STP Accounts Ltd - Accounts

STP Accounts Ltd
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £
Fixed assets
Intangible fixed assets	3	291,600
Tangible fixed assets	4	10,876
		302,476
Current assets
Stocks		6,110
Debtors		28,309
Cash at bank and in hand		14,721
		49,140
Creditors: amount falling due within one year		(89,671)
Net current assets		(40,531)

Total assets less current liabilities		261,945
Creditors: amount falling due after more than one year		(250,942)
Provisions for liabilities		(2,066)
Net assets		8,937

Capital and reserves
Called up share capital		100
Profit and loss account		8,837
Shareholders' funds		8,937

For the period ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006 the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 12 May 2026 and were signed on its behalf by:

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C J Kember
Director

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K J Kember
Director

STP Accounts Ltd
Notes to the Abridged Financial Statements
For the Period 21 March 2025 to 31 March 2026

General Information

STP Accounts Ltd is a private company, limited by shares, registered in England and Wales, registration number 16333237, registration address Suite 7 Beaufort House, Beaufort Court, Sir Thomas Longley Road, Kent, ME8 7FF.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Finance lease and hire purchase charges

The finance element of the rental payment is charged to the income statement on a straight line basis.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current and deferred tax assets and liabilities are not discounted.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 10 years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles	20 Reducing Balance
Fixtures and Fittings	25 Reducing Balance
Computer Equipment	33.33% Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the period was 7.

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 21 March 2025	-	-
Additions	324,000	324,000
Disposals	-	-
At 31 March 2026	324,000	324,000
Amortisation
At 21 March 2025	-	-
Charge for period	32,400	32,400
On disposals	-	-
At 31 March 2026	32,400	32,400
Net book values
At 31 March 2026	291,600	291,600
At 20 March 2025	-	-

Tangible fixed assets

Cost or valuation	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£
At 21 March 2025	-	-	-	-
Additions	46,164	2,821	3,344	52,329
Disposals	(38,000)	-	-	(38,000)
At 31 March 2026	8,164	2,821	3,344	14,329
Depreciation
At 21 March 2025	-	-	-	-
Charge for period	1,633	705	1,115	3,453
On disposals	-	-	-	-
At 31 March 2026	1,633	705	1,115	3,453
Net book values
Closing balance as at 31 March 2026	6,531	2,116	2,229	10,876
Opening balance as at 21 March 2025	-	-	-	-

5.	Transactions with Directors The company acquired the business of its Directors, C J Kember and K J Kember, on 1 April 2025. This comprised of the Goodwill of £324,000.

6.	Ultimate Controlling Party The company's ultimate controlling party are the directors by virtue of their ownership of 100% of the issued share capital in the company.

Registered Number: 16333237
England and Wales
STP ACCOUNTS LTD

Abridged Accounts

Period of accounts Start date: 21 March 2025 End date: 31 March 2026