Acorah Software Products - Accounts Production 15.0.600 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 10220560 Mr James Steggles Ms Denise Drake Mr James Steggles iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10220560 2023-06-30 10220560 2024-06-30 10220560 2023-07-01 2024-06-30 10220560 frs-core:CurrentFinancialInstruments 2024-06-30 10220560 frs-core:Non-currentFinancialInstruments 2024-06-30 10220560 frs-core:ComputerEquipment 2024-06-30 10220560 frs-core:ComputerEquipment 2023-07-01 2024-06-30 10220560 frs-core:ComputerEquipment 2023-06-30 10220560 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 10220560 frs-core:PlantMachinery 2024-06-30 10220560 frs-core:PlantMachinery 2023-07-01 2024-06-30 10220560 frs-core:PlantMachinery 2023-06-30 10220560 frs-core:ShareCapital 2024-06-30 10220560 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 10220560 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10220560 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 10220560 frs-bus:SmallEntities 2023-07-01 2024-06-30 10220560 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 10220560 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 10220560 frs-bus:Director1 2023-07-01 2024-06-30 10220560 frs-bus:Director2 2023-07-01 2024-06-30 10220560 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 10220560 frs-countries:EnglandWales 2023-07-01 2024-06-30 10220560 2022-06-30 10220560 2023-06-30 10220560 2022-07-01 2023-06-30 10220560 frs-core:CurrentFinancialInstruments 2023-06-30 10220560 frs-core:Non-currentFinancialInstruments 2023-06-30 10220560 frs-core:ShareCapital 2023-06-30 10220560 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 10220560
Stackyard Estates Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 10220560
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,332 -
1,332 -
CURRENT ASSETS
Stocks 5 530,000 530,000
Debtors 6 6,920 9,335
Investments 7 1,400 1,400
538,320 540,735
Creditors: Amounts Falling Due Within One Year 8 (122,025 ) (120,163 )
NET CURRENT ASSETS (LIABILITIES) 416,295 420,572
TOTAL ASSETS LESS CURRENT LIABILITIES 417,627 420,572
Creditors: Amounts Falling Due After More Than One Year 9 (350,000 ) (360,417 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4 ) (4 )
NET ASSETS 67,623 60,151
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 67,523 60,051
SHAREHOLDERS' FUNDS 67,623 60,151
Page 1
Page 2
For the year ending 30 June 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 James Steggles
Director
08/01/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Stackyard Estates Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10220560 . The registered office is Michaelmas House, Berghapton Road, Alpington, Norwich, NR14 7PG.
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. 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:
Freehold No depreciation charged on land and buildings
Plant & Machinery 35% Straight Line
Computer Equipment 30% Straight Line
The depreciation policy has been amended in the year to more accurately reflect the depreciating value of the assets.
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
Page 3
Page 4
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: NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 July 2023 599 416 1,015
Additions - 1,598 1,598
As at 30 June 2024 599 2,014 2,613
Depreciation
As at 1 July 2023 599 416 1,015
Provided during the period - 266 266
As at 30 June 2024 599 682 1,281
...CONTINUED
Page 4
Page 5
Net Book Value
As at 30 June 2024 - 1,332 1,332
As at 1 July 2023 - - -
5. Stocks
2024 2023
£ £
Finished goods 530,000 530,000
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4,263 6,778
Other debtors 2,657 2,557
6,920 9,335
7. Current Asset Investments
2024 2023
£ £
Unlisted investments 1,400 1,400
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,160 3,189
Bank loans and overdrafts 30,585 29,234
Other creditors 80,623 82,740
Taxation and social security 7,657 5,000
122,025 120,163
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 350,000 360,417
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5
Page 6
11. Related Party Transactions
Flint Environmental Services LimitedOwnership in commonIncluded in other debtors are amounts owed of £2,557 (2023: £2,557)

Flint Environmental Services Limited

Ownership in common

Included in other debtors are amounts owed of £2,557 (2023: £2,557)

Page 6