Company Registration No. 3204262 (England and Wales)
Babel Language Consulting Limited
Unaudited accounts
for the year ended 30 June 2024
Babel Language Consulting Limited
Unaudited accounts
Contents
Babel Language Consulting Limited
Company Information
for the year ended 30 June 2024
Company Number
3204262 (England and Wales)
Registered Office
Roxby House
20 - 22 Station Road
Sidcup
Kent
DA15 7EJ
United Kingdom
Accountants
Bannister Accounting
28 Herbert Road
Bexleyheath
Kent
DA7 4QF
Babel Language Consulting Limited
Statement of financial position
as at 30 June 2024
Tangible assets
2,968
2,039
Cash at bank and in hand
255,738
203,561
Creditors: amounts falling due within one year
(148,982)
(62,665)
Net current assets
236,593
226,982
Net assets
239,561
229,021
Called up share capital
13,000
13,000
Capital redemption reserve
52,000
52,000
Profit and loss account
174,561
164,021
Shareholders' funds
239,561
229,021
For the year ending 30 June 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 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 30 September 0202 and were signed on its behalf by
S Curry
Director
Company Registration No. 3204262
Babel Language Consulting Limited
Notes to the Accounts
for the year ended 30 June 2024
Babel Language Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 3204262. The registered office is Roxby House, 20 - 22 Station Road, Sidcup, Kent, DA15 7EJ, United Kingdom.
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.
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.
The financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including section 1A of Financial Reporting Standard 102 - The Financial Reporting standard applicable in the United Kingdom and Republic of Irelands 102 1A, and with the Companies Act 2006
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.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% Straight Line
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
Government grants in the form of Business Rates Relief were received and recorded under Other Income.
Babel Language Consulting Limited
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2023
25,089
9,020
34,109
At 30 June 2024
25,265
11,153
36,418
At 1 July 2023
25,089
6,981
32,070
Charge for the year
23
1,357
1,380
At 30 June 2024
25,112
8,338
33,450
At 30 June 2024
153
2,815
2,968
At 30 June 2023
-
2,039
2,039
Amounts falling due within one year
Trade debtors
126,590
81,263
Accrued income and prepayments
2,182
4,823
Amounts falling due after more than one year
Accrued income and prepayments
1,065
-
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
26,824
19,629
Taxes and social security
13,173
(909)
Proposed dividends
60,000
20,000
Other creditors
(520)
(720)
Allotted, called up and fully paid:
13,000 Ordinary shares of £1 each
13,000
13,000
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).