Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 11906267 Mr Scott Murcott Mrs Victoria Murcott Scott Murcott false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11906267 2024-03-31 11906267 2025-03-31 11906267 2024-04-01 2025-03-31 11906267 frs-core:CurrentFinancialInstruments 2025-03-31 11906267 frs-core:Non-currentFinancialInstruments 2025-03-31 11906267 frs-core:BetweenOneFiveYears 2025-03-31 11906267 frs-core:ComputerEquipment 2025-03-31 11906267 frs-core:ComputerEquipment 2024-04-01 2025-03-31 11906267 frs-core:ComputerEquipment 2024-03-31 11906267 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 11906267 frs-core:MotorVehicles 2025-03-31 11906267 frs-core:MotorVehicles 2024-04-01 2025-03-31 11906267 frs-core:MotorVehicles 2024-03-31 11906267 frs-core:OtherResidualIntangibleAssets 2025-03-31 11906267 frs-core:OtherResidualIntangibleAssets 2024-03-31 11906267 frs-core:WithinOneYear 2025-03-31 11906267 frs-core:ShareCapital 2025-03-31 11906267 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 11906267 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11906267 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 11906267 frs-bus:SmallEntities 2024-04-01 2025-03-31 11906267 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11906267 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11906267 1 2024-04-01 2025-03-31 11906267 frs-bus:Director1 2024-04-01 2025-03-31 11906267 frs-bus:Director2 2024-04-01 2025-03-31 11906267 frs-countries:EnglandWales 2024-04-01 2025-03-31 11906267 2023-03-31 11906267 2024-03-31 11906267 2023-04-01 2024-03-31 11906267 frs-core:CurrentFinancialInstruments 2024-03-31 11906267 frs-core:Non-currentFinancialInstruments 2024-03-31 11906267 frs-core:BetweenOneFiveYears 2024-03-31 11906267 frs-core:WithinOneYear 2024-03-31 11906267 frs-core:ShareCapital 2024-03-31 11906267 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 11906267
Montane Finance Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Digi Accounts and Tax Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 11906267
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 402 402
Tangible Assets 5 133,104 34,446
133,506 34,848
CURRENT ASSETS
Debtors 6 129,298 89,898
Cash at bank and in hand 298,219 86,606
427,517 176,504
Creditors: Amounts Falling Due Within One Year 7 (152,264 ) (47,723 )
NET CURRENT ASSETS (LIABILITIES) 275,253 128,781
TOTAL ASSETS LESS CURRENT LIABILITIES 408,759 163,629
Creditors: Amounts Falling Due After More Than One Year 8 (84,902 ) (29,459 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (11,992 ) (6,545 )
NET ASSETS 311,865 127,625
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 311,765 127,525
SHAREHOLDERS' FUNDS 311,865 127,625
Page 1
Page 2
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
Mr Scott Murcott
Director
2 September 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Montane Finance Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11906267 . The registered office is 8 The Quadrant, Buxton, SK17 6AW.
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 from the rendering of services. Turnover is reduced for estimated client refunds, 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
Other intangible assets relate to website development. It is amortised to 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 15% Reducing Balance
Computer Equipment 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. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of
financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
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 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.
2.8. Cash and Cash Equivalents
Cash and cash equivalents comprise cash on hand and demand deposits and other short-term
highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk to changes in value.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 3)
4 3
4. Intangible Assets
Other
£
Cost
As at 1 April 2024 1,362
As at 31 March 2025 1,362
Amortisation
As at 1 April 2024 960
As at 31 March 2025 960
Net Book Value
As at 31 March 2025 402
As at 1 April 2024 402
Page 4
Page 5
5. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 56,090 3,254 59,344
Additions 103,825 - 103,825
As at 31 March 2025 159,915 3,254 163,169
Depreciation
As at 1 April 2024 21,644 3,254 24,898
Provided during the period 5,167 - 5,167
As at 31 March 2025 26,811 3,254 30,065
Net Book Value
As at 31 March 2025 133,104 - 133,104
As at 1 April 2024 34,446 - 34,446
6. Debtors
2025 2024
£ £
Due within one year
Amounts recoverable on contracts - 15,600
Other debtors 129,298 74,298
129,298 89,898
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 48,599 11,398
Bank loans and overdrafts - 3,143
Corporation tax 77,763 23,319
Other taxes and social security 5,826 5,529
Net wages 800 -
Directors' loan accounts 19,276 4,334
152,264 47,723
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 66,818 11,528
Bank loans 18,084 17,931
84,902 29,459
Page 5
Page 6
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 48,599 11,398
Later than one year and not later than five years 66,818 11,528
115,417 22,926
115,417 22,926
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
11. Related Party Transactions
During the year the company provided a loan to Montane I S Limited, a company in which Mr S Murcott has a controlling interest. This loan is non-interest bearing and is due for repayment by 31st March 2025. 
12. Controlling Party
The company's controlling party is Scott Murcott by virtue of his ownership of 80% of the issued share capital in the company.
Page 6