Acorah Software Products - Accounts Production 16.6.920 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 03907462 Gemma Danielle Staines Tai Daly Gemma Danielle Staines iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03907462 2024-03-31 03907462 2025-03-31 03907462 2024-04-01 2025-03-31 03907462 frs-core:CurrentFinancialInstruments 2025-03-31 03907462 frs-core:Non-currentFinancialInstruments 2025-03-31 03907462 frs-core:ComputerEquipment 2025-03-31 03907462 frs-core:ComputerEquipment 2024-04-01 2025-03-31 03907462 frs-core:ComputerEquipment 2024-03-31 03907462 frs-core:MotorVehicles 2025-03-31 03907462 frs-core:MotorVehicles 2024-04-01 2025-03-31 03907462 frs-core:MotorVehicles 2024-03-31 03907462 frs-core:PlantMachinery 2025-03-31 03907462 frs-core:PlantMachinery 2024-04-01 2025-03-31 03907462 frs-core:PlantMachinery 2024-03-31 03907462 frs-core:ShareCapital 2025-03-31 03907462 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 03907462 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03907462 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 03907462 frs-bus:SmallEntities 2024-04-01 2025-03-31 03907462 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 03907462 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 03907462 frs-bus:Director1 2024-04-01 2025-03-31 03907462 frs-bus:Director2 2024-04-01 2025-03-31 03907462 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 03907462 frs-countries:EnglandWales 2024-04-01 2025-03-31 03907462 2023-03-31 03907462 2024-03-31 03907462 2023-04-01 2024-03-31 03907462 frs-core:CurrentFinancialInstruments 2024-03-31 03907462 frs-core:Non-currentFinancialInstruments 2024-03-31 03907462 frs-core:ShareCapital 2024-03-31 03907462 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
First Stop I.T. Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Bencroft Dassels
Braughing
Ware
Herts
SG11 2RW
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 03907462
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 15,611 20,345
15,611 20,345
CURRENT ASSETS
Stocks 5 24,836 15,453
Debtors 6 165,675 94,413
Cash at bank and in hand 248,096 386,156
438,607 496,022
Creditors: Amounts Falling Due Within One Year 7 (254,830 ) (263,129 )
NET CURRENT ASSETS (LIABILITIES) 183,777 232,893
TOTAL ASSETS LESS CURRENT LIABILITIES 199,388 253,238
Creditors: Amounts Falling Due After More Than One Year 8 (3,334 ) (13,333 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,885 ) (5,086 )
NET ASSETS 192,169 234,819
CAPITAL AND RESERVES
Called up share capital 9 125 125
Income Statement 192,044 234,694
SHAREHOLDERS' FUNDS 192,169 234,819
Page 1
Page 2
For the year ending 31 March 2025 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 Income Statement.
On behalf of the board
Gemma Danielle Staines
Director
Tai Daly
Director
30/09/2025
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
First Stop I.T. Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03907462 . The registered office is Suite 9, 11 West Road, Harlow, Essex, CM20 2BU.
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.

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:
Plant & Machinery 25% on reducing balance
Motor Vehicles 25% on reducing balanace
Computer Equipment 33% on cost
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.
2.6. 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.
...CONTINUED
Page 3
Page 4
2.6. Taxation - continued
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: 18 (2024: 18)
18 18
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 5,845 21,948 48,797 76,590
Additions 316 - 7,414 7,730
As at 31 March 2025 6,161 21,948 56,211 84,320
Depreciation
As at 1 April 2024 3,778 17,997 34,470 56,245
Provided during the period 599 988 10,877 12,464
As at 31 March 2025 4,377 18,985 45,347 68,709
Net Book Value
As at 31 March 2025 1,784 2,963 10,864 15,611
As at 1 April 2024 2,067 3,951 14,327 20,345
5. Stocks
2025 2024
£ £
Materials 3,788 3,946
Work in progress 21,048 11,507
24,836 15,453
Page 4
Page 5
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 160,297 88,019
Other debtors 5,378 6,394
165,675 94,413
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 91,594 107,143
Bank loans and overdrafts 10,000 10,000
Other creditors 37,619 23,778
Taxation and social security 115,617 122,208
254,830 263,129
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 3,334 13,333
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 125 125
Page 5