Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 13781563 Mrs S L Spear Mr G M Spear Mrs S L Spear true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13781563 2023-12-31 13781563 2024-12-31 13781563 2024-01-01 2024-12-31 13781563 frs-core:CurrentFinancialInstruments 2024-12-31 13781563 frs-core:ShareCapital 2024-12-31 13781563 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13781563 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13781563 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 13781563 frs-bus:SmallEntities 2024-01-01 2024-12-31 13781563 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13781563 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13781563 1 2024-01-01 2024-12-31 13781563 frs-bus:Director1 2024-01-01 2024-12-31 13781563 frs-bus:Director2 2024-01-01 2024-12-31 13781563 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 13781563 frs-countries:EnglandWales 2024-01-01 2024-12-31 13781563 2022-12-31 13781563 2023-12-31 13781563 2023-01-01 2023-12-31 13781563 frs-core:CurrentFinancialInstruments 2023-12-31 13781563 frs-core:ShareCapital 2023-12-31 13781563 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 13781563
Sirius Star Property Limited
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13781563
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 450,697 450,697
450,697 450,697
CURRENT ASSETS
Debtors 5 2,920 1,690
Cash at bank and in hand 36,276 29,556
39,196 31,246
Creditors: Amounts Falling Due Within One Year 6 (497,356 ) (503,184 )
NET CURRENT ASSETS (LIABILITIES) (458,160 ) (471,938 )
TOTAL ASSETS LESS CURRENT LIABILITIES (7,463 ) (21,241 )
NET LIABILITIES (7,463 ) (21,241 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (7,563 ) (21,341 )
SHAREHOLDERS' FUNDS (7,463) (21,241)
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For the year ending 31 December 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
Mrs S L Spear
Director
Mr G M Spear
Director
22 September 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Sirius Star Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13781563 . The registered office is Yew Tree House, Lewes Road, Forest Row, East Sussex, RH18 5AA.
The company's principal activity continues to be that of property rental.
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.
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. 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.
2.4. Cash and Cash Equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
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 years 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.
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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Investment Property
2024
£
Fair Value
As at 1 January 2024 and 31 December 2024 450,697
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,920 1,690
Amounts owed by participating interests 1,000 -
2,920 1,690
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Amounts owed to participating interests - 1,000
Other creditors 497,108 502,184
Taxation and social security 248 -
497,356 503,184
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Financial Instruments
The company has the following financial instruments:
2024 2023
£ £
Financial assets
Financial assets measured at fair value through profit and loss 39,196 29,556
Financial liabilities
Financial liabilities measured at fair value through profit and loss 495,881 500,039
Financial assets measured at fair value through profit or loss comprise of cash at bank and in hand.
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9. Directors Advances, Credits and Guarantees
Included in other creditors due within one year are loans from the directors, Mr G M Spear and Mrs S L Spear amounting to £(495,634) (2023 - £(499,039)).
10. Related Party Disclosures
The directors G M Spear and S L Spear are also directors of Dog Star Property Ltd, a UK registered company.
At the end of the year there was an outstanding amount of £1,000 (2023 - £NIL) due from Dog Star Property Ltd. This amount is included in other debtors.
At the end of the year there was an outstanding amount of £NIL (2023 - £1,000) due to Feral Peacock Ltd. This amount is included in other creditors.
11. Controlling Parties
The Company was controlled throughout the current period by its directors, Mr G M Spear and Mrs S L
Spear, by virtue of the fact that between them they own all of the Company’s ordinary issued share capital.
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