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REGISTERED NUMBER: 08207657















BABES LONDON LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024






BABES LONDON LTD (REGISTERED NUMBER: 08207657)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Balance Sheet 1

Notes to the Financial Statements 2


BABES LONDON LTD (REGISTERED NUMBER: 08207657)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £   
Current assets
Stocks 11,500 51,500
Debtors 4 721,716 718,100
Cash at bank 247,482 94,666
980,698 864,266
Creditors
Amounts falling due within one year 5 (835,989 ) (724,297 )
Net current assets 144,709 139,969
Total assets less current liabilities 144,709 139,969

Capital and reserves
Called up share capital 100 100
Retained earnings 144,609 139,869
144,709 139,969

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 March 2025 and were signed by:





Mr Emal Khan Shams - Director


BABES LONDON LTD (REGISTERED NUMBER: 08207657)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. Statutory information

Babes London Ltd is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address are as below:

Registered number: 08207657

Registered office: Ground Floor
Citygate
Longridge Road
Preston
PR2 5BQ

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 4 (2023 - 5 ) .

BABES LONDON LTD (REGISTERED NUMBER: 08207657)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


4. Debtors: amounts falling due within one year
2024 2023
£    £   
Other debtors 721,716 718,100

5. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 611,450 539,681
Taxation and social security 112,104 79,834
Other creditors 112,435 104,782
835,989 724,297

6. Related party disclosures

Emal Khan Shams is the director and shareholder of Aliyha Investments Ltd . At the balance sheet date the amount due from Aliyah Investments Ltd was £618,100 (2023: £618,100).

At 30 June 2024 the company owed £83,275 to the director (2023: £85,000). No interest has been charged to the company in respect of this loan which is repayable on demand and classified in creditors due within one year.

Included in other creditors is an amount of £14,725 due to Babez Manchester Ltd (2023: £Nil) in which Mr Emalkhan Shams is the director and shareholder. The loan is unsecured, interest free and repayable on demand.