Acorah Software Products - Accounts Production 16.2.850 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 07717403 Mr Sean Aldred iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07717403 2023-07-31 07717403 2024-07-31 07717403 2023-08-01 2024-07-31 07717403 frs-core:CurrentFinancialInstruments 2024-07-31 07717403 frs-core:MotorVehicles 2024-07-31 07717403 frs-core:MotorVehicles 2023-08-01 2024-07-31 07717403 frs-core:MotorVehicles 2023-07-31 07717403 frs-core:PlantMachinery 2024-07-31 07717403 frs-core:PlantMachinery 2023-08-01 2024-07-31 07717403 frs-core:PlantMachinery 2023-07-31 07717403 frs-core:ShareCapital 2024-07-31 07717403 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 07717403 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 07717403 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 07717403 frs-bus:SmallEntities 2023-08-01 2024-07-31 07717403 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 07717403 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 07717403 frs-bus:Director1 2023-08-01 2024-07-31 07717403 1 2023-08-01 2024-07-31 07717403 frs-countries:EnglandWales 2023-08-01 2024-07-31 07717403 2022-07-31 07717403 2023-07-31 07717403 2022-08-01 2023-07-31 07717403 frs-core:CurrentFinancialInstruments 2023-07-31 07717403 frs-core:ShareCapital 2023-07-31 07717403 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 07717403 1 2022-08-01 2023-07-31
Registered number: 07717403
STA Distribution Ltd
Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 07717403
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,392 15,229
11,392 15,229
CURRENT ASSETS
Debtors 5 8,683 19,107
Cash at bank and in hand 72,174 42,662
80,857 61,769
Creditors: Amounts Falling Due Within One Year 6 (36,878 ) (20,247 )
NET CURRENT ASSETS (LIABILITIES) 43,979 41,522
TOTAL ASSETS LESS CURRENT LIABILITIES 55,371 56,751
NET ASSETS 55,371 56,751
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 55,271 56,651
SHAREHOLDERS' FUNDS 55,371 56,751
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 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 Sean Aldred
Director
2 May 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
STA Distribution Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07717403 . The registered office is 62 Langdale Road, Hinckley, Leicestershire, LE10 0NS.
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 and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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 25% reducing balance
Motor Vehicles 25% reducing balance
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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. 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. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
1 1
1 1
Page 2
Page 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 August 2023 26,298 22,804 49,102
Disposals (1,250 ) - (1,250 )
As at 31 July 2024 25,048 22,804 47,852
Depreciation
As at 1 August 2023 13,304 20,569 33,873
Provided during the period 3,239 559 3,798
Disposals (1,211 ) - (1,211 )
As at 31 July 2024 15,332 21,128 36,460
Net Book Value
As at 31 July 2024 9,716 1,676 11,392
As at 1 August 2023 12,994 2,235 15,229
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,326 17,325
Other debtors 5,357 1,782
8,683 19,107
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 9,345 11,019
Other taxes and social security 380 -
Director's loan account 27,153 9,228
36,878 20,247
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3