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Registered number: 10827946
STTP Group Limited
Unaudited Financial Statements
For The Year Ended 31 May 2026
Ashmore & McGill CCA Ltd
Chartered Certified Accountants
1 Fisher Lane
Bingham
Nottingham
NG13 8BQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 10827946
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 677,182 481,193
677,182 481,193
CURRENT ASSETS
Stocks 5 220,343 95,000
Debtors 6 77,388 42,457
Cash at bank and in hand - 1,456
297,731 138,913
Creditors: Amounts Falling Due Within One Year 7 (233,164 ) (160,001 )
NET CURRENT ASSETS (LIABILITIES) 64,567 (21,088 )
TOTAL ASSETS LESS CURRENT LIABILITIES 741,749 460,105
Creditors: Amounts Falling Due After More Than One Year 8 (155,956 ) (115,999 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (114,765 ) (89,459 )
NET ASSETS 471,028 254,647
CAPITAL AND RESERVES
Called up share capital 10 20 20
Revaluation reserve 11 544,193 360,833
Profit and Loss Account (73,185 ) (106,206 )
SHAREHOLDERS' FUNDS 471,028 254,647
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 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
Mrs Aimee Chiarella
Director
2 July 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
STTP Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10827946 . The registered office is Unit 6 Whatton Lodge Farm Yard Grantham Road, Whatton, Nottingham, NG13 9EW.
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.
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 0%
Plant & Machinery 25% Straight line
2.4. 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.
2.5. 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.
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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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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 as follows: 0 3 (2025: 1)
3 1
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost or Valuation
As at 1 June 2025 10,354 609,545 619,899
Additions 62,800 99,587 162,387
Revaluation - 183,360 183,360
As at 31 May 2026 73,154 892,492 965,646
Depreciation
As at 1 June 2025 - 138,706 138,706
Provided during the period - 149,758 149,758
As at 31 May 2026 - 288,464 288,464
Net Book Value
As at 31 May 2026 73,154 604,028 677,182
As at 1 June 2025 10,354 470,839 481,193
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5. Stocks
2026 2025
£ £
Stock 155,000 95,000
Work in progress 65,343 -
220,343 95,000
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 15,747 8,981
Prepayments and accrued income 28,646 -
Other debtors 425 425
Corporation tax recoverable assets 32,570 33,051
77,388 42,457
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 9,609 9,043
Trade creditors 48,347 29,120
Bank loans and overdrafts 65,859 32,083
Other taxes and social security 4,845 2,047
VAT 9,558 16,204
Directors' loan accounts 94,946 71,504
233,164 160,001
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 10,436 16,032
Bank loans 145,520 99,967
155,956 115,999
9. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 9,609 9,043
Later than one year and not later than five years 10,436 16,032
20,045 25,075
20,045 25,075
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10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 20 20
11. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 June 2025 360,833 (106,206 )
Profit for year - 216,381
Surplus on revaluation 183,360 -
Other comprehensive income for the year 183,360 -
Total comprehensive income for the year 183,360 216,381
Transfer from revaluation reserve - (183,360)
As at 31 May 2026 544,193 (73,185 )
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