Acorah Software Products - Accounts Production 14.6.300 false true false 30 August 2023 31 August 2024 31 August 2024 15104999 Mr Ameer Bashir Khan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15104999 2023-08-29 15104999 2024-08-31 15104999 2023-08-30 2024-08-31 15104999 frs-core:CurrentFinancialInstruments 2024-08-31 15104999 frs-core:MotorVehicles 2024-08-31 15104999 frs-core:MotorVehicles 2023-08-30 2024-08-31 15104999 frs-core:MotorVehicles 2023-08-29 15104999 frs-core:ShareCapital 2024-08-31 15104999 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 15104999 frs-bus:PrivateLimitedCompanyLtd 2023-08-30 2024-08-31 15104999 frs-bus:FilletedAccounts 2023-08-30 2024-08-31 15104999 frs-bus:SmallEntities 2023-08-30 2024-08-31 15104999 frs-bus:AuditExempt-NoAccountantsReport 2023-08-30 2024-08-31 15104999 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-30 2024-08-31 15104999 frs-bus:Director1 2023-08-30 2024-08-31 15104999 frs-countries:EnglandWales 2023-08-30 2024-08-31
Registered number: 15104999
Spherical Search Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
SAS Yorkshire Accountants
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 15104999
2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 14,506
14,506
CURRENT ASSETS
Cash at bank and in hand 252,220
252,220
Creditors: Amounts Falling Due Within One Year 5 (78,882 )
NET CURRENT ASSETS (LIABILITIES) 173,338
TOTAL ASSETS LESS CURRENT LIABILITIES 187,844
NET ASSETS 187,844
CAPITAL AND RESERVES
Called up share capital 6 1
Profit and Loss Account 187,843
SHAREHOLDERS' FUNDS 187,844
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Ameer Bashir Khan
Director
16/09/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Spherical Search Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15104999 . The registered office is Office Ff6, 28 Track Road, Batley, WF17 7AA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract canot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 18% Reducing Balance
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2
2
4. Tangible Assets
Motor Vehicles
£
Cost
As at 30 August 2023 -
Additions 17,690
As at 31 August 2024 17,690
...CONTINUED
Page 2
Page 3
Depreciation
As at 30 August 2023 -
Provided during the period 3,184
As at 31 August 2024 3,184
Net Book Value
As at 31 August 2024 14,506
As at 30 August 2023 -
5. Creditors: Amounts Falling Due Within One Year
2024
£
Other creditors 12,795
Taxation and social security 66,087
78,882
6. Share Capital
2024
£
Allotted, Called up and fully paid 1
Page 3