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UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549

FORM 10-KSB

(Mark One)

[X]Annual Report Under Section 13 Or 15(d) Of The
Securities Exchange Act Of 1934

For the fiscal year ended July 31, 2007

[   ] Transition Report Under Section 13 Or 15(d) Of
The Securities Exchange Act Of 1934

For the transition period from _____ to _____

COMMISSION FILE NUMBER:000-52738

LANGUAGE ENTERPRISES CORP.(Name of small business issuer in its charter)

|NEVADA                                                               | 00-0000000                          
|-------------------------------------------------------------------- | ------------------------------------
|(State or other jurisdiction of incorporation or
      organization) | (I.R.S. Employer Identification No.)
|13747 57A Avenue                                                     |                                     
|Surrey, BC, Canada                                                   | V3X 2V6                             
|(Address of principal executive offices)                             | (Zip Code)                          

(604) 375-7313Issuers telephone number

Securities registered under Section 12(b) of the Exchange
      Act:
    NONE.Securities registered under Section 12(g) of the Exchange
      Act:
    Shares of CommonStock,$0.001Par Value Per Share.


Check whether the issuer (1) filed all reports required to be
  filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or
  for such shorter period that the registrant was required to file such reports),
  and (2) has been subject to such filing requirements for the past 90 days. Yes [X]No [   ]

Check if there is no disclosure of delinquent filers in response
  to Item 405 of Regulation S-B contained in this form, and no disclosure will
  be contained, to the best of registrants knowledge, in definitive proxy
  or information statements incorporated by reference in Part III of this Form
  10-KSB or any amendment to this Form 10-KSB. [   ]

Indicate by check mark whether the registrant is a shell company
  (as defined in Rule 12b-2 of the Exchange Act).
  Yes [   ]   No [X]

State issuers revenues for its most recent fiscal year.
$NIL

State the aggregate market value of the voting and non-voting
  common equity held by non-affiliates computed by reference to the price at which
  the common equity was sold, or the average bid and asked price of such common
  equity, as of a specified date within the past 60 days. (See definition of affiliate
  in Rule 12b-2of the Exchange Act.): $166,350, based on a price of
  $0.10 per share, being the price at which the Issuer last sold shares of its
  common stock.

State the number of shares outstanding of each of the issuers
  classes of common equity, as of the latest practicable date. As of October
  24, 2007, the Issuer had had 4,003,500 Shares of Common Stock outstanding.

Transitional Small Business Disclosure Format (check one): Yes
[   ]   No [X]

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LANGUAGE ENTERPRISES CORP.

ANNUAL REPORT ON FORM 10-KSB FOR THE YEAR ENDED JULY 31,
2007

INDEX

|               |                                                                                                                                                    | PAGE  
|-------------- | -------------------------------------------------------------------------------------------------------------------------------------------------- | ------
|               |                                                                                                                                                    |       
|PART I         |                                                                                                                                                    | **3** 
|               |                                                                                                                                                    |       
|ITEM 1.        | Description of Business.                                                                                                                           | 3     
|ITEM 2.        | Description of Property.                                                                                                                           | 6     
|ITEM 3.        | Legal Proceedings.                                                                                                                                 | 6     
|ITEM 4.        | Submission of Matters to a Vote of Security Holders.                                                                                               | 6     
|               |                                                                                                                                                    |       
|PART II        |                                                                                                                                                    | **7** 
|               |                                                                                                                                                    |       
|ITEM 5.        | Market for Common Equity and Related Stockholder Matters
      and Small Business Issuer Purchases of Equity Securities.                           | 7     
|ITEM 6.        | Managements Discussion and Analysis or Plan of Operation.                                                                                         | 8     
|ITEM 7.        | Financial Statements.                                                                                                                              | 10    
|ITEM 8.        | Changes in and Disagreements with Accountants on Accounting
      and Financial Disclosure.                                                        | 15    
|ITEM 8A.       | Controls and Procedures.                                                                                                                           | 15    
|ITEM 8B.       | Other Information.                                                                                                                                 | 15    
|               |                                                                                                                                                    |       
|PART III       |                                                                                                                                                    | **16**
|               |                                                                                                                                                    |       
|ITEM 9.        | Directors, Executive Officers, Promoters, Control Persons
      and Corporate Governance; Compliance with Section 16(A) of the Exchange
      Act. | 16    
|ITEM 10.       | Executive Compensation.                                                                                                                            | 18    
|ITEM 11.       | Security Ownership of Certain Beneficial Owners and Management
      and Related Stockholder Matters.                                              | 18    
|ITEM 12.       | Certain Relationships and Related Transactions, and Director
      Independence.                                                                   | 19    
|ITEM 13.       | Exhibits.                                                                                                                                          | 20    
|ITEM 14.       | Principal and Accountant Fees and Services.                                                                                                        | 20    
|               |                                                                                                                                                    |       
|**SIGNATURES** | **21**                                                                                                                                            

2

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PART I

Certain statements contained in this Annual Report on Form
10-KSB constitute forward-looking statements. These statements, identified by
words such as plan, anticipate, believe, estimate, should, expect,
and similar expressions include our expectations and objectives regarding our
future financial position, operating results and business strategy. These
statements reflect the current views of management with respect to future events
and are subject to risks, uncertainties and other factors that may cause our
actual results, performance or achievements, or industry results, to be
materially different from those described in the forward-looking statements.
Such risks and uncertainties include those set forth under the caption
Managements Discussion and Analysis or Plan of Operation and elsewhere in
this Annual Report. We advise you to carefully review the reports and documents
we file from time to time with the Securities and Exchange Commission (the
SEC), particularly our Quarterly Reports on Form 10-QSB and our Current
Reports on Form 8-K.

As used in this Annual Report, the terms we, us, our,
Language, and the Company mean Language Enterprises Corp., unless otherwise
indicated. All dollar amounts in this Annual Report are expressed in U.S.
dollars, unless otherwise indicated.

ITEM
1.           DESCRIPTION OF
BUSINESS.

