Interpreting Matters Limited

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

Registered number: 04744200

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		5,932		6,383
Investments	5		50,000		49,300

			55,932		55,683
CURRENT ASSETS
Debtors	6	220,262		242,145
Cash at bank and in hand		285,894		262,355

		506,156		504,500
Creditors: Amounts Falling Due Within One Year	7	(157,795 )		(165,788 )

NET CURRENT ASSETS (LIABILITIES)			348,361		338,712

TOTAL ASSETS LESS CURRENT LIABILITIES			404,293		394,395

NET ASSETS			404,293		394,395

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			404,193		394,295

SHAREHOLDERS' FUNDS			404,293		394,395

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Interpreting Matters Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 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.

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

On behalf of the board

Mrs Kathleen Skinner

Director

02/12/2025

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

1. General Information

Interpreting Matters Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04744200 . The registered office is 3 Ibis Close, Whitstable, Kent, CT5 3RH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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:

Plant & Machinery	15% on reducing balance
Computer Equipment	25% on reducing balance

2.4. Taxation

Income tax expense represents the sum of the tax currently payable 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 and 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2024: 9)

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	2,903	19,811	22,714
Additions	940	489	1,429
Disposals	-	(171 )	(171 )

As at 31 March 2025	3,843	20,129	23,972

Depreciation
As at 1 April 2024	2,391	13,940	16,331
Provided during the period	218	1,566	1,784
Disposals	-	(75 )	(75 )

As at 31 March 2025	2,609	15,431	18,040

...CONTINUED

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Interpreting Matters Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025	1,234	4,698	5,932

As at 1 April 2024	512	5,871	6,383

5. Investments

	Unlisted
	£
Cost
As at 1 April 2024	49,300
Additions	700

As at 31 March 2025	50,000

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	50,000

As at 1 April 2024	49,300

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	220,129	242,145
Other debtors	133	-

	220,262	242,145

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	76,585	80,861
Other creditors	26,274	23,094
Taxation and social security	54,936	61,833

	157,795	165,788

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

9. Related Party Transactions

The company trades with KG Interpreter Limited, a company under the control of Karen Dinley. All transactions are on normal commercial terms.

Services supplied by KG Interpreter Limited totalled £41,798 (2024 £25,760).

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