Acorah Software Products - Accounts Production 16.3.350 false true true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 13591062 Mr F M Iqbal iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13591062 2023-08-31 13591062 2024-08-31 13591062 2023-09-01 2024-08-31 13591062 frs-core:CurrentFinancialInstruments 2024-08-31 13591062 frs-core:ComputerEquipment 2024-08-31 13591062 frs-core:ComputerEquipment 2023-09-01 2024-08-31 13591062 frs-core:ComputerEquipment 2023-08-31 13591062 frs-core:PlantMachinery 2024-08-31 13591062 frs-core:PlantMachinery 2023-09-01 2024-08-31 13591062 frs-core:PlantMachinery 2023-08-31 13591062 frs-core:ShareCapital 2024-08-31 13591062 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 13591062 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 13591062 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 13591062 frs-bus:SmallEntities 2023-09-01 2024-08-31 13591062 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 13591062 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 13591062 frs-bus:Director1 2023-09-01 2024-08-31 13591062 frs-countries:EnglandWales 2023-09-01 2024-08-31 13591062 2022-08-31 13591062 2023-08-31 13591062 2022-09-01 2023-08-31 13591062 frs-core:CurrentFinancialInstruments 2023-08-31 13591062 frs-core:ShareCapital 2023-08-31 13591062 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 13591062
Stellar Investors Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: 13591062
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,599 585
4,599 585
CURRENT ASSETS
Debtors 5 10,888 16,242
Cash at bank and in hand 24,305 7,592
35,193 23,834
Creditors: Amounts Falling Due Within One Year 6 (39,347 ) (21,400 )
NET CURRENT ASSETS (LIABILITIES) (4,154 ) 2,434
TOTAL ASSETS LESS CURRENT LIABILITIES 445 3,019
NET ASSETS 445 3,019
CAPITAL AND RESERVES
Called up share capital 1 1
Income Statement 444 3,018
SHAREHOLDERS' FUNDS 445 3,019
For the year ending 31 August 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 Income Statement.
On behalf of the board
Mr F M Iqbal
Director
21/05/2025
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
Stellar Investors Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13591062 . The registered office is Office M-05, Millharbour Court, 6 Watergate Walk, London, E14 9XH.
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. Going Concern Disclosure
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements
2.3. Turnover
Revenue is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs.  Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant & Machinery 25% straight line
Computer Equipment 25% straight line
2.5. Taxation
The tax expense represents the sum of the tax currently payable.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 2)
1 2
Page 2
Page 3
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 September 2023 - 968 968
Additions 5,306 - 5,306
As at 31 August 2024 5,306 968 6,274
Depreciation
As at 1 September 2023 - 383 383
Provided during the period 1,050 242 1,292
As at 31 August 2024 1,050 625 1,675
Net Book Value
As at 31 August 2024 4,256 343 4,599
As at 1 September 2023 - 585 585
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,496 2,442
Other debtors 7,392 13,800
10,888 16,242
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 5,198 -
Other creditors - 799
Taxation and social security 34,149 20,601
39,347 21,400
7. Related Party Transactions
Included in other debtors is an amount of £1,342 due from the director during the year, which was fully repaid within nine months of the year end.
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