1 March 2022 false No description of principal activity Taxfiler 2023.10 05693707business:PrivateLimitedCompanyLtd2022-03-012023-02-28 056937072022-02-28 056937072022-03-012023-02-28 05693707business:AuditExemptWithAccountantsReport2022-03-012023-02-28 05693707business:FilletedAccounts2022-03-012023-02-28 056937072023-02-28 056937072022-02-28 05693707core:WithinOneYear2023-02-28 05693707core:WithinOneYear2022-02-28 05693707core:AfterOneYear2023-02-28 05693707core:AfterOneYear2022-02-28 05693707core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 05693707core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 05693707core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 05693707core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 05693707core:PreviouslyStatedAmount2023-02-28 05693707core:PreviouslyStatedAmount2022-02-28 05693707business:SmallEntities2022-03-012023-02-28 05693707business:Director22022-03-012023-02-28 05693707countries:EnglandWales2022-03-012023-02-28 05693707business:RegisteredOffice2022-03-012023-02-28 05693707core:PlantMachinery2022-03-012023-02-28 05693707core:PlantMachinery2022-02-28 05693707core:MotorVehicles2022-02-28 05693707core:MotorVehicles2022-03-012023-02-28 05693707core:PlantMachinery2023-02-28 05693707core:MotorVehicles2023-02-28 05693707business:OrdinaryShareClass12022-03-012023-02-28 05693707business:OrdinaryShareClass12021-03-012022-02-28 056937072021-03-012022-02-28 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 05693707 (England and Wales)
Transltr Ltd Unaudited accounts for the year ended 28 February 2023
Transltr Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,095 
7,356 
Current assets
Inventories
132,124 
93,718 
Debtors
50,496 
79,503 
Cash at bank and in hand
164,220 
195,946 
346,840 
369,167 
Creditors: amounts falling due within one year
(304,258)
(335,143)
Net current assets
42,582 
34,024 
Total assets less current liabilities
46,677 
41,380 
Creditors: amounts falling due after more than one year
(2,241)
- 
Provisions for liabilities
Deferred tax
(778)
(1,398)
Net assets
43,658 
39,982 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
43,655 
39,979 
Shareholders' funds
43,658 
39,982 
For the year ending 28 February 2023 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 November 2023 and were signed on its behalf by
Mr Zakir Jussab Director Company Registration No. 05693707
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Transltr Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Transltr Ltd is a private company, limited by shares, registered in England and Wales, registration number 05693707. The registered office is Dock, 101, 75 Exploration Drive, Leicester, LE4 5NU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
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Transltr Ltd Notes to the Accounts for the year ended 28 February 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2022
13,436 
7,492 
20,928 
Disposals
(7,858)
- 
(7,858)
At 28 February 2023
5,578 
7,492 
13,070 
Depreciation
At 1 March 2022
9,826 
3,746 
13,572 
Charge for the year
1,388 
1,873 
3,261 
On disposals
(7,858)
- 
(7,858)
At 28 February 2023
3,356 
5,619 
8,975 
Net book value
At 28 February 2023
2,222 
1,873 
4,095 
At 28 February 2022
3,610 
3,746 
7,356 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
50,168 
78,648 
Accrued income and prepayments
328 
855 
50,496 
79,503 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
243,861 
232,704 
Taxes and social security
26,896 
15,177 
Other creditors
12,000 
37,000 
Loans from directors
15,120 
40,120 
Accruals
6,381 
10,142 
304,258 
335,143 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Taxes and social security
2,241 
- 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3 
3 
- 4 -
Transltr Ltd Notes to the Accounts for the year ended 28 February 2023
9
Operating lease commitments
2023 
2022 
£ 
£ 
At 28 February 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
- 
36,000 
10
Average number of employees
During the year the average number of employees was 7 (2022: 7).
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