Acorah Software Products - Accounts Production 16.7.461 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 09495737 Mr. D Burgess Mr. S Belcher true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09495737 2024-03-31 09495737 2025-03-31 09495737 2024-04-01 2025-03-31 09495737 frs-core:CurrentFinancialInstruments 2025-03-31 09495737 frs-core:Non-currentFinancialInstruments 2025-03-31 09495737 frs-core:ComputerEquipment 2025-03-31 09495737 frs-core:ComputerEquipment 2024-04-01 2025-03-31 09495737 frs-core:ComputerEquipment 2024-03-31 09495737 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 09495737 frs-core:NetGoodwill 2025-03-31 09495737 frs-core:NetGoodwill 2024-04-01 2025-03-31 09495737 frs-core:NetGoodwill 2024-03-31 09495737 frs-core:OtherResidualIntangibleAssets 2025-03-31 09495737 frs-core:OtherResidualIntangibleAssets 2024-04-01 2025-03-31 09495737 frs-core:OtherResidualIntangibleAssets 2024-03-31 09495737 frs-core:PlantMachinery 2025-03-31 09495737 frs-core:PlantMachinery 2024-04-01 2025-03-31 09495737 frs-core:PlantMachinery 2024-03-31 09495737 frs-core:ShareCapital 2025-03-31 09495737 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 09495737 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09495737 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 09495737 frs-bus:SmallEntities 2024-04-01 2025-03-31 09495737 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09495737 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09495737 1 2024-04-01 2025-03-31 09495737 frs-core:DeferredTaxation 2024-04-01 2025-03-31 09495737 frs-core:DeferredTaxation 2024-03-31 09495737 frs-core:DeferredTaxation 2025-03-31 09495737 frs-bus:Director1 2024-04-01 2025-03-31 09495737 frs-bus:Director2 2024-04-01 2025-03-31 09495737 frs-core:CurrentFinancialInstruments 1 2025-03-31 09495737 frs-countries:EnglandWales 2024-04-01 2025-03-31 09495737 2023-03-31 09495737 2024-03-31 09495737 2023-04-01 2024-03-31 09495737 frs-core:CurrentFinancialInstruments 2024-03-31 09495737 frs-core:Non-currentFinancialInstruments 2024-03-31 09495737 frs-core:ShareCapital 2024-03-31 09495737 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09495737 frs-core:CurrentFinancialInstruments 1 2024-03-31
Registered number: 09495737
Stark Wayne Ltd.
Unaudited Financial Statements
For The Year Ended 31 March 2025
Richards Associates Limited
North Lodge Hawkesyard
Armitage Lane
Rugeley
Staffordshire
WS15 1PS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 09495737
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1,900 23,733
Tangible Assets 5 4,077 2,229
5,977 25,962
CURRENT ASSETS
Debtors 6 76,636 101,093
Cash at bank and in hand 148,181 108,581
224,817 209,674
Creditors: Amounts Falling Due Within One Year 7 (90,273 ) (83,978 )
NET CURRENT ASSETS (LIABILITIES) 134,544 125,696
TOTAL ASSETS LESS CURRENT LIABILITIES 140,521 151,658
Creditors: Amounts Falling Due After More Than One Year 8 (1,667 ) (11,667 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 9 (769 ) (392 )
NET ASSETS 138,085 139,599
CAPITAL AND RESERVES
Called up share capital 11 102 100
Profit and Loss Account 137,983 139,499
SHAREHOLDERS' FUNDS 138,085 139,599
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 Profit and Loss Account.
On behalf of the board
Mr. S Belcher
Director
1 December 2025
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Stark Wayne Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 09495737 . The registered office is Woodland Lodge Dunston Business Village, Stafford Road, Penkridge, Staffordshire, ST18 9AB.
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 directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.
The directors continue to adopt the going concern basis of accounting in preparing financial statements.
2.3. 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.
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.5. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are Bitcoin assets. These are shown at costs and any material changes in value are written to the profit and loss account. The directors believe that there is no material change in its current value.
2.6. 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 20%
Computer Equipment 33%
Page 3
Page 4
2.7. 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 the profit and loss account as incurred.
2.8. Financial Instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.
2.9. 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.
2.10. Pensions
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 5)
5 5
Page 4
Page 5
4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 1 April 2024 58,332 17,900 76,232
Disposals - (16,000 ) (16,000 )
As at 31 March 2025 58,332 1,900 60,232
Amortisation
As at 1 April 2024 52,499 - 52,499
Provided during the period 5,833 - 5,833
As at 31 March 2025 58,332 - 58,332
Net Book Value
As at 31 March 2025 - 1,900 1,900
As at 1 April 2024 5,833 17,900 23,733
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 1,100 29,219 30,319
Additions 107 5,670 5,777
As at 31 March 2025 1,207 34,889 36,096
Depreciation
As at 1 April 2024 1,100 26,990 28,090
Provided during the period 21 3,908 3,929
As at 31 March 2025 1,121 30,898 32,019
Net Book Value
As at 31 March 2025 86 3,991 4,077
As at 1 April 2024 - 2,229 2,229
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 7,602
Other debtors 76,636 93,491
76,636 101,093
Page 5
Page 6
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 10,000 10,000
Corporation tax 20,063 19,583
Other taxes and social security 3,913 2,429
VAT 37,703 23,110
Other creditors 6 -
Pension creditor 649 413
Accruals and deferred income 2,936 14,970
Directors' loan accounts 15,003 13,473
90,273 83,978
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 1,667 11,667
9. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Other timing differences 769 392
10. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 April 2024 392 392
Utilised 377 377
Balance at 31 March 2025 769 769
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 102 100
Page 6
Page 7
12. Ultimate Controlling Party
The company's ultimate controlling parties are Mr S Belcher and Mr D Burgess by virtue of their ownership of 100% of the issued share capital in the company.
Page 7