Registered number
05918745
Global Translators UK Ltd
Filleted Accounts
31 August 2024
Global Translators UK Ltd
Registered number: 05918745
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,130 695
Current assets
Debtors 4 1,850 2,787
Cash at bank and in hand 1,337 1,286
3,187 4,073
Creditors: amounts falling due within one year 5 - -
Net current assets 3,187 4,073
Net assets 4,317 4,768
Capital and reserves
Called up share capital 100 100
Profit and loss account 4,217 4,668
Shareholders' funds 4,317 4,768
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.
Mr Raman Sangha
Director
Approved by the board on 13 May 2025
Global Translators UK Ltd
Notes to the Accounts
for the year ended 31 August 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. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% Reducing balance
Fixtures, fittings, tools and equipment 25% Reducing balance
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 September 2023 5,677
Additions 664
At 31 August 2024 6,341
Depreciation
At 1 September 2023 4,982
Charge for the year 229
At 31 August 2024 5,211
Net book value
At 31 August 2024 1,130
At 31 August 2023 695
4 Debtors 2024 2023
£ £
Other debtors 1,850 2,787
5 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors - -
6 Other information
Global Translators UK Ltd is a private company limited by shares and incorporated in England. Its registered office is:
33 Cloisterham Road
Rochester
Kent
ME1 2BW
Global Translators UK Ltd 05918745 false 2023-09-01 2024-08-31 2024-08-31 VT Final Accounts July 2024 Mr Raman Sangha No description of principal activity 05918745 2022-09-01 2023-08-31 05918745 core:WithinOneYear 2023-08-31 05918745 core:ShareCapital 2023-08-31 05918745 core:RetainedEarningsAccumulatedLosses 2023-08-31 05918745 2023-09-01 2024-08-31 05918745 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 05918745 bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 05918745 bus:Director40 2023-09-01 2024-08-31 05918745 2 2023-09-01 2024-08-31 05918745 core:PlantMachinery 2023-09-01 2024-08-31 05918745 countries:England 2023-09-01 2024-08-31 05918745 bus:FRS102 2023-09-01 2024-08-31 05918745 bus:FilletedAccounts 2023-09-01 2024-08-31 05918745 2024-08-31 05918745 core:WithinOneYear 2024-08-31 05918745 core:ShareCapital 2024-08-31 05918745 core:RetainedEarningsAccumulatedLosses 2024-08-31 05918745 core:PlantMachinery 2024-08-31 05918745 2023-08-31 05918745 core:PlantMachinery 2023-08-31 iso4217:GBP xbrli:pure