Company Registration No. 13274594 (England and Wales)
SearchVis Ltd
Unaudited accounts
for the year ended 31 March 2024
SearchVis Ltd
Unaudited accounts
Contents
SearchVis Ltd
Company Information
for the year ended 31 March 2024
Director
Christopher Gedge
Company Number
13274594 (England and Wales)
Registered Office
11 CORONATION ROAD
NORWICH
NR6 5HB
ENGLAND
Accountants
Mrs A C Howell
13 Ipswich Grove
Norwich
Norfolk
NR2 2LU
SearchVis Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
1,594
2,124
Cash at bank and in hand
211
496
Creditors: amounts falling due within one year
(24,343)
(17,022)
Net current liabilities
(587)
(2,015)
Called up share capital
100
100
Profit and loss account
907
9
Shareholders' funds
1,007
109
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 October 2024 and were signed on its behalf by
Christopher Gedge
Director
Company Registration No. 13274594
SearchVis Ltd
Notes to the Accounts
for the year ended 31 March 2024
SearchVis Ltd is a private company, limited by shares, registered in England and Wales, registration number 13274594. The registered office is 11 CORONATION ROAD, NORWICH, NR6 5HB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Computer equipment
SearchVis Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Accrued income and prepayments
175
152
Other debtors
20,770
13,159
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
19,081
13,709
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Interest-free advances
13,159
80,300
72,689
20,770
13,159
80,300
72,689
20,770
During the year, the company made interest-free advances to a director. These were repayable on demand and have been repaid in full since the year end.
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).