Overview

We were incorporated on October 25, 2005 under the laws of the
state of Nevada. We are a translation brokerage business, acting as an
intermediary between clients and the independent, professional translators
located throughout the world with whom we are associated. While we maintain an
internet presence at www.languageenterprisescorp.com, we are not an
internet-based translation service. Clients engage us to source professional
translations of their documents and we, in turn, engage an appropriate
translator that is acceptable to the client. Our focus is translations between
the worlds main commercial and scientific languages. Public companies operating
in the resource sectors of oil & gas and mining often require professional
independent translations of technical and other documents. We market our
services to these potential clients in particular.

Recent Corporate Developments

The following significant developments occurred during the
fiscal year ended July 31, 2007:

|1. | On October 4, 2006, our registration statement on Form
      SB-2 registering the sale of 1,663,500 shares of our common stock by
      certain selling stockholders was declared effective. The selling
      stockholders listed in the SB-2 have sold all of the shares offered
      through the registration statement.                                                                                                  
|-- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                                                                                                                                                                                                                                                                                               
|2. | On April 20, 2007, our shares of common stock commenced
      quotation on the Over-The-Counter Bulletin Board under the symbol
      LNGG.                                                                                                                                                                                                                                                                                 
|   |                                                                                                                                                                                                                                                                                                                                                                                                                               
|3. | Effective October 9, 2007, Michael Heithaus resigned as a
      member of our board of directors. Mr. Heithaus resigned for personal
      reasons and there was no disagreement between him and our management
      regarding any matter relating to our operations, policies and practices.
      We did not appoint a new director to replace Mr. Heithaus and our board of
      directors was reduced to two directors.

Business Development

Language Enterprises Corp. was initially conceived by the
Companys founders, Jonathan Moore and Naomi Moore, in spring, 2005. Jonathan
and Naomi Moore are married. During the spring and summer of 2005 they conducted
research into the translation business. They perceived a demand for technical

3

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translation services related to increased investment in mineral
and oil and gas exploration globally. On October 25, 2005 they incorporated
Language Enterprises Corp. Jonathan Moore and Naomi Moore are currently the
Companys only employees.

Our management believes that many of the companies engaged in
natural resource exploration are public companies or in the process of going
public. These companies are subject to significant regulation. They are normally
required to publish audited annual financial statements and comply with ongoing
continuous disclosure and regulatory filing requirements. In English-speaking
countries, regulations typically provide that much of this disclosure must be
made in English. For example, Regulation S-T Rule 306 under the Securities Act
of 1933 and Exchange Act of 1934, which governs the treatment of foreign
language documents being filed electronically with the SEC, currently prohibits
the filing of foreign language documents in electronic format. It also requires
the electronic submission of a fair and accurate English translation of any
document, required as an exhibit or attachment to a filing that is in a foreign
language. Under this Rule, filers may file English language summaries of minor
documents, but for significant documents, an English translation of the complete
document must be filed. Regulatory regimes in other countries have similar
requirements. It is our view that these regulatory requirements represent a
business opportunity for Language Enterprises Corp.

Our first step after incorporation was to engage appropriate
translators. From January, 2006 until March, 2006 we engaged approximately 50
translators under our standard form engagement agreement. Our focus was on
engaging translators able to translate the worlds main commercial and
scientific languages (such as French, Chinese, Russian, Spanish, Portuguese, and
German) into English, however we are able to source the translation of a number
of other languages. Many of our translators have technical backgrounds in oil
& gas and mining.

The agreements with our translators are mutually non-exclusive
in that we may contact multiple translators about a particular job and the
translators themselves are free to work for other clients without restriction.
The agreements provide that as and when we are requested to procure a
translation, we may contact the translator with a proposal. Price, timing and
other material terms of individual jobs are to be negotiated on a case-by-case
basis. The agreements explicitly restrict the translator from circumventing and
impose enhanced confidentiality obligations which are in addition to the
confidentiality obligations already imposed by the professional translators
organizations. All of our translators have represented to us that they are
members of a recognized professional translators association. Each of our
translators has entered into our standard form engagement agreement which
contains the following key terms:

|- | We may post a summary of the translators background on
      our website to demonstrate to clients the range of skills available
      through us.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|- | As and when clients engage us to procure a translation
      that suits a particular translators skills, we may contact that
      translator with a proposal. Price, timing and other material terms of
      individual jobs are to be negotiated on a case-by-case basis.                                                                                                                                                                                                                                                                                                                                                      
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|- | The translator agrees to not circumvent us.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|- | The translators work is to be reviewed at agreed
      milestone dates. If a deadline is unworkable, the translator must
      renegotiate the deadline as soon as this becomes apparent. Failure to
      renegotiate a reasonable deadline in advance permits us to terminate a
      contract.                                                                                                                                                                                                                                                                                                                                 
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|- | Negotiated fees are to include the cost of materials and
      supplies necessary for completion of the project. It is the translators
      responsibility to renegotiate the fee with us before incurring any costs
      in addition to this maximum. Translators are to keep a timesheet, noting
      translation time and the days on which the work was done. The translator
      is responsible for the cost of delivering work to us by courier, unless
      otherwise agreed upon. If a translator is more than 24 hours late meeting
      a deadline without notifying us in advance, we can terminate the contract.

4

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|- | We reserve the right to revise
      the final translation.                                                                                                                                                                                                                               
|- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  |                                                                                                                                                                                                                                                                                           
|- | The translator does not retain copyright of translated
      material. We retain the right to use, revise, adapt, or alter material as
      we choose. However, the translator is to be recognized as the translator
      of the material unless they choose to have their name removed.
|  |                                                                                                                                                                                                                                                                                           
|- | The translator agrees to maintain
      the confidentiality of all communications and documents.                                                                                                                                                                                          

Our business model is to provide a one stop translation
management service for clients. In other words, a clients management is able to
contact us regarding a translation and then we manage the translation job from
start to finish. When a client contacts us regarding a particular translation,
we prepare a work project proposal that we then circulate to the appropriate
translator or translators. Under our model, the translators then reply to our
proposal and, if they are available to work on the particular project, they
agree to the project proposal or offer amended terms. We then add our fee to the
price that has been agreed with the translator and forward a job proposal to the
client.

