Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 21 December 2022 false 1 April 2024 31 December 2024 31 December 2024 14553301 Mr H Tennent Mr L Tennent iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14553301 2024-03-31 14553301 2024-12-31 14553301 2024-04-01 2024-12-31 14553301 frs-core:CurrentFinancialInstruments 2024-12-31 14553301 frs-core:Non-currentFinancialInstruments 2024-12-31 14553301 frs-core:FurnitureFittings 2024-12-31 14553301 frs-core:FurnitureFittings 2024-04-01 2024-12-31 14553301 frs-core:FurnitureFittings 2024-03-31 14553301 frs-core:NetGoodwill 2024-12-31 14553301 frs-core:NetGoodwill 2024-04-01 2024-12-31 14553301 frs-core:NetGoodwill 2024-03-31 14553301 frs-core:MotorVehicles 2024-12-31 14553301 frs-core:MotorVehicles 2024-04-01 2024-12-31 14553301 frs-core:MotorVehicles 2024-03-31 14553301 frs-core:PlantMachinery 2024-12-31 14553301 frs-core:PlantMachinery 2024-04-01 2024-12-31 14553301 frs-core:PlantMachinery 2024-03-31 14553301 frs-core:ShareCapital 2024-12-31 14553301 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 14553301 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2024-12-31 14553301 frs-bus:FilletedAccounts 2024-04-01 2024-12-31 14553301 frs-bus:SmallEntities 2024-04-01 2024-12-31 14553301 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2024-12-31 14553301 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2024-12-31 14553301 frs-bus:Director1 2024-04-01 2024-12-31 14553301 frs-bus:Director2 2024-04-01 2024-12-31 14553301 frs-countries:EnglandWales 2024-04-01 2024-12-31 14553301 2022-12-20 14553301 2024-03-31 14553301 2022-12-21 2024-03-31 14553301 frs-core:CurrentFinancialInstruments 2024-03-31 14553301 frs-core:Non-currentFinancialInstruments 2024-03-31 14553301 frs-core:ShareCapital 2024-03-31 14553301 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 14553301
Courtman (Management) Ltd
Unaudited Financial Statements
For the Period 1 April 2024 to 31 December 2024
C&H Stedman
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14553301
31 December 2024 31 March 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 2,584,000 -
Tangible Assets 5 226,483 -
2,810,483 -
CURRENT ASSETS
Debtors 6 119,755 2
Cash at bank and in hand 2,886,057 18,376
3,005,812 18,378
Creditors: Amounts Falling Due Within One Year 7 (5,465,804 ) (2,985 )
NET CURRENT ASSETS (LIABILITIES) (2,459,992 ) 15,393
TOTAL ASSETS LESS CURRENT LIABILITIES 350,491 15,393
Creditors: Amounts Falling Due After More Than One Year 8 (10,000 ) (10,000 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (39,561 ) -
NET ASSETS 300,930 5,393
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 300,928 5,391
SHAREHOLDERS' FUNDS 300,930 5,393
Page 1
Page 2
For the period ending 31 December 2024 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 L Tennent
Director
28 August 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
Courtman (Management) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14553301 . The registered office is 35 Boulton Road, Reading, RG2 0NH.
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 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:
Plant & Machinery 20% straight line
Motor Vehicles 25% reducing balance
Fixtures & Fittings 20% straight line
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.
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 period, 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.
3. Average Number of Employees
The average number of employees during the year was 7 (2024: NIL)
7 -
Page 3
Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 -
Additions 2,720,000
As at 31 December 2024 2,720,000
Amortisation
As at 1 April 2024 -
Provided during the period 136,000
As at 31 December 2024 136,000
Net Book Value
As at 31 December 2024 2,584,000
As at 1 April 2024 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 April 2024 - - - -
Additions 77,818 180,194 3,390 261,402
As at 31 December 2024 77,818 180,194 3,390 261,402
Depreciation
As at 1 April 2024 - - - -
Provided during the period 12,436 22,051 432 34,919
As at 31 December 2024 12,436 22,051 432 34,919
Net Book Value
As at 31 December 2024 65,382 158,143 2,958 226,483
As at 1 April 2024 - - - -
6. Debtors
31 December 2024 31 March 2024
£ £
Due within one year
Other debtors 119,755 2
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
31 December 2024 31 March 2024
£ £
Trade creditors - 262
Other creditors 5,224,342 -
Taxation and social security 241,462 2,723
5,465,804 2,985
8. Creditors: Amounts Falling Due After More Than One Year
31 December 2024 31 March 2024
£ £
Loan - HTL (Estates) Ltd 10,000 10,000
9. Share Capital
31 December 2024 31 March 2024
£ £
Called Up Share Capital not Paid - 2
Called Up Share Capital has been paid up 2 -
Amount of Allotted, Called Up Share Capital 2 2
Page 5