Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 13831409 Benjamin Krysiak Peter Krysiak iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13831409 2024-03-31 13831409 2025-03-31 13831409 2024-04-01 2025-03-31 13831409 frs-core:CurrentFinancialInstruments 2025-03-31 13831409 frs-core:ComputerEquipment 2025-03-31 13831409 frs-core:ComputerEquipment 2024-04-01 2025-03-31 13831409 frs-core:ComputerEquipment 2024-03-31 13831409 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 13831409 frs-core:OtherResidualIntangibleAssets 2025-03-31 13831409 frs-core:OtherResidualIntangibleAssets 2024-04-01 2025-03-31 13831409 frs-core:OtherResidualIntangibleAssets 2024-03-31 13831409 frs-core:ShareCapital 2025-03-31 13831409 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 13831409 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13831409 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 13831409 frs-bus:SmallEntities 2024-04-01 2025-03-31 13831409 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 13831409 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 13831409 frs-bus:Director1 2024-04-01 2025-03-31 13831409 frs-bus:Director2 2024-04-01 2025-03-31 13831409 frs-countries:EnglandWales 2024-04-01 2025-03-31 13831409 2023-03-31 13831409 2024-03-31 13831409 2023-04-01 2024-03-31 13831409 frs-core:CurrentFinancialInstruments 2024-03-31 13831409 frs-core:ShareCapital 2024-03-31 13831409 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 13831409
The Condition Management Company Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 13831409
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 9,623 10,789
Tangible Assets 5 6,142 4,787
15,765 15,576
CURRENT ASSETS
Debtors 6 35,494 19,160
Cash at bank and in hand 208,674 9,857
244,168 29,017
Creditors: Amounts Falling Due Within One Year 7 (178,899 ) (55,063 )
NET CURRENT ASSETS (LIABILITIES) 65,269 (26,046 )
TOTAL ASSETS LESS CURRENT LIABILITIES 81,034 (10,470 )
NET ASSETS/(LIABILITIES) 81,034 (10,470 )
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account 80,034 (11,470 )
SHAREHOLDERS' FUNDS 81,034 (10,470)
For the year ending 31 March 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
Benjamin Krysiak
Director
23 June 2025
The notes on pages 2 to 4 form part of these financial statements.
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Page 2
Notes to the Financial Statements
1. General Information
The Condition Management Company Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13831409 . The registered office is Anderson House, Clinton Avenue, Nottingham, Nottinghamshire, NG5 1AW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared in Sterling (£), which is the functional currency of the company. The financial statements are for the year ended 31 March 2025 (2024: year ended 2024).
The financial statements are prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, 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.
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 - Other Intangible
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Website development costs are being amortised evenly over their estimated useful life of ten 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:
Computer Equipment 25% reducing balance
2.5. Leasing and Hire Purchase Contracts
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 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.
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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.
2.8. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2024: 6)
11 6
4. Intangible Assets
Other
£
Cost
As at 1 April 2024 11,664
As at 31 March 2025 11,664
Amortisation
As at 1 April 2024 875
Provided during the period 1,166
As at 31 March 2025 2,041
Net Book Value
As at 31 March 2025 9,623
As at 1 April 2024 10,789
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2024 5,968
Additions 3,107
As at 31 March 2025 9,075
Depreciation
As at 1 April 2024 1,181
Provided during the period 1,752
As at 31 March 2025 2,933
Net Book Value
As at 31 March 2025 6,142
As at 1 April 2024 4,787
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 6,068 -
Prepayments and accrued income 19,356 728
Other debtors 10,070 18,432
35,494 19,160
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,789 11,935
Corporation tax 24,690 -
Other taxes and social security 13,806 15,304
Other creditors 110,932 22,720
Accruals and deferred income 26,283 4,452
Directors' loan accounts 1,399 652
178,899 55,063
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
9. Related Party Transactions
At the year end, there were no amounts (2024: £22,720) due to a company under common control.
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