Company Registration No. 04020348 (England and Wales)
Syed & Quinn Limited
Unaudited accounts
for the year ended 30 June 2026
Syed & Quinn Limited
Unaudited accounts
Contents
Syed & Quinn Limited
Company Information
for the year ended 30 June 2026
Company Number
04020348 (England and Wales)
Registered Office
39 SUNFIELD CRESCENT
BIRCHWOOD
LINCOLN
LN6 0LL
ENGLAND
Accountants
Tove Accountancy Limited
Office 6, Town Hall
86 Watling Street East
Towcester
Northants
NN12 6BS
Syed & Quinn Limited
Statement of financial position
as at 30 June 2026
Tangible assets
1,498
1,081
Cash at bank and in hand
59
(2,810)
Creditors: amounts falling due within one year
(19,886)
(22,833)
Net current assets/(liabilities)
5,127
(672)
Total assets less current liabilities
6,625
409
Provisions for liabilities
Called up share capital
2
2
Profit and loss account
6,339
202
Shareholders' funds
6,341
204
For the year ending 30 June 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2026 and were signed on its behalf by
P Quinn
Director
Company Registration No. 04020348
Syed & Quinn Limited
Notes to the Accounts
for the year ended 30 June 2026
Syed & Quinn Limited is a private company, limited by shares, registered in England and Wales, registration number 04020348. The registered office is 39 SUNFIELD CRESCENT, BIRCHWOOD, LINCOLN, LN6 0LL, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% reducing balance
Computer equipment
10% reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2025
3,506
9,630
13,136
At 30 June 2026
3,506
10,213
13,719
At 1 July 2025
3,506
8,549
12,055
Charge for the year
-
166
166
At 30 June 2026
3,506
8,715
12,221
At 30 June 2026
-
1,498
1,498
At 30 June 2025
-
1,081
1,081
Syed & Quinn Limited
Notes to the Accounts
for the year ended 30 June 2026
Amounts falling due within one year
Trade debtors
23,902
23,898
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
-
2,120
Trade creditors
4,114
7,781
Taxes and social security
3,331
3,859
Loans from directors
3,158
(1,083)
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loans to Directors
(90)
-
(90)
-
Loans to Directors
1,173
-
1,173
-
Loans to Directors at the year end were £nil (2025 £1,083).
9
Average number of employees
During the year the average number of employees was 2 (2025: 2).