Registration number: 09485867

Synergy UK Developments Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 9

Synergy UK Developments Limited

(Registration number: 09485867)
Balance Sheet as at 30 March 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	3,540	4,426
Tangible assets	5	8,507	11,343
		12,047	15,769
Current assets
Stocks	6	100,047	30,047
Debtors	7	1,535	39,473
Cash at bank and in hand		134,371	147,396
		235,953	216,916
Creditors: Amounts falling due within one year	8	(43,536)	(13,622)
Net current assets		192,417	203,294
Total assets less current liabilities		204,464	219,063
Creditors: Amounts falling due after more than one year	8	(24,083)	(29,738)
Provisions for liabilities		(2,836)	(2,836)
Net assets		177,545	186,489
Capital and reserves
Called up share capital		1	1
Retained earnings		177,544	186,488
Shareholders' funds		177,545	186,489

For the financial year ending 30 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his 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 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 18 December 2025
 

Synergy UK Developments Limited

(Registration number: 09485867)
Balance Sheet as at 30 March 2025

......................................... Mr S E Simpson Director

Synergy UK Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 March 2025

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:
83A Grange Avenue
Hatfield
Doncaster
DN7 6QP

These financial statements were authorised for issue by the director on 18 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland and the Companies Act 2006'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Synergy UK Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 March 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor vehicles	25% reducing balance basis
Plant and machinery	25% reducing balance basis

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Intangible assets	10 years straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Synergy UK Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 March 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Synergy UK Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 March 2025

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
At 31 March 2024	8,856	8,856
At 30 March 2025	8,856	8,856
Amortisation
At 31 March 2024	4,430	4,430
Amortisation charge	886	886
At 30 March 2025	5,316	5,316
Carrying amount
At 30 March 2025	3,540	3,540
At 30 March 2024	4,426	4,426

5	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 31 March 2024	28,805	18,775	47,580
At 30 March 2025	28,805	18,775	47,580
Depreciation
At 31 March 2024	22,630	13,607	36,237
Charge for the year	1,544	1,292	2,836
At 30 March 2025	24,174	14,899	39,073
Carrying amount
At 30 March 2025	4,631	3,876	8,507
At 30 March 2024	6,175	5,168	11,343

6

Stocks

	2025 £	2024 £
Work in progress	100,047	30,047

Synergy UK Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 March 2025

7

Debtors

	2025 £	2024 £
Other debtors	-	38,497
Prepayments	1,535	976
	1,535	39,473

Synergy UK Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 March 2025

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	5,490	5,448
Trade creditors		1,502	3,279
Amounts owed to related parties	10	31,503	-
Taxation and social security		3,906	3,815
Accrued expenses		1,135	1,080
		43,536	13,622

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	24,083	29,738

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	24,083	29,738

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	5,490	5,448

10	Related party transactions

Transactions with the director

2025	At 31 March 2024 £	Repayments by director £	At 30 March 2025 £
Mr S E Simpson
Loan account	(38,497)	70,000	31,503

Synergy UK Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 March 2025

2024	At 31 March 2023 £	Advances to director £	Repayments by director £	At 30 March 2024 £
Mr S E Simpson
Loan account	281,641	(342,826)	22,688	(38,497)