We have conducted preliminary client development to-date. This
has been by word of mouth, relying on managements connections with the business
community in British Columbia, and by way of a targeted marketing campaign
consisting of a mail out to prospective customers and service providers to those
customers, and also telephone and email follow-up marketing. During April and
May, 2006 we entered into agreements to provide translation services to two
Vancouver-based natural resource issuers, Toro Resources Corp. and Magnus
International Resources Inc. Toro currently operates in North America while
Magnus operates in China. Although these agreements have been in place since
2006, we have earned only limited income to date. There are no assurances that
we will be able to earn significant revenues from our translation brokerage
business in the future.

Environmental Regulations and Government Approvals

Our operations are not subject to any environmental laws.

We do not require any government approvals in order to conduct
our business. We are subject to common securities, business and tax rules and
regulations. Government regulations do not, and are not expected to, materially
impact our business. Our translators are regulated by their respective
professional translators associations.

Competition

The marketplace for translation services is large, diverse, and
well-established. We compete against individual translators, translation
businesses, and online (web-based) translators. Many translators and translation
businesses have significant and established online presences which give them an
advantage over us in marketing their services. For example, Vox Translations,
All Translations, and Translation Services, USA all appear at or near the top of
internet searches for translation services. These and many other companies claim
to have in-house translators available to provide translation services on short
notice. While having in-house translators is advantageous in that it can
guarantee access to translators, in our view it is a potential disadvantage to
the extent the translators represent an excessive ongoing overhead expense. Our
business model is to avoid the overhead expense of maintaining an in-house
staff, and instead utilize translators that we have a formal relationship with
on an as-needed basis. We intend to focus on technical translation for the
resource sectors of oil & gas and mining. We believe this concentration will
enable us to provide a superior, specialized service to businesses in these
industries.

Employees

We have no employees other than our officers and directors as
of the date of this Annual Report on Form 10-KSB.

5

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Research and Development Expenditures

We have not incurred any research expenditures since our
incorporation.

Patents and Trademarks

We do not own, either legally or beneficially, any patent or
trademark.

ITEM
2.           DESCRIPTION OF
PROPERTY.

We currently do not own any physical property or own any real
property.

We maintain our corporate office at 13747 57A Ave, Surrey, BC,
Canada V3X 2V6. This office space is in the home of Jonathan Moore, our
President, Treasurer and director, and Naomi Moore, our Secretary and director,
and is provided to us free of charge. For accounting purposes, during the year
ended July 31, 2007, we recorded a rent charge of $6,000, which is estimated to
be the fair value, with a corresponding increase in additional paid in capital.

ITEM
3.           LEGAL
PROCEEDINGS.

We are not a party to any material legal proceedings and, to
our knowledge, no such proceedings are threatened or contemplated.

ITEM
4.           SUBMISSION OF
MATTERS TO A VOTE OF SECURITY HOLDERS.

None.

6

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PART II

|ITEM 5. | MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER
      MATTERS AND **SMALL BUSINESS ISSUER PURCHASES OF EQUITY
      SECURITIES.**
|------- | ----------------------------------------------------------------------------------------------------------------------------------

General

Our authorized capital stock consists of 100,000,000 shares of
common stock, with a par value of $0.001 per share. As of October 24, 2007,
there were 4,003,500 shares of our common stock issued and outstanding that are
held of record by thirty-six (36) registered stockholders. We believe that a
number of stockholders may hold their shares of our common stock in brokerage
accounts and registered in the name of stock depositories.

Market Information

Our common stock became eligible for quotation on the OTC
Bulletin Board under the symbol LNGG on April 20, 2007. Prior to this date, no
public trading market existed for our common stock. Although our shares became
eligible for quotation on the OTC Bulletin Board in April 2007, the high and low
bid price information for our common stock for the quarters ended April 30, 2007
and July 31, 2007 was not available.

Quotations provided by the OTC Bulletin Board reflect
inter-dealer prices, without retail mark-up, markdown or commission and may not
represent actual transactions.

Dividends

We have not declared any dividends on our common stock since
our inception. There are no dividend restrictions that limit our ability to pay
dividends on our common stock in our Articles of Incorporation or Bylaws. Our
governing statute, Chapter 78 of the Nevada Revised Statutes (the NRS), does
provide limitations on our ability to declare dividends. Section 78.288 of the
NRS prohibits us from declaring dividends where, after giving effect to the
distribution of the dividend:

|(a) | we would not be able to pay our debts as they become due
      in the usual course of business; or                                                                                                                                                                                                                                                                                                                                                                     
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|(b) | our total assets would be less than the sum of our total
      liabilities plus the amount that would be needed, if we were to be
      dissolved at the time of distribution, to satisfy the preferential rights
      upon dissolution of stockholders who may have preferential rights and
      whose preferential rights are superior to those receiving the distribution
      (except as otherwise specifically allowed by our Articles of
      Incorporation).

Recent Sales Of Unregistered Securities

None.

Use of Proceeds from Registered Securities

The selling stockholders listed in our registration statement
on Form SB-2 have sold all of the shares offered through that registration
statement. As all of the shares sold by the selling stockholders were previously
issued and outstanding, we did not receive any proceeds from the sale of those
shares.

7

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ITEM
6.           MANAGEMENTS
DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.

PLAN OF OPERATION

During our fiscal year ended July 31, 2007, we conducted a mail
out marketing campaign that was designed primarily to target new prospective
customers for our services. The target of this campaign was companies in the oil
and gas and mining sectors. We also targeted businesses that provide
professional services to these companies, including law firms, accounting firms
and engineering businesses. Despite this campaign, we were unable to generate
any significant revenues during the year ended July 31, 2007.

