Acorah Software Products - Accounts Production 16.1.200 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 12759356 Mr Balthazar Fabricius Mr Sean O'Toole Mr Paul Ready iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12759356 2023-07-31 12759356 2024-07-31 12759356 2023-08-01 2024-07-31 12759356 frs-core:CurrentFinancialInstruments 2024-07-31 12759356 frs-core:ComputerEquipment 2024-07-31 12759356 frs-core:ComputerEquipment 2023-08-01 2024-07-31 12759356 frs-core:ComputerEquipment 2023-07-31 12759356 frs-core:SharePremium 2024-07-31 12759356 frs-core:ShareCapital 2024-07-31 12759356 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 12759356 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12759356 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 12759356 frs-bus:SmallEntities 2023-08-01 2024-07-31 12759356 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 12759356 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 12759356 frs-bus:Director1 2023-08-01 2024-07-31 12759356 frs-bus:Director2 2023-08-01 2024-07-31 12759356 frs-bus:Director3 2023-08-01 2024-07-31 12759356 frs-countries:EnglandWales 2023-08-01 2024-07-31 12759356 2022-07-31 12759356 2023-07-31 12759356 2022-08-01 2023-07-31 12759356 frs-core:CurrentFinancialInstruments 2023-07-31 12759356 frs-core:SharePremium 2023-07-31 12759356 frs-core:ShareCapital 2023-07-31 12759356 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 12759356
STN Sports Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12759356
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 749 1,118
749 1,118
CURRENT ASSETS
Debtors 5 47,823 11,175
Cash at bank and in hand 17,386 25,027
65,209 36,202
Creditors: Amounts Falling Due Within One Year 6 (31,684 ) (12,843 )
NET CURRENT ASSETS (LIABILITIES) 33,525 23,359
TOTAL ASSETS LESS CURRENT LIABILITIES 34,274 24,477
NET ASSETS 34,274 24,477
CAPITAL AND RESERVES
Called up share capital 7 800 800
Share premium account 174,200 174,200
Profit and Loss Account (140,726 ) (150,523 )
SHAREHOLDERS' FUNDS 34,274 24,477
Page 1
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
Mr Sean O'Toole
Director
6 January 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
STN Sports Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12759356 . The registered office is Unit 105 Mare Street Studios, 203-213 Mare Street, London, E8 3JS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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 and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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. This is usually at the point that the customer has signed for the delivery of the goods.
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% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 1)
2 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 August 2023 2,827
As at 31 July 2024 2,827
Depreciation
As at 1 August 2023 1,709
Provided during the period 369
As at 31 July 2024 2,078
Net Book Value
As at 31 July 2024 749
As at 1 August 2023 1,118
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 37,823 -
Other debtors 10,000 11,175
47,823 11,175
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other taxes and social security 2,903 1,115
VAT 5,990 2,942
Other creditors 4,000 292
Accruals and deferred income 8,537 1,500
Directors' loan accounts 10,254 6,994
31,684 12,843
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 800 800
Page 4