Acorah Software Products - Accounts Production 16.0.110 true true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 03858049 Mr Richard Williams Mr Fergus Ryan Mr Alex Woodford iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03858049 2023-05-31 03858049 2024-05-31 03858049 2023-06-01 2024-05-31 03858049 frs-core:CurrentFinancialInstruments 2024-05-31 03858049 frs-core:ShareCapital 2024-05-31 03858049 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 03858049 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 03858049 frs-bus:AbridgedAccounts 2023-06-01 2024-05-31 03858049 frs-bus:SmallEntities 2023-06-01 2024-05-31 03858049 frs-bus:EntityNoLongerTradingButTradedInPast 2023-06-01 2024-05-31 03858049 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 03858049 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 03858049 frs-bus:Director1 2023-06-01 2024-05-31 03858049 frs-bus:Director2 2023-06-01 2024-05-31 03858049 frs-bus:Director3 2023-06-01 2024-05-31 03858049 frs-countries:EnglandWales 2023-06-01 2024-05-31 03858049 2022-05-31 03858049 2023-05-31 03858049 2022-06-01 2023-05-31 03858049 frs-core:CurrentFinancialInstruments 2023-05-31 03858049 frs-core:ShareCapital 2023-05-31 03858049 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Starnes PLC
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1
Notes to the Abridged Financial Statements 2
Page 1
Balance Sheet
Registered number: 03858049
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 329,598 254,598
Cash at bank and in hand 493,222 145
822,820 254,743
Creditors: Amounts Falling Due Within One Year 5 (765,416 ) (197,339 )
NET CURRENT ASSETS (LIABILITIES) 57,404 57,404
TOTAL ASSETS LESS CURRENT LIABILITIES 57,404 57,404
NET ASSETS 57,404 57,404
CAPITAL AND RESERVES
Called up share capital 6 50,000 50,000
Profit and Loss Account 7,404 7,404
SHAREHOLDERS' FUNDS 57,404 57,404
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account for the year end 31 May 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Richard Williams
Director
07/11/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Abridged Financial Statements
1. General Information
Starnes PLC Registered number 03858049 is a limited by shares company incorporated in England & Wales. The Registered Office is 1, Lonsdale Gardens, Tunbridge Wells, Kent, TN1 1NU.
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.
3. Average Number of Employees
Average number of employees, excluding directors, during the year was: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Other debtors 329,598 254,598
The company is related to Starnes Developments group of companies due to common directorships.
During the year the company continued to provide financial support to the group by way of inter company fund transfers.
At the balance sheet date the net amount due from the group was £292,098 (2023: £217,598).
These balances are included in other debtors.
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 765,416 197,339
The company is related to Starnes Developments group of companies due to common directorships.
During the year the company continued to provide financial support to the group by way of inter company fund transfers.
At the balance sheet date the net amount due to the group was £529,412 (2023: £198,115)
These balances are included in other creditors.
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 50,000 50,000
Page 2