Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 10589252 Mr Toby Hughes Wonderborn Media Group Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10589252 2022-12-31 10589252 2023-12-31 10589252 2023-01-01 2023-12-31 10589252 frs-core:CurrentFinancialInstruments 2023-12-31 10589252 frs-core:ComputerEquipment 2023-12-31 10589252 frs-core:ComputerEquipment 2023-01-01 2023-12-31 10589252 frs-core:ComputerEquipment 2022-12-31 10589252 frs-core:ShareCapital 2023-12-31 10589252 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10589252 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10589252 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 10589252 frs-bus:SmallEntities 2023-01-01 2023-12-31 10589252 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 10589252 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 10589252 1 2023-01-01 2023-12-31 10589252 frs-bus:Director1 2023-01-01 2023-12-31 10589252 frs-countries:EnglandWales 2023-01-01 2023-12-31 10589252 2021-12-31 10589252 2022-12-31 10589252 2022-01-01 2022-12-31 10589252 frs-core:CurrentFinancialInstruments 2022-12-31 10589252 frs-core:ShareCapital 2022-12-31 10589252 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 10589252
Raise Up Faith Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10589252
2023 2022
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 283 -
Cash at bank and in hand 382 232
665 232
Creditors: Amounts Falling Due Within One Year 6 (3,180 ) (2,117 )
NET CURRENT ASSETS (LIABILITIES) (2,515 ) (1,885 )
TOTAL ASSETS LESS CURRENT LIABILITIES (2,515 ) (1,885 )
NET LIABILITIES (2,515 ) (1,885 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (2,615 ) (1,985 )
SHAREHOLDERS' FUNDS (2,515) (1,885)
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 Toby Hughes
Director
23/09/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Raise Up Faith Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10589252 . The registered office is Level 2 Spectrum Building, Bond Street, Bristol, BS1 3LG. With effect from 29 November 2023, the name of the Company was changed from Wonderborn Ventures to Raise Up Faith Ltd. 
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. 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:
Computer Equipment 25% straight line
2.3. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2023 980
Disposals (980 )
Depreciation
As at 1 January 2023 980
Disposals (980 )
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 -
As at 1 January 2023 -
5. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income 283 -
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 505 -
Amounts owed to group undertakings 2,675 2,117
3,180 2,117
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
8. Ultimate Controlling Party
The company's ultimate controlling party is Wonderborn Media Group Limited by virtue of its ownership of 100% of the issued share capital in the company.
9. Change of Company name
With effect from 29 November, 2023  the name of the Company was changed from Wonderborn Ventures Ltd to Raise Up Faith Ltd. 
Page 3