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Company Registration No. 06777509 (England and Wales)
Sync Chem Ltd Unaudited accounts for the year ended 31 January 2025
Sync Chem Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Sync Chem Ltd Company Information for the year ended 31 January 2025
Directors
Navhrup Gill Gurpreet Singh
Company Number
06777509 (England and Wales)
Registered Office
Admiral House Waterfront East Brierley Hill DY5 1XG United Kingdom
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Sync Chem Ltd Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
1,649,220 
1,649,220 
Tangible assets
5
327,922 
280,639 
1,977,142 
1,929,859 
Current assets
Inventories
160,000 
160,000 
Debtors
6
516,545 
491,729 
Cash at bank and in hand
311,167 
189,044 
987,712 
840,773 
Creditors: amounts falling due within one year
7
(895,533)
(773,235)
Net current assets
92,179 
67,538 
Total assets less current liabilities
2,069,321 
1,997,397 
Creditors: amounts falling due after more than one year
8
(948,063)
(1,068,850)
Provisions for liabilities
Other provisions
(40,000)
(52,500)
Net assets
1,081,258 
876,047 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,081,158 
875,947 
Shareholders' funds
1,081,258 
876,047 
For the year ending 31 January 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 12 September 2025 and were signed on its behalf by
Gurpreet Singh Director Company Registration No. 06777509
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Sync Chem Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Sync Chem Ltd is a private company, limited by shares, registered in England and Wales, registration number 06777509. The registered office is Admiral House, Waterfront East, Brierley Hill, DY5 1XG, United Kingdom.
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
33% on Cost, 25% on reducing balance and 20% on cost
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 February 2024
1,649,220 
At 31 January 2025
1,649,220 
Amortisation
At 1 February 2024
- 
At 31 January 2025
- 
Net book value
At 31 January 2025
1,649,220 
At 31 January 2024
1,649,220 
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Sync Chem Ltd Notes to the Accounts for the year ended 31 January 2025
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2024
70,002 
269,801 
- 
339,803 
Additions
- 
1,718 
100,001 
101,719 
At 31 January 2025
70,002 
271,519 
100,001 
441,522 
Depreciation
At 1 February 2024
- 
59,164 
- 
59,164 
Charge for the year
- 
54,436 
- 
54,436 
At 31 January 2025
- 
113,600 
- 
113,600 
Net book value
At 31 January 2025
70,002 
157,919 
100,001 
327,922 
At 31 January 2024
70,002 
210,637 
- 
280,639 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
388,050 
314,149 
Other debtors
128,495 
177,580 
516,545 
491,729 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
131,440 
125,191 
Trade creditors
558,841 
567,699 
Taxes and social security
48,053 
20,724 
Other creditors
108,051 
59,621 
Loans from directors
49,148 
- 
895,533 
773,235 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
948,063 
1,068,850 
9
Average number of employees
During the year the average number of employees was 39 (2024: 37).
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