95,605) and Zestments made repayments of £36,975 during the year (2024: £nil). At the reporting date, Sytrus Ltd is owed £70,403 by Zestments Ltd (2024: £97,479).
Zestments Ltd and Sytrus Ltd are Companies under mutual control.