Registration number: 08213494

Synergistics Europe Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Synergistics Europe Ltd

Company Information

Director

MAL Mulliner

Registered office

Ironworks House Warton Road Carnforth Lancashire LA5 9EX

Accountants

Stables Thompson & Briscoe Limited Chartered Accountants & Business AdvisersLowther House Lowther Street Kendal LA9 4DX

Synergistics Europe Ltd

(Registration number: 08213494)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	115	217
Current assets
Stocks	5	18,000	74,000
Debtors	6	-	3,102
Cash at bank and in hand		1,114	758
		19,114	77,860
Creditors: Amounts falling due within one year	7	(128,970)	(107,043)
Net current liabilities		(109,856)	(29,183)
Total assets less current liabilities		(109,741)	(28,966)
Provisions for liabilities		-	(58)
Net liabilities		(109,741)	(29,024)
Capital and reserves
Called up share capital	8	1	1
Retained earnings		(109,742)	(29,025)
Shareholders' deficit		(109,741)	(29,024)

For the financial period ending 31 December 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 period 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 11 June 2026
 

......................................... MAL Mulliner Director

Synergistics Europe Ltd

Notes to the Unaudited Financial Statements
for the Period from 1 October 2024 to 31 December 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:
Ironworks House
Warton Road
Carnforth
Lancashire
LA5 9EX

These financial statements were authorised for issue by the director on 11 June 2026.

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 have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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.

Going concern

The financial statements have been prepared on a going concern basis.

The company is winding down and will completely cease on 31 December 2026 if not before. The main creditor is the director who has invested £120,043 in the company and is keeping the company solvent until the lease expires or is taken over.

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 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.

Synergistics Europe Ltd

Notes to the Unaudited Financial Statements
for the Period from 1 October 2024 to 31 December 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
Plant and machinery etc	20% Straight line

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.

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.

3	Staff numbers

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

Synergistics Europe Ltd

Notes to the Unaudited Financial Statements
for the Period from 1 October 2024 to 31 December 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 October 2024	2,742	2,742
At 31 December 2025	2,742	2,742
Depreciation
At 1 October 2024	2,525	2,525
Charge for the period	102	102
At 31 December 2025	2,627	2,627
Carrying amount
At 31 December 2025	115	115
At 30 September 2024	217	217

5

Stocks

	2025 £	2024 £
Other inventories	18,000	74,000

6

Debtors

Current	2025 £	2024 £
Prepayments	-	1,406
Other debtors	-	1,696
	-	3,102

Synergistics Europe Ltd

Notes to the Unaudited Financial Statements
for the Period from 1 October 2024 to 31 December 2025

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	687	864
Accruals and deferred income	2,294	2,663
Other creditors	125,989	103,516
	128,970	107,043

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary share of £1 each	1	1	1	1