REGISTERED NUMBER: 05325335 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

SEARCHER PUBLICATIONS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S E F Bunce

REGISTERED OFFICE:

7a Abbey Business Park

Monks Walk

Farnham

Surrey

GU9 8HT

REGISTERED NUMBER:

05325335 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

100,067

122,464

100,067

122,464

CURRENT ASSETS

Stocks

28,000

27,500

Debtors

120,259

98,631

Cash at bank and in hand

123,823

112,077

272,082

238,208

CREDITORS

Amounts falling due within one year

107,705

84,839

NET CURRENT ASSETS

164,377

153,369

TOTAL ASSETS LESS CURRENT LIABILITIES

264,444

275,833

CREDITORS

Amounts falling due after more than one year

(64,941

)

(74,139

)

PROVISIONS FOR LIABILITIES

(15,807

)

(16,472

)

NET ASSETS

183,696

185,222

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

183,596

185,122

SHAREHOLDERS' FUNDS

183,696

185,222

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 October 2025 and were signed by:

S E F Bunce - Director

1.	STATUTORY INFORMATION

Searcher Publications Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared in accordance with the provisions of Section 1A ''Smaller Entities'' of Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents sales of magazine publishing and advertising services, excluding value added tax, sold to customers during the year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Goodwill

Goodwill, being the amount paid in connection with the aquisition of a business in 2005, was amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office costs

-

2% on costs

Fixtures and fittings

-

25% on cost

Office equipment

-

25% on cost

Motor vehicles

-

20% reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price, less costs to complete and sell. Cost includes all costs of purchase, including costs to bring stock to its present location and condition. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Financial instruments

The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

Taxation

Taxation for the year comprises current tax and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Deferred tax is provided in respect of material timing differences which have not reversed at the balance sheet date. Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or future taxable profits

Current and deferred tax assets and liabilities are not discounted and are recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments

Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2024

and 31 January 2025

65,000

AMORTISATION

At 1 February 2024

and 31 January 2025

65,000

NET BOOK VALUE

At 31 January 2025

-

At 31 January 2024

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2024

170,814

Additions

836

At 31 January 2025

171,650

DEPRECIATION

At 1 February 2024

48,350

Charge for year

23,233

At 31 January 2025

71,583

NET BOOK VALUE

At 31 January 2025

100,067

At 31 January 2024

122,464

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1 February 2024

and 31 January 2025

94,413

DEPRECIATION

At 1 February 2024

13,864

Charge for year

16,110

At 31 January 2025

29,974

NET BOOK VALUE

At 31 January 2025

64,439

At 31 January 2024

80,549

6.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2025

2024

£

£

Net obligations repayable:

Within one year

9,198

9,198

Between one and five years

64,941

74,139

74,139

83,337

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at 31 January 2025, the company had loaned the director £34,000 (2024 - £34,000). This was the maximum amount owed to the company during the year and it is repayable upon demand. No interest has been charged on the loan.