SYNCOLINE LIMITED

Company Registration Number:
03993294 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

SYNCOLINE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

SYNCOLINE LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Intangible assets: 3 220 220
Tangible assets: 4 130,840 75,042
Investments: 5 9,333 9,333
Total fixed assets: 140,393 84,595
Current assets
Stocks: 1,354,539 1,073,047
Debtors:   1,903,856 1,922,395
Cash at bank and in hand: 459,768 203,992
Total current assets: 3,718,163 3,199,434
Creditors: amounts falling due within one year:   (597,967) (529,337)
Net current assets (liabilities): 3,120,196 2,670,097
Total assets less current liabilities: 3,260,589 2,754,692
Provision for liabilities: (32,710) (18,761)
Total net assets (liabilities): 3,227,879 2,735,931
Capital and reserves
Called up share capital: 782 782
Other reserves: (66,917) (66,917)
Profit and loss account: 3,294,014 2,802,066
Shareholders funds: 3,227,879 2,735,931

The notes form part of these financial statements

SYNCOLINE LIMITED

Balance sheet statements

For the year ending 31 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 13 December 2025
and signed on behalf of the board by:

Name: S Cleland
Status: Director

The notes form part of these financial statements

SYNCOLINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 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 represents the total invoice value, excluding value added tax, of sales made in the year and derives from the provision of goods and services falling within the ordinary activities of the company.

Tangible fixed assets and depreciation policy

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:- Plant and machinery - 25% reducing balance method Fixtures & fittings - 20% reducing balance method Motor vehicles - 25% reducing balance method

SYNCOLINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 12 12

SYNCOLINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Intangible Assets

Total
Cost £
At 01 April 2024 220
At 31 March 2025 220
Net book value
At 31 March 2025 220
At 31 March 2024 220

SYNCOLINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Tangible Assets

Total
Cost £
At 01 April 2024 182,794
Additions 95,064
At 31 March 2025 277,858
Depreciation
At 01 April 2024 107,752
Charge for year 39,266
At 31 March 2025 147,018
Net book value
At 31 March 2025 130,840
At 31 March 2024 75,042

SYNCOLINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Fixed investments

The fixed investment relates to the purchase of shares in Myriad France Fr., a wholly owned subsidiary.

SYNCOLINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Loans to directors

Name of director receiving advance or credit: S Cleland
Description of the loan: Directors loan account
£
Balance at 01 April 2024 28,251
Advances or credits made: 10,697
Balance at 31 March 2025 38,948
Name of director receiving advance or credit: K Smoter
Description of the loan: Directors loan account
£
Balance at 01 April 2024 59,636
Advances or credits made: 5,172
Balance at 31 March 2025 64,808

SYNCOLINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

7. Related party transactions

Name of the related party: Myriad Self-Storage Limited
Relationship:
Associated Company
Description of the Transaction: Inter company Loan
£
Balance at 01 April 2024 545,413
Balance at 31 March 2025 745,413
Name of the related party: Steven Layn Holdings Limited
Relationship:
Associated Company
Description of the Transaction: Inter company loan
£
Balance at 01 April 2024 30,000
Balance at 31 March 2025 30,000
Name of the related party: Myriad FR
Relationship:
Wholly Owned Subsidiary
Description of the Transaction: Balance owed on sales ledger
£
Balance at 01 April 2024 62,317
Balance at 31 March 2025 482,331