Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 11841147 Miss Amanda Wirhed Mr Daniel Redgert Redgert Group AB true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11841147 2023-08-31 11841147 2024-08-31 11841147 2023-09-01 2024-08-31 11841147 frs-core:CurrentFinancialInstruments 2024-08-31 11841147 frs-core:ShareCapital 2024-08-31 11841147 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 11841147 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 11841147 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 11841147 frs-bus:SmallEntities 2023-09-01 2024-08-31 11841147 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 11841147 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 11841147 frs-bus:OrdinaryShareClass1 2023-09-01 2024-08-31 11841147 frs-bus:OrdinaryShareClass1 2024-08-31 11841147 1 2023-09-01 2024-08-31 11841147 frs-bus:Director1 2023-09-01 2024-08-31 11841147 frs-bus:Director2 2023-09-01 2024-08-31 11841147 frs-countries:EnglandWales 2023-09-01 2024-08-31 11841147 2022-08-31 11841147 2023-08-31 11841147 2022-09-01 2023-08-31 11841147 frs-core:CurrentFinancialInstruments 2023-08-31 11841147 frs-core:ShareCapital 2023-08-31 11841147 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 11841147 frs-bus:OrdinaryShareClass1 2022-09-01 2023-08-31
Registered number: 11841147
Redgert Comms Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Accountum Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 11841147
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 163,679 230,258
Cash at bank and in hand 156,165 138,905
319,844 369,163
Creditors: Amounts Falling Due Within One Year 5 (135,676 ) (163,959 )
NET CURRENT ASSETS (LIABILITIES) 184,168 205,204
TOTAL ASSETS LESS CURRENT LIABILITIES 184,168 205,204
NET ASSETS 184,168 205,204
CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Profit and Loss Account 183,168 204,204
SHAREHOLDERS' FUNDS 184,168 205,204
For the year ending 31 August 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
Miss Amanda Wirhed
Director
30/04/2025
The notes on pages 2 to 3 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Redgert Comms Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11841147 . The registered office is 10 Gough Square, First Floor, London, EC4A 3DE, which is updated as of 3rd January 2024. The registered office address prior to this was 4 Manchester Square, London, W1U 3PD.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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. 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.
2.4. 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 year 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 asset reflects 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.
2.5. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.6. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.7. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2023: 8)
7 8
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 84,971 46,964
Prepayments and accrued income 74,886 124,401
Other debtors 3,803 33,003
VAT 19 -
Amounts owed by group undertakings - 25,890
163,679 230,258
The amount owed by group undertakings is interest free, unsecured and repayable on demand.
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 27,509 36,389
Corporation tax 11,651 30,213
Other taxes and social security 7,807 8,631
VAT - 2,108
Other creditors 13,073 1,973
Accruals and deferred income 36,094 84,645
Amounts owed to group undertakings 39,542 -
135,676 163,959
The amounts owed to group undertakings are interest free, unsecured and repayable on demand.
6. Share Capital
2024 2023
Allotted, called up and fully paid £ £
1,000 Ordinary Shares of £ 1 each 1,000 1,000
7. Related Party Transactions
The company is a wholly owned subsidiary member of it's group and has therefore taken advantage of the provisions of Section 33.1A of FRS102 not to disclose transactions with entities that are wholly owned members of the group.
Other than disclosed in these accounts, there were no other transactions with related parties that were not made under normal market conditions.
8. Ultimate Controlling Party
The company's immediate controlling party is Redgert Group AB by virtue of their ownership of 100% of the issued share capital in the company. The parent company is incorporated in Sweden with registered office at Radmansgatan 38, 113 57, Stockholm, Sweden. No consolidated accounts are required to be prepared for the group.
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