Acorah Software Products - Accounts Production 19.4.351 false true 31 July 2024 1 August 2023 false 1 August 2024 31 December 2025 31 December 2025 09670133 Mr Alasdair MacMillan Mr Donald MacMillan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09670133 2024-07-31 09670133 2025-12-31 09670133 2024-08-01 2025-12-31 09670133 frs-core:CurrentFinancialInstruments 2025-12-31 09670133 frs-core:Non-currentFinancialInstruments 2025-12-31 09670133 frs-core:BetweenOneFiveYears 2025-12-31 09670133 frs-core:FurnitureFittings 2025-12-31 09670133 frs-core:FurnitureFittings 2024-08-01 2025-12-31 09670133 frs-core:FurnitureFittings 2024-07-31 09670133 frs-core:NetGoodwill 2025-12-31 09670133 frs-core:NetGoodwill 2024-08-01 2025-12-31 09670133 frs-core:NetGoodwill 2024-07-31 09670133 frs-core:MotorVehicles 2025-12-31 09670133 frs-core:MotorVehicles 2024-08-01 2025-12-31 09670133 frs-core:MotorVehicles 2024-07-31 09670133 frs-core:WithinOneYear 2025-12-31 09670133 frs-core:ShareCapital 2025-12-31 09670133 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 09670133 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-12-31 09670133 frs-bus:FilletedAccounts 2024-08-01 2025-12-31 09670133 frs-bus:SmallEntities 2024-08-01 2025-12-31 09670133 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-12-31 09670133 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-12-31 09670133 frs-core:CostValuation 2024-07-31 09670133 frs-core:CostValuation 2025-12-31 09670133 frs-core:ProvisionsForImpairmentInvestments 2024-07-31 09670133 frs-core:ImpairmentLossProvisionsForImpairmentInvestments 2025-12-31 09670133 frs-core:ProvisionsForImpairmentInvestments 2025-12-31 09670133 frs-bus:Director1 2024-08-01 2025-12-31 09670133 frs-bus:Director1 2024-07-31 09670133 frs-bus:Director1 2025-12-31 09670133 frs-bus:Director2 2024-08-01 2025-12-31 09670133 frs-bus:Director2 2024-07-31 09670133 frs-bus:Director2 2025-12-31 09670133 frs-countries:EnglandWales 2024-08-01 2025-12-31 09670133 2023-07-31 09670133 2024-07-31 09670133 2023-08-01 2024-07-31 09670133 frs-core:CurrentFinancialInstruments 2024-07-31 09670133 frs-core:Non-currentFinancialInstruments 2024-07-31 09670133 frs-core:BetweenOneFiveYears 2024-07-31 09670133 frs-core:WithinOneYear 2024-07-31 09670133 frs-core:ShareCapital 2024-07-31 09670133 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 09670133
Stellamar Recruitment Limited
Unaudited Financial Statements
For the Period 1 August 2024 to 31 December 2025
FAB Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 09670133
31 December 2025 31 July 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1,667 8,750
Tangible Assets 5 9,834 22,598
Investments 6 51 102
11,552 31,450
CURRENT ASSETS
Debtors 7 287,632 183,025
Cash at bank and in hand 24,578 9,092
312,210 192,117
Creditors: Amounts Falling Due Within One Year 8 (299,330 ) (205,438 )
NET CURRENT ASSETS (LIABILITIES) 12,880 (13,321 )
TOTAL ASSETS LESS CURRENT LIABILITIES 24,432 18,129
Creditors: Amounts Falling Due After More Than One Year 9 (21,833 ) (12,440 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,459 ) (5,649 )
NET ASSETS 140 40
CAPITAL AND RESERVES
Called up share capital 11 4 4
Profit and Loss Account 136 36
SHAREHOLDERS' FUNDS 140 40
Page 1
Page 2
For the period 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
Mr Alasdair MacMillan
Director
18/09/2026
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
Stellamar Recruitment Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09670133 . The registered office is 26 The Slipway, Port Solent, Portsmouth, Hampshire, PO6 4TR.
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. 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 the profit and loss account over its estimated economic life of 5 years.
2.4. 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% Straight Line
Fixtures & Fittings 33.33% Straight Line
2.5. 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.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Page 3
Page 4
2.7. 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 period, 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 period was: 5 (2024: 11)
5 11
4. Intangible Assets
Goodwill
£
Cost
As at 1 August 2024 25,000
As at 31 December 2025 25,000
Amortisation
As at 1 August 2024 16,250
Provided during the period 7,083
As at 31 December 2025 23,333
Net Book Value
As at 31 December 2025 1,667
As at 1 August 2024 8,750
Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.
Page 4
Page 5
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 August 2024 27,146 13,262 40,408
Additions - 1,984 1,984
As at 31 December 2025 27,146 15,246 42,392
Depreciation
As at 1 August 2024 10,596 7,214 17,810
Provided during the period 9,614 5,134 14,748
As at 31 December 2025 20,210 12,348 32,558
Net Book Value
As at 31 December 2025 6,936 2,898 9,834
As at 1 August 2024 16,550 6,048 22,598
6. Investments
Subsidiaries
£
Cost or Valuation
As at 1 August 2024 102
As at 31 December 2025 102
Provision
As at 1 August 2024 -
Impairment losses 51
As at 31 December 2025 51
Net Book Value
As at 31 December 2025 51
As at 1 August 2024 102
7. Debtors
31 December 2025 31 July 2024
£ £
Due within one year
Trade debtors 36,656 106,288
Amounts owed by group undertakings - 1,896
Other debtors 196,067 74,841
232,723 183,025
Due after more than one year
Other debtors 54,909 -
287,632 183,025
Page 5
Page 6
8. Creditors: Amounts Falling Due Within One Year
31 December 2025 31 July 2024
£ £
Net obligations under finance lease and hire purchase contracts 4,975 4,975
Trade creditors 39,133 48,813
Other loans 12,528 -
Other creditors 19,526 15,162
Taxation and social security 223,168 136,488
299,330 205,438
9. Creditors: Amounts Falling Due After More Than One Year
31 December 2025 31 July 2024
£ £
Net obligations under finance lease and hire purchase contracts 5,391 12,440
Other loans 16,442 -
21,833 12,440
10. Obligations Under Finance Leases and Hire Purchase
31 December 2025 31 July 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 4,975 4,975
Later than one year and not later than five years 5,391 12,440
10,366 17,415
10,366 17,415
11. Share Capital
31 December 2025 31 July 2024
£ £
Allotted, Called up and fully paid 4 4
Page 6
Page 7
12. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 August 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2025
£ £ £ £ £
Mr Alasdair MacMillan 12,772 100,373 9,972 - 103,173
Mr Donald MacMillan 14,339 45,655 474 - 59,520
The above loan is unsecured, interest free and repayable on demand.
Page 7