Synergy Managed Services Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08284828

Synergy Managed Services Limited

Filleted Unaudited Financial Statements

31 December 2025

Synergy Managed Services Limited

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5	72,376	77,664
Investments	6	40,200	40,200
		---------	---------
		112,576	117,864

Current assets

Stocks		3,200	3,000
Debtors	7	190,634	102,814
Cash at bank and in hand		16,223	63,356
		---------	---------
		210,057	169,170

Creditors: amounts falling due within one year	8	96,365		67,595
		---------		---------
Net current assets			113,692	101,575
			---------	---------
Total assets less current liabilities			226,268	219,439

Creditors: amounts falling due after more than one year	9		111,171	91,603

Provisions

Taxation including deferred tax	13,017	14,756
	---------	---------
Net assets	102,080	113,080
	---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	101,980	112,980
	---------	---------
Shareholder funds	102,080	113,080
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Synergy Managed Services Limited

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 17 September 2026 , and are signed on behalf of the board by:

Mr N A Wilson

Director

Company registration number: 08284828

Synergy Managed Services Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 78 Min Awel, Flint, Flintshire, CH6 5TG.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company accounting policies.

Revenue recognition

The turnover shown in the profit and loss account represents amounts invoiced for the supply of managed business services in the year, exclusive of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant & Machinery	-	33% straight line
Motor Vehicles	-	25% reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Investments in associates

Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 5 (2024: 4 ).

5. Tangible assets

	Plant and machinery	Motor vehicles	Total
	£	£	£
Cost
At 1 January 2025	49,161	95,570	144,731
Additions	25,340	4,112	29,452
Disposals	( 874)	–	( 874)
	--------	--------	---------
At 31 December 2025	73,627	99,682	173,309
	--------	--------	---------
Depreciation
At 1 January 2025	40,849	26,218	67,067
Charge for the year	16,373	18,366	34,739
Disposals	( 873)	–	( 873)
	--------	--------	---------
At 31 December 2025	56,349	44,584	100,933
	--------	--------	---------
Carrying amount
At 31 December 2025	17,278	55,098	72,376
	--------	--------	---------
At 31 December 2024	8,312	69,352	77,664
	--------	--------	---------

6. Investments

	Shares in group undertakings
	£
Cost
At 1 January 2025 and 31 December 2025	40,200
	--------
Impairment
At 1 January 2025 and 31 December 2025	–
	--------

Carrying amount
At 31 December 2025	40,200
	--------
At 31 December 2024	40,200
	--------

7. Debtors

	2025	2024
	£	£
Trade debtors	103,937	49,280
Other debtors	86,697	53,534
	---------	---------
	190,634	102,814
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	21,594	22,105
Trade creditors	26,965	15,574
Social security and other taxes	24,351	19,170
Other creditors	23,455	10,746
	--------	--------
	96,365	67,595
	--------	--------

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	70,450	42,603
Other creditors	40,721	49,000
	---------	--------
	111,171	91,603
	---------	--------

10. Directors' advances, credits and guarantees

The director operates a current account with the company. As follows:

		2025
		£
	Opening Balance	(32,316)
	Movement	38,791
		--------
	Closing Balance	6,475
		--------

This loan is repayable on demand. Interest is charged on any overdrawn balance at 3.75% per annum.

11. Related party transactions

At the year end a balance of £78,200 was due from an entity which the company has significant influence over (2024 £13,853 was due from an entity which the company has significant influence over). No other transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 102 section 33.