We are currently considering whether or not to hire a marketing
professional to assist us in developing a more effective marketing program.

We currently estimate our budgeting needs as follows; however,
as we proceed with the development of our business, our anticipated expenses
could change significantly.

Category
    Planned Expenditures
      Over The Next 12 Months (US$)Marketing
    $5,000Legal
    $8,000Office and Administration
    $10,000Accounting
    $8,000Audit
    $10,000Transfer Agent
    $2,500Contingency/Miscellaneous
    $5,000TOTAL
    $48,500


As at July 31, 2007, we had $31,268 in cash and a working
capital surplus of $25,393. As such, we do not have sufficient funds to meet our
anticipated expenses for the next twelve months. We have not earned significant
revenues from our operations to date and there are no assurances that we will be
able to do so in the near future. As a result, we will likely have to rely on
external sources of financing in order to pay for anticipated costs of operating
our business. In addition, there are no assurances that the actual costs of our
anticipated expenses will not exceed the estimates of those costs. We have an
agreement with Jonathan Moore, our President and one of our directors, under
which Mr. Moore has agreed to loan us $40,000 on an as needed basis at an
interest rate of prime plus 2%. We do not have any other financing arrangements
in place at this time.

RESULTS OF OPERATIONS

|Summary of Year End Results |           |                          |                      
|--------------------------- | --------- | ------------------------ | ---------------------
|                            |           | Year
      Ended July 31 |                      
|                            |           |                          | Percentage           
|                            | 2007      | 2006                     | Increase / (Decrease)
|Expenses                    | $(85,395) | $(36,610)                | 133.3%               
|Miscellaneous Income        | 3,736     | --                       | n/a                  
|Net Loss                    | $(81,659) | $(36,610)                | 123.1%               

8

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Income

During the year ended July 31, 2007, we earned miscellaneous
income of $3,736. This income was earned from a trial run conducted by the
Company and was classified as miscellaneous income as it did not constitute
revenue from operations. The Company has not yet earned revenue from operations
as the Company is still in the development stage.

We can provide no assurance that we will earn significant
revenues from our business operations in the future.

Expenses

The major components of our operating expenses are outlined in
the table below:

|                         |                     | Period
      from   |                      
|------------------------ | ------------------- | ------------------- | ---------------------
|                         | Year Ended          | Inception to        | Percentage           
|                         | July
      31, 2007 | July
      31, 2006 | Increase / (Decrease)
|Amortization             | $144                | $12                 | 1,100%               
|Bank Charges             | 112                 | 179                 | (37.4)%              
|Communications           | 947                 | 812                 | 16.6%                
|Consulting               | 3,296               | --                  | n/a                  
|Filing Fees              | 5,877               | 426                 | 1,280.0%             
|Foreign Exchange Loss    | (1,496)             | 18                  | (8,411)%             
|Legal Fees               | 13,482              | 844                 | 1,497.4%             
|Management Services      | 36,000              | 27,000              | 33.3%                
|Office Expenses          | 291                 | 279                 | 4.3%                 
|Professional Fees        | 18,303              | --                  | n/a                  
|Rent                     | 6,000               | 4,500               | 33.3%                
|Travel and Entertainment | 2,239               | 521                 | 329.8%               
|Website Development      | 200                 | 2,019               | (90.1)%              
|Total Operating Expenses | $85,395             | $36,610             | 133.3%               

The increase in our total expenses is primarily a result of the
increase in legal and professional fees and from the fact that our 2006 fiscal
year was not a full fiscal year. The majority of the amounts spent by us on
legal and professional fees are amounts paid in connection with preparing and
filling our Registration Statement on Form SB-2 and meeting our ongoing
reporting obligations under the Exchange Act.

The amounts recorded for management services and rent were
recorded solely for accounting purposes and reflect the estimated fair value of
the services and rent provided to us free of charge. A corresponding increase in
additional paid in capital has been recorded with respect to these amounts.

LIQUIDITY AND FINANCIAL CONDITION

|Working Capital           |                        |                        |                      
|------------------------- | ---------------------- | ---------------------- | ---------------------
|                          |                        |                        | Percentage           
|                          | At July
      31, 2007 | At July
      31, 2006 | Increase / (Decrease)
|Current Assets            | $31,268                | $68,907                | (54.6)%              
|Current Liabilities       | (5,875)                | (3,567)                | 64.7%                
|Working Capital (Deficit) | $25,393                | $65,340                | (61.1)%              

9

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|Cash Flows                                    |                     |                    
|--------------------------------------------- | ------------------- | -------------------
|                                              |                     | Period from        
|                                              | Year Ended          | Inception to       
|                                              | July
      31, 2007 | July
      31, 2006
|Cash Flows Used in Operating
      Activities | $(36,855)           | $(6,424)           
|Cash Flows Used in Investing Activities       | --                  | (404)              
|Cash Flows From Financing
      Activities    | 974                 | 73,917             
|Net Increase (Decrease) in Cash During Period | $(35,881)           | $67,089            

The decreases in our working capital at July 31, 2007 from our
year ended July 31, 2006, and the increase in our cash used during the year
ended on July 31, 2007, from the preceding fiscal year are primarily a result of
the fact that we did not earn any significant revenue and had no sources of
financing, other than advancement of expenses from Jonathan Moore, with which to
pay the ongoing costs of our business for the fiscal year ended July 31, 2007.

Since our inception, we have used our common stock to raise
money for our operations. Our operations are not currently profitable and are
dependent upon outside sources of financing. We currently have an agreement with
Jonathan Moore under which he has agreed to loan us $40,000 on an as needed
basis at an interest rate of prime plus 2%. We may also rely on sales of our
common stock in order to continue to fund our business operations, if and when
needed. Issuances of additional shares will result in dilution to our existing
stockholders. There is no assurance that we will be able to sell any additional
equity securities in the future. There are no assurances that we will be able to
arrange for other debt or other financing to fund our planned business
activities.

