Company Registration No. 2857689 (England and Wales)
SYNERGY INTERNATIONAL LIMITED
DIRECTOR'S REPORT
AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2016
SYNERGY INTERNATIONAL LIMITED
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 MARCH 2016
- 1 -
The director presents his report and financial statements for the year ended 31 March 2016.
Principal activities
The company has not traded during the year.
Director
The following director has held office since 1 April 2015:
H C Stevens
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
On behalf of the board
H C Stevens
20 December 2016
Director
SYNERGY INTERNATIONAL LIMITED
BALANCE SHEET
AS AT
31 MARCH 2016
31 March 2016
- 2 -
2016
2015
Notes
£
£
£
£
Current assets
Cash at bank and in hand
2
2
Total assets less current liabilities
2
2
Capital and reserves
Called up share capital
4
2
2
Shareholders' funds
2
2
For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the Board for issue on 20 December 2016
H C Stevens
Director
Company Registration No. 2857689
SYNERGY INTERNATIONAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2016
- 3 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
2
Taxation
On the basis of these financial statements no provision has been made for corporation tax.
3
Fixed asset investments
£
Cost
At 1 April 2015 & at 31 March 2016
-
Net book value
At 31 March 2016
-
Holdings of more than 20%
The company holds more than 20% of the share capital of the following companies:
Company
Country of registration or
Shares held
incorporation
Class
%
Subsidiary undertakings
Synergy Benelux BV
Holland
Ordinary
100.00
SYNERGY INTERNATIONAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2016
3
Fixed asset investments
(Continued)
- 4 -
The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:
Capital and reserves
Profit/(loss) for the year
2016
2016
Principal activity
£
£
Synergy Benelux BV
the supply and maintenance of warehouse management software to the warehouse and distribution industries.
(144,366)
(588)
4
Share capital
2016
2015
£
£
Allotted, called up and fully paid
2 Ordinary of £1 each
2
2
5
Control
The ultimate
holding
company is
Synergy Limited
, a company registered in England and Wales.
Synergy
Limited
accounts
can be obtained from
Companies House.
The company is controlled by Mr H C Stevens, the director.