REGISTERED NUMBER: 10526707 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Bab London Trading Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Intangible assets

4

22,500

-

Tangible assets

5

13,915

623

36,415

623

Current assets

Debtors

6

2,482

12,482

Cash at bank

10,696

2,696

13,178

15,178

Creditors

Amounts falling due within one year

7

(30,056

)

(1,723

)

Net current (liabilities)/assets

(16,878

)

13,455

Total assets less current liabilities

19,537

14,078

Creditors

Amounts falling due after more than one year

8

(12,000

)

(14,000

)

Net assets

7,537

78

Capital and reserves

Called up share capital

100

100

Retained earnings

7,437

(22

)

Shareholders' funds

7,537

78

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 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 15 June 2025 and were signed by:

Bashir Babar - Director

1.	Statutory information

Bab London Trading Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

10526707

Registered office:

Marshall House, Suite 21/25

124 Middleton Road

Morden

SM4 6RW

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

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.

3.	Employees and directors

The average number of employees during the year was 3 (2023 - 1 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

Additions

25,000

At 31 December 2024

25,000

Amortisation

Amortisation for year

2,500

At 31 December 2024

2,500

Net book value

At 31 December 2024

22,500

5.	Tangible fixed assets

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

Cost

At 1 January 2024

-

3,750

3,750

Additions

15,000

-

15,000

At 31 December 2024

15,000

3,750

18,750

Depreciation

At 1 January 2024

-

3,127

3,127

Charge for year

1,500

208

1,708

At 31 December 2024

1,500

3,335

4,835

Net book value

At 31 December 2024

13,500

415

13,915

At 31 December 2023

-

623

623

6.

Debtors: amounts falling due within one year

31.12.24

31.12.23

£

£

Other debtors

2,482

12,482

7.

Creditors: amounts falling due within one year

31.12.24

31.12.23

£

£

Trade creditors

15,806

98

Corporation tax

14,250

1,625

30,056

1,723

8.

Creditors: amounts falling due after more than one year

31.12.24

31.12.23

£

£

Bank loans (see note 9)

12,000

14,000

9.

Loans

An analysis of the maturity of loans is given below:

31.12.24

31.12.23

£

£

Amounts falling due between one and two years:

Bank loans > 1 year

12,000

14,000