Syco Developments Ltd 11641945 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is that of property investment and management Digita Accounts Production Advanced 6.30.9574.0 true 11641945 2024-04-01 2025-03-31 11641945 2025-03-31 11641945 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 11641945 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 11641945 bus:Micro-entities 2024-04-01 2025-03-31 11641945 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 11641945 bus:FilletedAccounts 2024-04-01 2025-03-31 11641945 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11641945 bus:RegisteredOffice 2024-04-01 2025-03-31 11641945 bus:Director1 2024-04-01 2025-03-31 11641945 bus:Director2 2024-04-01 2025-03-31 11641945 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11641945 bus:Agent1 2024-04-01 2025-03-31 11641945 countries:EnglandWales 2024-04-01 2025-03-31 11641945 2023-04-01 2024-03-31 11641945 2024-03-31 11641945 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 11641945 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 iso4217:GBP xbrli:pure

Registration number: 11641945

Syco Developments Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2025

 

Syco Developments Ltd

Contents

Company Information

1

Balance Sheet

2 to 4

Notes to the Financial Statements

2

 

Syco Developments Ltd

Company Information

Directors

Mr S Malhan

Mr Y Solanki

Registered office

Leavesden Park
Suite 1
5 Hercules Way
Watford
Hertfordshire
WD25 7GS

Accountants

Landmark Accountants Limited Leavesden Park
5 Hercules Way
Watford
Hertfordshire
WD25 7GS

 

Syco Developments Ltd

(Registration number: 11641945)
Balance Sheet as at 31 March 2025

2025

2024

 

£

£

£

£

Fixed assets

 

-

 

694,399

Current assets

707,984

 

5,137

 

Prepayments and accrued income

292

 

245

 

Creditors: Amounts falling due within one year

(626,081)

 

(284,919)

 

Net current assets/(liabilities)

 

82,195

 

(279,537)

Total assets less current liabilities

 

82,195

 

414,862

Creditors: Amounts falling due after more than one year

 

-

 

(352,500)

Accruals and deferred income

 

(11,253)

 

(5,638)

   

70,942

 

56,724

Capital and reserves

 

70,942

 

56,724

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Leavesden Park
Suite 1
5 Hercules Way
Watford
Hertfordshire
WD25 7GS
United Kingdom

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

The presentational currency of these accounts is £ Sterling. The level of rounding is to the nearest £.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

 

Syco Developments Ltd

(Registration number: 11641945)
Balance Sheet as at 31 March 2025

3

Financial commitments, guarantees and contingencies

Amounts disclosed in the balance sheet

Included in the balance sheet are financial commitments of £368,150 (2024 - £362,500). The company has granted a fixed legal charge over its investment property as security for these commitments.

 

Syco Developments Ltd

(Registration number: 11641945)
Balance Sheet as at 31 March 2025

For the financial year ending 31 March 2025 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 accounts for the year in question in accordance with section 476; and

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

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 10 October 2025 and signed on its behalf by:
 

.........................................
Mr Y Solanki
Director