Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-312022-11-01falsetruedormant11falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04433057 2022-11-01 2023-10-31 04433057 2021-11-01 2022-10-31 04433057 2023-10-31 04433057 2022-10-31 04433057 c:Director1 2022-11-01 2023-10-31 04433057 d:CurrentFinancialInstruments 2023-10-31 04433057 d:CurrentFinancialInstruments 2022-10-31 04433057 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 04433057 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 04433057 d:ShareCapital 2023-10-31 04433057 d:ShareCapital 2022-10-31 04433057 d:RetainedEarningsAccumulatedLosses 2023-10-31 04433057 d:RetainedEarningsAccumulatedLosses 2022-10-31 04433057 c:EntityNoLongerTradingButTradedInPast 2022-11-01 2023-10-31 04433057 c:FRS102 2022-11-01 2023-10-31 04433057 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 04433057 c:FullAccounts 2022-11-01 2023-10-31 04433057 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 04433057 e:PoundSterling 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure

Registered number: 04433057










BABYLON SCHOOL OF ARABIC LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2023

 
BABYLON SCHOOL OF ARABIC LIMITED
REGISTERED NUMBER: 04433057

BALANCE SHEET
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
750
26,241

Cash at bank and in hand
 5 
-
74

  
750
26,315

Creditors: amounts falling due within one year
 6 
(2,053)
(20,161)

Net current (liabilities)/assets
  
 
 
(1,303)
 
 
6,154

Total assets less current liabilities
  
(1,303)
6,154

  

Net (liabilities)/assets
  
(1,303)
6,154


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(1,403)
6,054

  
(1,303)
6,154


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 October 2024.




Mr F Dalboozi
Director

The notes on pages 3 to 5 form part of these financial statements.
Page 1

 
BABYLON SCHOOL OF ARABIC LIMITED
REGISTERED NUMBER: 04433057
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2023


Page 2

 
BABYLON SCHOOL OF ARABIC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

The entity is a private limited company incorporated in England & Wales. The company's registered office is located at 1 The Workshop, The Old Lodge, Fonthill Gifford, Tisbury, Wiltshire, SP3 6PX. The company sold the property it previously let during the previous year, and was regarded as dormant during this year.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company did not trade during the year. The director has currently deferred his decision about liquidating the company. 

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
BABYLON SCHOOL OF ARABIC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.6

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.7

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including the director, during the year was as follows:


        2023
        2022
            No.
            No.







Directors
1
1

Page 4

 
BABYLON SCHOOL OF ARABIC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

4.


Debtors

2023
2022
£
£


Other debtors
750
26,241

750
26,241



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
-
74

-
74



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
643
2,875

Other creditors
-
15,236

Accruals and deferred income
1,410
2,050

2,053
20,161



7.


Related party transactions

Babylon Translations Limited owed an inter-company balance of £25,084 to Babylon School of Arabic Limited at the beginning of the year. This is a connected company as Mr.Dalboozi owns the entire share capital of that company. It was decided to write this balance off as a bad debt during the year given the insolvent position of the debtor.


8.


Controlling party

The company was under the control of Mr F. Dalboozi during both this and the previous period.

 
Page 5