Langage AD (UK) LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC361820

		2024		2023 as restated
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,245,529		2,363,469

			2,245,529		2,363,469
CURRENT ASSETS
Debtors	5	593,422		343,103
Cash at bank and in hand		1,680,498		911,139

		2,273,920		1,254,242
Creditors: Amounts Falling Due Within One Year	6	(232,158 )		(151,967 )

NET CURRENT ASSETS (LIABILITIES)			2,041,762		1,102,275

TOTAL ASSETS LESS CURRENT LIABILITIES			4,287,291		3,465,744

Creditors: Amounts Falling Due After More Than One Year	7		(2,276,000 )		(2,276,000 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			2,011,291		1,189,744

REPRESENTED BY:
Loans and other debts due to members
Members' capital classified as a liability		1,116,446		613,852

			1,116,446		613,852

Equity
Members' other interests
Other reserves		894,845		575,892

			894,845		575,892

			2,011,291		1,189,744

TOTAL MEMBERS' INTEREST
Loans and other debts due to members			1,116,446		613,852
Members' other interests			894,845		575,892

			2,011,291		1,189,744

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Langage AD (UK) LLP

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr J Harvey

Designated Member

9 September 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Langage AD (UK) LLP is a limited liability partnership, incorporated in England & Wales, registered number OC361820 . The Registered Office is Langage Farm, Higher Challonsleigh, Smithaleigh, Plymouth, PL7 5AY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Revenue recognition

Revenue is recognised to the extent that the LLP obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold land and buildings	No depreciation
Plant and machinery	20% reducing balance
Tools and equipment	20% reducing balance
Computer and office equipment	33% straight line

2.4. Members' interests

Amounts due to members after more than one year comprise provisions for annuities to current members and certain loans from members which are not repayable within twelve months of the balance sheet date.

2.5. Members' remuneration and division of profits

The SORP recognises that the basis of calculating profits for allocation may differ from the profits reflected through the financial statements prepared in compliance with recommended practice, given the established need to seek to focus profit allocation on ensuring equity between different generations and populations of members.

Consolidation of the results of certain subsidiary undertakings, the provision for annuities to current and former members, pension scheme charges, the spreading of acquisition integration costs and the treatment of long leasehold interests are all items which may generate differences between profits calculated for the purpose of allocation and those reported within the financial statements. Where such differences arise, they have been included within other amounts in the balance sheet.

Members' fixed shares of profits (excluding discretionary fixed share bonuses) and interest earned on members' balances are automatically allocated and, are treated as members' remuneration charged as an expense to the profit and loss account in arriving at profit available for discretionary division among members.

The remainder of profit shares, which have not been allocated until after the balance sheet date, are treated in these financial statements as unallocated at the balance sheet date and included within other reserves.

2.6. Taxation

The taxation payable on the partnership's profits is the personal liability of the members, although payment of such liabiliies is administered bty yhe partnership on behalf of its members. Consequently, neither partnership taxation nor related deferred taxation is accounted for in these financial statements. Sums set aside in respect of members' tax obligations are included in the balance sheet within loans and other debts due to members, or are set against amounts due from members as appropriate.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 9 (2023: 9)

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Langage AD (UK) LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Tangible Assets

	Land & Property
	Freehold land and buildings	Plant and machinery	Tools and equipment	Computer and office equipment	Total
	£	£	£	£	£
Cost
As at 1 January 2024	2,194,629	3,043,316	34,509	6,017	5,278,471
Additions	-	57,053	-	-	57,053
Disposals	-	(44,085 )	-	-	(44,085 )

As at 31 December 2024	2,194,629	3,056,284	34,509	6,017	5,291,439

Depreciation
As at 1 January 2024	492,335	2,389,223	27,992	5,452	2,915,002
Provided during the period	41,891	121,724	1,303	281	165,199
Disposals	-	(34,291 )	-	-	(34,291 )

As at 31 December 2024	534,226	2,476,656	29,295	5,733	3,045,910

Net Book Value
As at 31 December 2024	1,660,403	579,628	5,214	284	2,245,529

As at 1 January 2024	1,702,294	654,093	6,517	565	2,363,469

5. Debtors

	2024	2023 as restated
	£	£
Due within one year
Trade debtors	586,454	338,189
Other debtors	6,968	4,914

	593,422	343,103

6. Creditors: Amounts Falling Due Within One Year

	2024	2023 as restated
	£	£
Trade creditors	38,300	42,245
Other creditors	129,189	70,273
Taxation and social security	64,669	39,449

	232,158	151,967

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023 as restated
	£	£
Other creditors	2,276,000	2,276,000

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