OFF-BALANCE SHEET ARRANGEMENTS

We have no significant off-balance sheet arrangements that have
or are reasonably likely to have a current or future effect on our financial
condition, changes in financial condition, revenues or expenses, results of
operations, liquidity, capital expenditures or capital resources that are
material to our stockholders.

CRITICAL ACCOUNTING POLICIES

We have identified certain accounting policies, described
below, that are most important to the portrayal of our current financial
condition and results of operations. Our significant accounting policies are
disclosed in the notes to the audited financial statements included in this
Annual Report.

RISKS AND UNCERTAINTIES

We have an operating deficit and have incurred losses since
inception.

To date, our operations have not been profitable. We have
generated a cumulative net loss of $118,269 from inception to July 31, 2007. Our
inability to achieve profitability is directly related to our inability to earn
significant revenues. We may never be able to earn significant revenues or
achieve profitability.

We have only a limited operating history and therefore face
a high risk of business failure and this could result in a complete loss of your
investment.

Your evaluation of our business will be difficult because we
have a limited operating history. We face a number of risks encountered by
early-stage companies, including our need to develop infrastructure to

10

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support growth and expansion; our need to obtain long-term
sources of financing; our need to establish our marketing, sales and support
organizations; and our need to manage expanding operations. Our business
strategy may not be successful, and we may not successfully address these risks.
If we are unable to sustain profitable operations, investors may lose their
entire investment in us.

We face competition from existing and potential competitors
which could adversely affect our business.

We face competition in the industry. Due to our small size, it
can be assumed that many of our competitors have significantly greater
financial, technical, marketing and other competitive resources. Many of our
competitors and potential competitors have greater name recognition and more
extensive marketing and customer bases that could be leveraged, for example, to
position themselves as being more experienced, and having greater expertise. To
compete, we may be forced to offer lower prices, increase our marketing budget,
and narrow our marketing focus, resulting in reduced revenues, if any.

The loss of our key persons, or our failure to attract and
retain additional personnel could adversely affect our business.

Our success depends largely upon the efforts, abilities, and
decision-making of our officers, Jonathan Moore, our President and Treasurer,
and Naomi Moore, our Secretary. The loss of either or both of these individuals
would have an adverse effect on our operations. We do not currently maintain
"key-man" life insurance and there is no contract in place assuring the services
of Jonathan and Naomi Moore for any length of time. In addition, our success
depends on the efforts and abilities of the professional translators we engage
and the availability of these translators. If we are unable to engage new
translators and renew and maintain existing relationships, this will have an
adverse effect on our operations. In the event that we should lose Jonathan
Moore and Naomi Moore and we are unable to find suitable replacements, we may
not be able to maintain our business and might have to cease operations, in
which case you might lose all of your investment.

Two stockholders own a majority of our common stock and may
act, or prevent certain types of corporate actions, to the detriment of other
stockholders.

Jonathan Moore and Naomi Moore each own 1,170,000 common
shares, which combined is approximately 58.4% of our issued and outstanding
common stock. Accordingly, they may exercise significant influence over all
matters requiring stockholder approval, including the election of a majority of
the directors and the determination of significant corporate actions. This
concentration could also have the effect of delaying or preventing a change in
control that could otherwise be beneficial to our stockholders.

If we are unsuccessful at surmounting difficulties normally
faced by new enterprises, our business could fail, leading to a loss by our
investors or their investment capital.

As noted in our financial statements that are included in this
Annual Report on Form 10-KSB, we are a development stage company. Potential
investors should be aware of the difficulties normally encountered by a new
enterprise and the high rate of failure of such enterprises. The likelihood of
success must be considered in light of the problems, expenses, difficulties
complications and delays encountered in connection with the development of a
business in the areas in which we intend to operate and in connection with the
formation and commencement of operations of a new business in general. These
include, but are not limited to, unanticipated problems relating to the
development of our brokerage service, marketing and competition, and additional
costs and expenses that may exceed current estimates. There is limited history
upon which to base any assumption as to the likelihood that we will prove
successful, and there can be no assurance that we will generate any significant
operating revenues or ever achieve profitable operations. If we are unsuccessful
in addressing these risks, our business will most likely not be successful to
the point that investors will receive a return on their investments.

11

---

Because we have only recently commenced business operations,
we expect to incur operating losses for the foreseeable future.

We have never earned revenues and we have never been
profitable. Prior to completion of our development stage, we anticipate that we
will incur increased operating expenses while realizing limited or no revenues.
Therefore we expect to incur significant losses into the foreseeable future. We
recognize that if we are unable to generate significant revenues from our
business development, we will not be able to achieve profitability or continue
operations.

If we issue additional shares of common stock in the future
this may result in dilution to our existing stockholders.

Our articles of incorporation authorize the issuance of
100,000,000 shares of common stock. Our board of directors has the authority to
issue additional shares of common stock up to the authorized capital stated in
the articles of incorporation. Our board of directors may choose to issue some
or all of such shares to provide additional financing in the future. The
issuance of any such shares may result in a reduction of the book value or
market price of the outstanding shares of our common stock. It will also cause a
reduction in the proportionate ownership and voting power of all other
stockholders.

If our estimates related to expenditures are erroneous, our
business may fail.

Our success is in part dependent upon the accuracy of our
management's estimates of expenditures. If such estimates are erroneous or
inaccurate we may incur unexpected and/or unnecessary costs that could result in
the failure of our business and an investor losing their entire investment.
Specifically, our office overhead and marketing budgets for the upcoming year
are modest. If unanticipated exigencies significantly increase these budgets, we
may be unable to finance operations and our business will fail.

We are a start up business with a small client base and, if
we do not expand our customer base, our business will likely fail.

We are a start-up business with a small client base. In order
to become profitable, we will have to develop a substantial client base and
generate sufficient revenues to cover our expenses and eventually become
profitable. We may not be successful at attracting clients. If we are
unsuccessful at generating revenues from clients, our business will likely fail
and you may lose some or all of your investment.

