Acorah Software Products - Accounts Production 16.5.460 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 14084352 Mr S G Genchev Mr S G Genchev true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14084352 2024-05-31 14084352 2025-05-31 14084352 2024-06-01 2025-05-31 14084352 frs-core:CurrentFinancialInstruments 2025-05-31 14084352 frs-core:Non-currentFinancialInstruments 2025-05-31 14084352 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-05-31 14084352 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-01 2025-05-31 14084352 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-31 14084352 frs-core:ShareCapital 2025-05-31 14084352 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 14084352 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 14084352 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 14084352 frs-bus:SmallEntities 2024-06-01 2025-05-31 14084352 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 14084352 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 14084352 frs-bus:OrdinaryShareClass1 2024-06-01 2025-05-31 14084352 frs-bus:OrdinaryShareClass1 2025-05-31 14084352 1 2024-06-01 2025-05-31 14084352 frs-bus:Director1 2024-06-01 2025-05-31 14084352 frs-countries:EnglandWales 2024-06-01 2025-05-31 14084352 2023-05-31 14084352 2024-05-31 14084352 2023-06-01 2024-05-31 14084352 frs-core:CurrentFinancialInstruments 2024-05-31 14084352 frs-core:Non-currentFinancialInstruments 2024-05-31 14084352 frs-core:ShareCapital 2024-05-31 14084352 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 14084352 frs-bus:OrdinaryShareClass1 2023-06-01 2024-05-31
Registered number: 14084352
Stef Homes Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2025
E Johnson & Associates Ltd
637 Green Lanes
London
N8 0RE
Stef Homes Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
Stef Homes Ltd
Balance Sheet
As At 31 May 2025
Balance Sheet
Registered number: 14084352

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 313,130 |  | 313,444
|  |  | 313,130 |  | 313,444
CURRENT ASSETS
Cash at bank and in hand |  | 1,026 |  | 4,369 |
|  | 1,026 |  | 4,369 |
Creditors: Amounts Falling Due Within One Year | 6 | (182,111 ) |  | (155,819 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (181,085 ) |  | (151,450 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 132,045 |  | 161,994
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (132,350 ) |  | (166,078 )
NET LIABILITIES |  |  | (305 ) |  | (4,084 )
CAPITAL AND RESERVES
Called up share capital | 8 |  | 100 |  | 100
Profit and Loss Account |  |  | (405 ) |  | (4,184 )
SHAREHOLDERS' FUNDS |  |  | (305) |  | (4,084)

Page 1
Page 2
Stef Homes Ltd
Balance Sheet (continued)
As At 31 May 2025
For the year ending 31 May 2025 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 S G Genchev Director
19th September 2025

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Stef Homes Ltd
Notes to the Financial Statements
For The Year Ended 31 May 2025
Notes to the Financial Statements
1. General Information
Stef Homes Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14084352 . The registered office is 2c Woolstone Road, London, SE23 2SG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared on the going concern basis. This assumed that the company will continue in operation existence for the foreseeable future.
At the balance sheet date, the company's liabilities for the period 1 June 2024 to 31 May 2025 exceed its assets. The director of the company has sought assurance from the creditors that their debts will not be called in within the next twelve months.
The director has been therefore deemed it approproate that the financial statements be prepared on the going concern basis.
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 | in accordance with the property

2.4. 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.
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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: NIL (2024: NIL)
- -
Page 3
Page 4
Stef Homes Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2025
4. Tangible Assets

| Land & Property
--- | ---
| Freehold
| £
Cost
As at 1 June 2024 | 313,758
As at 31 May 2025 | 313,758
Depreciation
As at 1 June 2024 | 314
Provided during the period | 314
As at 31 May 2025 | 628
Net Book Value
As at 31 May 2025 | 313,130
As at 1 June 2024 | 313,444

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | (1 ) |  | 180
Other loans | 11,527 |  | 11,527
Other creditors | 170,467 |  | 144,112
Taxation and social security | 118 |  | -
| 182,111 |  | 155,819

7. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other loans | 132,350 |  | 166,078

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
100 Ordinary Shares of £ 1.00 each | 100 |  | 100

9. Related Party Transactions
During the year, no dividend was paid to the director.
10. Ultimate Controlling Party
The company's ultimate controlling party is Mr S G Genchev by virtue of his ownership of 100% of the issued share capital in the company.
Page 4