Bablr Ltd 13724941 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is educational apps, software and books Digita Accounts Production Advanced 6.30.9574.0 true true 13724941 2023-01-01 2023-12-31 13724941 2023-12-31 13724941 bus:OrdinaryShareClass1 2023-12-31 13724941 core:CurrentFinancialInstruments 2023-12-31 13724941 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 13724941 core:Non-currentFinancialInstruments core:AfterOneYear 2023-12-31 13724941 bus:SmallEntities 2023-01-01 2023-12-31 13724941 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 13724941 bus:FilletedAccounts 2023-01-01 2023-12-31 13724941 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13724941 bus:RegisteredOffice 2023-01-01 2023-12-31 13724941 bus:Director1 2023-01-01 2023-12-31 13724941 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 13724941 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13724941 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2023-01-01 2023-12-31 13724941 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity core:RenderingOrReceivingServices 2023-01-01 2023-12-31 13724941 core:ParentEntities 2023-01-01 2023-12-31 13724941 countries:EnglandWales 2023-01-01 2023-12-31 13724941 2021-11-05 2022-12-31 13724941 2022-12-31 13724941 bus:OrdinaryShareClass1 2022-12-31 13724941 core:CurrentFinancialInstruments 2022-12-31 13724941 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 13724941 core:Non-currentFinancialInstruments core:AfterOneYear 2022-12-31 13724941 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity core:RenderingOrReceivingServices 2021-11-05 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 13724941

Bablr Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2023

 

Bablr Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Bablr Ltd

Company Information

Director

Mr Manish Kumar Jar

Registered office

42-46 Station Road
Edgware
Middlesex
HA8 7AB

Accountants

Kajaine Accountants Limited
Chartered Accountants
42-46 Station Road
Edgware
Middlesex
HA8 7AB

 

Bablr Ltd

(Registration number: 13724941)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

859

631

Cash at bank and in hand

 

10,862

9,913

 

11,721

10,544

Creditors: Amounts falling due within one year

5

(5,023)

(5,872)

Total assets less current liabilities

 

6,698

4,672

Creditors: Amounts falling due after more than one year

5

(59,130)

(25,931)

Net liabilities

 

(52,432)

(21,259)

Capital and reserves

 

Called up share capital

6

100

100

Retained earnings

(52,532)

(21,359)

Shareholders' deficit

 

(52,432)

(21,259)

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 5 August 2024
 

.........................................
Mr Manish Kumar Jar
Director

 

Bablr Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
42-46 Station Road
Edgware
Middlesex
HA8 7AB
England

These financial statements were authorised for issue by the director on 5 August 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

 

Bablr Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2022 - 0).

4

Debtors

Current

Note

2023
£

2022
£

Amounts owed by related parties

7

859

631

   

859

631

 

Bablr Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

5

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Trade creditors

 

-

2,203

Other creditors

 

(1)

-

Accrued expenses

 

4,798

651

Directors current account

 

226

3,018

 

5,023

5,872

Due after one year

 

Other non-current financial liabilities

 

59,130

25,931

Creditors: amounts falling due after more than one year

2023
£

2022
£

Due after one year

Other non-current financial liabilities

59,130

25,931

6

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Share Capital of £1 each

100

100

100

100

       

7

Related party transactions

Summary of transactions with parent

Neosap Limited is the parent company and owns 100% of the share capital in the Company.
 
During the period, the Company has borrowed £33,002 from the parent to meet its obligations.

At the balance sheet date, the amount owed to Neosap Limited was £58,933 (2022: £25,931)

 

 

Bablr Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

Summary of transactions with entities with joint control or significant interest

Neosap India Private Ltd is a company incorporated in India and owned by the same ultimate beneficial owners of this Company.
 
During the period the company received services from Neosap India Private Limited at arm's length amounting to £21,012 (2022: £12,712)

At the balance sheet date, the amount owed to Neosap India Private Limited was £Nil (2022: £630)

 

Income and receivables from related parties

2023

Entities with joint control or significant influence
£

Receipt of services

21,012

2022

Entities with joint control or significant influence
£

Receipt of services

12,712