Synapptic Limited,Ltd - AccountsLtd - Accounts

Synapptic Limited,Ltd - AccountsLtd - Accounts

SYNAPPTIC LTD - Company Information

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2017-02-01 07907528 2018-01-31 07907528 2017-02-01 2018-01-31 07907528 2017-01-31 07907528 2016-02-01 2017-01-31 07907528 uk-core:WithinOneYear 2017-01-31 07907528 uk-core:WithinOneYear 2018-01-31 07907528 uk-core:ShareCapital 2018-01-31 07907528 uk-core:ShareCapital 2017-01-31 07907528 uk-core:RetainedEarningsAccumulatedLosses 2018-01-31 07907528 uk-core:RetainedEarningsAccumulatedLosses 2017-01-31 07907528 uk-bus:Director1 2017-02-01 2018-01-31 07907528 uk-core:PlantMachinery 2017-02-01 2018-01-31 07907528 uk-core:ComputerEquipment 2017-02-01 2018-01-31 07907528 uk-core:FurnitureFittings 2017-02-01 2018-01-31 07907528 uk-core:Goodwill 2017-01-31 07907528 uk-core:Goodwill 2018-01-31 07907528 uk-core:Goodwill 2017-02-01 2018-01-31 07907528 uk-core:ComputerEquipment 2017-01-31 07907528 uk-core:FurnitureFittings 2017-01-31 07907528 uk-core:PlantMachinery 2017-01-31 07907528 uk-core:PlantMachinery 2018-01-31 07907528 uk-core:FurnitureFittings 2018-01-31 07907528 uk-core:ComputerEquipment 2018-01-31 iso4217:GBP 07907528 uk-bus:AuditExemptWithAccountantsReport 2017-02-01 2018-01-31 07907528 uk-bus:FRS102 2017-02-01 2018-01-31 07907528 uk-bus:FullAccounts 2017-02-01 2018-01-31 07907528 uk-bus:PrivateLimitedCompanyLtd 2017-02-01 2018-01-31
Synapptic Limited
Registered Number:07907528
For the year ended 31 January 2018
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2018
Synapptic Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 31 January 2018
Synapptic Limited
Statement of Financial Position
Registered Number :
07907528
£
£
2017
2018
Notes
Fixed assets
Intangible assets
10,000
12,000
2
Property, plant and equipment
15,365
12,233
3
25,365
24,233
Current assets
Inventories
21,694
24,228
4
Trade and other receivables
21,346
41,988
5
46,301
Cash and cash equivalents
73,873
140,089
89,341
Trade and other payables: amounts falling due within one
year
(67,415)
(58,736)
6
21,926
81,353
Net current assets
Total assets less current liabilities
106,718
46,159
106,718
Net assets
46,159
Capital and reserves
Called up share capital
100
100
Retained earnings
106,618
46,059
106,718
46,159
Shareholders' funds
For the year ended 31 January 2018 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 of its financial statements for the year ended 31 January 2018 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
A Sach Director
These financial statements were approved and authorised for issue by the Board on 12 April 2018 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 January 2018
Synapptic Limited
Notes to the Financial Statements
Statutory Information
Synapptic Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 07907528.
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
20% Straight line
25% Reducing balance
Computer Equipment
20% Reducing balance
Furniture and Fittings
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 February 2017
20,000
At 31 January 2018
20,000
Amortisation
At 01 February 2017
8,000
2,000
Charge for year
At 31 January 2018
10,000
Net book value
At 31 January 2018
10,000
At 31 January 2017
12,000
2 of 3
5
For the year ended 31 January 2018
Synapptic Limited
Notes to the Financial Statements Continued
3. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Plant and
Machinery
£
£
£
£
Cost or
valuation
At 01 February 2017
18,031
5,904
4,277
7,850
6,921
1,602
2,570
2,749
Additions
At 31 January 2018
10,599
6,847
7,506
24,952
Provision for depreciation and impairment
At 01 February 2017
5,798
1,929
577
3,292
Charge for year
3,789
1,186
883
1,720
At 31 January 2018
9,587
3,115
1,460
5,012
At 31 January 2018
Net book value
5,587
5,387
4,391
15,365
At 31 January 2017
4,558
3,700
3,975
12,233
4. Inventories
2017
2018
£
£
Stocks
24,228
21,694
5. Trade and other receivables
2017
2018
£
£
Trade debtors
32,863
19,992
Other debtors
9,125
1,354
21,346
41,988
6. Trade and other payables: amounts falling due within one year
2017
2018
£
£
Trade creditors
18,899
639
Taxation and social security
32,808
19,195
Other creditors
7,029
47,581
58,736
67,415
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