Acorah Software Products - Accounts Production 14.5.601 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 04549411 Mr Adam Ramsey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04549411 2022-10-31 04549411 2023-10-31 04549411 2022-11-01 2023-10-31 04549411 frs-core:CurrentFinancialInstruments 2023-10-31 04549411 frs-core:Non-currentFinancialInstruments 2023-10-31 04549411 frs-core:PlantMachinery 2023-10-31 04549411 frs-core:PlantMachinery 2022-11-01 2023-10-31 04549411 frs-core:PlantMachinery 2022-10-31 04549411 frs-core:ShareCapital 2023-10-31 04549411 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 04549411 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 04549411 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 04549411 frs-bus:SmallEntities 2022-11-01 2023-10-31 04549411 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 04549411 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 04549411 frs-bus:Director1 2022-11-01 2023-10-31 04549411 frs-countries:EnglandWales 2022-11-01 2023-10-31 04549411 2021-10-31 04549411 2022-10-31 04549411 2021-11-01 2022-10-31 04549411 frs-core:CurrentFinancialInstruments 2022-10-31 04549411 frs-core:Non-currentFinancialInstruments 2022-10-31 04549411 frs-core:ShareCapital 2022-10-31 04549411 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 04549411
Ramsey Languages Limited
Financial Statements
For The Year Ended 31 October 2023
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04549411
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 63
- 63
CURRENT ASSETS
Debtors 5 16,642 14,952
Cash at bank and in hand 4,774 3,590
21,416 18,542
Creditors: Amounts Falling Due Within One Year 6 (10,164 ) (8,477 )
NET CURRENT ASSETS (LIABILITIES) 11,252 10,065
TOTAL ASSETS LESS CURRENT LIABILITIES 11,252 10,128
Creditors: Amounts Falling Due After More Than One Year 7 (9,277 ) (10,695 )
NET ASSETS/(LIABILITIES) 1,975 (567 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 1,875 (667 )
SHAREHOLDERS' FUNDS 1,975 (567)
Page 1
Page 2
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Adam Ramsey
Director
4th March 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Ramsey Languages Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04549411 . The registered office is 11 Lime Walk, Market Rasen, LN8 3SP.
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 invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Plant & Machinery 25% on cost
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 1 1
1 1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 November 2022 3,689
As at 31 October 2023 3,689
Depreciation
As at 1 November 2022 3,626
Provided during the period 63
As at 31 October 2023 3,689
Net Book Value
As at 31 October 2023 -
As at 1 November 2022 63
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5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 16,482 14,792
Prepayments and accrued income 160 160
16,642 14,952
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Corporation tax 8,469 6,343
VAT 695 1,036
Accruals and deferred income 795 795
Director's loan account 205 303
10,164 8,477
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 9,277 10,695
9,277 10,695
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
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