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
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
Interpreting Matters Limited
Statement of financial position
as at 31 March 2024
Tangible assets
6,383
7,525
Cash at bank and in hand
262,355
210,815
Creditors: amounts falling due within one year
(165,788)
(138,828)
Net current assets
338,712
316,460
Net assets
394,395
370,510
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
Interpreting Matters Limited
Notes to the Accounts
for the year ended 31 March 2024
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.
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.
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
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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
At 31 March 2024
2,903
19,811
22,714
At 1 April 2023
2,301
12,215
14,516
Charge for the year
90
1,957
2,047
At 31 March 2024
2,391
13,940
16,331
At 31 March 2024
512
5,871
6,383
At 31 March 2023
602
6,923
7,525
Interpreting Matters Limited
Notes to the Accounts
for the year ended 31 March 2024
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Investments
Other investments
Valuation at 1 April 2023
46,525
Valuation at 31 March 2024
49,300
Amounts falling due within one year
Trade debtors
242,145
242,928
Accrued income and prepayments
-
1,545
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
80,861
77,373
Taxes and social security
15,152
6,518
Loans from directors
22,194
12,621
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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).
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Average number of employees
During the year the average number of employees was 9 (2023: 8).