Acorah Software Products - Accounts Production 19.2.350 false true 30 November 2024 1 December 2023 false 1 December 2024 30 November 2025 30 November 2025 13034272 Mr C R Costello iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13034272 2024-11-30 13034272 2025-11-30 13034272 2024-12-01 2025-11-30 13034272 frs-core:CurrentFinancialInstruments 2025-11-30 13034272 frs-core:BetweenOneFiveYears 2025-11-30 13034272 frs-core:ComputerEquipment 2025-11-30 13034272 frs-core:ComputerEquipment 2024-12-01 2025-11-30 13034272 frs-core:ComputerEquipment 2024-11-30 13034272 frs-core:FurnitureFittings 2025-11-30 13034272 frs-core:FurnitureFittings 2024-12-01 2025-11-30 13034272 frs-core:FurnitureFittings 2024-11-30 13034272 frs-core:WithinOneYear 2025-11-30 13034272 frs-core:ShareCapital 2025-11-30 13034272 frs-core:RetainedEarningsAccumulatedLosses 2025-11-30 13034272 frs-bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 13034272 frs-bus:FilletedAccounts 2024-12-01 2025-11-30 13034272 frs-bus:SmallEntities 2024-12-01 2025-11-30 13034272 frs-bus:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 13034272 frs-bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 13034272 frs-bus:Director1 2024-12-01 2025-11-30 13034272 frs-countries:EnglandWales 2024-12-01 2025-11-30 13034272 2023-11-30 13034272 2024-11-30 13034272 2023-12-01 2024-11-30 13034272 frs-core:CurrentFinancialInstruments 2024-11-30 13034272 frs-core:BetweenOneFiveYears 2024-11-30 13034272 frs-core:WithinOneYear 2024-11-30 13034272 frs-core:ShareCapital 2024-11-30 13034272 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30
Registered number: 13034272
CRC Mortgages Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13034272
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,101 1,460
1,101 1,460
CURRENT ASSETS
Debtors 5 48,107 27,513
Cash at bank and in hand 34,371 45,554
82,478 73,067
Creditors: Amounts Falling Due Within One Year 6 (64,610 ) (52,637 )
NET CURRENT ASSETS (LIABILITIES) 17,868 20,430
TOTAL ASSETS LESS CURRENT LIABILITIES 18,969 21,890
PROVISIONS FOR LIABILITIES
Deferred Taxation (275 ) (365 )
NET ASSETS 18,694 21,525
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 18,693 21,524
SHAREHOLDERS' FUNDS 18,694 21,525
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For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 C R Costello
Director
13 April 2026
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
CRC Mortgages Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13034272 . The registered office is Liverpool Road Studios Liverpool Road Studios, Liverpool Road, Liverpool, L23 5TD.
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 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. 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 and fittings 25% Straight Line
Computer equipment 25% Straight Line
2.4. 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 or deferred 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 and deferred 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: 2)
3 2
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4. Tangible Assets
Fixtures and fittings Computer equipment Total
£ £ £
Cost
As at 1 December 2024 1,047 1,328 2,375
Additions 170 - 170
As at 30 November 2025 1,217 1,328 2,545
Depreciation
As at 1 December 2024 370 545 915
Provided during the period 268 261 529
As at 30 November 2025 638 806 1,444
Net Book Value
As at 30 November 2025 579 522 1,101
As at 1 December 2024 677 783 1,460
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 48,107 27,513
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 31,595 30,577
Taxation and social security 33,015 22,060
64,610 52,637
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
8. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 9,908 9,908
Later than one year and not later than five years 9,908 19,817
19,816 29,725
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9. Directors Advances, Credits and Guarantees
No director received advances, credits or guarantees during the current or previous accounting periods.
10. Related Party Transactions
The following related party transactions were undertaken during the year:
During the period a director introduced funds totalling £59,000 (2024: £41,291) and withdrew amounts totalling £58,869 (2024: £41,275). At the balance sheet date the amount payable to the director totalled £151 (2024: £21).
Dividends were paid to the directors in respect of their shareholdings totalling £59,000 (2024: £38,400).
No further transactions with related parties were undertaken such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
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