Acorah Software Products - Accounts Production 16.3.350 false true 5 April 2024 6 April 2023 false 6 April 2024 5 April 2025 5 April 2025 05165050 Mrs Felicity Chappell Mr Gareth Markham iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05165050 2024-04-05 05165050 2025-04-05 05165050 2024-04-06 2025-04-05 05165050 frs-core:CurrentFinancialInstruments 2025-04-05 05165050 frs-core:Non-currentFinancialInstruments 2025-04-05 05165050 frs-core:BetweenOneFiveYears 2025-04-05 05165050 frs-core:NetGoodwill 2025-04-05 05165050 frs-core:NetGoodwill 2024-04-05 05165050 frs-core:MotorVehicles 2025-04-05 05165050 frs-core:MotorVehicles 2024-04-06 2025-04-05 05165050 frs-core:MotorVehicles 2024-04-05 05165050 frs-core:PlantMachinery 2025-04-05 05165050 frs-core:PlantMachinery 2024-04-06 2025-04-05 05165050 frs-core:PlantMachinery 2024-04-05 05165050 frs-core:WithinOneYear 2025-04-05 05165050 frs-core:ShareCapital 2025-04-05 05165050 frs-core:RetainedEarningsAccumulatedLosses 2025-04-05 05165050 frs-bus:PrivateLimitedCompanyLtd 2024-04-06 2025-04-05 05165050 frs-bus:FilletedAccounts 2024-04-06 2025-04-05 05165050 frs-bus:SmallEntities 2024-04-06 2025-04-05 05165050 frs-bus:AuditExempt-NoAccountantsReport 2024-04-06 2025-04-05 05165050 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-06 2025-04-05 05165050 frs-bus:Director1 2024-04-06 2025-04-05 05165050 frs-bus:Director2 2024-04-06 2025-04-05 05165050 frs-countries:EnglandWales 2024-04-06 2025-04-05 05165050 2023-04-05 05165050 2024-04-05 05165050 2023-04-06 2024-04-05 05165050 frs-core:CurrentFinancialInstruments 2024-04-05 05165050 frs-core:Non-currentFinancialInstruments 2024-04-05 05165050 frs-core:BetweenOneFiveYears 2024-04-05 05165050 frs-core:WithinOneYear 2024-04-05 05165050 frs-core:ShareCapital 2024-04-05 05165050 frs-core:RetainedEarningsAccumulatedLosses 2024-04-05
Registered number: 05165050
Mortgage Select (Sw) Limited
Unaudited Financial Statements
For The Year Ended 5 April 2025
Brunel Chartered Certified Accountants
3 Marco Polo House
Cook Way
Taunton
Somerset
TA2 6BJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05165050
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 102,534 105,832
102,534 105,832
CURRENT ASSETS
Debtors 6 60,000 60,000
Cash at bank and in hand 85,699 80,088
145,699 140,088
Creditors: Amounts Falling Due Within One Year 7 (96,256 ) (95,813 )
NET CURRENT ASSETS (LIABILITIES) 49,443 44,275
TOTAL ASSETS LESS CURRENT LIABILITIES 151,977 150,107
Creditors: Amounts Falling Due After More Than One Year 8 (30,502 ) (42,114 )
NET ASSETS 121,475 107,993
CAPITAL AND RESERVES
Called up share capital 10 110 110
Profit and Loss Account 121,365 107,883
SHAREHOLDERS' FUNDS 121,475 107,993
Page 1
Page 2
For the year ending 5 April 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
Mrs Felicity Chappell
Director
Mr Gareth Markham
Director
12 June 2025
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
Mortgage Select (Sw) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05165050 . The registered office is 3 Discovery House, Cook Way, Taunton, Somerset, TA2 6BJ.
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:
Plant & Machinery 15% reducing balance
Motor Vehicles 20% reducing balance
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 profit and loss account as incurred.
2.5. 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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2.5. 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 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: 14 (2024: 14)
14 14
4. Intangible Assets
Goodwill
£
Cost
As at 6 April 2024 70,000
As at 5 April 2025 70,000
Amortisation
As at 6 April 2024 70,000
As at 5 April 2025 70,000
Net Book Value
As at 5 April 2025 -
As at 6 April 2024 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 6 April 2024 139,136 65,265 204,401
Additions 17,867 - 17,867
As at 5 April 2025 157,003 65,265 222,268
Depreciation
As at 6 April 2024 85,516 13,053 98,569
Provided during the period 10,723 10,442 21,165
As at 5 April 2025 96,239 23,495 119,734
Net Book Value
As at 5 April 2025 60,764 41,770 102,534
As at 6 April 2024 53,620 52,212 105,832
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 60,000 60,000
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Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 8,604 8,604
Trade creditors 8,177 6,167
Bank loans and overdrafts 29,336 50,495
Corporation tax 50,139 30,547
96,256 95,813
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 30,502 42,114
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 8,604 8,604
Later than one year and not later than five years 30,502 42,114
39,106 50,718
39,106 50,718
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 110 110
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