Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 11880786 Mr Robin Jackson Mr David Pickburn Mrs Rachel Westerman Mr Paul Rufus Mr Shahid Latif Mr Andrew Forsyth Mr Michael Henderson Mr Peter Samways Mrs Michelle Perkins iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11880786 2023-09-30 11880786 2024-09-30 11880786 2023-10-01 2024-09-30 11880786 frs-core:CurrentFinancialInstruments 2024-09-30 11880786 frs-core:Non-currentFinancialInstruments 2024-09-30 11880786 frs-core:ComputerEquipment 2024-09-30 11880786 frs-core:ComputerEquipment 2023-10-01 2024-09-30 11880786 frs-core:ComputerEquipment 2023-09-30 11880786 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-09-30 11880786 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-10-01 2024-09-30 11880786 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-09-30 11880786 frs-core:MotorVehicles 2024-09-30 11880786 frs-core:MotorVehicles 2023-10-01 2024-09-30 11880786 frs-core:MotorVehicles 2023-09-30 11880786 frs-core:PlantMachinery 2024-09-30 11880786 frs-core:PlantMachinery 2023-10-01 2024-09-30 11880786 frs-core:PlantMachinery 2023-09-30 11880786 frs-core:ShareCapital 2024-09-30 11880786 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 11880786 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11880786 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 11880786 frs-bus:SmallEntities 2023-10-01 2024-09-30 11880786 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 11880786 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 11880786 frs-bus:Director1 2023-10-01 2024-09-30 11880786 frs-bus:Director2 2023-10-01 2024-09-30 11880786 frs-bus:Director3 2023-10-01 2024-09-30 11880786 frs-bus:Director4 2023-10-01 2024-09-30 11880786 frs-bus:Director5 2023-10-01 2024-09-30 11880786 frs-bus:Director6 2023-10-01 2024-09-30 11880786 frs-bus:Director7 2023-10-01 2024-09-30 11880786 frs-bus:Director8 2023-10-01 2024-09-30 11880786 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 11880786 frs-core:CurrentFinancialInstruments 2 2024-09-30 11880786 frs-core:CurrentFinancialInstruments 3 2024-09-30 11880786 frs-countries:EnglandWales 2023-10-01 2024-09-30 11880786 2022-09-30 11880786 2023-09-30 11880786 2022-10-01 2023-09-30 11880786 frs-core:CurrentFinancialInstruments 2023-09-30 11880786 frs-core:Non-currentFinancialInstruments 2023-09-30 11880786 frs-core:WithinOneYear 2023-09-30 11880786 frs-core:ShareCapital 2023-09-30 11880786 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 11880786 frs-core:CurrentFinancialInstruments 2 2023-09-30 11880786 frs-core:CurrentFinancialInstruments 3 2023-09-30
Registered number: 11880786
StreamTech Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—5
Page 1
Balance Sheet
Registered number: 11880786
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 20,546 45,499
20,546 45,499
CURRENT ASSETS
Debtors 6 216,156 151,879
Cash at bank and in hand 135,972 219,512
352,128 371,391
Creditors: Amounts Falling Due Within One Year 7 (222,824 ) (182,544 )
NET CURRENT ASSETS (LIABILITIES) 129,304 188,847
TOTAL ASSETS LESS CURRENT LIABILITIES 149,850 234,346
Creditors: Amounts Falling Due After More Than One Year 8 (242,500 ) (327,500 )
NET LIABILITIES (92,650 ) (93,154 )
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account (92,750 ) (93,254 )
SHAREHOLDERS' FUNDS (92,650) (93,154)
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 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 Michael Henderson
Director
05/06/2025
The notes on pages 2 to 5 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
StreamTech Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11880786 . The registered office is 4-6 Kerry Hill, Horsforth, Leeds, LS18 4AY.
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. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets are amortised over their estimated economic life of 3 years.
2.4. 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 50% straight line
Motor Vehicles 50% straight line
Computer Equipment 33.33% straight line
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. 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.
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2.7. 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.
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: 25 (2023: 24)
25 24
4. Intangible Assets
Intellectual Property
£
Cost
As at 1 October 2023 10,000
As at 30 September 2024 10,000
Amortisation
As at 1 October 2023 10,000
As at 30 September 2024 10,000
Net Book Value
As at 30 September 2024 -
As at 1 October 2023 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 October 2023 4,568 957 126,030 131,555
Additions 4,779 942 7,589 13,310
As at 30 September 2024 9,347 1,899 133,619 144,865
...CONTINUED
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Page 4
Depreciation
As at 1 October 2023 2,862 695 82,499 86,056
Provided during the period 2,304 471 35,488 38,263
As at 30 September 2024 5,166 1,166 117,987 124,319
Net Book Value
As at 30 September 2024 4,181 733 15,632 20,546
As at 1 October 2023 1,706 262 43,531 45,499
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 159,266 100,837
Prepayments and accrued income 35,779 28,955
195,045 129,792
Due after more than one year
Deferred tax current asset 21,111 22,087
216,156 151,879
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 16,782
Trade creditors 45,047 63,616
Corporation tax - (26,127 )
Other taxes and social security 23,344 20,592
VAT 58,997 45,728
Pension 6,024 5,218
Credit card 26 82
Accruals and deferred income 89,386 56,653
222,824 182,544
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 17,500 27,500
Amounts owed to related parties 225,000 300,000
242,500 327,500
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 16,782
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10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5