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Company Registration No. 04744200 (England and Wales)
Interpreting Matters Limited Unaudited accounts for the year ended 31 March 2023
Interpreting Matters Limited Unaudited accounts Contents
Page
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Interpreting Matters Limited Company Information for the year ended 31 March 2023
Directors
Kathleen Skinner Karen Dinley
Company Number
04744200 (England and Wales)
Registered Office
3 IBIS CLOSE WHITSTABLE KENT CT5 3RH
Accountants
Julie Thatcher Bookkeeping & Accountancy 88 Herne Bay Road Whitstable Kent CT5 2LX
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Interpreting Matters Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,525 
4,841 
Investments
46,525 
45,525 
54,050 
50,366 
Current assets
Debtors
244,473 
251,169 
Cash at bank and in hand
210,815 
234,112 
455,288 
485,281 
Creditors: amounts falling due within one year
(138,828)
(195,023)
Net current assets
316,460 
290,258 
Net assets
370,510 
340,624 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
370,410 
340,524 
Shareholders' funds
370,510 
340,624 
For the year ending 31 March 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered 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.
The financial statements were approved by the Board of Directors and authorised for issue on 7 November 2023 and were signed on its behalf by
Kathleen Skinner Director Company Registration No. 04744200
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Interpreting Matters Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Interpreting Matters Limited is a private company, limited by shares, registered in England and Wales, registration number 04744200. The registered office is 3 IBIS CLOSE, WHITSTABLE, KENT, CT5 3RH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on reducing balance
Computer equipment
25% on reducing balance
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2022
17,867 
Additions
5,773 
Disposals
(1,599)
At 31 March 2023
22,041 
Depreciation
At 1 April 2022
13,026 
Charge for the year
2,414 
On disposals
(924)
At 31 March 2023
14,516 
Net book value
At 31 March 2023
7,525 
At 31 March 2022
4,841 
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Interpreting Matters Limited Notes to the Accounts for the year ended 31 March 2023
5
Transactions with related parties
RELATED PARTY DISCLOSURES The company trades with KG Interpreter Limited a company under the control of K Dinley. All transactions are on normal commercial terms. Services supplied by KG Interpreter Limited totalled £30,444 (2022 £39,299).
6
Average number of employees
During the year the average number of employees was 8 (2022: 6).
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