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REGISTERED NUMBER: 03464388 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Language Is Everything Limited

Language Is Everything Limited (Registered number: 03464388)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Language Is Everything Limited

Company Information
for the Year Ended 30 June 2023







DIRECTOR: Mrs C Johnson MBE



REGISTERED OFFICE: 65 Castle Street
Hull
East Yorkshire
HU1 1SD



REGISTERED NUMBER: 03464388 (England and Wales)



ACCOUNTANTS: 360 Accountants Limited
18-19 Albion Street
Hull
East Yorkshire
HU1 3TG



BANKERS: The Co-operative Bank
16 Saltergate
Lincoln
LN2 1DG

Language Is Everything Limited (Registered number: 03464388)

Abridged Balance Sheet
30 June 2023

30/6/23 30/6/22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 13,669 21,448
13,669 21,448

CURRENT ASSETS
Debtors 701,554 774,525
Cash at bank and in hand 63,554 25,352
765,108 799,877
CREDITORS
Amounts falling due within one year 302,758 372,730
NET CURRENT ASSETS 462,350 427,147
TOTAL ASSETS LESS CURRENT
LIABILITIES

476,019

448,595

CAPITAL AND RESERVES
Called up share capital 300 300
Share premium 79,615 79,615
Other reserves 361 361
Retained earnings 395,743 368,319
SHAREHOLDERS' FUNDS 476,019 448,595

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Language Is Everything Limited (Registered number: 03464388)

Abridged Balance Sheet - continued
30 June 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 June 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 3 November 2023 and were signed by:





Mrs C Johnson MBE - Director


Language Is Everything Limited (Registered number: 03464388)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Language Is Everything 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.

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.
Plant and machinery - 20% on cost
Computer equipment - 33% on cost

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Language Is Everything Limited (Registered number: 03464388)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2022 - 28 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2022
and 30 June 2023 6,000
AMORTISATION
At 1 July 2022
and 30 June 2023 6,000
NET BOOK VALUE

At 30 June 2023 -
At 30 June 2022 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2022 326,627
Additions 3,951
At 30 June 2023 330,578
DEPRECIATION
At 1 July 2022 305,179
Charge for year 11,730
At 30 June 2023 316,909
NET BOOK VALUE
At 30 June 2023 13,669
At 30 June 2022 21,448

6. ULTIMATE CONTROLLING PARTY

In the opinion of the directors, the ultimate controlling party is Mrs C Johnson due to her shareholding in Lisel Holdings Ltd, the parent company.