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Registered number: 13435326
Sectorlight Marketing Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 13435326
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 12,085 23,246
Investments 6 2,196 2,196
14,281 25,442
CURRENT ASSETS
Debtors 7 647,438 191,432
Cash at bank and in hand 21,794 32,681
669,232 224,113
Creditors: Amounts Falling Due Within One Year 8 (3,200,426 ) (2,843,572 )
NET CURRENT ASSETS (LIABILITIES) (2,531,194 ) (2,619,459 )
TOTAL ASSETS LESS CURRENT LIABILITIES (2,516,913 ) (2,594,017 )
NET LIABILITIES (2,516,913 ) (2,594,017 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (2,517,013 ) (2,594,117 )
SHAREHOLDERS' FUNDS (2,516,913) (2,594,017)
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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
Richard Stevens
Director
26th September 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Sectorlight Marketing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13435326 . The registered office is Floor 1, 64-65 Cowcross Street, London, EC1M 6EG.
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
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured at the fair value of the consideration received or receivable, net of discounts, rebates, value added taxes and other sales taxes. The following criteria must also be met before revenue is recognised:
Rendering of services
Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
  • the amount of revenue can be measured reliably;
  • it is probable that the Company will receive the consideration due under the contract;
  • the stage of completion of the contract at the end of the reporting period can be reliably measured; and
  • the costs incurred and the costs to complete the contract can be measured reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
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:
Computer Equipment over three years on a straight-line basis.
2.5. Foreign Currencies
Functional and presentation currency
The Company's functional and presentational currency is GBP.

Transactions and balances
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non­ monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-­monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period ­end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the Statement of Income and Retained Earnings except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses are presented in the Statement of Income and Retained Earnings within 'Interest payable and similar expenses'.
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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 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 period was 23 (2023: 23)
23 23
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2024 213,999
As at 31 December 2024 213,999
Amortisation
As at 1 January 2024 213,999
As at 31 December 2024 213,999
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 59,408
Additions 6,943
As at 31 December 2024 66,351
...CONTINUED
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Depreciation
As at 1 January 2024 36,162
Provided during the period 18,104
As at 31 December 2024 54,266
Net Book Value
As at 31 December 2024 12,085
As at 1 January 2024 23,246
6. Investments
Subsidiaries
£
Cost
As at 1 January 2024 2,196
As at 31 December 2024 2,196
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 2,196
As at 1 January 2024 2,196
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 331,745 174,495
Prepayments and accrued income 216,595 16,922
Other debtors 30,103 15
VAT 68,995 -
647,438 191,432
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 315,030 128,909
Other taxes and social security 44,449 129,204
VAT - 6,601
Other creditors 7,257 2,563
Accruals and deferred income 264,130 132,616
Amounts owed to group undertakings 20,049 53,912
Amounts owed to subsidiaries 105,549 120,518
Amounts owed to parent undertaking 2,443,962 2,269,249
3,200,426 2,843,572
The amounts owed to the parent undertaking are secured by a fixed and floating charge over all property and undertakings of the Company.
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9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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