Acorah Software Products - Accounts Production 19.2.450 false true 31 May 2025 1 June 2024 false 1 June 2025 31 May 2026 31 May 2026 05124663 S Fletcher iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05124663 2025-05-31 05124663 2026-05-31 05124663 2025-06-01 2026-05-31 05124663 frs-core:ComputerEquipment 2026-05-31 05124663 frs-core:ComputerEquipment 2025-06-01 2026-05-31 05124663 frs-core:ComputerEquipment 2025-05-31 05124663 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2026-05-31 05124663 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-05-31 05124663 frs-core:FurnitureFittings 2026-05-31 05124663 frs-core:FurnitureFittings 2025-06-01 2026-05-31 05124663 frs-core:FurnitureFittings 2025-05-31 05124663 frs-core:MotorVehicles 2025-06-01 2026-05-31 05124663 frs-core:ShareCapital 2026-05-31 05124663 frs-core:RetainedEarningsAccumulatedLosses 2026-05-31 05124663 frs-bus:PrivateLimitedCompanyLtd 2025-06-01 2026-05-31 05124663 frs-bus:FilletedAccounts 2025-06-01 2026-05-31 05124663 frs-bus:SmallEntities 2025-06-01 2026-05-31 05124663 frs-bus:AuditExempt-NoAccountantsReport 2025-06-01 2026-05-31 05124663 frs-bus:SmallCompaniesRegimeForAccounts 2025-06-01 2026-05-31 05124663 frs-bus:OrdinaryShareClass1 2025-06-01 2026-05-31 05124663 frs-bus:OrdinaryShareClass1 2026-05-31 05124663 frs-bus:Director1 2025-06-01 2026-05-31 05124663 frs-countries:EnglandWales 2025-06-01 2026-05-31 05124663 2024-05-31 05124663 2025-05-31 05124663 2024-06-01 2025-05-31 05124663 frs-core:CurrentFinancialInstruments 2025-05-31 05124663 frs-core:ShareCapital 2025-05-31 05124663 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 05124663 frs-bus:OrdinaryShareClass1 2024-06-01 2025-05-31
Registered number: 05124663
Spacestream.com Limited
Unaudited Financial Statements
For The Year Ended 31 May 2026
Harris & Company (C.A.) Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05124663
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 666 2,049
666 2,049
CURRENT ASSETS
Debtors 6 - 245
Cash at bank and in hand 1,099 3,606
1,099 3,851
Creditors: Amounts Falling Due Within One Year 7 (1,202 ) (3,233 )
NET CURRENT ASSETS (LIABILITIES) (103 ) 618
TOTAL ASSETS LESS CURRENT LIABILITIES 563 2,667
NET ASSETS 563 2,667
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 562 2,666
SHAREHOLDERS' FUNDS 563 2,667
Page 1
Page 2
For the year ending 31 May 2026 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
S Fletcher
Director
24 June 2026
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
Spacestream.com Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05124663 . The registered office is C/O Harris & Co, 4-6 Canfield Place, London, NW6 3BT .
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. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to profit and loss on a straight line basis over their expected useful economic lives, which was 4 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
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:
Motor Vehicles 25% straightline
Fixtures & Fittings 25% straightline
Computer Equipment 25% straightline
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.
...CONTINUED
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2.4. Taxation - continued
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: 1 (2025: 2)
1 2
4. Intangible Assets
Development Costs
£
Cost
As at 1 June 2025 8,500
As at 31 May 2026 8,500
Amortisation
As at 1 June 2025 8,500
As at 31 May 2026 8,500
Net Book Value
As at 31 May 2026 -
As at 1 June 2025 -
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 June 2025 8,204 44,490 52,694
As at 31 May 2026 8,204 44,490 52,694
Depreciation
As at 1 June 2025 7,886 42,759 50,645
Provided during the period 171 1,212 1,383
As at 31 May 2026 8,057 43,971 52,028
...CONTINUED
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Net Book Value
As at 31 May 2026 147 519 666
As at 1 June 2025 318 1,731 2,049
6. Debtors
2026 2025
£ £
Due within one year
Other debtors - 245
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Other creditors 1,202 3,202
Taxation and social security - 31
1,202 3,233
8. Share Capital
2026 2025
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 0.01 each 1 1
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