SYNAPSE CONSULTANTS LIMITED

Company Registration Number:
07086257 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

SYNAPSE CONSULTANTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

SYNAPSE CONSULTANTS LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 662,273 1,607,352
Investments:   0 0
Total fixed assets: 662,273 1,607,352
Current assets
Stocks: 1,225,002 561,586
Debtors:   16,797,291 13,120,552
Cash at bank and in hand: 158,762 678,623
Investments:   0 0
Total current assets: 18,181,055 14,360,761
Creditors: amounts falling due within one year: 4 (14,682,651) (13,266,188)
Net current assets (liabilities): 3,498,404 1,094,573
Total assets less current liabilities: 4,160,677 2,701,925
Creditors: amounts falling due after more than one year: 5 (3,986,857) (2,571,238)
Provision for liabilities: 0 (305)
Total net assets (liabilities): 173,820 130,382
Capital and reserves
Called up share capital: 100 100
Share premium account: 340,000 340,000
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (166,280) (209,718)
Shareholders funds: 173,820 130,382

The notes form part of these financial statements

SYNAPSE CONSULTANTS LIMITED

Balance sheet statements

For the year ending 31 December 2024 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 19 November 2025
and signed on behalf of the board by:

Name: Stephen Douglas
Status: Director

The notes form part of these financial statements

SYNAPSE CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

SYNAPSE CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 27 27

SYNAPSE CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 4,549,694
Additions 379,943
Disposals (134,805)
Transfers 115,127
At 31 December 2024 4,909,959
Depreciation
At 01 January 2024 2,942,342
Charge for year 1,351,614
On disposals (134,805)
Other adjustments 88,535
At 31 December 2024 4,247,686
Net book value
At 31 December 2024 662,273
At 31 December 2023 1,607,352

SYNAPSE CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due within one year note

Net obligations under finance lease and hire purchase contracts 676913 Trade creditors 678711 Amounts owed to participating interests 12682169 Other creditors 403928 Taxation and social security 60930 14682651

SYNAPSE CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

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

Net obligations underfinance lease and hire purchase contracts 3986857

SYNAPSE CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Changes in presentation and prior period adjustments

Prior year presentation In the prior year, amounts that would have met the definition of contract assets under IFRS 15 were included within “Debtors”. In the current year, these amounts have been disclosed separately within the Contract Asset line to provide more relevant information about the company’s revenue recognition profile. The comparative figures have not been re-presented, as the impact is limited to disclosure and has no effect on the financial position or result for the prior year.

SYNAPSE CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Related party transactions

Name of the related party:
Relationship:
Parent Company
Description of the Transaction: Normal course of trading
£
Balance at 01 January 2024 9,401,795
Balance at 31 December 2024 12,862,169