Acorah Software Products - Accounts Production 15.0.600 false true false 7 February 2023 31 March 2024 31 March 2024 14646046 Miss Alison Mattimore iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14646046 2023-02-06 14646046 2024-03-31 14646046 2023-02-07 2024-03-31 14646046 frs-core:CurrentFinancialInstruments 2024-03-31 14646046 frs-core:Non-currentFinancialInstruments 2024-03-31 14646046 frs-core:ComputerEquipment 2024-03-31 14646046 frs-core:ComputerEquipment 2023-02-07 2024-03-31 14646046 frs-core:ComputerEquipment 2023-02-06 14646046 frs-core:NetGoodwill 2024-03-31 14646046 frs-core:NetGoodwill 2023-02-07 2024-03-31 14646046 frs-core:NetGoodwill 2023-02-06 14646046 frs-core:SharePremium 2024-03-31 14646046 frs-core:ShareCapital 2024-03-31 14646046 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 14646046 frs-bus:PrivateLimitedCompanyLtd 2023-02-07 2024-03-31 14646046 frs-bus:FilletedAccounts 2023-02-07 2024-03-31 14646046 frs-bus:SmallEntities 2023-02-07 2024-03-31 14646046 frs-bus:AuditExempt-NoAccountantsReport 2023-02-07 2024-03-31 14646046 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-07 2024-03-31 14646046 frs-core:CostValuation 2023-02-06 14646046 frs-core:AdditionsToInvestments 2024-03-31 14646046 frs-core:CostValuation 2024-03-31 14646046 frs-core:ProvisionsForImpairmentInvestments 2023-02-06 14646046 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 14646046 frs-bus:Director1 2023-02-07 2024-03-31 14646046 frs-countries:EnglandWales 2023-02-07 2024-03-31
Registered number: 14646046
Mattimore Wealth and Wellbeing Ltd
Unaudited Financial Statements
For the Period 7 February 2023 to 31 March 2024
Sphere Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14646046
31 March 2024
Notes £ £
FIXED ASSETS
Intangible Assets 4 286,676
Tangible Assets 5 5,398
Investments 6 379,182
671,256
CURRENT ASSETS
Debtors 7 10,007
Cash at bank and in hand 7,068
17,075
Creditors: Amounts Falling Due Within One Year 8 (45,222 )
NET CURRENT ASSETS (LIABILITIES) (28,147 )
TOTAL ASSETS LESS CURRENT LIABILITIES 643,109
Creditors: Amounts Falling Due After More Than One Year 9 (380,997 )
NET ASSETS 262,112
CAPITAL AND RESERVES
Called up share capital 10 200
Share premium account 272,154
Profit and Loss Account (10,242 )
SHAREHOLDERS' FUNDS 262,112
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For the period ending 31 March 2024 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 her 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
Miss Alison Mattimore
Director
04/10/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Mattimore Wealth and Wellbeing Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14646046 . The registered office is 12 Market Street, Chapel-en-le-Frith, High Peak, SK23 0HH.
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.
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 profit and loss account over its estimated economic life, which shall not exceed 10 years if a reliable estimate of the useful life cannot be made.
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:
Computer Equipment 25% on cost
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 profit and loss account as incurred.
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 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 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.
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2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 4
4
4. Intangible Assets
Goodwill
£
Cost
As at 7 February 2023 -
Additions 321,506
As at 31 March 2024 321,506
Amortisation
As at 7 February 2023 -
Provided during the period 34,830
As at 31 March 2024 34,830
Net Book Value
As at 31 March 2024 286,676
As at 7 February 2023 -
5. Tangible Assets
Computer Equipment
£
Cost
As at 7 February 2023 -
Additions 6,876
As at 31 March 2024 6,876
Depreciation
As at 7 February 2023 -
Provided during the period 1,478
As at 31 March 2024 1,478
Net Book Value
As at 31 March 2024 5,398
As at 7 February 2023 -
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6. Investments
Subsidiaries
£
Cost
As at 7 February 2023 -
Additions 379,182
As at 31 March 2024 379,182
Provision
As at 7 February 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 379,182
As at 7 February 2023 -
7. Debtors
31 March 2024
£
Due within one year
Trade debtors 6,757
Other debtors 3,250
10,007
8. Creditors: Amounts Falling Due Within One Year
31 March 2024
£
Other loans 37,915
Other creditors 2,331
Taxation and social security 4,976
45,222
9. Creditors: Amounts Falling Due After More Than One Year
31 March 2024
£
Other loans 306,480
Other creditors 74,517
380,997
10. Share Capital
31 March 2024
£
Allotted, Called up and fully paid 200
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