Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 March 2023 false 1 January 2024 31 December 2024 31 December 2024 07938527 Mr Stephane Fiorini iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07938527 2023-12-31 07938527 2024-12-31 07938527 2024-01-01 2024-12-31 07938527 frs-core:CurrentFinancialInstruments 2024-12-31 07938527 frs-core:ComputerEquipment 2024-12-31 07938527 frs-core:ComputerEquipment 2024-01-01 2024-12-31 07938527 frs-core:ComputerEquipment 2023-12-31 07938527 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 07938527 frs-core:FurnitureFittings 2024-12-31 07938527 frs-core:FurnitureFittings 2024-01-01 2024-12-31 07938527 frs-core:FurnitureFittings 2023-12-31 07938527 frs-core:MotorVehicles 2024-12-31 07938527 frs-core:MotorVehicles 2024-01-01 2024-12-31 07938527 frs-core:MotorVehicles 2023-12-31 07938527 frs-core:OtherResidualIntangibleAssets 2024-12-31 07938527 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 07938527 frs-core:OtherResidualIntangibleAssets 2023-12-31 07938527 frs-core:PlantMachinery 2024-12-31 07938527 frs-core:PlantMachinery 2024-01-01 2024-12-31 07938527 frs-core:PlantMachinery 2023-12-31 07938527 frs-core:RevaluationReserve 2024-01-01 2024-12-31 07938527 frs-core:RevaluationReserve 2024-12-31 07938527 frs-core:ShareCapital 2024-12-31 07938527 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 07938527 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07938527 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 07938527 frs-bus:SmallEntities 2024-01-01 2024-12-31 07938527 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07938527 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07938527 frs-bus:Director1 2024-01-01 2024-12-31 07938527 frs-bus:Director1 2023-12-31 07938527 frs-bus:Director1 2024-12-31 07938527 frs-countries:EnglandWales 2024-01-01 2024-12-31 07938527 2023-02-28 07938527 2023-12-31 07938527 2023-03-01 2023-12-31 07938527 frs-core:CurrentFinancialInstruments 2023-12-31 07938527 frs-core:RevaluationReserve 2023-12-31 07938527 frs-core:ShareCapital 2023-12-31 07938527 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 07938527
Kepler Search Limited
Financial Statements
For The Year Ended 31 December 2024
TaxAssist Accountants
Screenworks, Office 218
22 Highbury Grove
London
N5 2EF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07938527
31 December 2024 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 487,633 -
Tangible Assets 5 49,888 59,383
537,521 59,383
CURRENT ASSETS
Debtors 6 1,553,078 1,635,867
Cash at bank and in hand 396,557 577,667
1,949,635 2,213,534
Creditors: Amounts Falling Due Within One Year 7 (368,998 ) (393,209 )
NET CURRENT ASSETS (LIABILITIES) 1,580,637 1,820,325
TOTAL ASSETS LESS CURRENT LIABILITIES 2,118,158 1,879,708
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,363 ) -
NET ASSETS 2,109,795 1,879,708
CAPITAL AND RESERVES
Called up share capital 8 1 1
Revaluation reserve 10 25,088 -
Profit and Loss Account 2,084,706 1,879,707
SHAREHOLDERS' FUNDS 2,109,795 1,879,708
Page 1
Page 2
For the year ending 31 December 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 Stephane Fiorini
Director
12 May 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Kepler Search Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07938527 . The registered office is Lime Tree House, 15 Lime Tree Walk, Sevenoaks, TN13 1YH.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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 cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are crypto currencies. It is reported following IAS 38 revaluation model and no amortiation has been charged as the asset has indefinite useful life.
2.4. 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:
Plant & Machinery 33% SLM
Motor Vehicles 20% RBM
Fixtures & Fittings 25% RBM
Computer Equipment 33% SLM
2.5. 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.
Page 3
Page 4
2.6. 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 6)
8 6
4. Intangible Assets
Other
£
Cost
As at 1 January 2024 -
Additions 487,633
As at 31 December 2024 487,633
Net Book Value
As at 31 December 2024 487,633
As at 1 January 2024 -
Page 4
Page 5
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 1,462 87,247 13,161 19,004 120,874
Additions - - - 5,552 5,552
As at 31 December 2024 1,462 87,247 13,161 24,556 126,426
Depreciation
As at 1 January 2024 187 39,167 6,388 15,749 61,491
Provided during the period 487 9,616 1,693 3,251 15,047
As at 31 December 2024 674 48,783 8,081 19,000 76,538
Net Book Value
As at 31 December 2024 788 38,464 5,080 5,556 49,888
As at 1 January 2024 1,275 48,080 6,773 3,255 59,383
6. Debtors
31 December 2024 31 December 2023
£ £
Due within one year
Trade debtors 799,504 1,088,561
Other debtors 753,574 547,306
1,553,078 1,635,867
7. Creditors: Amounts Falling Due Within One Year
31 December 2024 31 December 2023
£ £
Other creditors 180,767 263,557
Taxation and social security 188,231 129,652
368,998 393,209
8. Share Capital
31 December 2024 31 December 2023
£ £
Allotted, Called up and fully paid 1 1
Page 5
Page 6
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Stephane Fiorini 405,210 342,148 178,453 - 568,905
The above loan is unsecured and repayable on demand.
10. Reserves
Revaluation Reserve
£
Surplus on revaluation 25,088
As at 31 December 2024 25,088
Page 6