Acorah Software Products - Accounts Production 19.3.550 false true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 04508157 Mrs D Butler Mr G Hale Mr A Pells Mrs J Spaulding Mr A Martin true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04508157 2025-03-31 04508157 2026-03-31 04508157 2025-04-01 2026-03-31 04508157 frs-core:CurrentFinancialInstruments 2026-03-31 04508157 frs-core:Non-currentFinancialInstruments 2026-03-31 04508157 frs-core:ComputerEquipment 2026-03-31 04508157 frs-core:ComputerEquipment 2025-04-01 2026-03-31 04508157 frs-core:ComputerEquipment 2025-03-31 04508157 frs-core:FurnitureFittings 2026-03-31 04508157 frs-core:FurnitureFittings 2025-04-01 2026-03-31 04508157 frs-core:FurnitureFittings 2025-03-31 04508157 frs-core:NetGoodwill 2026-03-31 04508157 frs-core:NetGoodwill 2025-03-31 04508157 frs-core:OtherResidualIntangibleAssets 2026-03-31 04508157 frs-core:OtherResidualIntangibleAssets 2025-03-31 04508157 frs-core:ShareCapital 2026-03-31 04508157 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 04508157 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 04508157 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 04508157 frs-bus:SmallEntities 2025-04-01 2026-03-31 04508157 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 04508157 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 04508157 1 2025-04-01 2026-03-31 04508157 frs-bus:Director1 2025-04-01 2026-03-31 04508157 frs-bus:Director2 2025-04-01 2026-03-31 04508157 frs-bus:Director3 2025-04-01 2026-03-31 04508157 frs-bus:Director4 2025-04-01 2026-03-31 04508157 frs-bus:Director5 2025-04-01 2026-03-31 04508157 frs-countries:EnglandWales 2025-04-01 2026-03-31 04508157 2024-03-31 04508157 2025-03-31 04508157 2024-04-01 2025-03-31 04508157 frs-core:CurrentFinancialInstruments 2025-03-31 04508157 frs-core:Non-currentFinancialInstruments 2025-03-31 04508157 frs-core:ShareCapital 2025-03-31 04508157 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 04508157
Condy Mathias Financial Planners Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04508157
2026 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1,247,719 1,247,719
Tangible Assets 5 18,363 27,561
1,266,082 1,275,280
CURRENT ASSETS
Debtors 6 821,403 505,495
Cash at bank and in hand 121,231 157,635
942,634 663,130
Creditors: Amounts Falling Due Within One Year 7 (382,832 ) (293,132 )
NET CURRENT ASSETS (LIABILITIES) 559,802 369,998
TOTAL ASSETS LESS CURRENT LIABILITIES 1,825,884 1,645,278
Creditors: Amounts Falling Due After More Than One Year 8 - (7,804 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,591 ) (6,890 )
NET ASSETS 1,821,293 1,630,584
CAPITAL AND RESERVES
Called up share capital 9 1,295,200 1,295,200
Profit and Loss Account 526,093 335,384
SHAREHOLDERS' FUNDS 1,821,293 1,630,584
Page 1
Page 2
For the year ending 31 March 2026 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
Mrs J Spaulding
Director
31 July 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
Condy Mathias Financial Planners Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04508157 . The registered office is Park House, 28 Outland Road, Plymouth, Devon, PL2 3DE.
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 comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Fee income is recognised as follows:
New business - 7 days after the provider has put the policy on risk or made the investment.
Renewal fees - the date earned per the provider. 
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 & Fittings 20% or 25% straight line, and 25% reducing balance
Office Equipment 33% 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 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
2.5. Pensions
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 20 (2025: 20)
20 20
4. Intangible Assets
Goodwill Website Total
£ £ £
Cost
As at 1 April 2025 1,710,000 3,660 1,713,660
As at 31 March 2026 1,710,000 3,660 1,713,660
Amortisation
As at 1 April 2025 462,281 3,660 465,941
As at 31 March 2026 462,281 3,660 465,941
Net Book Value
As at 31 March 2026 1,247,719 - 1,247,719
As at 1 April 2025 1,247,719 - 1,247,719
5. Tangible Assets
Fixtures & Fittings Office Equipment Total
£ £ £
Cost
As at 1 April 2025 86,049 159,234 245,283
Additions 1,850 2,854 4,704
As at 31 March 2026 87,899 162,088 249,987
Depreciation
As at 1 April 2025 77,683 140,039 217,722
Provided during the period 2,171 11,731 13,902
As at 31 March 2026 79,854 151,770 231,624
Net Book Value
As at 31 March 2026 8,045 10,318 18,363
As at 1 April 2025 8,366 19,195 27,561
Page 4
Page 5
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 43,575 36,000
Amounts owed by group undertakings 683,265 428,618
Other debtors 94,563 40,877
821,403 505,495
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 93,154 27,060
Bank loans and overdrafts 7,904 10,311
Other creditors 15,891 17,239
Taxation and social security 265,883 238,522
382,832 293,132
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans > 1 year - 7,804
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1,295,200 1,295,200
10. Ultimate Controlling Party
The company's immediate parent is Condy Mathias (Holdings) Limited, (registered office 6, Houndiscombe Road, Plymouth, Devon PL4 6HH) incorporated in England & Wales, by virtue of it's ownership of 100% of the issued share capital in the company.
Page 5