Transatlantic Translations Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 05859029

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		51,000		68,000
Tangible Assets	5		-		243

			51,000		68,243
CURRENT ASSETS
Debtors		95,451		68,053
Cash at bank and in hand		2,272		4,207

		97,723		72,260
Creditors: Amounts Falling Due Within One Year		(126,969 )		(166,361 )

NET CURRENT ASSETS (LIABILITIES)			(29,246 )		(94,101 )

TOTAL ASSETS LESS CURRENT LIABILITIES			21,754		(25,858 )

Creditors: Amounts Falling Due After More Than One Year			(1,238,309 )		(1,308,301 )

NET LIABILITIES			(1,216,555 )		(1,334,159 )

CAPITAL AND RESERVES
Called up share capital	6		1,000		1,000
Profit and Loss Account			(1,217,555 )		(1,335,159 )

SHAREHOLDERS' FUNDS			(1,216,555)		(1,334,159)

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Transatlantic Translations Limited

Abridged Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Christopher Crothall

Director

14/08/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Transatlantic Translations Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05859029 . The registered office is 90 New Town Row, Aston, Birmingham, B6 4HZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of five years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

33% Straight Line

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2024	2023
Office and administration	7	7

	7	7

4. Intangible Assets

	Total
	£
Cost
As at 1 January 2024	85,000

As at 31 December 2024	85,000

Amortisation
As at 1 January 2024	17,000
Provided during the period	17,000

As at 31 December 2024	34,000

...CONTINUED

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Transatlantic Translations Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2024

Net Book Value
As at 31 December 2024	51,000

As at 1 January 2024	68,000

5. Tangible Assets

	Total
	£
Cost
As at 1 January 2024	10,101

As at 31 December 2024	10,101

Depreciation
As at 1 January 2024	9,858
Provided during the period	243

As at 31 December 2024	10,101

Net Book Value
As at 31 December 2024	-

As at 1 January 2024	243

6. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	1,000	1,000

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