Synergy (SW) Limited - Filleted accounts

Registered number

06775852

Synergy (SW) Limited

Filleted Accounts

28 February 2026

Synergy (SW) Limited
Registered number:		06775852
Balance Sheet
as at 28 February 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		1,798			2,127
Tangible assets	4		7,790			9,200
			9,588			11,327

Current assets
Stocks		6,505			4,637
Debtors	5	23,184			28,860
Cash at bank and in hand		92,621			83,040
		122,310			116,537

Creditors: amounts falling due within one year	6	(91,411)			(88,762)

Net current assets			30,899			27,775

Total assets less current liabilities			40,487			39,102


Provisions for liabilities			(1,480)			(1,748)


Net assets			39,007			37,354

Capital and reserves
Called up share capital			100			100
Profit and loss account			38,907			37,254

Shareholders' funds			39,007			37,354

The directors are 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 directors acknowledge their 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.




James David Peters
Director
Approved by the board on 21 October 2026

Synergy (SW) Limited
Notes to the Accounts
for the year ended 28 February 2026


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			20% Straight Line
	Computer equipment			33% Straight Line
	Motor Vehicles			20% Straight Line

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

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


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					32		37


3	Intangible fixed assets							£


	Cost
	At 1 March 2025							102,450
	Additions							250
	At 28 February 2026							102,700

	Amortisation
	At 1 March 2025							100,323
	Provided during the year							579
	At 28 February 2026							100,902

	Net book value
	At 28 February 2026							1,798
	At 28 February 2025							2,127

	Intagibles are being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 March 2025	1,750		765		12,337		14,852
	Additions	273		1,047		-		1,320
	Disposals	-		(474)		-		(474)
	At 28 February 2026	2,023		1,338		12,337		15,698

	Depreciation
	At 1 March 2025	1,050		765		3,837		5,652
	Charge for the year	203		59		2,468		2,730
	On disposals	-		(474)		-		(474)
	At 28 February 2026	1,253		350		6,305		7,908

	Net book value
	At 28 February 2026	770		988		6,032		7,790
	At 28 February 2025	700		-		8,500		9,200


5	Debtors					2026		2025
£							£

	Trade debtors					20,521		24,536
	Other debtors					2,663		4,324
						23,184		28,860


6	Creditors: amounts falling due within one year					2026		2025
£							£

	Trade creditors					2,255		925
	Taxation and social security costs					28,061		23,945
	Other creditors					61,095		63,892
						91,411		88,762


7	Related party transactions

	At the period end, the company owed £44,564 (2025: £52,425) to Mr James David Peters, director. The loan is interest free and repayable on demand.


8	Controlling party

	The company is ultimately controlled by Mr James David Peters, director, and Mrs Melanie Janis Peters, who together own 100% of the issued share capital.


9	Other information

	Synergy (SW) Limited is a private company limited by shares and incorporated in England. Its registered office is:
	3 Cherry Tree Close
	St. Erme
	Truro
	Cornwall
	TR4 9FT