Acorah Software Products - Accounts Production 19.4.351 false true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 04886995 Mr Alex Brown Mrs Helena Brown iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04886995 2025-03-31 04886995 2026-03-31 04886995 2025-04-01 2026-03-31 04886995 frs-core:CurrentFinancialInstruments 2026-03-31 04886995 frs-core:BetweenOneFiveYears 2026-03-31 04886995 frs-core:ComputerEquipment 2026-03-31 04886995 frs-core:ComputerEquipment 2025-04-01 2026-03-31 04886995 frs-core:ComputerEquipment 2025-03-31 04886995 frs-core:NetGoodwill 2026-03-31 04886995 frs-core:NetGoodwill 2025-04-01 2026-03-31 04886995 frs-core:NetGoodwill 2025-03-31 04886995 frs-core:WithinOneYear 2026-03-31 04886995 frs-core:RevaluationReserve 2026-03-31 04886995 frs-core:ShareCapital 2026-03-31 04886995 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 04886995 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 04886995 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 04886995 frs-bus:SmallEntities 2025-04-01 2026-03-31 04886995 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 04886995 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 04886995 frs-bus:Director1 2025-04-01 2026-03-31 04886995 frs-bus:Director2 2025-04-01 2026-03-31 04886995 frs-countries:EnglandWales 2025-04-01 2026-03-31 04886995 2024-03-31 04886995 2025-03-31 04886995 2024-04-01 2025-03-31 04886995 frs-core:CurrentFinancialInstruments 2025-03-31 04886995 frs-core:BetweenOneFiveYears 2025-03-31 04886995 frs-core:WithinOneYear 2025-03-31 04886995 frs-core:RevaluationReserve 2025-03-31 04886995 frs-core:ShareCapital 2025-03-31 04886995 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 04886995
Meredith Brown Associates Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04886995
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 6,803 9,071
6,803 9,071
CURRENT ASSETS
Debtors 6 129,444 77,498
Investments 7 270,918 258,654
Cash at bank and in hand 366,351 363,261
766,713 699,413
Creditors: Amounts Falling Due Within One Year 8 (236,978 ) (160,421 )
NET CURRENT ASSETS (LIABILITIES) 529,735 538,992
TOTAL ASSETS LESS CURRENT LIABILITIES 536,538 548,063
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,701 ) (1,723 )
NET ASSETS 534,837 546,340
CAPITAL AND RESERVES
Called up share capital 9 150 150
Revaluation reserve 73,917 61,653
Profit and Loss Account 460,770 484,537
SHAREHOLDERS' FUNDS 534,837 546,340
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
Mr Alex Brown
Director
07/10/2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Meredith Brown Associates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04886995 . The registered office is Salisbury House, London Wall, London, EC2M 5QQ.
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 revenue recognised by the Company in respect of services supplied during the year, exclusive of Value Added Tax and trade discounts.
Turnover is recognised when all terms of the engagement and contracts are satisfied with no recourse.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis to the Statement of Comprehensive Income over its useful economic life which has been assessed as 10 years.
At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.
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:
Computer Equipment 25% reducing balance
2.5. Financial Instruments
The Company only enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors, cash at bank and in hand, loans to/from related parties.
Trade debtors, other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Trade creditors, other creditors and loans from related parties are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade and other debtors, and loans to related parties.
Interest bearing borrowings, such as bank loans, classified as basic financial instruments are recognised initially at the present value of future payments discounted at a market rate of interest. Thereafter they are stated at amortised cost using the effective interest method.
Cash and cash equivalents comprise cash balances and call deposits. Bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Page 3
Page 4
2.6. 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.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2025: 11)
12 11
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2025 18,861
As at 31 March 2026 18,861
Amortisation
As at 1 April 2025 18,861
As at 31 March 2026 18,861
Net Book Value
As at 31 March 2026 -
As at 1 April 2025 -
Page 4
Page 5
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2025 17,646
As at 31 March 2026 17,646
Depreciation
As at 1 April 2025 8,575
Provided during the period 2,268
As at 31 March 2026 10,843
Net Book Value
As at 31 March 2026 6,803
As at 1 April 2025 9,071
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 110,558 37,485
Other debtors 18,886 40,013
129,444 77,498
7. Current Asset Investments
2026 2025
£ £
Unlisted investments 270,918 258,654
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 20,855 13,448
Bank loans and overdrafts 1,225 2,142
Other creditors 78,870 57,915
Taxation and social security 136,028 86,916
236,978 160,421
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 150 150
Page 5
Page 6
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2026 2025
£ £
Not later than one year 34,805 45,607
Later than one year and not later than five years 8,936 45,571
43,741 91,178
11. Pension Commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £Nil (2025 - £Nil) were due to the fund. They are included in Other Creditors.
Page 6