Syn2gen Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06912031 (England and Wales)

Abbreviated Accounts for the Year Ended 31 May 2016

for

Syn2gen Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

K Ball

D Ovens

A Hamilton

SECRETARY:

K Ball

REGISTERED OFFICE:

Brightwell Grange

Britwell Road

Burnham

Bucks

SL1 8DF

REGISTERED NUMBER:

06912031 (England and Wales)

ACCOUNTANTS:

Blue Cube Accountants Limited

Brightwell Grange

Britwell Road

Burnham

Bucks

SL1 8DF

FIXED ASSETS

Tangible assets

2

1

196

CURRENT ASSETS

Debtors

204

1,695

Cash at bank

681

132

885

1,827

CREDITORS

Amounts falling due within one year

7,247

4,850

NET CURRENT LIABILITIES

(6,362

)

(3,023

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(6,361

)

(2,827

)

CAPITAL AND RESERVES

Called up share capital

3

300

Profit and loss account

(6,661

)

(3,127

)

SHAREHOLDERS' FUNDS

(6,361

)

(2,827

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 20 February 2017 and were signed on its behalf
by:

K Ball - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on the going concern basis which assumes that the company will

continue for the foreseeable future.

The validity of this assumption depends upon the continued support of the directors and shareholders of the

company.

As this support is likely to be maintained the directors believe that it is appropriate for the financial statements to

be prepared on a going concern basis.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

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

-

33% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

and 31 May 2016

1,931

DEPRECIATION

At 1 June 2015

1,735

Charge for year

195

At 31 May 2016

1,930

NET BOOK VALUE

At 31 May 2016

1

At 31 May 2015

196

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

300

Ordinary

£1

300

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2016 and

31 May 2015:

31.5.16

31.5.15

£

D Ovens

Balance outstanding at start of year

199

Amounts repaid

(2,180

)

-

Balance outstanding at end of year

(1,981

)

199