IRIS Accounts Production v22.1.4.3 05284498 Board of Directors 1.12.20 30.11.21 30.11.21 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure052844982020-11-30052844982021-11-30052844982020-12-012021-11-30052844982019-11-30052844982019-12-012020-11-30052844982020-11-3005284498ns16:EnglandWales2020-12-012021-11-3005284498ns15:PoundSterling2020-12-012021-11-3005284498ns11:Director12020-12-012021-11-3005284498ns11:PrivateLimitedCompanyLtd2020-12-012021-11-3005284498ns11:SmallEntities2020-12-012021-11-3005284498ns11:AuditExemptWithAccountantsReport2020-12-012021-11-3005284498ns11:SmallCompaniesRegimeForDirectorsReport2020-12-012021-11-3005284498ns11:SmallCompaniesRegimeForAccounts2020-12-012021-11-3005284498ns11:FullAccounts2020-12-012021-11-3005284498ns11:Director22020-12-012021-11-3005284498ns11:CompanySecretary12020-12-012021-11-3005284498ns11:RegisteredOffice2020-12-012021-11-3005284498ns6:CurrentFinancialInstruments2021-11-3005284498ns6:CurrentFinancialInstruments2020-11-3005284498ns6:Non-currentFinancialInstruments2021-11-3005284498ns6:Non-currentFinancialInstruments2020-11-3005284498ns6:ShareCapital2021-11-3005284498ns6:ShareCapital2020-11-3005284498ns6:RetainedEarningsAccumulatedLosses2021-11-3005284498ns6:RetainedEarningsAccumulatedLosses2020-11-3005284498ns6:PlantMachinery2020-12-012021-11-3005284498ns6:FurnitureFittings2020-12-012021-11-3005284498ns6:LongLeaseholdAssetsns6:LandBuildings2020-11-3005284498ns6:PlantMachinery2020-11-3005284498ns6:FurnitureFittings2020-11-3005284498ns6:LongLeaseholdAssetsns6:LandBuildings2020-12-012021-11-3005284498ns6:LongLeaseholdAssetsns6:LandBuildings2021-11-3005284498ns6:PlantMachinery2021-11-3005284498ns6:FurnitureFittings2021-11-3005284498ns6:LongLeaseholdAssetsns6:LandBuildings2020-11-3005284498ns6:PlantMachinery2020-11-3005284498ns6:FurnitureFittings2020-11-3005284498ns6:MoreThanFiveYearsns6:Non-currentFinancialInstruments2021-11-3005284498ns6:MoreThanFiveYearsns6:Non-currentFinancialInstruments2020-11-30
REGISTERED NUMBER: 05284498 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2021

for

Speakgerman Limited

Speakgerman Limited (Registered number: 05284498)






Contents of the Financial Statements
for the Year Ended 30 November 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

Speakgerman Limited

Company Information
for the Year Ended 30 November 2021







DIRECTORS: M Sedgwick
Ms P Einwiller





SECRETARY: M Sedgwick





REGISTERED OFFICE: The Counting House
Watling Lane
Thaxted
Essex
CM6 2QY





REGISTERED NUMBER: 05284498 (England and Wales)





ACCOUNTANTS: RIDGELL & CO
The Counting House
Watling Lane
Thaxted, Dunmow
Essex
CM6 2QY

Speakgerman Limited (Registered number: 05284498)

Balance Sheet
30 November 2021

30.11.21 30.11.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 659,295 659,862

CURRENT ASSETS
Cash at bank 53,071 87,700

CREDITORS
Amounts falling due within one year 5 1,371 11,112
NET CURRENT ASSETS 51,700 76,588
TOTAL ASSETS LESS CURRENT
LIABILITIES

710,995

736,450

CREDITORS
Amounts falling due after more than one year 6 453,353 453,140
NET ASSETS 257,642 283,310

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 257,640 283,308
SHAREHOLDERS' FUNDS 257,642 283,310

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 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.

Speakgerman Limited (Registered number: 05284498)

Balance Sheet - continued
30 November 2021


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 Board of Directors and authorised for issue on 11 August 2022 and were signed on its behalf by:





M Sedgwick - Director


Speakgerman Limited (Registered number: 05284498)

Notes to the Financial Statements
for the Year Ended 30 November 2021

1. STATUTORY INFORMATION

Speakgerman Limited is a private company, limited by shares , registered in England and Wales. 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 - 15% on reducing balance
Fixtures and fittings - 25% on reducing balance

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 1 (2020 - 2 ) .

Speakgerman Limited (Registered number: 05284498)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2021

4. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and
leasehold machinery fittings Totals
£    £    £    £   
COST
At 1 December 2020
and 30 November 2021 657,094 8,703 17,373 683,170
DEPRECIATION
At 1 December 2020 - 7,450 15,858 23,308
Charge for year - 188 379 567
At 30 November 2021 - 7,638 16,237 23,875
NET BOOK VALUE
At 30 November 2021 657,094 1,065 1,136 659,295
At 30 November 2020 657,094 1,253 1,515 659,862

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.21 30.11.20
£    £   
Trade creditors (5,393 ) 1
Taxation and social security 984 10,980
Other creditors 5,780 131
1,371 11,112

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.21 30.11.20
£    £   
Bank loans 196,254 196,041
Other creditors 257,099 257,099
453,353 453,140

Amounts falling due in more than five years:

Repayable otherwise than by instalments
The Mortgage Works (UK) Ltd 196,254 196,041
Loan from M Sedgwick re flat 257,099 257,099
453,353 453,140

Speakgerman Limited

Report of the Accountants to the Directors of
Speakgerman Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 November 2021 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






RIDGELL & CO
The Counting House
Watling Lane
Thaxted, Dunmow
Essex
CM6 2QY


11 August 2022