SYNETICA LIMITED

Company Registration Number:
06587747 (England and Wales)

Unaudited abridged accounts for the year ended 30 March 2025

Period of accounts

Start date: 31 March 2024

End date: 30 March 2025

SYNETICA LIMITED

Contents of the Financial Statements

for the Period Ended 30 March 2025

Balance sheet
Notes

SYNETICA LIMITED

Balance sheet

As at 30 March 2025


Notes
2025
2024


£
£
Fixed assets
Intangible assets: 3 75,000 75,000
Tangible assets: 4 44,576 50,140
Total fixed assets: 119,576 125,140
Current assets
Stocks: 186,602 143,055
Debtors:   252,595 228,967
Cash at bank and in hand: 143,583 365,166
Total current assets: 582,780 737,188
Creditors: amounts falling due within one year: 5 (237,908) (319,725)
Net current assets (liabilities): 344,872 417,463
Total assets less current liabilities: 464,448 542,603
Creditors: amounts falling due after more than one year: 6 (9,078) (32,286)
Provision for liabilities: (11,144) (12,535)
Total net assets (liabilities): 444,226 497,782
Capital and reserves
Called up share capital: 6 6
Revaluation reserve:750,00050,000
Profit and loss account: 394,220 447,776
Shareholders funds: 444,226 497,782

The notes form part of these financial statements

SYNETICA LIMITED

Balance sheet statements

For the year ending 30 March 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 October 2025
and signed on behalf of the board by:

Name: Richard Laxton
Status: Director

The notes form part of these financial statements

SYNETICA LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, VAT and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off the cost, less estimated residual value of each asset over its estimated useful life. Plant and machinery : 33% on cost; 20% and 25% on reducing balance.

Intangible fixed assets and amortisation policy

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated depreciation and any accumulated impairment losses.

Valuation and information policy

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Other accounting policies

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. Tax assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws enacted by the balance sheet date. Research and development. Expenditure on research and development is written off in the year in which it is incurred. Hire Purchase and leasing commitments. Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease. Pension Costs The company operates a defined contribution pension scheme. Contributions are charged to profit or loss in the period to which they relate.

SYNETICA LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2025

2. Employees

2025 2024
Average number of employees during the period 12 10

SYNETICA LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2025

3. Intangible Assets

Total
Cost £
At 31 March 2024 75,000
At 30 March 2025 75,000
Net book value
At 30 March 2025 75,000
At 30 March 2024 75,000

SYNETICA LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2025

4. Tangible Assets

Total
Cost £
At 31 March 2024 92,180
Additions 8,840
At 30 March 2025 101,020
Depreciation
At 31 March 2024 42,040
Charge for year 14,404
At 30 March 2025 56,444
Net book value
At 30 March 2025 44,576
At 30 March 2024 50,140

SYNETICA LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2025

5. Creditors: amounts falling due within one year note

Bank loans and overdrafts 0 10,000 Hire purchase contracts 11,542 10,891 Trade creditors 29,701 38,542 Taxation and social security 100,022 128,834 Other creditors 96,643 131,458 237,908 319,725

SYNETICA LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2025

6. Creditors: amounts falling due after more than one year note

Bank loans 0 11,667 Hire purchase contracts 9,078 20,619 9,078 32,286

SYNETICA LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2025

7. Revaluation reserve

2025
£
Balance at 31 March 2024 50,000
Surplus or deficit after revaluation 0
Balance at 30 March 2025 50,000

SYNETICA LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2025

8. Financial commitments

The total amount of financial commitments not included in the Balance sheet was £62,395 (2024 : £17,338)