Abacus Money Management Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—6

Registered number: 06755206

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		1,615,638		1,716,731
Tangible Assets	5		3,806		5,075
Investments	6		100		100

			1,619,544		1,721,906
CURRENT ASSETS
Debtors	7	381,659		490,753

		381,659		490,753
Creditors: Amounts Falling Due Within One Year	8	(582,924 )		(552,226 )

NET CURRENT ASSETS (LIABILITIES)			(201,265 )		(61,473 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,418,279		1,660,433

Creditors: Amounts Falling Due After More Than One Year	9		(1,377,149 )		(1,623,156 )

NET ASSETS			41,130		37,277

CAPITAL AND RESERVES
Called up share capital	10		15,099		15,099
Income Statement			26,031		22,178

SHAREHOLDERS' FUNDS			41,130		37,277

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Abacus Money Management Limited

Statement of Financial Position (continued)

As At 31 March 2026

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 Income Statement.

On behalf of the board

Mr N Greaves

Director

10 September 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Abacus Money Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06755206 . The registered office is 14 Miller Court Severn Drive, Tewkesbury Business Park, Tewkesbury, GL20 8DN.

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 of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

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 income statement over its estimated economic life of twenty years.

During the year, the Group reviewed the estimated useful economic life of goodwill in accordance with the requirements of FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland.

Previously, goodwill was amortised on a straight-line basis over 10 years. Following a reassessment of the expected future economic benefits arising from the underlying business combinations, management has determined that a useful economic life of 20 years provides a more reliable estimate. This change reflects the sustained performance, long-term customer relationships, and strategic importance of the acquired operations.

In accordance with FRS 102, this change in accounting policy has been applied prospectively from the start of the current financial year, as it was impracticable to determine the cumulative effect of applying the new policy to prior periods without the use of hindsight.

The effect of this change in the current year has been to reduce amortisation expense by £147,065, with a corresponding increase in profit before tax. The carrying amount of goodwill at the reporting date is £1,615,638.

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:

Fixtures & Fittings

25% reducing balance 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.

...CONTINUED

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Abacus Money Management Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.5. Taxation - continued

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 17 (2025: 15)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2025	2,481,576

As at 31 March 2026	2,481,576

Amortisation
As at 1 April 2025	764,845
Provided during the period	101,093

As at 31 March 2026	865,938

Net Book Value
As at 31 March 2026	1,615,638

As at 1 April 2025	1,716,731

5. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 April 2025	12,822

As at 31 March 2026	12,822

Depreciation
As at 1 April 2025	7,747
Provided during the period	1,269

As at 31 March 2026	9,016

Net Book Value
As at 31 March 2026	3,806

As at 1 April 2025	5,075

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Abacus Money Management Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 April 2025	100

As at 31 March 2026	100

Provision
As at 1 April 2025	-

As at 31 March 2026	-

Net Book Value
As at 31 March 2026	100

As at 1 April 2025	100

7. Debtors

	2026	2025
	£	£
Due within one year
Amounts owed by participating interests	365,035	471,639
Other debtors	16,624	19,114

	381,659	490,753

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	30,010	22,197
Bank loans and overdrafts	47,515	75,304
Other creditors	266,772	131,671
Taxation and social security	238,627	323,054

	582,924	552,226

There is a credit facility in place with Funding Circle which allows for factored payments (facility £44k).

9. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	-	4,490
Other loans	1,365,000	1,542,500
Amounts owed to group undertakings	12,149	76,166

	1,377,149	1,623,156

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	15,099	15,099

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Abacus Money Management Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

11. Related Party Transactions

During the year the company entered into the following transactions with related parties:

At the balance sheet date, the company was owed £201,082 (2025: £308,729) from Copperfields Financial Management Ltd, £119,670 (2025: £162,910) from Mountfield Pallets Limited and £44,283 (2025: (£53,217)) from NBL Financial Management Limited.

At the balance sheet date, the company owed £12,149 (2025: £22,949) to Westcliff Financial Management Limited.

Mr N Greaves and Mr V Greaves are directors or have a significant interest in the above named companies

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