Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 11387894 A Naik K Rafiq-Khatana S Rafiq R Naik iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11387894 2023-12-31 11387894 2024-12-31 11387894 2024-01-01 2024-12-31 11387894 frs-core:CurrentFinancialInstruments 2024-12-31 11387894 frs-core:BetweenOneFiveYears 2024-12-31 11387894 frs-core:ComputerEquipment 2024-12-31 11387894 frs-core:ComputerEquipment 2024-01-01 2024-12-31 11387894 frs-core:ComputerEquipment 2023-12-31 11387894 frs-core:FurnitureFittings 2024-12-31 11387894 frs-core:FurnitureFittings 2024-01-01 2024-12-31 11387894 frs-core:FurnitureFittings 2023-12-31 11387894 frs-core:WithinOneYear 2024-12-31 11387894 frs-core:ShareCapital 2024-12-31 11387894 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 11387894 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11387894 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 11387894 frs-bus:SmallEntities 2024-01-01 2024-12-31 11387894 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11387894 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11387894 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31 11387894 frs-bus:OrdinaryShareClass1 2024-12-31 11387894 frs-bus:OrdinaryShareClass2 2024-01-01 2024-12-31 11387894 frs-bus:OrdinaryShareClass2 2024-12-31 11387894 frs-bus:OrdinaryShareClass3 2024-01-01 2024-12-31 11387894 frs-bus:OrdinaryShareClass3 2024-12-31 11387894 frs-bus:OrdinaryShareClass4 2024-01-01 2024-12-31 11387894 frs-bus:OrdinaryShareClass4 2024-12-31 11387894 frs-bus:Director1 2024-01-01 2024-12-31 11387894 frs-bus:Director2 2024-01-01 2024-12-31 11387894 frs-bus:Director3 2024-01-01 2024-12-31 11387894 frs-bus:Director4 2024-01-01 2024-12-31 11387894 frs-countries:EnglandWales 2024-01-01 2024-12-31 11387894 2022-12-31 11387894 2023-12-31 11387894 2023-01-01 2023-12-31 11387894 frs-core:CurrentFinancialInstruments 2023-12-31 11387894 frs-core:BetweenOneFiveYears 2023-12-31 11387894 frs-core:WithinOneYear 2023-12-31 11387894 frs-core:ShareCapital 2023-12-31 11387894 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 11387894 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31 11387894 frs-bus:OrdinaryShareClass2 2023-01-01 2023-12-31 11387894 frs-bus:OrdinaryShareClass3 2023-01-01 2023-12-31 11387894 frs-bus:OrdinaryShareClass4 2023-01-01 2023-12-31
Registered number: 11387894
Europa Search Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11387894
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 25,629 26,314
25,629 26,314
CURRENT ASSETS
Debtors 5 929,165 839,012
Cash at bank and in hand 1,235,381 1,140,404
2,164,546 1,979,416
Creditors: Amounts Falling Due Within One Year 6 (1,106,050 ) (798,832 )
NET CURRENT ASSETS (LIABILITIES) 1,058,496 1,180,584
TOTAL ASSETS LESS CURRENT LIABILITIES 1,084,125 1,206,898
PROVISIONS FOR LIABILITIES
Deferred Taxation (6,407 ) -
NET ASSETS 1,077,718 1,206,898
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 1,077,618 1,206,798
SHAREHOLDERS' FUNDS 1,077,718 1,206,898
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 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.
The financial statements were approved by the board of directors on 16 September 2025 and were signed on its behalf by:
A Naik
Director
K Rafiq-Khatana
Director
16/09/2025
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
Europa Search Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11387894 . The registered office is Tw12ve 12 Forbury Road, Reading, RG1 1SB.
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 represents amounts derived from the provision of services to third party customers net of VAT. Contract revenue is recognised as work is carried out in the period in which a contract is in place. Permanent placement fees are recognised in the period in which the candidate commences their new employment.
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:
Fixtures & Fittings 20% reducing balance
Computer Equipment 25% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sales proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
2.4. Leasing and Hire Purchase Contracts
Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases assets are consumed.
2.5. Financial Instruments
The company has elected to apply the discloures of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' 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.
Basic financial assets and liabilities
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
2.6. 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.
2.7. 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
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2.7. 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.
2.8. 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.
2.9. Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
2.10. Equity instruments
Equity instruments being the share capital issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payableon 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: 24 (2023: 18)
24 18
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 17,822 23,941 41,763
Additions 1,465 4,913 6,378
As at 31 December 2024 19,287 28,854 48,141
Depreciation
As at 1 January 2024 6,551 8,898 15,449
Provided during the period 2,445 4,618 7,063
As at 31 December 2024 8,996 13,516 22,512
Net Book Value
As at 31 December 2024 10,291 15,338 25,629
As at 1 January 2024 11,271 15,043 26,314
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 517,698 377,737
Other debtors 411,467 461,275
929,165 839,012
Page 4
Page 5
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 255,632 321,857
Bank loans and overdrafts 43 -
Other creditors 786,962 283,236
Taxation and social security 63,413 193,739
1,106,050 798,832
7. Share Capital
2024 2023
Allotted, called up and fully paid £ £
25 Ordinary Shares of £ 1.00 each 25 25
25 Ordinary A shares of £ 1.00 each 25 25
25 Ordinary B shares of £ 1.00 each 25 25
25 Ordinary C shares of £ 1.00 each 25 25
100 100
8. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 165,000 -
Later than one year and not later than five years 165,000 -
330,000 -
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