i-synergy Consulting Ltd - Accounts to registrar

REGISTERED NUMBER: 07415106 (England and Wales)

I-SYNERGY CONSULTING LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 DECEMBER 2016

Page

Company Information

1

Report of the Accountants

2

Balance Sheet

3

to

4

Notes to the Financial Statements

5

to

7

DIRECTOR:

Mr R Bryan

REGISTERED OFFICE:

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

REGISTERED NUMBER:

07415106 (England and Wales)

ACCOUNTANTS:

JSA Services Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

The following reproduces the text of the report prepared for the director and members in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other

primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2016 set out on pages three to five and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

JSA Services Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

Date: .............................................

FIXED ASSETS

Tangible assets

5

951

1,901

CURRENT ASSETS

Debtors

6

44,725

50,336

Cash at bank

17,601

8,462

62,326

58,798

CREDITORS

Amounts falling due within one year

7

35,561

41,928

NET CURRENT ASSETS

26,765

16,870

TOTAL ASSETS LESS CURRENT
LIABILITIES

27,716

18,771

CREDITORS

Amounts falling due after more than one
year

8

14,027

18,768

NET ASSETS

13,689

3

CAPITAL AND RESERVES

Called up share capital

9

1

Retained earnings

10

13,688

2

SHAREHOLDERS' FUNDS

13,689

3

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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 Income Statement has not been delivered.

The financial statements were approved by the director on 29 September 2017 and were signed by:

Mr R Bryan - Director

1.	STATUTORY INFORMATION

i-synergy Consulting Ltd 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% on cost

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 January 2016

and 31 December 2016

300

3,888

4,188

DEPRECIATION

At 1 January 2016

100

2,187

2,287

Charge for year

100

850

950

At 31 December 2016

200

3,037

3,237

NET BOOK VALUE

At 31 December 2016

100

851

951

At 31 December 2015

200

1,701

1,901

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

Trade debtors

10,872

9,240

Other debtors

8,219

Directors' current accounts

25,634

32,877

44,725

50,336

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

Bank loans and overdrafts

4,741

4,115

Corporation tax

22,035

28,980

PAYE/NI control

42

-

VAT

8,743

8,833

35,561

41,928

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2016

2015

£

Bank loans - 2-5 years

14,027

18,768

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary

£1

1

10.

RESERVES

Retained

earnings

£

At 1 January 2016

2

Profit for the year

87,190

Dividends

(73,504

)

At 31 December 2016

13,688

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31 December 2015:

2016

2015

£

Mr R Bryan

Balance outstanding at start of year

32,877

8,525

Amounts advanced

33,231

75,323

Amounts repaid

(40,474

)

(50,971

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

25,634

32,877

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr R Bryan.