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Company Registration No. 04744200 (England and Wales)
Interpreting Matters Limited Unaudited accounts for the year ended 31 March 2024
Interpreting Matters Limited Unaudited accounts Contents
Page
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Interpreting Matters Limited Company Information for the year ended 31 March 2024
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 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,383 
7,525 
Investments
49,300 
46,525 
55,683 
54,050 
Current assets
Debtors
242,145 
244,473 
Cash at bank and in hand
262,355 
210,815 
504,500 
455,288 
Creditors: amounts falling due within one year
(165,788)
(138,828)
Net current assets
338,712 
316,460 
Net assets
394,395 
370,510 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
394,295 
370,410 
Shareholders' funds
394,395 
370,510 
For the year ending 31 March 2024 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.
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 29 August 2024 and were signed on its behalf by
Karen Dinley Director Company Registration No. 04744200
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Interpreting Matters Limited Notes to the Accounts for the year ended 31 March 2024
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
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
2,903 
19,138 
22,041 
Additions
- 
1,013 
1,013 
Disposals
- 
(340)
(340)
At 31 March 2024
2,903 
19,811 
22,714 
Depreciation
At 1 April 2023
2,301 
12,215 
14,516 
Charge for the year
90 
1,957 
2,047 
On disposals
- 
(232)
(232)
At 31 March 2024
2,391 
13,940 
16,331 
Net book value
At 31 March 2024
512 
5,871 
6,383 
At 31 March 2023
602 
6,923 
7,525 
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Interpreting Matters Limited Notes to the Accounts for the year ended 31 March 2024
5
Investments
Other investments 
£ 
Valuation at 1 April 2023
46,525 
Additions
2,775 
Valuation at 31 March 2024
49,300 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
242,145 
242,928 
Accrued income and prepayments
- 
1,545 
242,145 
244,473 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
46,681 
41,466 
Trade creditors
80,861 
77,373 
Taxes and social security
15,152 
6,518 
Loans from directors
22,194 
12,621 
Accruals
900 
850 
165,788 
138,828 
8
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 £25,760 (2023 £30,444).
9
Average number of employees
During the year the average number of employees was 9 (2023: 8).
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