Acorah Software Products - Accounts Production 16.4.675 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 04318504 Mr Paul Harwood Mr Mustafa Mustafa iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04318504 2023-12-31 04318504 2024-12-31 04318504 2024-01-01 2024-12-31 04318504 frs-core:CurrentFinancialInstruments 2024-12-31 04318504 frs-core:Non-currentFinancialInstruments 2024-12-31 04318504 frs-core:FurnitureFittings 2024-12-31 04318504 frs-core:FurnitureFittings 2024-01-01 2024-12-31 04318504 frs-core:FurnitureFittings 2023-12-31 04318504 frs-core:PlantMachinery 2024-12-31 04318504 frs-core:PlantMachinery 2024-01-01 2024-12-31 04318504 frs-core:PlantMachinery 2023-12-31 04318504 frs-core:ShareCapital 2024-12-31 04318504 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04318504 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04318504 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 04318504 frs-bus:SmallEntities 2024-01-01 2024-12-31 04318504 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04318504 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04318504 frs-bus:Director1 2024-01-01 2024-12-31 04318504 frs-bus:Director2 2024-01-01 2024-12-31 04318504 frs-countries:EnglandWales 2024-01-01 2024-12-31 04318504 2022-12-31 04318504 2023-12-31 04318504 2023-01-01 2023-12-31 04318504 frs-core:CurrentFinancialInstruments 2023-12-31 04318504 frs-core:Non-currentFinancialInstruments 2023-12-31 04318504 frs-core:ShareCapital 2023-12-31 04318504 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 04318504
United Networks (Satellite) Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Inspire Accounting (UK) Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04318504
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 640 853
640 853
CURRENT ASSETS
Debtors 5 38,676 54,221
38,676 54,221
Creditors: Amounts Falling Due Within One Year 6 (25,897 ) (37,864 )
NET CURRENT ASSETS (LIABILITIES) 12,779 16,357
TOTAL ASSETS LESS CURRENT LIABILITIES 13,419 17,210
Creditors: Amounts Falling Due After More Than One Year 7 (12,984 ) (21,515 )
NET ASSETS/(LIABILITIES) 435 (4,305 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 335 (4,405 )
SHAREHOLDERS' FUNDS 435 (4,305)
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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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 Paul Harwood
Director
Mr Mustafa Mustafa
Director
25/03/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
United Networks (Satellite) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04318504 . The registered office is Unit 14 The Beechwood Centre, 40 Lower Gravel Road, Bromley, Kent, BR2 8GP.
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. 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 25 on written down value
Fixtures & Fittings 25% on written down value
2.4. Taxation
Income tax expense represents the sum of the tax currently payable.
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 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2024 14,982 2,150 17,132
As at 31 December 2024 14,982 2,150 17,132
...CONTINUED
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Depreciation
As at 1 January 2024 14,129 2,150 16,279
Provided during the period 213 - 213
As at 31 December 2024 14,342 2,150 16,492
Net Book Value
As at 31 December 2024 640 - 640
As at 1 January 2024 853 - 853
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,736 22,221
Other debtors 35,500 32,000
Other taxes and social security 440 -
38,676 54,221
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 6,717 23,067
Bank loans and overdrafts 1,542 5,684
Corporation tax 11,151 5,180
Other taxes and social security - 120
VAT 6,487 3,813
25,897 37,864
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 12,984 21,515
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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