Abbreviated Company Accounts - SYNTECH ENTERPRISE LIMITED

SYNTECH ENTERPRISE LIMITED - Company Information

05534018 SYNTECH ENTERPRISE LIMITED 2014-08-31 false 2013-09-01 2014-08-31 true 05534018 2013-09-01 2014-08-31 05534018 2014-08-31 05534018 2013-08-31 05534018 uk-gaap-cd-bus:Director1 2013-09-01 2014-08-31 05534018 uk-gaap-cd-bus:Director2 2013-09-01 2014-08-31 uk-gaap-cd-bus:Director3 2013-09-01 2014-08-31 uk-gaap-cd-bus:Director3 2014-08-31 uk-gaap-cd-bus:Director3 2013-08-31 uk-gaap-cd-bus:Director4 2013-09-01 2014-08-31 uk-gaap-cd-bus:Director4 2014-08-31 uk-gaap-cd-bus:Director4 2013-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-31 iso4217:GBP shares

Registered Number 05534018

SYNTECH ENTERPRISE LIMITED

Abbreviated Accounts

31 August 2014

SYNTECH ENTERPRISE LIMITED Registered Number 05534018

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	-	977,146
		-	977,146
Current assets
Debtors		28,478	16,546
Cash at bank and in hand		-	1,184
		28,478	17,730
Creditors: amounts falling due within one year	3	(3,450)	(472,874)
Net current assets (liabilities)		25,028	(455,144)
Total assets less current liabilities		25,028	522,002
Creditors: amounts falling due after more than one year	3	-	(477,162)
Total net assets (liabilities)		25,028	44,840
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		25,026	44,838
Shareholders' funds		25,028	44,840

For the year ending 31 August 2014 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 August 2015

And signed on their behalf by:
Malcolm Keat, Director

SYNTECH ENTERPRISE LIMITED Registered Number 05534018

Notes to the Abbreviated Accounts for the period ended 31 August 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total value of goods, excluding value added tax, provided to customers during the year, plus the value of work, excluding value added tax, performed during the year with respect to services.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Land and buildings - Straight line over fifty years
Tangible fixed assets are stated at cost less accumulated depreciation.

2Tangible fixed assets

	£
Cost
At 1 September 2013	1,043,874
Additions	-
Disposals	(1,043,874)
Revaluations	-
Transfers	-
At 31 August 2014	0
Depreciation
At 1 September 2013	66,728
Charge for the year	-
On disposals	(66,728)
At 31 August 2014	0
Net book values
At 31 August 2014	0
At 31 August 2013	977,146

3Creditors

	2014 £	2013 £
Secured Debts	0	594,032
Instalment debts due after 5 years	0	477,162

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2

5Transactions with directors

Name of director receiving advance or credit:	Michael Badcott
Description of the transaction:	Loan
Balance at 1 September 2013:	£ 16,096
Advances or credits made:	£ 6,405
Advances or credits repaid:	£ 8,048
Balance at 31 August 2014:	£ 14,453

Name of director receiving advance or credit:	Malcolm Keat
Description of the transaction:	Loan
Balance at 1 September 2013:	£ 0
Advances or credits made:	£ 14,025
Advances or credits repaid:	£ 0
Balance at 31 August 2014:	£ 14,025