We have never paid dividends and do not intend to pay any in
the foreseeable future, which may delay or prevent recovery of your investment.

We have never paid any cash dividends and currently do not
intend to pay any dividends in the foreseeable future. If we do not pay
dividends, this may delay or prevent recovery of your investment. To the extent
that we require additional funding currently not provided for in our financing
plan, it is possible that our funding sources might prohibit the payment of
dividends.

We rely on third parties to provide translation services our
business will be adversely affected to the extent these third parties do not
provide an effective service or are unable to provide the service on terms
acceptable to us.

We act as an intermediary between clients and third party
translators who are independent of us. We depend on the quality, timeliness,
availability, and competitive pricing of these translators. While we believe the
translators will consistently produce and deliver high-quality professional
translations, there can be no assurance that they will. Nor is it certain that
translation services will available to us in the future, and if available, will
be available on financial terms that are acceptable to us and to our clients.
Any such quality problems, unavailability of translators or increased costs
could have a material adverse effect on our business.

12

---

The trading price of our common stock may be volatile, with
the result that an investor may not be able to sell any shares acquired at a
price equal to or greater than the price paid by the investor.

Our common shares are quoted on the OTC Bulletin Board under
the symbol "LNGG. Companies quoted on the OTC Bulletin Board have traditionally
experienced extreme price and volume fluctuations. In addition, our stock price
may be adversely affected by factors that are unrelated or disproportionate to
our operating performance. Market fluctuations, as well as general economic,
political and market conditions such as recessions, interest rates or
international currency fluctuations may adversely affect the market price of our
common stock. In addition, to date, there has been no trading volume for our
shares on the OTC Bulletin Board. As a result of this potential volatility and
potential lack of a trading market, an investor may not be able to sell any of
our common stock that they acquire that a price equal or greater than the price
paid by the investor.

Because our stock is a penny stock, stockholders will be
more limited in their ability to sell their stock.

The SEC has adopted rules that regulate broker-dealer practices
in connection with transactions in penny stocks. Penny stocks are generally
equity securities with a price of less than $5.00, other than securities
registered on certain national securities exchanges or quoted on the Nasdaq
system, provided that current price and volume information with respect to
transactions in such securities is provided by the exchange or quotation
system.

Because our securities constitute "penny stocks" within the
meaning of the rules, the rules apply to us and to our securities. The rules may
further affect the ability of owners of shares to sell our securities in any
market that might develop for them. As long as the trading price of our common
stock is less than $5.00 per share, the common stock will be subject to rule
15g-9 under the Exchange Act. The penny stock rules require a broker-dealer,
prior to a transaction in a penny stock, to deliver a standardized risk
disclosure document prepared by the SEC, that:

|1. | contains a description of the nature and level of risk in
      the market for penny stocks in both public offerings and secondary
      trading;                                                                                        
|-- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|2. | contains a description of the broker's or dealer's duties
      to the customer and of the rights and remedies available to the customer
      with respect to a violation to such duties or other requirements of
      securities laws;
|3. | contains a brief, clear, narrative description of a
      dealer market, including bid and ask prices for penny stocks and the
      significance of the spread between the bid and ask price;                                           
|4. | contains a toll-free telephone number for inquiries on
      disciplinary actions;                                                                                                                                                       
|5. | defines significant terms in the disclosure document or
      in the conduct of trading in penny stocks; and                                                                                                                             
|6. | contains such other information and is in such form,
      including language, type, size and format, as the SEC shall require by
      rule or regulation.                                                                              

The broker-dealer also must provide, prior to effecting any
transaction in a penny stock, the customer with: (a) bid and offer quotations
for the penny stock; (b) the compensation of the broker-dealer and its
salesperson in the transaction; (c) the number of shares to which such bid and
ask prices apply, or other comparable information relating to the depth and
liquidity of the market for such stock; and (d) a monthly account statements
showing the market value of each penny stock held in the customer's account. In
addition, the penny stock rules require that prior to a transaction in a penny
stock not otherwise exempt from those rules; the broker-dealer must make a
special written determination that the penny stock is a suitable investment for
the purchaser and receive the purchaser's written acknowledgment of the receipt
of a risk disclosure statement, a written agreement to transactions involving
penny stocks, and a signed and dated copy of a written suitably statement. These
disclosure requirements may have the effect of reducing the trading activity in
the secondary market for our stock.

13

---

ITEM
7.           FINANCIAL
STATEMENTS.

|**Index to Financial Statements:**                                   | Page                                                                                                                                                                                                                                                 
|-------------------------------------------------------------------- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|                                                                     |                                                                                                                                                                                                                                                      
|Audited financial statements
        as of July 31, 2007, including: |                                                                                                                                                                                                                                                      
|                                                                     |                                                                                                                                                                                                                                                      
|1.                                                                   | Report of Independent Registered Public Accounting Firm;                                                                                                                                                                                             
|                                                                     |                                                                                                                                                                                                                                                      
|2.                                                                   | Balance Sheets as of July 31, 2007 and 2006;                                                                                                                                                                                                         
|                                                                     |                                                                                                                                                                                                                                                      
|3.                                                                   | Statements of Operations and Comprehensive Loss for the
        years ended July 31, 2007, for the period from inception on October 25,
        2005 to July 31, 2006 and for the period from inception on October 25,
        2005 to July 31, 2007;
|                                                                     |                                                                                                                                                                                                                                                      
|4.                                                                   | Statements of Cash Flows for the years ended July 31, 2007,
        for the period from inception on October 25, 2005 to July 31, 2006 and
        for the period from inception on October 25, 2005 to July 31, 2007;                               
|                                                                     |                                                                                                                                                                                                                                                      
|5.                                                                   | Statement of Stockholders Equity for the period from
        inception on October 25, 2005 through July 31, 2007; and                                                                                                                               
|                                                                     |                                                                                                                                                                                                                                                      
|6.                                                                   | Notes to the Financial Statements.                                                                                                                                                                                                                   

14

---







LANGUAGE ENTERPRISES CORP.(A Development Stage Company)

FINANCIAL STATEMENTS

JULY 31, 2007 and 2006(Stated in U.S. Dollars)

---



REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM



To the Stockholders and Directors of 
  Language Enterprises Corp. 
  (A Development Stage Company)

We have audited the accompanying balance sheets of Language Enterprises
  Corp. (a development stage company) as of July 31, 2007 and 2006, and the related
  statements of operations and comprehensive loss, cash flows, and stockholders’
  equity for the year ended July 31, 2007, for the period from inception, October
  25, 2005, to July 31, 2006, and for the cumulative period from inception, October
  25, 2005 to July 31, 2007. These financial statements are the responsibility
  of the Company's management. Our responsibility is to express an opinion on
  these financial statements based on our audits.

