2023-05-01 04199471 2024-04-30 04199471 2023-05-01 2024-04-30 04199471 2023-04-30 04199471 2022-05-01 2023-04-30 04199471 uk-core:WithinOneYear 2023-04-30 04199471 uk-core:WithinOneYear 2024-04-30 04199471 uk-core:ShareCapital 2024-04-30 04199471 uk-core:ShareCapital 2023-04-30 04199471 uk-core:RetainedEarningsAccumulatedLosses 2024-04-30 04199471 uk-core:RetainedEarningsAccumulatedLosses 2023-04-30 04199471 uk-bus:Director1 2023-05-01 2024-04-30 04199471 uk-core:PlantMachinery 2023-05-01 2024-04-30 04199471 uk-core:ToolsEquipment 2023-05-01 2024-04-30 04199471 uk-core:MotorCars 2023-05-01 2024-04-30 04199471 uk-core:ToolsEquipment 2023-04-30 04199471 uk-core:MotorCars 2023-04-30 04199471 uk-core:PlantMachinery 2023-04-30 04199471 uk-core:Buildings 2023-04-30 04199471 uk-core:PlantMachinery 2024-04-30 04199471 uk-core:MotorCars 2024-04-30 04199471 uk-core:ToolsEquipment 2024-04-30 04199471 uk-core:Buildings 2024-04-30 04199471 uk-core:Buildings 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure 04199471 uk-bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 04199471 uk-bus:FRS102 2023-05-01 2024-04-30 04199471 uk-bus:FilletedAccounts 2023-05-01 2024-04-30 04199471 uk-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30
Babble IT Systems Ltd
Registered Number:04199471
For the year ended 30 April 2024
England and Wales
Unaudited Financial Statements
2
Registered Number :
04199471
As at 30 April 2024
Babble IT Systems Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
318,065
320,378
2
318,065
320,378
Current assets
Trade and other receivables
24,814
24,814
3
75,651
Cash and cash equivalents
50,302
75,116
100,465
Trade and other payables: amounts falling due within one
year
(17,252)
(17,252)
4
83,213
57,864
Net current assets
Total assets less current liabilities
375,929
403,591
375,929
Net assets
403,591
Capital and reserves
Called up share capital
185
185
Retained earnings
375,744
403,406
375,929
403,591
Shareholders' funds
For the year ended 30 April 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 of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Sean Adrian Davin Director
These financial statements were approved and authorised for issue by the Board on 20 January 2025 and were signed by:
The notes form part of these financial statements
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For the year ended 30 April 2024
Babble IT Systems Ltd
Notes to the Financial Statements
Statutory Information
Babble IT Systems Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 04199471.
Registered address:
40 Theynes Croft
Long Ashton
Bristol
BS41 9NA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Reducing balance
25% Reducing balance
Computer equipment
25% Reducing balance
Motor vehicles
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
2. Property, plant and equipment
Total
Computer
equipment
Motor vehicles
Plant and
machinery
Land and
buildings
£
£
£
£
£
Cost or
valuation
At 01 May 2023
383,317
30,550
34,995
6,652
311,120
At 30 April 2024
6,652
34,995
30,550
383,317
311,120
Provision for depreciation and impairment
At 01 May 2023
62,939
29,238
27,381
6,320
-
Charge for year
2,313
328
1,903
82
-
At 30 April 2024
65,252
29,566
29,284
6,402
-
At 30 April 2024
Net book value
311,120
250
5,711
984
318,065
At 30 April 2023
311,120
332
7,614
1,312
320,378
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For the year ended 30 April 2024
Babble IT Systems Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2023
2024
£
£
Amounts owed by group undertakings and participating interests
24,814
24,814
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
731
731
Other creditors
16,521
16,521
17,252
17,252
5. Average number of persons employed
During the year the average number of employees was 0
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