Registered number
11125025
Translate Fast Ltd
Filleted Accounts
31 December 2024
Translate Fast Ltd
Registered number: 11125025
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 - 2,432
Current assets
Debtors 4 33,443 673
Cash at bank and in hand 42,836 36,525
76,279 37,198
Creditors: amounts falling due within one year 5 (21,627) (6,277)
Net current assets 54,652 30,921
Net assets 54,652 33,353
Capital and reserves
Called up share capital 1 1
Profit and loss account 54,651 33,352
Shareholders' funds 54,652 33,353
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Simon Poplawski
Director
Approved by the board on 1 April 2025
Translate Fast Ltd
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. It is not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2024 2,432
At 31 December 2024 2,432
Depreciation
Charge for the year 2,432
At 31 December 2024 2,432
Net book value
At 31 December 2024 -
At 31 December 2023 2,432
4 Debtors 2024 2023
£ £
Trade debtors 33,443 673
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 520 -
Taxation and social security costs 20,462 5,696
Director's loan 645 581
21,627 6,277
6 Other information
Translate Fast Ltd is a private company limited by shares and incorporated in England. Its registered office is:
128 City Rd
London
EC1V 2NX
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