IRIS Accounts Production v26.1.0.640 06386364 Board of Directors Board of Directors 1.4.25 31.3.26 31.3.26 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 06386364 2025-03-31 06386364 2026-03-31 06386364 2025-04-01 2026-03-31 06386364 2024-03-31 06386364 2024-04-01 2025-03-31 06386364 2025-03-31 06386364 ns15:EnglandWales 2025-04-01 2026-03-31 06386364 ns14:PoundSterling 2025-04-01 2026-03-31 06386364 ns10:Director1 2025-04-01 2026-03-31 06386364 ns10:Director2 2025-04-01 2026-03-31 06386364 ns10:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 06386364 ns10:SmallEntities 2025-04-01 2026-03-31 06386364 ns10:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 06386364 ns10:SmallCompaniesRegimeForDirectorsReport 2025-04-01 2026-03-31 06386364 ns10:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 06386364 ns10:FullAccounts 2025-04-01 2026-03-31 06386364 1 2025-04-01 2026-03-31 06386364 ns10:RegisteredOffice 2025-04-01 2026-03-31 06386364 ns5:CurrentFinancialInstruments 2026-03-31 06386364 ns5:CurrentFinancialInstruments 2025-03-31 06386364 ns5:Non-currentFinancialInstruments 2026-03-31 06386364 ns5:Non-currentFinancialInstruments 2025-03-31 06386364 ns5:ShareCapital 2026-03-31 06386364 ns5:ShareCapital 2025-03-31 06386364 ns5:SharePremium 2026-03-31 06386364 ns5:SharePremium 2025-03-31 06386364 ns5:RevaluationReserve 2026-03-31 06386364 ns5:RevaluationReserve 2025-03-31 06386364 ns5:CapitalRedemptionReserve 2026-03-31 06386364 ns5:CapitalRedemptionReserve 2025-03-31 06386364 ns5:RetainedEarningsAccumulatedLosses 2026-03-31 06386364 ns5:NetGoodwill 2025-04-01 2026-03-31 06386364 ns5:IntangibleAssetsOtherThanGoodwill 2025-04-01 2026-03-31 06386364 ns5:PatentsTrademarksLicencesConcessionsSimilar 2025-04-01 2026-03-31 06386364 ns5:LongLeaseholdAssets ns5:LandBuildings 2025-04-01 2026-03-31 06386364 ns5:PlantMachinery 2025-04-01 2026-03-31 06386364 ns5:FurnitureFittings 2025-04-01 2026-03-31 06386364 ns5:ComputerEquipment 2025-04-01 2026-03-31 06386364 ns5:NetGoodwill 2025-03-31 06386364 ns5:PatentsTrademarksLicencesConcessionsSimilar 2025-03-31 06386364 ns5:NetGoodwill 2026-03-31 06386364 ns5:PatentsTrademarksLicencesConcessionsSimilar 2026-03-31 06386364 ns5:NetGoodwill 2025-03-31 06386364 ns5:PatentsTrademarksLicencesConcessionsSimilar 2025-03-31 06386364 ns5:LongLeaseholdAssets ns5:LandBuildings 2025-03-31 06386364 ns5:PlantMachinery 2025-03-31 06386364 ns5:FurnitureFittings 2025-03-31 06386364 ns5:ComputerEquipment 2025-03-31 06386364 ns5:LongLeaseholdAssets ns5:LandBuildings 2026-03-31 06386364 ns5:PlantMachinery 2026-03-31 06386364 ns5:FurnitureFittings 2026-03-31 06386364 ns5:ComputerEquipment 2026-03-31 06386364 ns5:LongLeaseholdAssets ns5:LandBuildings 2025-03-31 06386364 ns5:PlantMachinery 2025-03-31 06386364 ns5:FurnitureFittings 2025-03-31 06386364 ns5:ComputerEquipment 2025-03-31 06386364 ns5:CostValuation 2025-03-31 06386364 ns5:RevaluationsIncreaseDecreaseInInvestments 2026-03-31 06386364 ns5:CostValuation 2026-03-31 06386364 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2026-03-31 06386364 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2025-03-31 06386364 ns5:DeferredTaxation 2025-03-31 06386364 ns5:DeferredTaxation 2026-03-31

REGISTERED NUMBER: 06386364 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

MORTGAGE MEDICS LIMITED

| MORTGAGE MEDICS LIMITED (REGISTERED NUMBER: 06386364) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| MORTGAGE MEDICS LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2026

| DIRECTORS: | J Bloomfield

| S A Murphy

| REGISTERED OFFICE: | 353A Portland Road

| Hove

| East Sussex

| BN3 5SF

| REGISTERED NUMBER: | 06386364 (England and Wales)

| ACCOUNTANTS: | Galloways Accounting (Hove) Limited

| 15 West Street

| Brighton

| East Sussex

| BN1 2RL

| MORTGAGE MEDICS LIMITED (REGISTERED NUMBER: 06386364) |

BALANCE SHEET

31 MARCH 2026

| 2026 | 2025 |

| as restated |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 29,027 |  | 12,809 |  |

Tangible assets | 5 | 19,911 |  | 27,187 |  |

Investments | 6 | 64,764 |  | 54,694 |  |

113,702 |  | 94,690 |  |

CURRENT ASSETS

Cash at bank | 111,342 |  | 177,916 |  |

CREDITORS

Amounts falling due within one year | 7 | 54,794 |  | 80,414 |  |

NET CURRENT ASSETS | 56,548 |  | 97,502 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 170,250 |  | 192,192 |  |

