Acorah Software Products - Accounts Production 16.6.950 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 06755206 Mr V Greaves Mr N Greaves iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06755206 2024-03-31 06755206 2025-03-31 06755206 2024-04-01 2025-03-31 06755206 frs-core:CurrentFinancialInstruments 2025-03-31 06755206 frs-core:Non-currentFinancialInstruments 2025-03-31 06755206 frs-core:FurnitureFittings 2025-03-31 06755206 frs-core:FurnitureFittings 2024-04-01 2025-03-31 06755206 frs-core:FurnitureFittings 2024-03-31 06755206 frs-core:NetGoodwill 2025-03-31 06755206 frs-core:NetGoodwill 2024-04-01 2025-03-31 06755206 frs-core:NetGoodwill 2024-03-31 06755206 frs-core:ShareCapital 2025-03-31 06755206 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 06755206 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06755206 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 06755206 frs-bus:SmallEntities 2024-04-01 2025-03-31 06755206 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06755206 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06755206 frs-core:CostValuation 2024-03-31 06755206 frs-core:CostValuation 2025-03-31 06755206 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 06755206 frs-core:ProvisionsForImpairmentInvestments 2025-03-31 06755206 frs-bus:Director1 2024-04-01 2025-03-31 06755206 frs-bus:Director2 2024-04-01 2025-03-31 06755206 frs-countries:EnglandWales 2024-04-01 2025-03-31 06755206 2023-03-31 06755206 2024-03-31 06755206 2023-04-01 2024-03-31 06755206 frs-core:CurrentFinancialInstruments 2024-03-31 06755206 frs-core:Non-currentFinancialInstruments 2024-03-31 06755206 frs-core:ShareCapital 2024-03-31 06755206 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 06755206
Abacus Money Management Limited
Financial Statements
For The Year Ended 31 March 2025
Affinity Associates (AU) Limited
Suite A, First Floor, Building 1
Eurogate Business Park, Trinity Road
Ashford
Kent
TN24 8XW
Abacus Money Management Limited
Contents
Contents

| Page
--- | ---
Statement of Financial Position | 1—2
Notes to the Financial Statements | 3—5

Page 1
Abacus Money Management Limited
Statement of Financial Position
As At 31 March 2025
Statement of Financial Position
Registered number: 06755206

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 1,716,731 |  | 1,964,888
Tangible Assets | 5 |  | 5,075 |  | 6,767
Investments | 6 |  | 100 |  | 100
|  |  | 1,721,906 |  | 1,971,755
CURRENT ASSETS
Debtors | 7 | 490,753 |  | 133,167 |
|  | 490,753 |  | 133,167 |
Creditors: Amounts Falling Due Within One Year | 8 | (552,226 ) |  | (645,091 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (61,473 ) |  | (511,924 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,660,433 |  | 1,459,831
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (1,623,156 ) |  | (1,396,211 )
NET ASSETS |  |  | 37,277 |  | 63,620
CAPITAL AND RESERVES
Called up share capital | 10 |  | 15,099 |  | 15,099
Income Statement |  |  | 22,178 |  | 48,521
SHAREHOLDERS' FUNDS |  |  | 37,277 |  | 63,620

Page 1
Page 2
Abacus Money Management Limited
Statement of Financial Position (continued)
As At 31 March 2025
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 Income Statement.
On behalf of the board

Mr N Greaves Director
13 November 2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Abacus Money Management Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Abacus Money Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06755206 . The registered office is 14 Miller Court Severn Drive, Tewkesbury Business Park, Tewkesbury, GL20 8DN.
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.
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 the income statement 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:

Fixtures & Fittings | 25% reducing balance basis

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 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 15 (2024: 18)
15 18
Page 3
Page 4
Abacus Money Management Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 April 2024 | 2,481,576
As at 31 March 2025 | 2,481,576
Amortisation
As at 1 April 2024 | 516,688
Provided during the period | 248,157
As at 31 March 2025 | 764,845
Net Book Value
As at 31 March 2025 | 1,716,731
As at 1 April 2024 | 1,964,888

5. Tangible Assets

| Fixtures & Fittings
--- | ---
| £
Cost
As at 1 April 2024 | 12,822
As at 31 March 2025 | 12,822
Depreciation
As at 1 April 2024 | 6,055
Provided during the period | 1,692
As at 31 March 2025 | 7,747
Net Book Value
As at 31 March 2025 | 5,075
As at 1 April 2024 | 6,767

6. Investments

| Subsidiaries
--- | ---
| £
Cost
As at 1 April 2024 | 100
As at 31 March 2025 | 100
Provision
As at 1 April 2024 | -
As at 31 March 2025 | -
Net Book Value
As at 31 March 2025 | 100
As at 1 April 2024 | 100

Page 4
Page 5
Abacus Money Management Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Amounts owed by participating interests | 471,639 |  | 124,718
Other debtors | 19,114 |  | 8,449
| 490,753 |  | 133,167

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 22,197 |  | 16,723
Bank loans and overdrafts | 75,304 |  | 80,705
Other loans | - |  | 45,723
Other creditors | 131,671 |  | 308,286
Taxation and social security | 323,054 |  | 193,654
| 552,226 |  | 645,091

There is a credit facility in place with Funding Circle which allows for factored payments (facility £44k).
9. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 4,490 |  | 14,090
Other loans | 1,542,500 |  | 1,237,500
Amounts owed to group undertakings | 76,166 |  | 44,621
Other creditors | - |  | 100,000
| 1,623,156 |  | 1,396,211

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 15,099 |  | 15,099

11. Related Party Transactions
During the year the company entered into the following transactions with related parties:
At the balance sheet date, the company was owed £400,729 (2024: £122,014) from Copperfields Financial Management Ltd and £162,910 (2024: £2,704) from Mountfield Pallets Limited.
At the balance sheet date, the company owed £22,949 (2024: £44,621) to Westcliff Financial Management Limited, £53,217 (2024: £nil) to NBL Financial Management Limited.
Mr N Greaves and Mr V Greaves are directors or have a significant interest in the above named companies
Page 5