Global Translation Business Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—5

Registered number: 09919454

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		22,889		-
Investment Properties	5		686,500		680,000

			709,389		680,000
CURRENT ASSETS
Debtors	6	62,500		199,234
Cash at bank and in hand		69,057		15,949

		131,557		215,183
Creditors: Amounts Falling Due Within One Year	7	(731,880 )		(698,576 )

NET CURRENT ASSETS (LIABILITIES)			(600,323 )		(483,393 )

TOTAL ASSETS LESS CURRENT LIABILITIES			109,066		196,607

PROVISIONS FOR LIABILITIES
Deferred Taxation	8		(67,553 )		(68,481 )

NET ASSETS			41,513		128,126

CAPITAL AND RESERVES
Called up share capital	9		100		100
Revaluation reserve			205,442		205,442
Income Statement			(164,029 )		(77,416 )

SHAREHOLDERS' FUNDS			41,513		128,126

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Global Translation Business Limited

Statement of Financial Position (continued)

As At 31 May 2025

For the year ending 31 May 2025 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 Income Statement.

On behalf of the board

Mr G Bhandal

Director

29/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Global Translation Business Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09919454 . The registered office is C/O Goldwyns London LLP, No.1 Royal Exchange, London, EC3V 3DG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements are 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 has been prepared under the historical cost convention.

The financial statements are prepared in UK sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest UK pound.

The principle accounting policies adopted are set below.

2.2. Going Concern Disclosure

The director has considered the prospect of the business for the next twelve months and beyond and has arrived at a reasonable expectation the company will continue to meet its obligations as they fall due. The director has also pledged his financial support to assist with this if required. On this basis, the director will continue to adopt the going concern basis of accounting in preparing the financial statements.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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:

Motor Vehicles	25% Reducing balance
Fixtures & Fittings	25% Reducing balance
Computer Equipment	33.33% Straight Line

2.5. Investment Properties

All investment properties are carried at fair value determined every three years maximum and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement.

2.6. Taxation

Taxation for the period comprises current 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 statement of financial position date.

2.7. Financial Instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

2.8. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

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Global Translation Business Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

2.9. Critical Accounting Judgements And Key Sources of Estimation Uncertainty

In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.

The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised.

The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:

Accrued Expenditure

The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers. These provisions are estimated based upon the expected values of the invoices which are issued and services received following the period end.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Motor Vehicles	Computer Equipment	Total
	£	£	£
Cost
As at 1 June 2024	-	1,203	1,203
Additions	29,541	1,099	30,640

As at 31 May 2025	29,541	2,302	31,843

Depreciation
As at 1 June 2024	-	1,203	1,203
Provided during the period	7,385	366	7,751

As at 31 May 2025	7,385	1,569	8,954

Net Book Value
As at 31 May 2025	22,156	733	22,889

As at 1 June 2024	-	-	-

5. Investment Property

	2025
	£
Fair Value
As at 1 June 2024	680,000
Additions	6,500

As at 31 May 2025	686,500

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	24,924	77,479
Other debtors	11,400	11,400
Director's loan account	2,391	36,813
Amounts owed by connected undertakings	23,785	73,542

	62,500	199,234

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Global Translation Business Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	565,731	565,289
Other taxes and social security	5,342	5,739
VAT	1,482	8,735
Accruals and deferred income	48,651	1,094
Amounts owed to connected undertakings	110,674	117,719

	731,880	698,576

8. Deferred Taxation

The provision for deferred tax is made up as follows:

	2025	2024
	£	£
Other timing differences	67,553	68,481

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

The nominal value per share is £1. As at the year-end, there are 100 Ordinary shares in issue.

10. Related Party Transactions

At the balance sheet date, a director owed the company £2,391. The loan is unsecured, repayable on demand, and interest is charged at a rate of 2.5% per annum. During the year, interest income of £398 was recognised in respect of this loan. No guarantees were given or received.

The company has provided loans to ten connected companies. At the year end the company was owed £1,623, £7,833, £500, £3,750, £1,554, £6,850, £100, £1,375, £100, and £100 by the respective connected companies, the loan are current assets, interest free, unsecured and repayable on demand.

The company has received loans from two connected companies. At the year end the company owed £77,374 and £33,301 to the respective connected companies, the loans are current liabilities, interest-free, unsecured, and repayable on demand.

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