Acorah Software Products - Accounts Production 16.1.300 false true 28 May 2023 29 May 2022 false 29 May 2023 28 May 2024 28 May 2024 10752934 Mr S Rees iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10752934 2023-05-28 10752934 2024-05-28 10752934 2023-05-29 2024-05-28 10752934 frs-core:CurrentFinancialInstruments 2024-05-28 10752934 frs-core:Non-currentFinancialInstruments 2024-05-28 10752934 frs-core:InvestmentPropertyIncludedWithinPPE 2024-05-28 10752934 frs-core:InvestmentPropertyIncludedWithinPPE 2023-05-28 10752934 frs-core:ShareCapital 2024-05-28 10752934 frs-core:RetainedEarningsAccumulatedLosses 2024-05-28 10752934 frs-bus:PrivateLimitedCompanyLtd 2023-05-29 2024-05-28 10752934 frs-bus:FilletedAccounts 2023-05-29 2024-05-28 10752934 frs-bus:SmallEntities 2023-05-29 2024-05-28 10752934 frs-bus:AuditExempt-NoAccountantsReport 2023-05-29 2024-05-28 10752934 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-29 2024-05-28 10752934 frs-bus:Director1 2023-05-29 2024-05-28 10752934 frs-countries:EnglandWales 2023-05-29 2024-05-28 10752934 2022-05-28 10752934 2023-05-28 10752934 2022-05-29 2023-05-28 10752934 frs-core:CurrentFinancialInstruments 2023-05-28 10752934 frs-core:Non-currentFinancialInstruments 2023-05-28 10752934 frs-core:ShareCapital 2023-05-28 10752934 frs-core:RetainedEarningsAccumulatedLosses 2023-05-28
Registered number: 10752934
Stark Properties Limited
Financial Statements
For The Year Ended 28 May 2024
Cursio & Co. Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10752934
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 80,818 80,818
80,818 80,818
CURRENT ASSETS
Debtors 5 9,698 9,698
Cash at bank and in hand 42 217
9,740 9,915
Creditors: Amounts Falling Due Within One Year 6 (70,211 ) (64,111 )
NET CURRENT ASSETS (LIABILITIES) (60,471 ) (54,196 )
TOTAL ASSETS LESS CURRENT LIABILITIES 20,347 26,622
Creditors: Amounts Falling Due After More Than One Year 7 (54,333 ) (54,333 )
NET LIABILITIES (33,986 ) (27,711 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (33,987 ) (27,712 )
SHAREHOLDERS' FUNDS (33,986) (27,711)
Page 1
Page 2
For the year ending 28 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 S Rees
Director
26 February 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
Stark Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10752934 . The registered office is 8 Axis Court Mallard Way, Riverside Business Park, Swansea, SA7 0AJ.
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. 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:
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Investment Properties
£
Cost
As at 29 May 2023 80,818
As at 28 May 2024 80,818
Net Book Value
As at 28 May 2024 80,818
As at 29 May 2023 80,818
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 9,698 9,698
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 4,000 4,000
Director's loan account 66,211 60,111
70,211 64,111
Page 3
Page 4
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 54,333 54,333
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4