2022-05-01 2023-04-30 11300937 Ultimate Languages Limited false 11300937 2022-05-01 2023-04-30 11300937 uk-bus:Director1 2022-05-01 2023-04-30 11300937 uk-bus:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 11300937 uk-bus:SmallEntities 2022-05-01 2023-04-30 11300937 uk-bus:FullAccounts 2022-05-01 2023-04-30 11300937 uk-bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 11300937 2022-05-01 11300937 2023-04-30 11300937 2022-04-30 xbrli:pure iso4217:GBP 11300937 2021-05-01 2022-04-30
Company Registration Number : 11300937 (England and Wales)
11300937
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2023-04-30
false
Ultimate Languages Limited
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2022-05-01
Ultimate Languages Limited
Unaudited filleted financial statements
For the year ended 30 April 2023
Ultimate Languages Limited
Contents
For the year ended 30 April 2023

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 7


Ultimate Languages Limited
Company Information
For the year ended 30 April 2023

Company registration number 11300937 (England and Wales)
Director Isabella Ballanti
Registered office address Flat 1
47 Park Drive
Harrogate
North Yorkshire
HG2 9AX
Accountant Root Accountants Ltd
Chartered Management Accountants
Sandown House
LS22 7DN
Ultimate Languages Limited
Statement of Financial Position
For the year ended 30 April 2023

2023 2022
Notes £ £
Fixed assets
Property, plant and equipment 13,158 6,659
13,158 6,659
Current assets
Debtors 6 568,247 243,213
Cash and cash equivalents 308,979 266,239
877,226 509,452
Current liabilities
Creditors: Amounts falling due within one year 7 (443,128) (313,186)
(443,128) (313,186)
Net current assets/(liabilities) 434,098 196,266
Total assets less current liabilities 447,256 202,925
Net assets/(liabilities) 447,256 202,925
Capital and reserves
Called up share capital 8 90 100
Retained earnings 447,166 202,825
Shareholder's funds 447,256 202,925
For the year ended 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The director acknowledges their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 07 September 2023
.............................
Isabella Ballanti (Director)
Company registration number: 11300937
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2023-04-30 30 April 2023
2023 2022
£ £
Fixed Assets 13,158 6,659
Current Assets 854,042 498,917
Prepayments and accrued income 23,184 10,535
Creditors: amounts falling due within one year (443,128) (313,186)
Net current assets (liabilities) 434,098 196,266
Total assets less current liabilities 447,256 202,925
Net Assets (liabilities) 447,256 202,925
Capital and Reserves 447,256 202,925
For the year ending 4/30/2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. For the year ending 30-04-2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 07 September 2023 2023-09-07 and signed on behalf of the board,
.............................
Isabella Ballanti
Director
Company registration number: 11300937
Ultimate Languages Limited
Notes to the Financial Statements
For the year ended 30 April 2023

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is Flat 1, 47 Park Drive, Harrogate, North Yorkshire, HG2 9AX.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Rendering of Services
Revenue from provision of services rendered in the reporting period is recognised when the outcome of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion of a proportion of the total services to be rendered. When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.
Foreign currency
Transactions in foreign currencies other than its functional currency are recorded at the foreign exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the year-end date are translated at the foreign exchange rate ruling at that date. Foreign exchange differences arising on translation are recognised in the income statement within financial income or expense, as appropriate. Non-monetary assets that are measured in terms of historical cost in foreign currency are translated using the exchange rate at the date of the transaction.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings
Plant and Machinery
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings25% reducing balance
Equipment
Motor Cars
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Employee benefits
Payments to defined contribution retirement benefit plans are recognised as an expense when employees have rendered service entitling them to the contributions.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

(4) Employees
During the year, the average number of employees including director was 15 (2022 : 11)

(5) Tangible fixed assets
Fixtures and Fittings
£
Cost
As at 01 May 202212,457
Additions10,078
As at 30 April 202322,535
Depreciation
As at 01 May 20225,798
For the year3,578
As at 30 April 20239,376
Net book value
As at 30 April 202313,158
As at 30 April 20226,659

(6) Debtors
Amounts falling due within one year
2023 2022
£ £
Trade debtors 543,279 223,058
Other debtors 1,785 9,620
Prepayments and accrued income 23,184 10,535
568,247 243,213

(7) Creditors: Amounts falling due within one year
2023 2022
£ £
Trade creditors 78,173 109,148
Bank loans and overdrafts 20,387 -
Other taxes and social security 104,037 67,190
Other creditors 55,779 88,850
Accruals and deferred income 184,752 47,998
443,128 313,186

(8) Share capital
Alloted,called up and fully paid: 2023 2022
£ £
90 (2022 : 100) Allotted, Called up and fully paid of £ 1 each90100
90 100
There has been a share buy back for £20,000 on share capital of £10.
£10 of retained reserves is Capital Redemption Reserve.
Retained earnings 2023
£
At 1 May 2022 202,825
Profit of the year 325,674
Dividends paid (81,342)
At 30 April 2023 447,157

(9) Ultimate controlling party
The company's ultimate controlling party is Isabella Ballanti by virtue of his ownership of 100% of the issued share capital in the company.