Acorah Software Products - Accounts Production 16.1.300 false true true 31 December 2022 1 January 2022 false 1 January 2023 30 June 2024 30 June 2024 12530671 Mr M Lomas Mr R Kelly BRIG Holdings Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12530671 2022-12-31 12530671 2024-06-30 12530671 2023-01-01 2024-06-30 12530671 frs-core:CurrentFinancialInstruments 2024-06-30 12530671 frs-core:ComputerEquipment 2024-06-30 12530671 frs-core:ComputerEquipment 2023-01-01 2024-06-30 12530671 frs-core:ComputerEquipment 2022-12-31 12530671 frs-core:ShareCapital 2024-06-30 12530671 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 12530671 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2024-06-30 12530671 frs-bus:FilletedAccounts 2023-01-01 2024-06-30 12530671 frs-bus:SmallEntities 2023-01-01 2024-06-30 12530671 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2024-06-30 12530671 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2024-06-30 12530671 1 2023-01-01 2024-06-30 12530671 frs-bus:Director1 2023-01-01 2024-06-30 12530671 frs-bus:CompanySecretary1 2023-01-01 2024-06-30 12530671 frs-countries:EnglandWales 2023-01-01 2024-06-30 12530671 2021-12-31 12530671 2022-12-31 12530671 2022-01-01 2022-12-31 12530671 frs-core:CurrentFinancialInstruments 2022-12-31 12530671 frs-core:ShareCapital 2022-12-31 12530671 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 12530671
Big Red Fphp Limited
Financial Statements
For the Period 1 January 2023 to 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12530671
30 June 2024 31 December 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 469 -
469 -
CURRENT ASSETS
Debtors 5 553,300 -
Cash at bank and in hand 800 100
554,100 100
Creditors: Amounts Falling Due Within One Year 6 (585,773 ) -
NET CURRENT ASSETS (LIABILITIES) (31,673 ) 100
TOTAL ASSETS LESS CURRENT LIABILITIES (31,204 ) 100
NET (LIABILITIES)/ASSETS (31,204 ) 100
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (31,304 ) -
SHAREHOLDERS' FUNDS (31,204) 100
Page 1
Page 2
For the period ending 30 June 2024 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 M Lomas
Director
25 March 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Big Red Fphp Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12530671 . The registered office is Duplex 1 Ducie House, Ducie Street, Manchester, M1 2JW.
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. Going Concern Disclosure
The directors have identified material uncertainties related to events or conditions that may cast doubt about the company's ability to continue as a going concern. There has however, been a period of improved trade since the year end and the company retains the support of the Director, as well as continued investment. The going concern basis therefore remains appropriate.
2.3. 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.
2.4. 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 20% monthly reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2 (2022: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2023 -
Additions 654
As at 30 June 2024 654
Depreciation
As at 1 January 2023 -
Provided during the period 185
As at 30 June 2024 185
Net Book Value
As at 30 June 2024 469
As at 1 January 2023 -
5. Debtors
30 June 2024 31 December 2022
£ £
Due within one year
Trade debtors 68,500 -
Other debtors 484,800 -
553,300 -
6. Creditors: Amounts Falling Due Within One Year
30 June 2024 31 December 2022
£ £
Trade creditors 166,850 -
Other creditors 268,709 -
Taxation and social security 150,214 -
585,773 -
7. Share Capital
30 June 2024 31 December 2022
£ £
Allotted, Called up and fully paid 100 100
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8. Ultimate Controlling Party
The company's ultimate controlling party is BRIG Holdings Limited .
Page 5