Acorah Software Products - Accounts Production 19.4.300 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 10335105 C M Duckett T Duckett iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10335105 2024-12-31 10335105 2025-12-31 10335105 2025-01-01 2025-12-31 10335105 frs-core:Non-currentFinancialInstruments 2025-12-31 10335105 frs-core:ComputerEquipment 2025-12-31 10335105 frs-core:ComputerEquipment 2025-01-01 2025-12-31 10335105 frs-core:ComputerEquipment 2024-12-31 10335105 frs-core:MotorVehicles 2025-12-31 10335105 frs-core:MotorVehicles 2025-01-01 2025-12-31 10335105 frs-core:MotorVehicles 2024-12-31 10335105 frs-core:PlantMachinery 2025-12-31 10335105 frs-core:PlantMachinery 2025-01-01 2025-12-31 10335105 frs-core:PlantMachinery 2024-12-31 10335105 frs-core:RevaluationReserve 2025-01-01 2025-12-31 10335105 frs-core:RevaluationReserve 2024-12-31 10335105 frs-core:RevaluationReserve 2025-12-31 10335105 frs-core:ShareCapital 2025-12-31 10335105 frs-core:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 10335105 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-12-31 10335105 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 10335105 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 10335105 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 10335105 frs-bus:SmallEntities 2025-01-01 2025-12-31 10335105 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 10335105 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 10335105 frs-bus:Director1 2025-01-01 2025-12-31 10335105 frs-bus:Director2 2025-01-01 2025-12-31 10335105 frs-countries:EnglandWales 2025-01-01 2025-12-31 10335105 2023-12-31 10335105 2024-12-31 10335105 2024-01-01 2024-12-31 10335105 frs-core:Non-currentFinancialInstruments 2024-12-31 10335105 frs-core:RevaluationReserve 2024-12-31 10335105 frs-core:ShareCapital 2024-12-31 10335105 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 10335105
Steadfast Estates Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Boston House Limited
Boston House
214 High Street
Boston Spa
West Yorkshire
LS23 6AD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10335105
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 211 281
Investment Properties 5 700,000 406,787
700,211 407,068
CURRENT ASSETS
Debtors 6 - 1,944
Cash at bank and in hand 2,595 41,518
2,595 43,462
Creditors: Amounts Falling Due Within One Year 7 (112,883 ) (132,651 )
NET CURRENT ASSETS (LIABILITIES) (110,288 ) (89,189 )
TOTAL ASSETS LESS CURRENT LIABILITIES 589,923 317,879
Creditors: Amounts Falling Due After More Than One Year 8 (438,744 ) (273,855 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (40,669 ) (20,983 )
NET ASSETS 110,510 23,041
CAPITAL AND RESERVES
Called up share capital 9 2 2
Revaluation reserve 10 173,381 89,453
Profit and Loss Account (62,873 ) (66,414 )
SHAREHOLDERS' FUNDS 110,510 23,041
Page 1
Page 2
For the year ending 31 December 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
T Duckett
Director
3 September 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
Steadfast Estates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10335105 . The registered office is Boston House 214 High Street, Boston Spa, Wetherby, LS23 6AD.
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. 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% Straight Line
Motor Vehicles 25% Straight Line
Computer Equipment 25% Straight Line
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
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: 2 (2024: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost or Valuation
As at 1 January 2025 1,047 29,428 439 30,914
As at 31 December 2025 1,047 29,428 439 30,914
Depreciation
As at 1 January 2025 1,047 29,428 158 30,633
Provided during the period - - 70 70
As at 31 December 2025 1,047 29,428 228 30,703
Net Book Value
As at 31 December 2025 - - 211 211
As at 1 January 2025 - - 281 281
5. Investment Property
2025
£
Fair Value
As at 1 January 2025 406,787
Additions 189,599
Revaluations 103,614
As at 31 December 2025 700,000
A revaluation of the properties was undertaken in the year by the directors, they consider these valuations reflect the value of the properties at the balance sheet date.
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6. Debtors
2025 2024
£ £
Due within one year
Other debtors - 1,944
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 112,883 132,651
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other loans 438,744 273,855
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
10. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 January 2025 89,453 (66,414 )
Profit for the year and total comprehensive income - 87,469
Transfer from revaluation reserve - (83,928)
Transfer to/from Profit & Loss Account 83,928 -
As at 31 December 2025 173,381 (62,873 )
Page 5