CREDITORS

Amounts falling due after more than one year | 8 | - |  | (1,667 | ) |

PROVISIONS FOR LIABILITIES | 9 | (2,087 | ) | (2,878 | ) |

NET ASSETS | 168,163 |  | 187,647 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Share premium | 49 |  | 49 |  |

Fair value reserve | 14,496 |  | 4,694 |  |

Capital redemption reserve | (2,999 | ) | (2,999 | ) |

Retained earnings | 156,517 |  | 185,803 |  |

168,163 |  | 187,647 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

| MORTGAGE MEDICS LIMITED (REGISTERED NUMBER: 06386364) |

BALANCE SHEET - continued

31 MARCH 2026

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 May 2026 and were signed on its behalf by:

J Bloomfield - Director

S A Murphy - Director

| MORTGAGE MEDICS LIMITED (REGISTERED NUMBER: 06386364) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1. | STATUTORY INFORMATION

| Mortgage Medics Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| Turnover

| Turnover represents fees generated from mortgage referral services and is recognised at the point the services are concluded.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of customer lists in 2025 & 2026, is being amortised evenly over its estimated useful life of seven years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Patents and licences are being amortised evenly over their estimated useful life of ten years.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Long leasehold | - | 10% on cost

| Plant and machinery | - | 25% on cost

| Fixtures and fittings | - | 33% on cost

| Computer equipment | - | 33% on cost

| Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| MORTGAGE MEDICS LIMITED (REGISTERED NUMBER: 06386364) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

2. | ACCOUNTING POLICIES - continued

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Fixed asset investments

| Fixed asset investments are initially measured at cost, subsequently they are measured at fair value with any gains or losses recognised in the profit and loss account. The net overall gain on revaluation is subsequently transferred to a non-distributable reserve, through a transfer between reserves.

3. | EMPLOYEES

| The average number of employees during the year was 12 (2025 - 11 ) .

4. | INTANGIBLE FIXED ASSETS

| Patents |

| and |

| Goodwill |  | licences |  | Totals

£ | £ | £ |

| COST

| At 1 April 2025 | 9,019 |  | 3,790 |  | 12,809 |  |

| Additions | 20,466 |  | 526 |  | 20,992 |  |

| At 31 March 2026 | 29,485 |  | 4,316 |  | 33,801 |  |

| AMORTISATION

| Amortisation for year | 2,961 |  | 1,813 |  | 4,774 |  |

| At 31 March 2026 | 2,961 |  | 1,813 |  | 4,774 |  |

| NET BOOK VALUE

| At 31 March 2026 | 26,524 |  | 2,503 |  | 29,027 |  |

| At 31 March 2025 | 9,019 |  | 3,790 |  | 12,809 |  |

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| Long |  | Plant and |  | and |  | Computer |

| leasehold |  | machinery |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 April 2025 | 94,282 |  | 3,395 |  | 51,781 |  | 32,050 |  | 181,508 |  |

| Additions | - |  | - |  | 4,185 |  | 391 |  | 4,576 |  |

| At 31 March 2026 | 94,282 |  | 3,395 |  | 55,966 |  | 32,441 |  | 186,084 |  |

| DEPRECIATION

| At 1 April 2025 | 71,574 |  | 3,395 |  | 48,420 |  | 30,932 |  | 154,321 |  |

| Charge for year | 9,429 |  | - |  | 1,654 |  | 769 |  | 11,852 |  |

| At 31 March 2026 | 81,003 |  | 3,395 |  | 50,074 |  | 31,701 |  | 166,173 |  |

| NET BOOK VALUE

| At 31 March 2026 | 13,279 |  | - |  | 5,892 |  | 740 |  | 19,911 |  |

| At 31 March 2025 | 22,708 |  | - |  | 3,361 |  | 1,118 |  | 27,187 |  |

| MORTGAGE MEDICS LIMITED (REGISTERED NUMBER: 06386364) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

6. | FIXED ASSET INVESTMENTS

| Other

| investments

£ |

| COST OR VALUATION

| At 1 April 2025 | 54,694 |  |

| Revaluations | 10,070 |  |

| At 31 March 2026 | 64,764 |  |

| NET BOOK VALUE

| At 31 March 2026 | 64,764 |  |

| At 31 March 2025 | 54,694 |  |

| Cost or valuation at 31 March 2026 is represented by:

| Other

| investments

£ |

| Valuation in 2024 | 4,163 |  |

| Valuation in 2025 | 263 |  |

| Valuation in 2026 | 10,070 |  |

| Cost | 50,268 |  |

64,764 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

| as restated |

£ | £ |

| Bank loans and overdrafts | 1,666 |  | 10,000 |  |

| Tax | 14,838 |  | 44,113 |  |

| Social security and other taxes | 23,453 |  | 13,790 |  |

| Other creditors | 8,742 |  | 8,012 |  |

| Directors' loan accounts | 884 |  | 599 |  |

| Accrued expenses | 5,211 |  | 3,900 |  |

54,794 |  | 80,414 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2026 | 2025 |

| as restated |

£ | £ |

| Bank loans - 1-2 years | - |  | 1,667 |  |

9. | PROVISIONS FOR LIABILITIES

2026 | 2025 |

| as restated |

£ | £ |

| Deferred tax | 2,087 |  | 2,878 |  |

| MORTGAGE MEDICS LIMITED (REGISTERED NUMBER: 06386364) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

9. | PROVISIONS FOR LIABILITIES - continued

| Deferred |

| tax |

£ |

| Balance at 1 April 2025 | 2,878 |  |

| Accelerated capital allowances | (791 | ) |

| Balance at 31 March 2026 | 2,087 |  |