Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 10589252 Mr Toby Hughes Wonderborn Media Group Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10589252 2023-12-31 10589252 2024-12-31 10589252 2024-01-01 2024-12-31 10589252 frs-core:CurrentFinancialInstruments 2024-12-31 10589252 frs-core:Non-currentFinancialInstruments 2024-12-31 10589252 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-12-31 10589252 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-01-01 2024-12-31 10589252 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-12-31 10589252 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 10589252 frs-core:OtherResidualIntangibleAssets 2024-12-31 10589252 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 10589252 frs-core:OtherResidualIntangibleAssets 2023-12-31 10589252 frs-core:ShareCapital 2024-12-31 10589252 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10589252 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10589252 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 10589252 frs-bus:SmallEntities 2024-01-01 2024-12-31 10589252 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10589252 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10589252 1 2024-01-01 2024-12-31 10589252 frs-bus:Director1 2024-01-01 2024-12-31 10589252 frs-core:Non-currentFinancialInstruments 1 2024-12-31 10589252 frs-core:CurrentFinancialInstruments 9 2024-12-31 10589252 frs-countries:EnglandWales 2024-01-01 2024-12-31 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:Non-currentFinancialInstruments 2023-12-31 10589252 frs-core:ShareCapital 2023-12-31 10589252 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10589252 frs-core:Non-currentFinancialInstruments 1 2023-12-31 10589252 frs-core:CurrentFinancialInstruments 9 2023-12-31
Registered number: 10589252
Raise Up Faith Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10589252
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 681,049 -
681,049 -
CURRENT ASSETS
Debtors 5 86,648 283
Cash at bank and in hand 6,266 382
92,914 665
Creditors: Amounts Falling Due Within One Year 6 (1,166,813 ) (3,180 )
NET CURRENT ASSETS (LIABILITIES) (1,073,899 ) (2,515 )
TOTAL ASSETS LESS CURRENT LIABILITIES (392,850 ) (2,515 )
Creditors: Amounts Falling Due After More Than One Year 7 (290,860 ) -
NET LIABILITIES (683,710 ) (2,515 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (683,810 ) (2,615 )
SHAREHOLDERS' FUNDS (683,710) (2,515)
Page 1
Page 2
For the year ending 31 December 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 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 Profit and Loss Account.
On behalf of the board
Mr Toby Hughes
Director
26/09/2025
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
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. 
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. 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.
Subscription revenue
Revenue from subscriptions is recognised on a straight-line basis over the period to which the subscription relates. Amounts invoiced in advance of the service period are recorded as deferred income within creditors. Income is therefore matched to the period in which the related services are provided, irrespective of the timing of invoicing or cash receipts.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are capitalised costs of the company's cloud-based IT platforms. It is amortised to the profit and loss account over its estimated economic life of 3 years.
2.4. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets are proprietary media content (including video, curriculum, and audio) developed and purchased by the company. It is amortised to the profit and loss account over its estimated economic life of 5 years.
2.5. 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 arising on translation are recognised as they arise.  Realised and unrealiased gains and losses are included within operating results. 
2.6. 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 years 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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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2.7. Group Reorganisations
Where the company acquires assets and liabilities from another group undertaking as part of a group reorganisation, the transaction is accounted for using book values. The assets and liabilities are recognised at the carrying amounts previously recorded in the transferring company, with no goodwill arising.
3. Average Number of Employees
The company has no employees directly.  Contracts of employment are held by other group companies.  However, staff are engaged in the activities of the company and the related employment costs are recharged to the company by fellow group undertakings.

The average number of persons, including directors, employed by group companies in relation to the company's activities during the year was: 7 (2023: NIL)
7 -
4. Intangible Assets
Other Intellectual Property Total
£ £ £
Cost
As at 1 January 2024 - - -
Additions 565,466 565,309 1,130,775
As at 31 December 2024 565,466 565,309 1,130,775
Amortisation
As at 1 January 2024 - - -
Provided during the period 309,366 140,360 449,726
As at 31 December 2024 309,366 140,360 449,726
Net Book Value
As at 31 December 2024 256,100 424,949 681,049
As at 1 January 2024 - - -
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,159 -
Prepayments and accrued income 789 283
Other debtors 79,700 -
86,648 283
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 28,269 505
Other creditors 3,056 -
Deferred Income 115,125 -
Accruals 42,979 -
Amounts owed to group undertakings 977,384 2,675
1,166,813 3,180
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7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Childrens Ministry Bond 151,993 -
Other long term creditors 138,867 -
290,860 -
The company’s long-term creditors are all due for repayment between two and five years from the balance sheet date.
At the balance sheet date £25,000 (2023 - £nil) of the Childrens Ministry Bond was owed to Toby Hughes,  a director of the company.  The loan is unsecured and interest bearing. 
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
On 1 Janaury 2024, the company acquired the trade and assets of RaiseUpFaith.com from the parent undertaking Wonderborn Media Group Limited for £947,898 as part of a group restructure. The assets were transferred at their carrying value, with no gain or loss arising.  
10. 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.
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