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REGISTERED NUMBER: 11474602 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

BABIZA LIMITED

BABIZA LIMITED (REGISTERED NUMBER: 11474602)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BABIZA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: Dr K Erdem
Mrs M Munire





REGISTERED OFFICE: 5 Cliff Aucott Crescent
Alsager
Stoke on Trent
ST7 2FN





REGISTERED NUMBER: 11474602 (England and Wales)

BABIZA LIMITED (REGISTERED NUMBER: 11474602)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,278 806

CURRENT ASSETS
Debtors 5 4,333 4,330
Cash at bank 70,351 45,338
74,684 49,668
CREDITORS
Amounts falling due within one year 6 19,310 15,176
NET CURRENT ASSETS 55,374 34,492
TOTAL ASSETS LESS CURRENT
LIABILITIES

56,652

35,298

PROVISIONS FOR LIABILITIES 243 153
NET ASSETS 56,409 35,145

BABIZA LIMITED (REGISTERED NUMBER: 11474602)

BALANCE SHEET - continued
31 JULY 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 56,309 35,045
SHAREHOLDERS' FUNDS 56,409 35,145

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 October 2024 and were signed on its behalf by:





Dr K Erdem - Director


BABIZA LIMITED (REGISTERED NUMBER: 11474602)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Babiza Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

RELATED PARTY EXEMPTION
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

TURNOVER
The turnover shown in the profit and loss account represents amount earned during the year and is recognised when the company obtains the right to consideration.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on cost

All fixed assets are initially recorded at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

BABIZA LIMITED (REGISTERED NUMBER: 11474602)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 August 2023 2,048 - 2,048
Additions - 899 899
At 31 July 2024 2,048 899 2,947
DEPRECIATION
At 1 August 2023 1,242 - 1,242
Charge for year 202 225 427
At 31 July 2024 1,444 225 1,669
NET BOOK VALUE
At 31 July 2024 604 674 1,278
At 31 July 2023 806 - 806

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,480 3,120
Prepayments and accrued income 1,853 1,210
4,333 4,330

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 13,243 10,128
Directors' current accounts 5,105 4,171
Accrued expenses 962 877
19,310 15,176

BABIZA LIMITED (REGISTERED NUMBER: 11474602)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
100 100