Sysjoin Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05500473 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2020

FOR

Sysjoin Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr N McCalden

SECRETARY:

ITA Secretaries Limited

REGISTERED OFFICE:

Units SCF 1&2 South Core

Western International Market

Hayes Road,

Southall

Middlesex

UB2 5XJ

REGISTERED NUMBER:

05500473 (England and Wales)

ACCOUNTANTS:

Cooper Dawn Jerrom Limited

Chartered Accountants

Units SCF 1 & 2

Western International Market

Hayes Road

Southall

Middlesex

UB2 5XJ

FIXED ASSETS

Tangible assets

4

314

449

CURRENT ASSETS

Debtors

5

5,176

24,660

Cash at bank

47,644

118,650

52,820

143,310

CREDITORS

Amounts falling due within one year

6

-

15,862

NET CURRENT ASSETS

52,820

127,448

TOTAL ASSETS LESS CURRENT LIABILITIES

53,134

127,897

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

53,132

127,895

SHAREHOLDERS' FUNDS

53,134

127,897

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 April 2021 and were signed by:

Mr N McCalden - Director

1.	STATUTORY INFORMATION

Sysjoin Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

25% on cost

Computer equipment

-

30% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 August 2019

and 31 July 2020

290

3,621

3,911

DEPRECIATION

At 1 August 2019

290

3,172

3,462

Charge for year

-

135

135

At 31 July 2020

290

3,307

3,597

NET BOOK VALUE

At 31 July 2020

-

314

314

At 31 July 2019

-

449

449

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.20

31.7.19

£

£

Trade debtors

-

24,660

Other debtors

5,176

-

5,176

24,660

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.20

31.7.19

£

£

Taxation and social security

-

15,562

Other creditors

-

300

-

15,862

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £55,000 (2019 - £20,000) were paid to the director.

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr N McCalden.