Acorah Software Products - Accounts Production 16.2.850 false true true 31 December 2023 1 January 2023 false 17 June 2025 1 January 2024 31 December 2024 31 December 2024 14147175 Jignesh Desai true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14147175 2023-12-31 14147175 2024-12-31 14147175 2024-01-01 2024-12-31 14147175 frs-core:CurrentFinancialInstruments 2024-12-31 14147175 frs-core:ShareCapital 2024-12-31 14147175 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 14147175 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 14147175 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 14147175 frs-bus:SmallEntities 2024-01-01 2024-12-31 14147175 frs-bus:Audited 2024-01-01 2024-12-31 14147175 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 14147175 1 2024-01-01 2024-12-31 14147175 frs-bus:Director1 2024-01-01 2024-12-31 14147175 frs-countries:EnglandWales 2024-01-01 2024-12-31 14147175 2022-12-31 14147175 2023-12-31 14147175 2023-01-01 2023-12-31 14147175 frs-core:CurrentFinancialInstruments 2023-12-31 14147175 frs-core:ShareCapital 2023-12-31 14147175 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 14147175
Lighthouse Canton UK PTE Ltd
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Company Information 1
Balance Sheet 2
Notes to the Financial Statements 3—5
Page 1
Company Information
Director Jignesh Desai
Company Number 14147175
Registered Office The Bowler Barn, Bartletts Court
Bath Road, Littlewick Green
Maidenhead
Berks
SL6 3RX
Accountants Starfish Accounting Ltd
ICAEW
The Bowler Barn
Bartletts Court
Littlewick Green
Berkshire
SL6 3RX
Auditors Stiles Accountants Ltd
2 Lake End Court
Taplow Road
Taplow
Berkshire
SL6 0JQ
Page 1
Page 2
Balance Sheet
Registered number: 14147175
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 26,238 17,955
Cash at bank and in hand 2,549 3,944
28,787 21,899
Creditors: Amounts Falling Due Within One Year 5 (10,570 ) (12,905 )
NET CURRENT ASSETS (LIABILITIES) 18,217 8,994
TOTAL ASSETS LESS CURRENT LIABILITIES 18,217 8,994
NET ASSETS 18,217 8,994
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 18,117 8,894
SHAREHOLDERS' FUNDS 18,217 8,994
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
Jignesh Desai
Director
17/06/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Lighthouse Canton UK PTE Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14147175 . The registered office is The Bowler Barn, Bartletts Court, Bath Road, Littlewick Green, Maidenhead, Berks, SL6 3RX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
2.2. Going Concern Disclosure
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future on the basis that the company will continue to be supported by the wider group and its ultimate owner. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.
2.3. 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.
 .
2.4. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
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.
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.
...CONTINUED
Page 3
Page 4
2.6. Taxation - continued
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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.8. Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
2.9. Basic financial liabilities and assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities, including creditors and loans from fellow group companies that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
2.10. Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 1)
2 1
4. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 59 155
Other debtors 26,179 17,800
26,238 17,955
Page 4
Page 5
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other taxes and social security 2,671 2,905
Net wages 257 2,250
Accruals and deferred income 6,792 6,900
Amounts owed to related parties 850 850
10,570 12,905
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
7. Related Party Transactions
At the end of the period the company was owed £26,179 (2023: £17,800) by a group company, Lighthouse Canton PTE. Limited, a company registered in Singapore. 
At the end of the period the company owed £850 (2023:£850) to it's parent company, Lighthouse Canton Investment Holdings PTE. Limited, a company registered in Singapore.
8. Ultimate Parent Undertaking and Controlling Party
The Company’s ultimate parent undertaking and controlling party was Lighthouse Canton Investment Holdings Pte. Ltd, a Company incorporated in Singapore and which was the smallest and largest of such group undertakings of which the Company is a member and for which group financial statements are prepared. Copies of its financial statements are available from 16 Collyer Quay, #11-02, Collyer Quay Centre, Singapore 049318.
In February 2025, the entire share capital of the company was purchased by Samatva Capital Holdings Ltd, a company registered in the UK which is owned and controlled by the director.
9. Audit Information
The auditor's report on the accounts of Lighthouse Canton UK PTE Ltd for the year ended 31 December 2024 was unqualified.
The auditor's report was signed by Daniel Robins FCCA (Senior Statutory Auditor) for and on behalf of Stiles Accountants Ltd , Statutory Auditor.
Stiles Accountants Ltd
2 Lake End Court
Taplow Road
Taplow
Berkshire
SL6 0JQ
Page 5