Acorah Software Products - Accounts Production 15.0.600 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 12108951 Mr R North Mrs S North Mrs S North iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12108951 2023-07-31 12108951 2024-07-31 12108951 2023-08-01 2024-07-31 12108951 frs-core:CurrentFinancialInstruments 2024-07-31 12108951 frs-core:Non-currentFinancialInstruments 2024-07-31 12108951 frs-core:BetweenOneFiveYears 2024-07-31 12108951 frs-core:ComputerEquipment 2024-07-31 12108951 frs-core:ComputerEquipment 2023-08-01 2024-07-31 12108951 frs-core:ComputerEquipment 2023-07-31 12108951 frs-core:MotorVehicles 2024-07-31 12108951 frs-core:MotorVehicles 2023-08-01 2024-07-31 12108951 frs-core:MotorVehicles 2023-07-31 12108951 frs-core:PlantMachinery 2024-07-31 12108951 frs-core:PlantMachinery 2023-08-01 2024-07-31 12108951 frs-core:PlantMachinery 2023-07-31 12108951 frs-core:WithinOneYear 2024-07-31 12108951 frs-core:ShareCapital 2024-07-31 12108951 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 12108951 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12108951 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 12108951 frs-bus:SmallEntities 2023-08-01 2024-07-31 12108951 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 12108951 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 12108951 frs-bus:Director1 2023-08-01 2024-07-31 12108951 frs-bus:Director2 2023-08-01 2024-07-31 12108951 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 12108951 frs-countries:EnglandWales 2023-08-01 2024-07-31 12108951 2022-07-31 12108951 2023-07-31 12108951 2022-08-01 2023-07-31 12108951 frs-core:CurrentFinancialInstruments 2023-07-31 12108951 frs-core:Non-currentFinancialInstruments 2023-07-31 12108951 frs-core:BetweenOneFiveYears 2023-07-31 12108951 frs-core:MotorVehicles 2022-08-01 2023-07-31 12108951 frs-core:WithinOneYear 2023-07-31 12108951 frs-core:ShareCapital 2023-07-31 12108951 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 12108951
Star Fostering Ltd
Financial Statements
For The Year Ended 31 July 2024
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12108951
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 87,467 110,507
87,467 110,507
CURRENT ASSETS
Debtors 5 168,232 159,417
Cash at bank and in hand 118,955 29,870
287,187 189,287
Creditors: Amounts Falling Due Within One Year 6 (211,722 ) (116,921 )
NET CURRENT ASSETS (LIABILITIES) 75,465 72,366
TOTAL ASSETS LESS CURRENT LIABILITIES 162,932 182,873
Creditors: Amounts Falling Due After More Than One Year 7 (39,082 ) (89,422 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (21,291 ) (26,925 )
NET ASSETS 102,559 66,526
CAPITAL AND RESERVES
Called up share capital 9 100 2
Profit and Loss Account 102,459 66,524
SHAREHOLDERS' FUNDS 102,559 66,526
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Page 2
For the year ending 31 July 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
Mrs S North
Director
23 September 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Star Fostering Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12108951 . The registered office is Unit 2b, Suite 2c East Bridgford Business Park, Kneeton Road, Nottingham, NG13 8PJ.
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 the total amount of money a company makes by way of services. It is calculated by taking the fair value of the money that the company has received or expects to receive, minus any discounts or taxes that have been applied. Turnover includes revenue from the rendering of services. It is reduced for any estimated customer returns, rebates, or other allowances that the company expects to give to customers.
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:
Plant & Machinery 20% on cost
Motor Vehicles 20% on cost
Computer Equipment 25% on cost
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2023: 10)
10 10
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 August 2023 7,487 146,640 7,485 161,612
Additions 5,430 4,700 1,761 11,891
As at 31 July 2024 12,917 151,340 9,246 173,503
Depreciation
As at 1 August 2023 4,240 42,627 4,238 51,105
Provided during the period 2,583 30,268 2,080 34,931
As at 31 July 2024 6,823 72,895 6,318 86,036
Net Book Value
As at 31 July 2024 6,094 78,445 2,928 87,467
As at 1 August 2023 3,247 104,013 3,247 110,507
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2024 2023
£ £
Motor Vehicles 74,685 104,013
74,685 104,013
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 163,724 155,589
Other debtors 4,508 3,828
168,232 159,417
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 50,340 22,560
Trade creditors - 34
Other creditors 89,898 70,383
Taxation and social security 71,484 23,944
211,722 116,921
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 39,082 89,422
39,082 89,422
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8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 50,340 22,560
Later than one year and not later than five years 39,082 89,422
89,422 111,982
89,422 111,982
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 2
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