Abbreviated Company Accounts - SYNAFRONT LIMITED

Abbreviated Company Accounts - SYNAFRONT LIMITED


Registered Number 09164888

SYNAFRONT LIMITED

Abbreviated Accounts

31 August 2016

SYNAFRONT LIMITED Registered Number 09164888

Abbreviated Balance Sheet as at 31 August 2016

Notes 2016 2015
$ $
Current assets
Debtors 154,101 86,926
Cash at bank and in hand 15,728 14,905
169,829 101,831
Creditors: amounts falling due within one year (163,558) (98,333)
Net current assets (liabilities) 6,271 3,498
Total assets less current liabilities 6,271 3,498
Total net assets (liabilities) 6,271 3,498
Capital and reserves
Called up share capital 2 169 169
Profit and loss account 6,102 3,329
Shareholders' funds 6,271 3,498
  • For the year ending 31 August 2016 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 30 May 2017

And signed on their behalf by:
Ruben Drobo-Ampem, Director

SYNAFRONT LIMITED Registered Number 09164888

Notes to the Abbreviated Accounts for the period ended 31 August 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents amounts derived from the company's principal activity. Turnover is recognised upon completion of the contractual obligations of both parties.

Other accounting policies
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).

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.

Foreign currency translation

Monetary assets and liabilities denominated in foreign currencies are translated into US dollars at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

2Called Up Share Capital

Allotted, called up and fully paid
100 Ordinary Shares of £1 each; 2016: $169 , 2015: $169