Synconium UK Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06046549 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

SYNCONIUM UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J Penny

REGISTERED OFFICE:

12-14 Mowbray Close

Rubery

Rednal

Birmingham

West Midlands

B45 0ES

REGISTERED NUMBER:

06046549 (England and Wales)

ACCOUNTANTS:

TGFP

Chartered Accountants

Fulford House

Newbold Terrace

Leamington Spa

Warwickshire

CV32 4EA

FIXED ASSETS

Tangible assets

4

12,090

12,211

CURRENT ASSETS

Debtors

5

29,754

30,268

Cash at bank and in hand

2,518

3,586

32,272

33,854

CREDITORS

Amounts falling due within one year

6

28,899

34,325

NET CURRENT ASSETS/(LIABILITIES)

3,373

(471

)

TOTAL ASSETS LESS CURRENT LIABILITIES

15,463

11,740

CREDITORS

Amounts falling due after more than one year

7

22,200

14,000

NET LIABILITIES

(6,737

)

(2,260

)

CAPITAL AND RESERVES

Called up and paid share capital

100

100

Retained earnings

(6,837

)

(2,360

)

SHAREHOLDERS' FUNDS

(6,737

)

(2,260

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 21 December 2018 and were signed by:

Mr J Penny - Director

1.	STATUTORY INFORMATION

Synconium UK Limited 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 the provisions of Section 1A "Small Entities" 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 cost convention.

Turnover

Turnover represents invoiced sales of services.

Tangible fixed assets

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

Plant and machinery etc

-

50% on cost, 33% on cost and 25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the

period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2017 - 24 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2017

30,856

Additions

1,786

At 31 March 2018

32,642

DEPRECIATION

At 1 April 2017

18,645

Charge for year

1,907

At 31 March 2018

20,552

NET BOOK VALUE

At 31 March 2018

12,090

At 31 March 2017

12,211

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Amounts owed by participating interests

27,671

24,671

Other debtors

2,083

5,597

29,754

30,268

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

1,080

1,079

Taxation and social security

217

677

Other creditors

27,602

32,569

28,899

34,325

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2018

2017

£

£

Other creditors

22,200

14,000