Acorah Software Products - Accounts Production 19.3.550 false true true 31 January 2025 10 May 2024 false 1 February 2025 31 January 2026 31 January 2026 15712805 Mr Timothy Hale Mr Benjamin Edwards Mr Daniel Tutchings Mr James Baker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15712805 2025-01-31 15712805 2026-01-31 15712805 2025-02-01 2026-01-31 15712805 frs-core:CurrentFinancialInstruments 2026-01-31 15712805 frs-core:Non-currentFinancialInstruments 2026-01-31 15712805 frs-core:ShareCapital 2026-01-31 15712805 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 15712805 frs-bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 15712805 frs-bus:FilletedAccounts 2025-02-01 2026-01-31 15712805 frs-bus:SmallEntities 2025-02-01 2026-01-31 15712805 frs-bus:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 15712805 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 15712805 frs-core:UnlistedNon-exchangeTraded 2026-01-31 15712805 frs-core:UnlistedNon-exchangeTraded 2025-01-31 15712805 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-01-31 15712805 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2026-01-31 15712805 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-01-31 15712805 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2026-01-31 15712805 frs-bus:Director1 2025-02-01 2026-01-31 15712805 frs-bus:Director2 2025-02-01 2026-01-31 15712805 frs-bus:Director2 2025-01-31 15712805 frs-bus:Director2 2026-01-31 15712805 frs-bus:Director3 2025-02-01 2026-01-31 15712805 frs-bus:Director4 2025-02-01 2026-01-31 15712805 frs-countries:EnglandWales 2025-02-01 2026-01-31 15712805 2024-05-09 15712805 2025-01-31 15712805 2024-05-10 2025-01-31 15712805 frs-core:CurrentFinancialInstruments 2025-01-31 15712805 frs-core:Non-currentFinancialInstruments 2025-01-31 15712805 frs-core:ShareCapital 2025-01-31 15712805 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31
Registered number: 15712805
Moneytest Holdings Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 15712805
31 January 2026 31 January 2025
Notes £ £ £ £
FIXED ASSETS
Investments 4 3,577,924 3,577,924
3,577,924 3,577,924
CURRENT ASSETS
Debtors 5 365 2,771
Cash at bank and in hand 5,004 5,028
5,369 7,799
Creditors: Amounts Falling Due Within One Year 6 (325,809 ) (310,000 )
NET CURRENT ASSETS (LIABILITIES) (320,440 ) (302,201 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,257,484 3,275,723
Creditors: Amounts Falling Due After More Than One Year 7 (1,600,119 ) (1,930,119 )
NET ASSETS 1,657,365 1,345,604
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 1,657,364 1,345,603
SHAREHOLDERS' FUNDS 1,657,365 1,345,604
Page 1
Page 2
For the year ending 31 January 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.
The company has opted not to deliver a copy of the profit and loss account.
Signed and Approved by the Director on behalf of the Board.
Mr James Baker
Director
27/10/2026
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
Moneytest Holdings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15712805 . The registered office is Office F1 Berkeley House, Dixs Field, Exeter, Devon, EX1 1PZ.
The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.
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. Going Concern Disclosure
The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these Financial Statements. Accordingly, the going concern basis has been adopted in preparing these Financial Statements.
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:
Investments                                                       Cost less any impairment
2.4. Financial Instruments
Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instruments.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. Taxation
Tax is recognised in the profit and loss account, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity, is also recognised in other comprehensive income or directly in equity respectively.
Current tax is the amount of income tax payable in respect of taxable profits for the year or prior years and is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.
A deferred tax asset or liability is recognised for tax recoverable or payable in future periods in respect of transactions and events recognised in the financial statements of current or prior periods.
Deferred tax arises from timing differences between taxable profits for the period and those shown in the financial statements. Deferred tax is recognised on all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are only 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing differences.
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2.7. Debtors
Debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
2.8. Creditors
Creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
2.9. Interest Income
Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.
2.10. Cash and Cash Equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more
than 24 hours.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2025: NIL)
- -
4. Investments
Unlisted
£
Cost or Valuation
As at 1 February 2025 3,577,924
As at 31 January 2026 3,577,924
Provision
As at 1 February 2025 -
As at 31 January 2026 -
Net Book Value
As at 31 January 2026 3,577,924
As at 1 February 2025 3,577,924
Investment in the above Subsidiary has been recorded at cost.
5. Debtors
31 January 2026 31 January 2025
£ £
Due within one year
Other debtors 365 2,771
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6. Creditors: Amounts Falling Due Within One Year
31 January 2026 31 January 2025
£ £
Other taxes and social security 4,506 -
Accruals and deferred income 1,303 -
Directors' loan accounts 320,000 310,000
325,809 310,000
7. Creditors: Amounts Falling Due After More Than One Year
31 January 2026 31 January 2025
£ £
Directors' loan account 1,600,119 1,930,119
8. Share Capital
31 January 2026 31 January 2025
£ £
Allotted, Called up and fully paid 1 1
100 Ordinary Equity Shares held.
9. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans from directors:
As at 1 February 2025 Amounts advanced Amounts repaid Amounts written off As at 31 January 2026
£ £ £ £ £
Mr Timothy Hale (2,240,119 ) - 320,000 - (1,920,119 )
There are no set capital repayment terms. It is currently being repaid on a quarterly basis, based on profits generated in that period an estimate of £1,600,119 has been shown as not being repaid until after 1 year. Interest is payable quarterly at 1% over the UK CPI.
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