Acorah Software Products - Accounts Production 15.0.400 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 07458384 Mr Martin Hough Mr John Murphy iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07458384 2022-12-31 07458384 2023-12-31 07458384 2023-01-01 2023-12-31 07458384 frs-core:CurrentFinancialInstruments 2023-12-31 07458384 frs-core:ComputerEquipment 2023-12-31 07458384 frs-core:ComputerEquipment 2023-01-01 2023-12-31 07458384 frs-core:ComputerEquipment 2022-12-31 07458384 frs-core:FurnitureFittings 2023-12-31 07458384 frs-core:FurnitureFittings 2023-01-01 2023-12-31 07458384 frs-core:FurnitureFittings 2022-12-31 07458384 frs-core:MotorVehicles 2023-12-31 07458384 frs-core:MotorVehicles 2023-01-01 2023-12-31 07458384 frs-core:MotorVehicles 2022-12-31 07458384 frs-core:WithinOneYear 2023-12-31 07458384 frs-core:ShareCapital 2023-12-31 07458384 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 07458384 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07458384 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 07458384 frs-bus:SmallEntities 2023-01-01 2023-12-31 07458384 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07458384 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07458384 frs-bus:Director1 2023-01-01 2023-12-31 07458384 frs-bus:Director2 2023-01-01 2023-12-31 07458384 frs-countries:EnglandWales 2023-01-01 2023-12-31 07458384 2021-12-31 07458384 2022-12-31 07458384 2022-01-01 2022-12-31 07458384 frs-core:CurrentFinancialInstruments 2022-12-31 07458384 frs-core:WithinOneYear 2022-12-31 07458384 frs-core:ShareCapital 2022-12-31 07458384 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 07458384
Ringback Communications Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Lesstax2pay
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07458384
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 12,140 19,870
12,140 19,870
CURRENT ASSETS
Debtors 5 82,856 52,183
Cash at bank and in hand 30,043 25,457
112,899 77,640
Creditors: Amounts Falling Due Within One Year 6 (241,968 ) (248,990 )
NET CURRENT ASSETS (LIABILITIES) (129,069 ) (171,350 )
TOTAL ASSETS LESS CURRENT LIABILITIES (116,929 ) (151,480 )
NET LIABILITIES (116,929 ) (151,480 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (116,931 ) (151,482 )
SHAREHOLDERS' FUNDS (116,929) (151,480)
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Page 2
For the year ending 31 December 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 John Murphy
Director
23/08/2024
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
Ringback Communications Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07458384 . The registered office is C/O Lesstax2pay, 169 High Street, Barnet, EN5 5SU.
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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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:
Motor Vehicles 20% Straight Line
Fixtures & Fittings 25% Straight Line
Computer Equipment 25% Straight Line
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 4)
3 4
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4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2023 38,662 6,576 1,354 46,592
As at 31 December 2023 38,662 6,576 1,354 46,592
Depreciation
As at 1 January 2023 18,792 6,576 1,354 26,722
Provided during the period 7,730 - - 7,730
As at 31 December 2023 26,522 6,576 1,354 34,452
Net Book Value
As at 31 December 2023 12,140 - - 12,140
As at 1 January 2023 19,870 - - 19,870
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 26,303 26,221
Other debtors 56,553 25,962
82,856 52,183
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 3,299 4,451
Trade creditors 232,582 236,630
Other creditors 960 960
Taxation and social security 5,127 6,949
241,968 248,990
7. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 3,299 4,451
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
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