Company registration number 12871968 (England and Wales)
CORE FINANCIAL EFFICIENCIES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
CORE FINANCIAL EFFICIENCIES LIMITED
COMPANY INFORMATION
Directors
Mr P S Ormerod
Mrs R J Manning
Mr J B James
Company number
12871968
Registered office
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Accountants
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Bankers
The Royal Bank of Scotland Plc
Liverpool Csc
Stephenson Way
Wavertree
Liverpool
L13 1HE
CORE FINANCIAL EFFICIENCIES LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 5
CORE FINANCIAL EFFICIENCIES LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF CORE FINANCIAL EFFICIENCIES LIMITED FOR THE YEAR ENDED 31 MARCH 2026
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Core Financial Efficiencies Limited for the year ended 31 March 2026 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the b oard of d irectors of Core Financial Efficiencies Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Core Financial Efficiencies Limited and state those matters that we have agreed to state to the b oard of d irectors of Core Financial Efficiencies Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Core Financial Efficiencies Limited and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that Core Financial Efficiencies Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Core Financial Efficiencies Limited. You consider that Core Financial Efficiencies Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Core Financial Efficiencies Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory f inancial statements.

Ormerod Rutter Limited
6 August 2026
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
CORE FINANCIAL EFFICIENCIES LIMITED
BALANCE SHEET
AS AT 31 MARCH 2026
31 March 2026
- 2 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
486
782
Current assets
Debtors
4
16,805
5,426
Cash at bank and in hand
1,709
7,442
18,514
12,868
Creditors: amounts falling due within one year
5
(17,494)
(12,731)
Net current assets
1,020
137
Total assets less current liabilities
1,506
919
Provisions for liabilities
(122)
(149)
Net assets
1,384
770
Capital and reserves
Called up share capital
6
100
100
Profit and loss reserves
1,284
670
Total equity
1,384
770

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 6 August 2026 and are signed on its behalf by:
Mr J B James
Director
Company registration number 12871968 (England and Wales)
CORE FINANCIAL EFFICIENCIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 3 -
1
Accounting policies
Company information

Core Financial Efficiencies Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Oakley, Kidderminster Road, Droitwich, Worcestershire, WR9 9AY.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computer equipment
33% on cost
1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

CORE FINANCIAL EFFICIENCIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 4 -
1.5
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
3
3
3
Tangible fixed assets
Computer equipment
£
Cost
At 1 April 2025 and 31 March 2026
887
Depreciation and impairment
At 1 April 2025
105
Depreciation charged in the year
296
At 31 March 2026
401
Carrying amount
At 31 March 2026
486
At 31 March 2025
782
4
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
14,925
3,522
Amounts owed by group undertakings
55
55
Other debtors
1,825
1,849
16,805
5,426
CORE FINANCIAL EFFICIENCIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 5 -
5
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
13,332
10,920
Amounts owed to group undertakings
2,229
1,765
Taxation and social security
1,894
9
Other creditors
39
37
17,494
12,731
6
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A of £1 each
55
55
55
55
Ordinary B of £1 each
40
40
40
40
Ordinary C of £1 each
5
5
5
5
100
100
100
100
7
Control

Ultimate parent company

The ultimate parent company is Oakley Accountancy Holdings Limited, a company registered in England and Wales.

Ultimate controlling party

There is no ultimate controlling party due to no controlling interest in the ultimate parent company.

2026-03-31 2025-04-01 false false false 06 August 2026 CCH Software CCH Accounts Production 2026.200 No description of principal activity Mr P S Ormerod Mrs R J Manning Mr J B James 12871968 2025-04-01 2026-03-31 12871968 bus:Director1 2025-04-01 2026-03-31 12871968 bus:Director2 2025-04-01 2026-03-31 12871968 bus:Director3 2025-04-01 2026-03-31 12871968 bus:RegisteredOffice 2025-04-01 2026-03-31 12871968 bus:Agent1 2025-04-01 2026-03-31 12871968 2026-03-31 12871968 2025-03-31 12871968 core:ComputerEquipment 2026-03-31 12871968 core:ComputerEquipment 2025-03-31 12871968 core:WithinOneYear 2026-03-31 12871968 core:WithinOneYear 2025-03-31 12871968 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 12871968 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 12871968 core:ShareCapital 2026-03-31 12871968 core:ShareCapital 2025-03-31 12871968 core:RetainedEarningsAccumulatedLosses 2026-03-31 12871968 core:RetainedEarningsAccumulatedLosses 2025-03-31 12871968 core:ShareCapitalOrdinaryShareClass1 2026-03-31 12871968 core:ShareCapitalOrdinaryShareClass1 2025-03-31 12871968 core:ShareCapitalOrdinaryShareClass2 2026-03-31 12871968 core:ShareCapitalOrdinaryShareClass2 2025-03-31 12871968 core:ShareCapitalOrdinaryShareClass3 2026-03-31 12871968 core:ShareCapitalOrdinaryShareClass3 2025-03-31 12871968 core:ShareCapitalOrdinaryShares 2026-03-31 12871968 core:ShareCapitalOrdinaryShares 2025-03-31 12871968 core:ComputerEquipment 2025-04-01 2026-03-31 12871968 2024-04-01 2025-03-31 12871968 core:ComputerEquipment 2025-03-31 12871968 core:CurrentFinancialInstruments 2026-03-31 12871968 core:CurrentFinancialInstruments 2025-03-31 12871968 bus:OrdinaryShareClass1 2025-04-01 2026-03-31 12871968 bus:OrdinaryShareClass2 2025-04-01 2026-03-31 12871968 bus:OrdinaryShareClass3 2025-04-01 2026-03-31 12871968 bus:OrdinaryShareClass1 2026-03-31 12871968 bus:OrdinaryShareClass1 2025-03-31 12871968 bus:OrdinaryShareClass2 2026-03-31 12871968 bus:OrdinaryShareClass2 2025-03-31 12871968 bus:OrdinaryShareClass3 2026-03-31 12871968 bus:OrdinaryShareClass3 2025-03-31 12871968 bus:AllOrdinaryShares 2026-03-31 12871968 bus:AllOrdinaryShares 2025-03-31 12871968 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 12871968 bus:FRS102 2025-04-01 2026-03-31 12871968 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 12871968 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 12871968 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP