Syntech Solutions Ltd - Filleted accounts

Registered number

05191316

Syntech Solutions Ltd

Filleted Accounts

31 July 2025

Syntech Solutions Ltd
Registered number:		05191316
Balance Sheet
as at 31 July 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		419,137			203,173
Tangible assets	4		51,018			32,541
Investments	5		30,050			30,050
			500,205			265,764

Current assets
Stocks		41,131			41,348
Debtors	6	169,571			214,651
Cash at bank and in hand		295,484			267,743
		506,186			523,742

Creditors: amounts falling due within one year	7	(121,896)			(115,539)

Net current assets			384,290			408,203

Total assets less current liabilities			884,495			673,967


Provisions for liabilities			(12,755)			(8,135)


Net assets			871,740			665,832

Capital and reserves
Called up share capital			2			2
Profit and loss account			871,738			665,830

Shareholders' funds			871,740			665,832

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



Tony Hogg
Director
Approved by the board on 28 April 2026

Syntech Solutions Ltd
Notes to the Accounts
for the year ended 31 July 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years
	Motor vehicles			over 5 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					4		4


3	Intangible fixed assets							£
Licence						Digital assets		Total
						assets
£					£		£
	Cost
	At 1 August 2024			4,816		202,617		207,433
	Additions			-		216,177		216,177
	Disposals			-		-		-
	At 31 July 2025			4,816		418,794		423,610

	Amortisation
	At 1 August 2024			4,260		-		4,260
	Provided during the year			213		-		213
	On disposals			-		-		-
	At 31 July 2025			4,473		-		4,473

	Net book value
	At 31 July 2025			343		418,794		419,137
	At 31 July 2024			556		202,617		203,173

	Licence to produce software is being written off in equal instalments over its estimated economic life of 22 years.


4	Tangible fixed assets
				Plant and machinery etc		Motor vehicles		Total
£					£		£
	Cost
	At 1 August 2024			46,105		67,890		113,995
	Additions			44,345		-		44,345
	Disposals			(40,945)		-		(40,945)
	At 31 July 2025			49,505		67,890		117,395

	Depreciation
	At 1 August 2024			40,720		40,734		81,454
	Charge for the year			9,627		13,578		23,205
	On disposals			(38,282)		-		(38,282)
	At 31 July 2025			12,065		54,312		66,377

	Net book value
	At 31 July 2025			37,440		13,578		51,018
	At 31 July 2024			5,385		27,156		32,541



5	Investments

	The company's investments at the Balance Sheet date in the share capital of companies include
	the following:

	Syntech Electrical Ltd
	Nature of business: Electrical Installation
						%
	Class of shares:					holding
	Ordinary					50.00

	ATD Fitness Ltd
	Nature of business: Fitness facilities
						%
	Class of shares:					holding
	Ordinary					20.00


Other
investments							Total
£							£
	Cost
	At 1 August 2024					30,050		30,050
	Additions					-		-
	Disposals					-		-

	At 31 July 2025					30,050		30,050


6	Debtors					2025		2024
£							£

	Trade debtors					128,158		144,223
	Amounts recoverable on contracts					27,986		35,794
	Other debtors					13,427		34,634
						169,571		214,651

	Amounts due after more than one year included above					-		-


7	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					50,697		67,099
	Taxation and social security costs					70,921		48,276
	Other creditors					278		164
						121,896		115,539


8	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Tony Hogg
	Loan to director	10,000		-		(10,000)		-

		10,000		-		(10,000)		-


9	Other information

	Syntech Solutions Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	39 Redwood
	Seaham
	Co. Durham
	SR7 7RS