Acorah Software Products - Accounts Production 16.5.460 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 13215016 Mr Wolfgang Bohmer Mr Maciej Wierzbicki iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13215016 2024-02-29 13215016 2025-02-28 13215016 2024-03-01 2025-02-28 13215016 frs-core:CurrentFinancialInstruments 2025-02-28 13215016 frs-core:ComputerEquipment 2025-02-28 13215016 frs-core:ComputerEquipment 2024-03-01 2025-02-28 13215016 frs-core:ComputerEquipment 2024-02-29 13215016 frs-core:FurnitureFittings 2024-03-01 2025-02-28 13215016 frs-core:ShareCapital 2025-02-28 13215016 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 13215016 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 13215016 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 13215016 frs-bus:SmallEntities 2024-03-01 2025-02-28 13215016 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 13215016 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 13215016 frs-bus:Director1 2024-03-01 2025-02-28 13215016 frs-bus:Director2 2024-03-01 2025-02-28 13215016 frs-countries:EnglandWales 2024-03-01 2025-02-28 13215016 2023-02-28 13215016 2024-02-29 13215016 2023-03-01 2024-02-29 13215016 frs-core:CurrentFinancialInstruments 2024-02-29 13215016 frs-core:ShareCapital 2024-02-29 13215016 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 13215016
Lightnet Group Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2025
Back Office Support Solutions Ltd
Unit 326 Canalot Studios
222 Kensal Road
London
W10 5BN
Lightnet Group Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—3

Page 1
Lightnet Group Ltd
Balance Sheet
As At 28 February 2025
Balance Sheet
Registered number: 13215016

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 516 |  | 1,263
|  |  | 516 |  | 1,263
CURRENT ASSETS
Debtors | 5 | 217,703 |  | 166,105 |
Cash at bank and in hand |  | 184,288 |  | 301,006 |
|  | 401,991 |  | 467,111 |
Creditors: Amounts Falling Due Within One Year | 6 | (337,866 ) |  | (301,864 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 64,125 |  | 165,247
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 64,641 |  | 166,510
NET ASSETS |  |  | 64,641 |  | 166,510
CAPITAL AND RESERVES
Called up share capital |  |  | 1 |  | 1
Profit and Loss Account |  |  | 64,640 |  | 166,509
SHAREHOLDERS' FUNDS |  |  | 64,641 |  | 166,510

For the year ending 28 February 2025 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 Wolfgang Bohmer Director
14th November 2025

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Lightnet Group Ltd
Notes to the Financial Statements
For The Year Ended 28 February 2025
Notes to the Financial Statements
1. General Information
Lightnet Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13215016 . The registered office is Unit 326 Canalot Studios, 222 Kensal Road, London, W10 5BN.
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.
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.
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 | 3 Years Straight Line
Computer Equipment | 4 Years Straight Line

2.4. 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.
2.5. 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.
2.6. 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.
Page 2
Page 3
Lightnet Group Ltd
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 3)
2 3
4. Tangible Assets

| Computer Equipment
--- | ---
| £
Cost
As at 1 March 2024 | 3,385
As at 28 February 2025 | 3,385
Depreciation
As at 1 March 2024 | 2,122
Provided during the period | 747
As at 28 February 2025 | 2,869
Net Book Value
As at 28 February 2025 | 516
As at 1 March 2024 | 1,263

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 217,702 |  | 164,883
Other debtors | 1 |  | 1,222
| 217,703 |  | 166,105

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 265,719 |  | 59,473
Amounts owed to group undertakings | 14,347 |  | 33,876
Other creditors | 258 |  | 104,603
Taxation and social security | 57,542 |  | 103,912
| 337,866 |  | 301,864

At the year end 28th February 2025, included in Trade creditors is a balance of £147,465 (2024: £50,415) owed to Lightnet Sp. The balance is unsecured and repayable on demand.
7. Related Party Transactions
The company operates a loan account with Lightnet GMBH, a German company, in which there is common ownership. At year end, amount owed by the company was £14,346.95 (2024: £13,875)
The company also operates a loan account with Lightnet Sp. z o.o., a Polish company, in which there is common ownership. At year end, amount owed by the company was NIL (2024: £20,000)
During the year the company recieved goods from Lightnet Sp. z o.o. of £1,120,852 (2024: £879,606). At the end of the period, the amount included within Creditors is £147,465 (2024: £50,415).
Page 3