Synergy Property Solutions Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 14063359 (England and Wales)

Unaudited Financial Statements

for the Period 1 March 2025 to 31 March 2026

for

Synergy Property Solutions Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Investment property

4

578,744

-

CURRENT ASSETS

Debtors

5

4,585

2

Cash at bank

2,222

-

6,807

2

CREDITORS

Amounts falling due within one year

6

108,695

-

NET CURRENT (LIABILITIES)/ASSETS

(101,888

)

2

TOTAL ASSETS LESS CURRENT LIABILITIES

476,856

2

CREDITORS

Amounts falling due after more than one year

7

474,842

-

NET ASSETS

2,014

2

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

2,012

-

2,014

2

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2026 and were signed on its behalf by:

Mr A Ledwith - Director

Mrs K Ledwith - Director

1.	STATUTORY INFORMATION

Synergy Property Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

14063359

Registered office:

White House Miles Green Road

Bignall End

Stoke-On-Trent

ST7 8LQ

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Revenue is recognised as the company becomes entitled to consideration for the services supplied. Therefore, turnover also includes the element of work completed but not yet invoiced.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property improvements - 2% on reducing balance

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2025 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

578,797

At 31 March 2026

578,797

DEPRECIATION

Charge for period

53

At 31 March 2026

53

NET BOOK VALUE

At 31 March 2026

578,744

In the opinion of the directors, there has been no material change in market value of the investment property held.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Other debtors

4,585

2

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

17,170

-

Taxation and social security

962

-

Other creditors

90,563

-

108,695

-

Included in creditors falling due within one year is an amount of £89,563 which relates to amounts owed to an associated company. The company is able to meet its liabilities as and when they fall due, without adversely impacting its ongoing operations or financial position.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

Bank loans

474,842

-

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

Bank loans

492,012

-

The bank loans are secured under a fixed charge with National Westminster Bank PLC over the freehold property and land held.