LANGUAGE SERVICES ASSOCIATES (EUROPE) LIMITED iXBRL

Company Registration Number: 07259689

LANGUAGE SERVICES ASSOCIATES (EUROPE) LIMITED

Financial Statements

for the financial year ended 31 December 2025

LANGUAGE SERVICES ASSOCIATES (EUROPE) LIMITED

DIRECTOR AND OTHER INFORMATION


Director	Ms L K T Schriver


Company Registration Number	07259689


Registered Office and Business Address	28-29 New Road
	Kidderminster
	Worcestershire
	DY10 1AF
	England


Independent Auditors	Kendall Wadley LLP
	Chartered Accountants
	Granta Lodge, 71 Graham Road
	Malvern
	Worcestershire
	WR14 2JS
	England


Bankers	Bank of America
	2 King Edward Street
	London
	EC1A 1HQ
	England

LANGUAGE SERVICES ASSOCIATES (EUROPE) LIMITED

Company Registration Number: 07259689

STATEMENT OF FINANCIAL POSITION

as at 31 December 2025

		2025	2024
	Notes	£	£

Current Assets

Debtors

Cash and cash equivalents

25,775

19,459

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25,794

19,477

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Creditors: amounts falling due within one year

(711,738)

(621,675)

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Net Current Liabilities

(685,944)

(602,198)

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Total Assets less Current Liabilities

(685,944)

(602,198)

═════════

Capital and Reserves

Called up share capital

100

100

Other reserves

106

106

Retained earnings

(686,150)

(602,404)

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Equity attributable to owners of the company

(685,944)

(602,198)

═════════

The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Income Statement and Director's Report.

Approved by the Director and authorised for issue on 23 June 2026



________________________________
Ms L K T Schriver
Director

LANGUAGE SERVICES ASSOCIATES (EUROPE) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 December 2025

General Information

LANGUAGE SERVICES ASSOCIATES (EUROPE) LIMITED is a company limited by shares incorporated and registered in the England and Wales. The registered number of the company is 07259689. The registered office of the company is 28-29 New Road, Kidderminster, Worcestershire, DY10 1AF, England which is also the principal place of business of the company. The principal activity of the company continued to be that of translation and interpretation activities.

Currency

The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 December 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Significant judgements and estimates

In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Going Concern

At the time of approving the financial statements, the director has received assurance that the parent company will continue to provide adequate resources to enable the company to continue in operational existence for a period of at least twelve months from the date of approval to the financial statements if required. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.

Pensions

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. Annual contributions payable to the company's pension scheme are charged to the Income Statement in the period to which they relate.

Financial Instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors and loans from fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

INFORMATION RELATING TO THE AUDITOR'S REPORT

The Audit Report was unqualified. There were no matters to which the auditor was required to refer by way of emphasis.

The financial statements were audited by Kendall Wadley LLP.

The Auditor's Report was signed by Elizabeth Needham ACA CTA (VAT) (Senior Statutory Auditor) for and on behalf of Kendall Wadley LLP on 23rd June 2026.

Employees

The average monthly number of employees, including director, during the financial year was 1, (2024 - 1).

2025

2024

Number

Number

Employees

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5.	Debtors	2025	2024
		£	£

	Other debtors	19	18
		═════════	═════════


6.	Creditors	2025	2024
	Amounts falling due within one year	£	£

	Amounts owed to group undertakings (Note 9)	707,811	616,311
	Other creditors	-	2,336
	Accruals	3,927	3,028
		─────────	─────────
		711,738	621,675
		═════════	═════════

Financial Instruments

The company has chosen to apply the provisions of Section 11 and 12 of FRS 102 Section 1A to account for all of its financial instruments.

Pension costs - defined contribution

The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.

Related party transactions

At 31st December 2025, the company owed Language Services Associates Inc £707,811, which includes an additional advance of £91,500 during the year.


Transactions and balances with group companies:
	2025	2024
	£	£

Group Undertaking Creditors

	707,811	616,311
	═════════	═════════

10.

Parent-subsidiary relationship

The ultimate controlling party is Language Services Associates Inc.

The company's parent company is Language Services Associates Inc, of 455 Business Center Drive, Suite 100, Horsham, PA 19044, USA. This company is incorporated in the United States of America.