Company registration number 09217834 (England and Wales)
SYMBRO GROUP LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
SYMBRO GROUP LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
SYMBRO GROUP LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investments
3
2,136,499
2,136,499
Current assets
Debtors
4
600,000
600,000
Cash at bank and in hand
23,969
62,810
623,969
662,810
Creditors: amounts falling due within one year
5
(1,734,550)
(1,530,917)
Net current liabilities
(1,110,581)
(868,107)
Total assets less current liabilities
1,025,918
1,268,392
Creditors: amounts falling due after more than one year
6
(129,313)
Net assets
1,025,918
1,139,079
Capital and reserves
Called up share capital
937,202
937,202
Profit and loss reserves
88,716
201,877
Total equity
1,025,918
1,139,079
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 16 July 2025 and are signed on its behalf by:
Mr H J Brown
Director
Company registration number 09217834 (England and Wales)
SYMBRO GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 2 -
1
Accounting policies
Company information
Symbro Group Limited is a private company limited by shares incorporated in England and Wales. The registered office is 2nd Floor, Value House, Clovelly Road, Bideford, Devon, EX39 3HN.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.
1.2
Fixed asset investments
Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
2
2
3
Fixed asset investments
2024
2023
£
£
Shares in group undertakings and participating interests
2,136,499
2,136,499
SYMBRO GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 3 -
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
600,000
600,000
5
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
129,302
144,255
Amounts owed to group undertakings
794,100
494,125
Taxation and social security
30,873
Other creditors
780,275
892,537
1,734,550
1,530,917
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
129,313
7
Events after the reporting date
In the period since the balance sheet date, the company has acquired a new trading subsidiary, MNMV Imperial Limited, for £1.65m. The acquisition was funded by loans from connected companies.