We conducted our audits in accordance with the standards of the
  Public Company Accounting Oversight Board (United States). Those standards require
  that we plan and perform an audit to obtain reasonable assurance whether the
  financial statements are free of material misstatement. An audit includes examining,
  on a test basis, evidence supporting the amounts and disclosures in the financial
  statements. An audit also includes assessing the accounting principles used
  and significant estimates made by management, as well as evaluating the overall
  financial statement presentation. We believe that our audits provide a reasonable
  basis for our opinion.

In our opinion, the financial statements referred to above present
  fairly, in all material respects, the financial position of Language Enterprises
  Corp. (a development stage company) as of July 31, 2007 and 2006, and the results
  of its operations and its cash flows for the year ended July 31, 2007, for the
  period from inception, October 25, 2005, to July 31, 2006, and for the cumulative
  period from inception, October 25, 2005 to July 31, 2007, in conformity with
  accounting principles generally accepted in the United States of America.

The Company is not required to have, nor were we engaged to perform,
  an audit of its internal control over financial reporting. Our audit included
  consideration of internal control over financial reporting as a basis for designing
  audit procedures that are appropriate in the circumstances but not for the purpose
  of expressing an opinion on the effectiveness of the Companys internal
  control over financial reporting. Accordingly, we express no such opinion.

|Vancouver, Canada | “Morgan & Company”   
|----------------- | ---------------------
|October 24, 2007  | Chartered Accountants

|Tel: (604) 687-5841 |                                     | P.O. Box 10007 Pacific Centre
|------------------- | ----------------------------------- | -----------------------------
|Fax: (604) 687-0075 | Sute 1488 - 700 West Georgia Street
|www.morgan-cas.com  | Vancouver, B.C. V7Y 1A1            

---

LANGUAGE ENTERPRISES CORP.(A Development Stage Company)

BALANCE SHEETS(Stated in U.S. Dollars)

|                                                 |   | JULY
      31 |  
|------------------------------------------------ | - | ------------- | -
|                                                 |   | 2007          |  
|                                                 |   |               |  
|ASSETS                                           |   |               |  
|                                                 |   |               |  
|Current                                          |   |               |  
|Cash                                             | $ | 31,268        |  
|Prepaid expenses                                 |   | -             |  
|                                                 |   | 31,268        |  
|                                                 |   |               |  
|Office Equipment(Note 4)                         |   | 248           |  
|                                                 |   |               |  
|                                                 | $ | 31,516        |  
|                                                 |   |               |  
|LIABILITIES                                      |   |               |  
|                                                 |   |               |  
|Current                                          |   |               |  
|Accounts payable                                 | $ | 1,334         |  
|Amounts due to related party (Note
      5)      |   | 4,541         |  
|                                                 |   | 5,875         |  
|                                                 |   |               |  
|STOCKHOLDERS EQUITY                             |   |               |  
|                                                 |   |               |  
|Capital Stock(Note 6)                            |   |               |  
|Authorized:                                      |   |               |  
|100,000,000 voting common shares with a par      |   |               |  
|value of $0.001 per share                        |   |               |  
|                                                 |   |               |  
|Issued and outstanding:                          |   |               |  
|4,003,500 common shares as at July 31, 2007      |   |               |  
|and 2006                                         |   | 4,004         |  
|                                                 |   |               |  
|Additional Paid-In Capital                       |   | 139,846       |  
|                                                 |   |               |  
|Accumulated Other Comprehensive Income           |   | 60            |  
|                                                 |   |               |  
|Deficit Accumulated During The Development Stage |   | (118,269      | )
|                                                 |   | 25,641        |  
|                                                 |   |               |  
|                                                 | $ | 31,516        |  

The accompanying notes are an integral part of these financial
  statements

---

LANGUAGE ENTERPRISES CORP.(A Development Stage Company)

STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS(Stated in U.S. Dollars)

