Acorah Software Products - Accounts Production 15.0.600 false true true 31 December 2022 1 July 2021 false 1 January 2023 30 November 2023 30 November 2023 07681963 Mr Alexander Clark Mr Matthew Parker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07681963 2022-12-31 07681963 2023-11-30 07681963 2023-01-01 2023-11-30 07681963 frs-core:CurrentFinancialInstruments 2023-11-30 07681963 frs-core:Non-currentFinancialInstruments 2023-11-30 07681963 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-01-01 2023-11-30 07681963 frs-core:FurnitureFittings 2023-01-01 2023-11-30 07681963 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-11-30 07681963 frs-core:MotorVehicles 2023-11-30 07681963 frs-core:MotorVehicles 2023-01-01 2023-11-30 07681963 frs-core:MotorVehicles 2022-12-31 07681963 frs-core:OtherResidualIntangibleAssets 2023-11-30 07681963 frs-core:OtherResidualIntangibleAssets 2023-01-01 2023-11-30 07681963 frs-core:OtherResidualIntangibleAssets 2022-12-31 07681963 frs-core:PlantMachinery 2023-01-01 2023-11-30 07681963 frs-core:ShareCapital 2023-11-30 07681963 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 07681963 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-11-30 07681963 frs-bus:FilletedAccounts 2023-01-01 2023-11-30 07681963 frs-bus:SmallEntities 2023-01-01 2023-11-30 07681963 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-11-30 07681963 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-11-30 07681963 frs-bus:Director1 2023-01-01 2023-11-30 07681963 frs-bus:Director2 2023-01-01 2023-11-30 07681963 frs-countries:EnglandWales 2023-01-01 2023-11-30 07681963 2021-06-30 07681963 2022-12-31 07681963 2021-07-01 2022-12-31 07681963 frs-core:CurrentFinancialInstruments 2022-12-31 07681963 frs-core:Non-currentFinancialInstruments 2022-12-31 07681963 frs-core:BetweenOneFiveYears 2022-12-31 07681963 frs-core:WithinOneYear 2022-12-31 07681963 frs-core:ShareCapital 2022-12-31 07681963 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 07681963
Babble Cloud (BRY) Limited
Unaudited Financial Statements
For the Period 1 January 2023 to 30 November 2023
The Bean Counters Accountants LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 07681963
30 November 2023 31 December 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 396,010
Tangible Assets 5 - 65,909
- 461,919
CURRENT ASSETS
Debtors 6 - 2,265,053
Cash at bank and in hand - 20,563
- 2,285,616
Creditors: Amounts Falling Due Within One Year 7 - (1,735,002 )
NET CURRENT ASSETS (LIABILITIES) - 550,614
TOTAL ASSETS LESS CURRENT LIABILITIES - 1,012,533
Creditors: Amounts Falling Due After More Than One Year 8 - (19,060 )
PROVISIONS FOR LIABILITIES
Provisions For Charges - (125,467 )
Deferred Taxation - (25,511 )
NET ASSETS - 842,495
CAPITAL AND RESERVES
Called up share capital 10 300 30,000
Profit and Loss Account (300 ) 812,495
SHAREHOLDERS' FUNDS - 842,495
Page 1
Page 2
For the period ending 30 November 2023 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 Alexander Clark
Director
19/08/2024
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Babble Cloud (BRY) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07681963 . The registered office is Bury House, 31 Bury Street, London, EC3A 5AR.
During the year the company shortened its accounting period from December 2023 to November 2023. The financial statements for the current year are therefore for the 11 months to 30th November 2023 and the comparatives are for the 12 month to 31st December 2022.
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.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies.
The presentational and functional currency of Babble Cloud (BRY) Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the company operates.
2.2. Going Concern Disclosure
Prior to the period end, the trade, assets and liabilities of the company were hived across to Babble Cloud Limited, a fellow group company. Following this transaction, it is the intention of the directors to liquidate the company, pending the resolution of some outstanding administrative matters. 
The parent company has indicated its ability and intention to continue to financially support the company through the wind-down process. As a consequence, at the time of signing these financial statements, the company's forecasting shows that it remains adequately capitalised and solvent to finalise its liquidation without external assistance. This information, and an assessment of the financial resources available to the entity, leave the directors confident that the company can be wound down in an orderly and solvent manner in due course.
Whilst the company is not currently trading the directors will continue to support the company into the future to meet its financial obligations.
There were no effects as a result of these financial statements being prepared on a basis other than
going concern.
2.3. Turnover
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
It is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are licenses and are amortised to profit and loss account over its estimated economic life of 10 years.
Page 3
Page 4
2.5. 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:
Freehold 2% - 5% per annum
Plant & Machinery 25% - 33.33% per annum
Motor Vehicles 25% per annum
Fixtures & Fittings 15% - 33.33% per annum
2.6. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.7. 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Page 4
Page 5
3. Average Number of Employees
Please note from 01/01/2023 all employees were transferred over to Babble Cloud Limited payroll and became Babble Cloud Limited employees (but the costs recharged to Babble Cloud (BRY) Limited).
Average number of employees, including directors, during the period was:
NIL (2022: 57)
- 57
4. Intangible Assets
Licenses
£
Cost
As at 1 January 2023 517,129
Additions 1,200
Disposals (518,329 )
As at 30 November 2023 -
Amortisation
As at 1 January 2023 121,119
Provided during the period 4,844
Disposals (125,963 )
As at 30 November 2023 -
Net Book Value
As at 30 November 2023 -
As at 1 January 2023 396,010
5. Tangible Assets
Motor Vehicles
£
Cost
As at 1 January 2023 218,899
Disposals (218,899 )
Depreciation
As at 1 January 2023 152,990
Provided during the period (152,990 )
As at 30 November 2023 -
Net Book Value
As at 30 November 2023 -
As at 1 January 2023 65,909
Page 5
Page 6
6. Debtors
30 November 2023 31 December 2022
£ £
Due within one year
Trade debtors - 148,502
Amounts owed by group undertakings - 1,363,079
Other debtors - 513,060
- 2,024,641
Due after more than one year
Other debtors - 240,412
- 2,265,053
7. Creditors: Amounts Falling Due Within One Year
30 November 2023 31 December 2022
£ £
Net obligations under finance lease and hire purchase contracts - 13,865
Trade creditors - 282,366
Other creditors - 1,235,379
Taxation and social security - 203,392
- 1,735,002
8. Creditors: Amounts Falling Due After More Than One Year
30 November 2023 31 December 2022
£ £
Net obligations under finance lease and hire purchase contracts - 19,060
9. Obligations Under Finance Leases and Hire Purchase
30 November 2023 31 December 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 13,865
Later than one year and not later than five years - 19,060
- 32,925
- 32,925
Page 6
Page 7
10. Share Capital
30 November 2023 31 December 2022
£ £
Allotted, Called up and fully paid 300 30,000
Page 7