Syn Retail Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 11970620

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		9,760		9,678
Tangible Assets	5		54,378		56,558

			64,138		66,236
CURRENT ASSETS
Debtors	6	1,433,482		1,007,189
Cash at bank and in hand		543,008		656,155

		1,976,490		1,663,344
Creditors: Amounts Falling Due Within One Year	7	(602,239 )		(418,034 )

NET CURRENT ASSETS (LIABILITIES)			1,374,251		1,245,310

TOTAL ASSETS LESS CURRENT LIABILITIES			1,438,389		1,311,546

NET ASSETS			1,438,389		1,311,546

CAPITAL AND RESERVES
Called up share capital	8		103		103
Profit and Loss Account			1,438,286		1,311,443

SHAREHOLDERS' FUNDS			1,438,389		1,311,546

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Syn Retail Ltd

Balance Sheet (continued)

As At 30 April 2026

For the year ending 30 April 2026 the company was entitled to exemption from audit 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr B Pollard

Director

17/07/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Syn Retail Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11970620 . The registered office is Knaresborough Technology Park, Manse Lane, Knaresborough, North Yorkshire, HG5 8LF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are external website costs. It is amortised to profit and loss account over its estimated economic life of 6 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% straight line
Motor Vehicles	20% straight line
Fixtures & Fittings	20% straight line
Computer Equipment	20% straight line

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Syn Retail Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 41 (2025: 35)

4. Intangible Assets

	Other
	£
Cost
As at 1 May 2025	9,800
Additions	2,500

As at 30 April 2026	12,300

Amortisation
As at 1 May 2025	122
Provided during the period	2,418

As at 30 April 2026	2,540

Net Book Value
As at 30 April 2026	9,760

As at 1 May 2025	9,678

5. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 May 2025	1,500	25,960	85,042	112,502
Additions	-	19,232	427	19,659
Disposals	(1,500 )	-	-	(1,500 )

As at 30 April 2026	-	45,192	85,469	130,661

Depreciation
As at 1 May 2025	1,218	12,885	41,841	55,944
Provided during the period	-	16,785	4,770	21,555
Disposals	(1,216 )	-	-	(1,216 )

As at 30 April 2026	2	29,670	46,611	76,283

Net Book Value
As at 30 April 2026	(2 )	15,522	38,858	54,378

As at 1 May 2025	282	13,075	43,201	56,558

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Syn Retail Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	1,358,734	869,335
Prepayments and accrued income	74,731	136,173
Other debtors	17	1,681

	1,433,482	1,007,189

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	91,826	85,325
Bank loans and overdrafts	3,000	21,000
Corporation tax	172,739	206,332
Other taxes and social security	33,615	22,294
VAT	117,108	49,364
Other creditors	23,813	5,218
Accruals and deferred income	123,230	12,592
Directors' loan accounts	36,908	15,909

	602,239	418,034

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	103	103

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