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REGISTERED NUMBER: 06933378 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

AMBIENCE RESPONSE LIMITED

AMBIENCE RESPONSE LIMITED (REGISTERED NUMBER: 06933378)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AMBIENCE RESPONSE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: R Mofidi





SECRETARY: S Mofidi





REGISTERED OFFICE: Suite 38-39 Pure Offices Ltd
Lake View Drive
Annesley
Nottingham
NG15 0DT





REGISTERED NUMBER: 06933378 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
Riverside House
40-46 High Street
Maidstone
Kent
ME14 1JH

AMBIENCE RESPONSE LIMITED (REGISTERED NUMBER: 06933378)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 9,662 10,870
Tangible assets 5 1,365 -
11,027 10,870

CURRENT ASSETS
Debtors 6 4,760 2,623
Cash at bank and in hand 4,425 11,597
9,185 14,220
CREDITORS
Amounts falling due within one year 7 146,154 77,910
NET CURRENT LIABILITIES (136,969 ) (63,690 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(125,942

)

(52,820

)

PROVISIONS FOR LIABILITIES 8 251 -
NET LIABILITIES (126,193 ) (52,820 )

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings (126,195 ) (52,822 )
SHAREHOLDERS' FUNDS (126,193 ) (52,820 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 July 2024 and were signed by:





R Mofidi - Director


AMBIENCE RESPONSE LIMITED (REGISTERED NUMBER: 06933378)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023


1. STATUTORY INFORMATION

Ambience Response Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going Concern
Accounting standards require the director to consider the appropriateness of the going concern basis when preparing the financial statements. The director confirms that he considers that the going concern basis remains appropriate. The director believes that the company has sufficient resources to continue in operational existence for the foreseeable future. The director believes this to be the case as the company has the support of the director via a creditor which is subject to common control and has confirmed it will not demand repayment of amounts owing to it to the detriment of the company's ability to meet its liabilities as they fall due for the foreseeable future. The director confirms financial facilities will remain available to the company for at least the next 12 months.

Thus he continues to adopt the going concern basis of accounting in preparing the annual financial statements.

Intangible assets
Brand development costs are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

AMBIENCE RESPONSE LIMITED (REGISTERED NUMBER: 06933378)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 November 2022
and 31 October 2023 12,078
AMORTISATION
At 1 November 2022 1,208
Charge for year 1,208
At 31 October 2023 2,416
NET BOOK VALUE
At 31 October 2023 9,662
At 31 October 2022 10,870

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 1,693
At 31 October 2023 1,693
DEPRECIATION
Charge for year 328
At 31 October 2023 328
NET BOOK VALUE
At 31 October 2023 1,365

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 4,760 2,623

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 108 3,538
Amounts owed to group undertakings 141,428 70,000
Taxation and social security 1,423 1,532
Other creditors 3,195 2,840
146,154 77,910

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 251 -

AMBIENCE RESPONSE LIMITED (REGISTERED NUMBER: 06933378)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Provided during year 251
Balance at 31 October 2023 251

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2

10. PENSION COMMITMENTS

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £1,605 (2022: £648 ). Contributions payable to the fund at the balance sheet date amounted to £360 (2022: £340).

11. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

12. ULTIMATE CONTROLLING PARTY

The controlling party is Acumen Global Partnership Limited.

The director believes that the company has no ultimate controlling party.