Acorah Software Products - Accounts Production 16.1.200 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 07778289 Miss Sam Best iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07778289 2023-09-30 07778289 2024-09-30 07778289 2023-10-01 2024-09-30 07778289 frs-core:CurrentFinancialInstruments 2024-09-30 07778289 frs-core:Non-currentFinancialInstruments 2024-09-30 07778289 frs-core:ComputerEquipment 2024-09-30 07778289 frs-core:ComputerEquipment 2023-10-01 2024-09-30 07778289 frs-core:ComputerEquipment 2023-09-30 07778289 frs-core:FurnitureFittings 2024-09-30 07778289 frs-core:FurnitureFittings 2023-10-01 2024-09-30 07778289 frs-core:FurnitureFittings 2023-09-30 07778289 frs-core:InvestmentPropertyIncludedWithinPPE 2024-09-30 07778289 frs-core:InvestmentPropertyIncludedWithinPPE 2023-10-01 2024-09-30 07778289 frs-core:InvestmentPropertyIncludedWithinPPE 2023-09-30 07778289 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 07778289 frs-core:MotorVehicles 2024-09-30 07778289 frs-core:MotorVehicles 2023-10-01 2024-09-30 07778289 frs-core:MotorVehicles 2023-09-30 07778289 frs-core:PlantMachinery 2024-09-30 07778289 frs-core:PlantMachinery 2023-10-01 2024-09-30 07778289 frs-core:PlantMachinery 2023-09-30 07778289 frs-core:ShareCapital 2024-09-30 07778289 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 07778289 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 07778289 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 07778289 frs-bus:SmallEntities 2023-10-01 2024-09-30 07778289 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 07778289 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 07778289 frs-bus:Director1 2023-10-01 2024-09-30 07778289 frs-countries:EnglandWales 2023-10-01 2024-09-30 07778289 2022-09-30 07778289 2023-09-30 07778289 2022-10-01 2023-09-30 07778289 frs-core:CurrentFinancialInstruments 2023-09-30 07778289 frs-core:Non-currentFinancialInstruments 2023-09-30 07778289 frs-core:ShareCapital 2023-09-30 07778289 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 07778289
STB Management Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07778289
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 130,822 92,460
130,822 92,460
CURRENT ASSETS
Debtors 5 37,488 63,262
Cash at bank and in hand 19,133 25,235
56,621 88,497
Creditors: Amounts Falling Due Within One Year 6 (32,766 ) (50,266 )
NET CURRENT ASSETS (LIABILITIES) 23,855 38,231
TOTAL ASSETS LESS CURRENT LIABILITIES 154,677 130,691
Creditors: Amounts Falling Due After More Than One Year 7 (43,649 ) (22,528 )
NET ASSETS 111,028 108,163
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 111,026 108,161
SHAREHOLDERS' FUNDS 111,028 108,163
Page 1
Page 2
For the year ending 30 September 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 her 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
Miss Sam Best
Director
19/11/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
STB Management Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07778289 . The registered office is 1 Oak Tree Cottages, Hargham Road, Shropham, Norfolk, NR17 1DS.
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.
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:
Freehold 20% SL
Plant & Machinery 20% SL
Motor Vehicles 15% RB
Fixtures & Fittings 20% SL
Computer Equipment 20% SL
2.4. 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.
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 year 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 asset reflects 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.
...CONTINUED
Page 3
Page 4
2.5. Taxation - continued
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: 3 (2023: 3)
3 3
4. Tangible Assets
Investment Properties Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 October 2023 4,157 3,550 161,272 860
Additions 1,432 - 55,697 -
As at 30 September 2024 5,589 3,550 216,969 860
Depreciation
As at 1 October 2023 1,669 3,671 75,102 860
Provided during the period 1,118 - 21,099 -
As at 30 September 2024 2,787 3,671 96,201 860
Net Book Value
As at 30 September 2024 2,802 (121 ) 120,768 -
As at 1 October 2023 2,488 (121 ) 86,170 -
Computer Equipment Total
£ £
Cost
As at 1 October 2023 11,992 181,831
Additions 5,025 62,154
As at 30 September 2024 17,017 243,985
Depreciation
As at 1 October 2023 8,069 89,371
Provided during the period 1,575 23,792
As at 30 September 2024 9,644 113,163
Net Book Value
As at 30 September 2024 7,373 130,822
As at 1 October 2023 3,923 92,460
Page 4
Page 5
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 34,604 47,666
Prepayments and accrued income (765 ) (765 )
R & K Loan 3,649 3,649
Pension scheme prepayments - (379 )
Net wages - 4,732
Director's loan account - 8,359
37,488 63,262
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 1
Bank loans and overdrafts 10,856 9,290
Other loans 2,085 -
Corporation tax - 9,139
Other taxes and social security 2,080 13,999
VAT 525 9,829
HP Creditor 15,938 8,008
Director's loan account 1,281 -
32,766 50,266
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 17,579 18,667
HP Creditor > 1 year 26,070 3,861
43,649 22,528
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 5