Acorah Software Products - Accounts Production 16.5.460 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 12576771 Mrs Paula Young Mrs Olivia Callard-Williams iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12576771 2024-04-30 12576771 2025-04-30 12576771 2024-05-01 2025-04-30 12576771 frs-core:Non-currentFinancialInstruments 2025-04-30 12576771 frs-core:BetweenOneFiveYears 2025-04-30 12576771 frs-core:ComputerEquipment 2025-04-30 12576771 frs-core:ComputerEquipment 2024-05-01 2025-04-30 12576771 frs-core:ComputerEquipment 2024-04-30 12576771 frs-core:FurnitureFittings 2025-04-30 12576771 frs-core:FurnitureFittings 2024-05-01 2025-04-30 12576771 frs-core:FurnitureFittings 2024-04-30 12576771 frs-core:NetGoodwill 2025-04-30 12576771 frs-core:NetGoodwill 2024-05-01 2025-04-30 12576771 frs-core:NetGoodwill 2024-04-30 12576771 frs-core:MotorVehicles 2025-04-30 12576771 frs-core:MotorVehicles 2024-05-01 2025-04-30 12576771 frs-core:MotorVehicles 2024-04-30 12576771 frs-core:WithinOneYear 2025-04-30 12576771 frs-core:ShareCapital 2025-04-30 12576771 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 12576771 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 12576771 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 12576771 frs-bus:SmallEntities 2024-05-01 2025-04-30 12576771 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 12576771 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 12576771 frs-bus:Director1 2024-05-01 2025-04-30 12576771 frs-bus:Director1 2024-04-30 12576771 frs-bus:Director1 2025-04-30 12576771 frs-bus:Director2 2024-05-01 2025-04-30 12576771 frs-bus:Director2 2024-04-30 12576771 frs-bus:Director2 2025-04-30 12576771 frs-countries:EnglandWales 2024-05-01 2025-04-30 12576771 2023-04-30 12576771 2024-04-30 12576771 2023-05-01 2024-04-30 12576771 frs-core:Non-currentFinancialInstruments 2024-04-30 12576771 frs-core:BetweenOneFiveYears 2024-04-30 12576771 frs-core:WithinOneYear 2024-04-30 12576771 frs-core:ShareCapital 2024-04-30 12576771 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 12576771
Young Mortgage And Protection Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12576771
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 4,000 6,000
Tangible Assets 5 30,157 39,225
34,157 45,225
CURRENT ASSETS
Debtors 14,974 7,450
Cash at bank and in hand - 1,019
14,974 8,469
Creditors: Amounts Falling Due Within One Year (18,859 ) (18,950 )
NET CURRENT ASSETS (LIABILITIES) (3,885 ) (10,481 )
TOTAL ASSETS LESS CURRENT LIABILITIES 30,272 34,744
Creditors: Amounts Falling Due After More Than One Year (30,155 ) (34,609 )
NET ASSETS 117 135
CAPITAL AND RESERVES
Called up share capital 7 104 104
Profit and Loss Account 13 31
SHAREHOLDERS' FUNDS 117 135
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For the year ending 30 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 Paula Young
Director
Mrs Olivia Callard-Williams
Director
29/07/2025
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
Young Mortgage And Protection Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12576771 . The registered office is 38 Romilly Park Road, Barry, CF62 6RR.
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, excluding discounts, rebates, value added tax and other sales taxes.
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 of five 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% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
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. Taxation
Income tax expense represents the sum of the tax currently payable.
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.

Current 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 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: 3 (2024: 3)
3 3
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4. Intangible Assets
Goodwill
£
Cost
As at 1 May 2024 10,000
As at 30 April 2025 10,000
Amortisation
As at 1 May 2024 4,000
Provided during the period 2,000
As at 30 April 2025 6,000
Net Book Value
As at 30 April 2025 4,000
As at 1 May 2024 6,000
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2024 42,000 1,445 3,900 47,345
Additions - 297 519 816
As at 30 April 2025 42,000 1,742 4,419 48,161
Depreciation
As at 1 May 2024 7,000 258 862 8,120
Provided during the period 8,750 359 775 9,884
As at 30 April 2025 15,750 617 1,637 18,004
Net Book Value
As at 30 April 2025 26,250 1,125 2,782 30,157
As at 1 May 2024 35,000 1,187 3,038 39,225
6. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 4,634 4,634
Later than one year and not later than five years 30,155 34,609
34,789 39,243
34,789 39,243
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 104 104
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8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 May 2024 Amounts advanced Amounts repaid Amounts written off As at 30 April 2025
£ £ £ £ £
Mrs Paula Young - 4,995 - - 4,995
Mrs Olivia Callard-Williams - 4,994 - - 4,994
The directors owed £9,989 to the company which will be fully repaid back to the company by 31st January 2026.
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