Acorah Software Products - Accounts Production 16.4.675 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 04595756 Mr R R Ballard Mrs P G Ballard iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04595756 2024-03-31 04595756 2025-03-31 04595756 2024-04-01 2025-03-31 04595756 frs-core:CurrentFinancialInstruments 2025-03-31 04595756 frs-core:ComputerEquipment 2025-03-31 04595756 frs-core:ComputerEquipment 2024-04-01 2025-03-31 04595756 frs-core:ComputerEquipment 2024-03-31 04595756 frs-core:FurnitureFittings 2025-03-31 04595756 frs-core:FurnitureFittings 2024-04-01 2025-03-31 04595756 frs-core:FurnitureFittings 2024-03-31 04595756 frs-core:NetGoodwill 2025-03-31 04595756 frs-core:NetGoodwill 2024-04-01 2025-03-31 04595756 frs-core:NetGoodwill 2024-03-31 04595756 frs-core:CapitalRedemptionReserve 2025-03-31 04595756 frs-core:ShareCapital 2025-03-31 04595756 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 04595756 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04595756 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 04595756 frs-bus:SmallEntities 2024-04-01 2025-03-31 04595756 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 04595756 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04595756 frs-bus:Director1 2024-04-01 2025-03-31 04595756 frs-bus:Director1 2024-03-31 04595756 frs-bus:Director1 2025-03-31 04595756 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 04595756 frs-countries:EnglandWales 2024-04-01 2025-03-31 04595756 2023-03-31 04595756 2024-03-31 04595756 2023-04-01 2024-03-31 04595756 frs-core:CurrentFinancialInstruments 2024-03-31 04595756 frs-core:CapitalRedemptionReserve 2024-03-31 04595756 frs-core:ShareCapital 2024-03-31 04595756 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 04595756
R2B2 Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—4
Page 1
Statement of Financial Position
Registered number: 04595756
2025 2024
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 6 61,468 157,743
Cash at bank and in hand 514,065 475,670
575,533 633,413
Creditors: Amounts Falling Due Within One Year 7 (59,108 ) (80,039 )
NET CURRENT ASSETS (LIABILITIES) 516,425 553,374
TOTAL ASSETS LESS CURRENT LIABILITIES 516,425 553,374
NET ASSETS 516,425 553,374
CAPITAL AND RESERVES
Called up share capital 8 74,100 74,100
Capital redemption reserve 25,900 25,900
Income Statement 416,425 453,374
SHAREHOLDERS' FUNDS 516,425 553,374
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Income Statement.
On behalf of the board
Mr R R Ballard
Director
05/08/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
R2B2 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04595756 . The registered office is Wyse Hill Farm, Fleet Hill, Finchampstead, Wokingham, Berkshire, RG40 4JR.
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
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably;
- it is probable that the Company will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be 
measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer's interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised to the Statement of Income and Retained Earnings over its useful economic life.
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:
Fixtures & Fittings 15% on cost
Computer Equipment 25% on cost
2.5. Financial Instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.r loss.
2.6. Taxation
Tax is recognised in the Statement of Income and Retained Earnings, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
2.7. Pensions
Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in the Statement of Income and Retained Earnings when they fall due.
Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.
Page 2
Page 3
2.8. Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
2.9. Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
2.10. Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 440,000
As at 31 March 2025 440,000
Amortisation
As at 1 April 2024 440,000
As at 31 March 2025 440,000
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 1,663 488 2,151
As at 31 March 2025 1,663 488 2,151
Depreciation
As at 1 April 2024 1,663 488 2,151
As at 31 March 2025 1,663 488 2,151
Net Book Value
As at 31 March 2025 - - -
As at 1 April 2024 - - -
Page 3
Page 4
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 60,345 161,118
Other debtors 1,123 (3,375)
61,468 157,743
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 54,351 66,561
Other creditors 1,000 3,206
Taxation and social security 3,757 10,272
59,108 80,039
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 74,100 74,100
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Robert Ballard 968 180 5,670 - (4,522 )
The above loan is unsecured, interest free and repayable on demand.
Page 4