Acorah Software Products - Accounts Production 16.2.850 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 10790264 Mr Michael LaRocca Mr Ian Forder iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10790264 2023-12-31 10790264 2024-12-31 10790264 2024-01-01 2024-12-31 10790264 frs-core:CurrentFinancialInstruments 2024-12-31 10790264 frs-core:Non-currentFinancialInstruments 2024-12-31 10790264 frs-core:ComputerEquipment 2024-12-31 10790264 frs-core:ComputerEquipment 2024-01-01 2024-12-31 10790264 frs-core:ComputerEquipment 2023-12-31 10790264 frs-core:ShareCapital 2024-12-31 10790264 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10790264 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10790264 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 10790264 frs-bus:SmallEntities 2024-01-01 2024-12-31 10790264 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10790264 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10790264 frs-bus:Director1 2024-01-01 2024-12-31 10790264 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 10790264 frs-countries:EnglandWales 2024-01-01 2024-12-31 10790264 2022-12-31 10790264 2023-12-31 10790264 2023-01-01 2023-12-31 10790264 frs-core:CurrentFinancialInstruments 2023-12-31 10790264 frs-core:Non-currentFinancialInstruments 2023-12-31 10790264 frs-core:ShareCapital 2023-12-31 10790264 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 10790264
Ready Computing Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
IMFCoult & Co
Moulsham Mill
Parkway
Chelmsford
CM2 7PX
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10790264
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6 -
6 -
CURRENT ASSETS
Debtors 5 50,317 27,709
Cash at bank and in hand 867,244 633,727
917,561 661,436
Creditors: Amounts Falling Due Within One Year 6 (61,354 ) (372,769 )
NET CURRENT ASSETS (LIABILITIES) 856,207 288,667
TOTAL ASSETS LESS CURRENT LIABILITIES 856,213 288,667
Creditors: Amounts Falling Due After More Than One Year 7 (1,936,988 ) (1,168,613 )
NET LIABILITIES (1,080,775 ) (879,946 )
CAPITAL AND RESERVES
Called up share capital 8 50,000 50,000
Profit and Loss Account (1,130,775 ) (929,946 )
SHAREHOLDERS' FUNDS (1,080,775) (879,946)
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 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 Profit and Loss Account.
On behalf of the board
30/09/2025
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
Ready Computing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10790264 . The registered office is Moulsham Mill, Parkway, Chelmsford, Essex, CM2 9BU.
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 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.
2.3. 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%
2.4. 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: 1 (2023: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 9,787
Additions 6
As at 31 December 2024 9,793
Depreciation
As at 1 January 2024 9,787
As at 31 December 2024 9,787
Net Book Value
As at 31 December 2024 6
As at 1 January 2024 -
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 45,215 25,104
Prepayments and accrued income 5,102 2,605
50,317 27,709
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 21,346 21,346
Corporation tax - 29,470
Other taxes and social security 19,646 -
VAT 18,604 409
Accruals and deferred income 1,758 321,544
61,354 372,769
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Amounts owed to subsidiaries 1,936,988 1,168,613
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 50,000 50,000
Page 3