Abbreviated Company Accounts - SYNTHESIS IPS LTD

Abbreviated Company Accounts - SYNTHESIS IPS LTD


Registered Number 07825866

SYNTHESIS IPS LTD

Abbreviated Accounts

31 October 2015

SYNTHESIS IPS LTD Registered Number 07825866

Abbreviated Balance Sheet as at 31 October 2015

Notes 2015 2014
£ £
Current assets
Debtors 3,082 2,488
Cash at bank and in hand 282 3,041
3,364 5,529
Creditors: amounts falling due within one year (606) (2,142)
Net current assets (liabilities) 2,758 3,387
Total assets less current liabilities 2,758 3,387
Total net assets (liabilities) 2,758 3,387
Reserves
Income and expenditure account 2,758 3,387
Members' funds 2,758 3,387
  • For the year ending 31 October 2015 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 27 July 2016

And signed on their behalf by:
G Fisher, Director

SYNTHESIS IPS LTD Registered Number 07825866

Notes to the Abbreviated Accounts for the period ended 31 October 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, 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 respresents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Other accounting policies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assests and liabilities donominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.