Acorah Software Products - Accounts Production 19.1.200 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 07713490 Dr Rachel McMorrow Mr Gerry McMorrow Mr Gerry McMorrow false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07713490 2024-07-31 07713490 2025-07-31 07713490 2024-08-01 2025-07-31 07713490 frs-core:CurrentFinancialInstruments 2025-07-31 07713490 frs-core:Non-currentFinancialInstruments 2025-07-31 07713490 frs-core:NetGoodwill 2025-07-31 07713490 frs-core:NetGoodwill 2024-08-01 2025-07-31 07713490 frs-core:NetGoodwill 2024-07-31 07713490 frs-core:PlantMachinery 2025-07-31 07713490 frs-core:PlantMachinery 2024-08-01 2025-07-31 07713490 frs-core:PlantMachinery 2024-07-31 07713490 frs-core:ShareCapital 2025-07-31 07713490 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 07713490 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 07713490 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 07713490 frs-bus:SmallEntities 2024-08-01 2025-07-31 07713490 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 07713490 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 07713490 1 2024-08-01 2025-07-31 07713490 frs-bus:Director1 2024-08-01 2025-07-31 07713490 frs-bus:Director2 2024-08-01 2025-07-31 07713490 frs-bus:CompanySecretary1 2024-08-01 2025-07-31 07713490 frs-countries:EnglandWales 2024-08-01 2025-07-31 07713490 2023-07-31 07713490 2024-07-31 07713490 2023-08-01 2024-07-31 07713490 frs-core:CurrentFinancialInstruments 2024-07-31 07713490 frs-core:Non-currentFinancialInstruments 2024-07-31 07713490 frs-core:ShareCapital 2024-07-31 07713490 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 07713490
THEFAMILYPSYCHOLOGIST LTD
Unaudited Financial Statements
For The Year Ended 31 July 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07713490
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 4,343 5,791
4,343 5,791
CURRENT ASSETS
Debtors 6 253,856 253,086
Cash at bank and in hand 19,292 2,045
273,148 255,131
Creditors: Amounts Falling Due Within One Year 7 (254,543 ) (226,803 )
NET CURRENT ASSETS (LIABILITIES) 18,605 28,328
TOTAL ASSETS LESS CURRENT LIABILITIES 22,948 34,119
Creditors: Amounts Falling Due After More Than One Year 8 (21,695 ) (32,872 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 9 (1,086 ) (1,100 )
NET ASSETS 167 147
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 67 47
SHAREHOLDERS' FUNDS 167 147
Page 1
Page 2
For the year ending 31 July 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
Dr Rachel McMorrow
Director
Mr Gerry McMorrow
Director
23/04/2026
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
THEFAMILYPSYCHOLOGIST LTD is a private company, limited by shares, incorporated in England & Wales, registered number 07713490 . The registered office is 26 Church Street, Kidderminster, DY10 2AH.
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 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 - 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 profit and loss account over its estimated economic life of .... 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% on a reducing 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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 19 (2024: 15)
19 15
4. Intangible Assets
Goodwill
£
Cost
As at 1 August 2024 8,500
As at 31 July 2025 8,500
Amortisation
As at 1 August 2024 8,500
As at 31 July 2025 8,500
Net Book Value
As at 31 July 2025 -
As at 1 August 2024 -
5. Tangible Assets
Plant & Machinery
£
Cost
As at 1 August 2024 24,179
As at 31 July 2025 24,179
Depreciation
As at 1 August 2024 18,388
Provided during the period 1,448
As at 31 July 2025 19,836
Net Book Value
As at 31 July 2025 4,343
As at 1 August 2024 5,791
6. Debtors
2025 2024
£ £
Due within one year
Amounts owed by participating interests 252,856 252,086
Other debtors 1,000 1,000
253,856 253,086
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 5,622 2,238
Other creditors 162,211 167,399
Taxation and social security 86,710 57,166
254,543 226,803
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 21,695 32,872
9. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Other timing differences 1,086 1,100
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
11. Pension Commitments
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £11,951 were due to the fund. They are included in Other Creditors.
12. Controlling Party
The company's controlling party is Dr R McMorrow by virtue of their ownership of the issued share capital in the company and their holding in the associated company.
Page 5