Searchstone Ltd

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

Registered number: 13937057

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		646		1,808

			646		1,808
CURRENT ASSETS
Debtors	5	52,845		43,176
Cash at bank and in hand		13,791		4,783

		66,636		47,959
Creditors: Amounts Falling Due Within One Year	6	(277,233 )		(140,398 )

NET CURRENT ASSETS (LIABILITIES)			(210,597 )		(92,439 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(209,951 )		(90,631 )

NET LIABILITIES			(209,951 )		(90,631 )

CAPITAL AND RESERVES
Called up share capital	7		10		10
Profit and Loss Account			(209,961 )		(90,641 )

SHAREHOLDERS' FUNDS			(209,951)		(90,631)

For the year ending 31 March 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 Gary Henn

Director

08/12/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Searchstone Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13937057 . The registered office is Bragborough Hall Business Centre Welton Road, Braunston, Daventry, NN11 7JG.

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 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:

Computer Equipment

33%

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 2)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 April 2024	3,486

As at 31 March 2025	3,486

Depreciation
As at 1 April 2024	1,678
Provided during the period	1,162

As at 31 March 2025	2,840

Net Book Value
As at 31 March 2025	646

As at 1 April 2024	1,808

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Searchstone Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	51,082	41,211
Prepayments and accrued income	1,173	1,192
Other debtors	590	491
Amounts owed by group undertakings	-	282

	52,845	43,176

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	25,969	23,499
Other taxes and social security	5,304	4,414
VAT	4,815	9,279
Other creditors	1,079	-
Accruals and deferred income	15,930	7,018
Amounts owed to group undertakings	224,136	96,188

	277,233	140,398

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	10	10

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