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 06459182 Mrs Christie Brown Mr David Brown iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06459182 2023-12-31 06459182 2024-12-31 06459182 2024-01-01 2024-12-31 06459182 frs-core:CurrentFinancialInstruments 2024-12-31 06459182 frs-core:Non-currentFinancialInstruments 2024-12-31 06459182 frs-core:ComputerEquipment 2024-12-31 06459182 frs-core:ComputerEquipment 2024-01-01 2024-12-31 06459182 frs-core:ComputerEquipment 2023-12-31 06459182 frs-core:FurnitureFittings 2024-12-31 06459182 frs-core:FurnitureFittings 2024-01-01 2024-12-31 06459182 frs-core:FurnitureFittings 2023-12-31 06459182 frs-core:PlantMachinery 2024-12-31 06459182 frs-core:PlantMachinery 2024-01-01 2024-12-31 06459182 frs-core:PlantMachinery 2023-12-31 06459182 frs-core:ShareCapital 2024-12-31 06459182 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 06459182 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 06459182 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 06459182 frs-bus:SmallEntities 2024-01-01 2024-12-31 06459182 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 06459182 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 06459182 frs-bus:Director1 2024-01-01 2024-12-31 06459182 frs-bus:Director1 2023-12-31 06459182 frs-bus:Director1 2024-12-31 06459182 frs-bus:Director2 2024-01-01 2024-12-31 06459182 frs-bus:Director2 2023-12-31 06459182 frs-bus:Director2 2024-12-31 06459182 frs-countries:EnglandWales 2024-01-01 2024-12-31 06459182 2022-12-31 06459182 2023-12-31 06459182 2023-01-01 2023-12-31 06459182 frs-core:CurrentFinancialInstruments 2023-12-31 06459182 frs-core:Non-currentFinancialInstruments 2023-12-31 06459182 frs-core:ShareCapital 2023-12-31 06459182 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 06459182 frs-core:CurrentFinancialInstruments 1 2023-12-31
Searchlight Network Limited
Financial Statements
For The Year Ended 31 December 2024
TaxAssist Accountants
133 Station Road
Sidcup
DA15 7AA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 06459182
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,680 6,143
1,680 6,143
CURRENT ASSETS
Debtors 5 44,028 30,387
Cash at bank and in hand 4,248 36,140
48,276 66,527
Creditors: Amounts Falling Due Within One Year 6 (49,363 ) (54,999 )
NET CURRENT ASSETS (LIABILITIES) (1,087 ) 11,528
TOTAL ASSETS LESS CURRENT LIABILITIES 593 17,671
Creditors: Amounts Falling Due After More Than One Year 7 - (12,469 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (319 ) (1,167 )
NET ASSETS 274 4,035
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 174 3,935
SHAREHOLDERS' FUNDS 274 4,035
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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 David Brown
Director
8 September 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
Searchlight Network Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06459182 . The registered office is 119 Station Road, Sidcup, Kent, DA15 7AJ.
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, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
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 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% Straight line
Fixtures & Fittings 20% Straight line
Computer Equipment 33.33% Straight line
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2.4. 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 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 3)
4 3
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 1,699 17,788 3,762 23,249
Additions - - 375 375
As at 31 December 2024 1,699 17,788 4,137 23,624
Depreciation
As at 1 January 2024 1,643 13,395 2,068 17,106
Provided during the period 56 3,558 1,224 4,838
As at 31 December 2024 1,699 16,953 3,292 21,944
Net Book Value
As at 31 December 2024 - 835 845 1,680
As at 1 January 2024 56 4,393 1,694 6,143
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 8 900
Prepayments and accrued income 316 -
Other debtors 4,196 8,234
Directors' loan accounts 39,508 21,253
44,028 30,387
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 4,805 5,121
Bank loans and overdrafts 12,788 7,927
Corporation tax 17,901 18,024
Other taxes and social security 428 87
VAT 7,284 6,400
Net wages 3,664 3,265
Pension control - 55
Accruals and deferred income 2,493 14,120
49,363 54,999
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - 12,469
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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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
£ £ £ £ £
Mrs Christie Brown 10,626 19,310 10,626 - 19,310
Mr David Brown 10,626 19,310 10,626 - 19,310
The above loan is unsecured, repayable on demand, and has been charged interest at HMRC’s official rate of 2.25%
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