REGISTERED NUMBER: 09236120

Financial Statements

for the Year Ended 31 December 2024

for

Babylon Plants Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R J Bennett

Mrs J J Bennett

SECRETARY:

REGISTERED OFFICE:

The Stables

Chestnut Farm

Cuxham

Watlington

Oxfordshire

OX49 5ND

REGISTERED NUMBER:

09236120

ACCOUNTANTS:

N R Bennett Ltd

The Wain House

Stretfordbury

Leominster

Herefordshire

HR6 0LP

FIXED ASSETS

Tangible assets

4

508,738

387,019

CURRENT ASSETS

Stocks

206,460

177,600

Debtors

5

173,612

117,889

Cash at bank

27,777

205,662

407,849

501,151

CREDITORS

Amounts falling due within one year

6

121,711

138,562

NET CURRENT ASSETS

286,138

362,589

TOTAL ASSETS LESS CURRENT LIABILITIES

794,876

749,608

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

794,776

749,508

SHAREHOLDERS' FUNDS

794,876

749,608

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

R J Bennett - Director

1.	STATUTORY INFORMATION

Babylon Plants Ltd is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33.33% on cost, 25% on reducing balance, 20% on reducing balance and 15% on reducing balance

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 Statement of Income and Retained Earnings, 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 12 (2023 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

341,936

87,512

429,448

Additions

124,850

3,519

128,369

At 31 December 2024

466,786

91,031

557,817

DEPRECIATION

At 1 January 2024

-

42,429

42,429

Charge for year

-

6,650

6,650

At 31 December 2024

-

49,079

49,079

NET BOOK VALUE

At 31 December 2024

466,786

41,952

508,738

At 31 December 2023

341,936

45,083

387,019

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

62,613

21,574

Other debtors

110,999

96,315

173,612

117,889

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

38,079

25,374

Taxation and social security

60,086

78,874

Other creditors

23,546

34,314

121,711

138,562