Symonds & Greenham Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 9829597

Symonds & Greenham Limited

Filleted Unaudited Financial Statements

31 December 2024

Symonds & Greenham Limited

Statement of Financial Position

31 December 2024

	2024		2023
Note	£	£	£	£

Fixed assets

Tangible assets	6		142,861		103,553

Current assets

Debtors	7	137,969	188,440
Cash at bank and in hand		104,438	18,950
		---------	---------
		242,407	207,390

Creditors: amounts falling due within one year	8	132,021		94,289
		---------		---------
Net current assets			110,386		113,101
			---------		---------
Total assets less current liabilities			253,247		216,654

Creditors: amounts falling due after more than one year	9		86,101		60,706

Provisions

Taxation including deferred tax	2,259	3,814
	---------	---------
Net assets	164,887	152,134
	---------	---------

Capital and reserves

Called up share capital	10	7	7
Profit and loss account		164,880	152,127
		---------	---------
Shareholders funds		164,887	152,134
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- 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 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Symonds & Greenham Limited

Statement of Financial Position (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 29 September 2025 , and are signed on behalf of the board by:

Richard Robinson-Symonds	Joe Greenham
Director	Director

Company registration number: 9829597

Symonds & Greenham Limited

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 412 Cottingham Road, Hull, East Yorkshire, HU6 8QE.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property	-	2% straight line
Fixtures, fittings and equipment	-	25% reducing balance
Motor vehicles	-	20% reducing balance

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 11 (2023: 12 ).

5. Tax on profit

Major components of tax expense

	2024	2023
	£	£

Current tax:

UK current tax expense	48,466	18,591

Deferred tax:

Origination and reversal of timing differences	( 1,555)	( 168)
	--------	--------
Tax on profit	46,911	18,423
	--------	--------

6. Tangible assets

	Freehold property	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£
Cost
At 1 January 2024	104,486	33,617	–	138,103
Additions	–	9,403	46,475	55,878
	---------	--------	--------	---------
At 31 December 2024	104,486	43,020	46,475	193,981
	---------	--------	--------	---------
Depreciation
At 1 January 2024	12,260	22,290	–	34,550
Charge for the year	2,090	5,185	9,295	16,570
	---------	--------	--------	---------
At 31 December 2024	14,350	27,475	9,295	51,120
	---------	--------	--------	---------
Carrying amount
At 31 December 2024	90,136	15,545	37,180	142,861
	---------	--------	--------	---------
At 31 December 2023	92,226	11,327	–	103,553
	---------	--------	--------	---------

Finance leases and hire purchase contracts

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

	Motor vehicles
	£
At 31 December 2024	37,180
	--------
At 31 December 2023	–
	--------

7. Debtors

	2024	2023
	£	£
Trade debtors	15,469	32,440
Amounts owed by group undertakings	122,500	156,000
	---------	---------
	137,969	188,440
	---------	---------

8. Creditors: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	14,212	14,212
Trade creditors	9,508	15,020
Accruals and deferred income	1,171	990
Corporation tax	48,466	18,591
Social security and other taxes	44,457	39,067
Obligations under finance leases and hire purchase contracts	7,021	–
Director loan accounts	640	120
Other creditors	6,546	6,289
	---------	--------
	132,021	94,289
	---------	--------

9. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Bank loans and overdrafts	46,308	60,706
Obligations under finance leases and hire purchase contracts	39,793	–
	--------	--------
	86,101	60,706
	--------	--------

The bank loan is secured by a fixed and floating charge over the assets of the company.

10. Called up share capital

Issued, called up and fully paid

	2024		2023
	No.	£	No.	£
Ordinary shares of £ 1 each	2	2	2	2
Ordinary A1 shares of £ 1 each	1	1	1	1
Ordinary A2 shares of £ 1 each	1	1	1	1
Ordinary B shares of £ 1 each	2	2	2	2
Ordinary C shares of £ 1 each	1	1	1	1
	----	----	----	----
	7	7	7	7
	----	----	----	----

11. Directors' advances, credits and guarantees

During the year there were no directors' advances, credits and guarantees.