|                                         |   |            |   |   |            |   |   | CUMULATIVE |  
|---------------------------------------- | - | ---------- | - | - | ---------- | - | - | ---------- | -
|                                         |   |            |   |   | PERIOD     |   |   | PERIOD     |  
|                                         |   |            |   |   | FROM       |   |   | FROM       |  
|                                         |   |            |   |   | INCEPTION  |   |   | INCEPTION  |  
|                                         |   |            |   |   | OCTOBER 25 |   |   | OCTOBER 25 |  
|                                         |   | YEAR ENDED |   |   | 2005 TO    |   |   | 2005 TO    |  
|                                         |   | JULY 31    |   |   | JULY 31    |   |   | JULY 31    |  
|                                         |   | 2007       |   |   | 2006       |   |   | 2007       |  
|                                         |   |            |   |   |            |   |   |            |  
|Revenue                                  | $ | -          |   | $ | -          |   | $ | -          |  
|                                         |   |            |   |   |            |   |   |            |  
|Expenses                                 |   |            |   |   |            |   |   |            |  
|Amortization                             |   | 144        |   |   | 12         |   | $ | 156        |  
|Bank charges                             |   | 112        |   |   | 179        |   |   | 291        |  
|Communications                           |   | 947        |   |   | 812        |   |   | 1,759      |  
|Consulting                               |   | 3,296      |   |   | -          |   |   | 3,296      |  
|Filing fees                              |   | 5,877      |   |   | 426        |   |   | 6,303      |  
|Foreign exchange
      (gain) loss       |   | (1,496     | ) |   | 18         |   |   | (1,478     | )
|Legal fees                               |   | 13,482     |   |   | 844        |   |   | 14,326     |  
|Management services
      (Note 5)       |   | 36,000     |   |   | 27,000     |   |   | 63,000     |  
|Office expenses                          |   | 291        |   |   | 279        |   |   | 570        |  
|Professional fees                        |   | 18,303     |   |   | -          |   |   | 18,303     |  
|Rent (Note 5)                            |   | 6,000      |   |   | 4,500      |   |   | 10,500     |  
|Travel and entertainment                 |   | 2,239      |   |   | 521        |   |   | 2,760      |  
|Website development                      |   | 200        |   |   | 2,019      |   |   | 2,219      |  
|                                         |   | (85,395    | ) |   | (36,610    | ) |   | (122,005   | )
|                                         |   |            |   |   |            |   |   |            |  
|Miscellaneous Income                     |   | 3,736      |   |   | -          |   |   | 3,736      |  
|                                         |   |            |   |   |            |   |   |            |  
|Net Loss For The Period                  |   | (81,659    | ) |   | (36,610    | ) |   | (118,269   | )
|                                         |   |            |   |   |            |   |   |            |  
|Other Comprehensive Income               |   |            |   |   |            |   |   |            |  
|Foreign currency translation adjustment  |   | (432       | ) |   | 492        |   |   | 60         |  
|                                         |   |            |   |   |            |   |   |            |  
|Comprehensive
      Loss                 | $ | (82,091    | ) | $ | (36,118    | ) | $ | (118,209   | )
|                                         |   |            |   |   |            |   |   |            |  
|                                         |   |            |   |   |            |   |   |            |  
|Basic And Diluted Loss Per Share         | $ | (0.02      | ) | $ | (0.02      | ) |   |            |  
|                                         |   |            |   |   |            |   |   |            |  
|                                         |   |            |   |   |            |   |   |            |  
|Weighted Average Number Of Common Shares |   |            |   |   |            |   |   |            |  
|Outstanding                              |   | 4,003,500  |   |   | 2,177,260  |   |   |            |  

The accompanying notes are an integral part of these financial
  statements.

---

LANGUAGE ENTERPRISES CORP.(A Development Stage Company)

STATEMENTS OF CASH FLOWS(Stated in U.S. Dollars)

|                                                  |   |            |   |   |            |   |   | CUMULATIVE |  
|------------------------------------------------- | - | ---------- | - | - | ---------- | - | - | ---------- | -
|                                                  |   |            |   |   | PERIOD     |   |   | PERIOD     |  
|                                                  |   |            |   |   | FROM       |   |   | FROM       |  
|                                                  |   |            |   |   | INCEPTION  |   |   | INCEPTION  |  
|                                                  |   |            |   |   | OCTOBER 25 |   |   | OCTOBER 25 |  
|                                                  |   | YEAR ENDED |   |   | 2005 TO    |   |   | 2005 TO    |  
|                                                  |   | JULY 31    |   |   | JULY 31    |   |   | JULY 31    |  
|                                                  |   | 2007       |   |   | 2006       |   |   | 2007       |  
|                                                  |   |            |   |   |            |   |   |            |  
|Cash Provided by (Used In):                       |   |            |   |   |            |   |   |            |  
|                                                  |   |            |   |   |            |   |   |            |  
|Operating Activities                              |   |            |   |   |            |   |   |            |  
|                                                  |   |            |   |   |            |   |   |            |  
|Net
      loss for the period                     | $ | (81,659    | ) | $ | (36,610    | ) | $ | (118,269   | )
|                                                  |   |            |   |   |            |   |   |            |  
|Adjustments
      To Reconcile Net Loss To Net    |   |            |   |   |            |   |   |            |  
|Cash
      Used In Development Activities:        |   |            |   |   |            |   |   |            |  
|Amortization                                      |   | 144        |   |   | 12         |   |   | 156        |  
|Rent
      (Note 5)                               |   | 6,000      |   |   | 4,500      |   |   | 10,500     |  
|Management services (Note 5)                      |   | 36,000     |   |   | 27,000     |   |   | 63,000     |  
|Accounts
      payable                            |   | 1,334      |   |   | -          |   |   | 1,334      |  
|Prepaid services                                  |   | 1,326      |   |   | (1,326     | ) |   | -          |  
|                                                  |   | (36,855    | ) |   | (6,424     | ) |   | (43,279    | )
|                                                  |   |            |   |   |            |   |   |            |  
|Investing Activity                                |   |            |   |   |            |   |   |            |  
|Purchase
      of office equipment                |   | -          |   |   | (404       | ) |   | (404       | )
|                                                  |   |            |   |   |            |   |   |            |  
|Financing Activities                              |   |            |   |   |            |   |   |            |  
|Amounts due to related
      party                |   | 974        |   |   | 3,567      |   |   | 4,541      |  
|Issue
      of common stock                       |   | -          |   |   | 70,350     |   |   | 70,350     |  
|                                                  |   | 974        |   |   | 73,917     |   |   | 74,891     |  
|                                                  |   |            |   |   |            |   |   |            |  
|Net Increase (Decrease) In Cash                   |   | (35,881    | ) |   | 67,089     |   |   | 31,208     |  
|                                                  |   |            |   |   |            |   |   |            |  
|Effect Of Unrealized Exchange Rate Changes        |   | (432       | ) |   | 492        |   |   | 60         |  
|                                                  |   |            |   |   |            |   |   |            |  
|Cash, Beginning Of Period                         |   | 67,581     |   |   | -          |   |   | -          |  
|                                                  |   |            |   |   |            |   |   |            |  
|Cash, End
      Of Period                         | $ | 31,268     |   | $ | 67,581     |   | $ | 31,268     |  
|                                                  |   |            |   |   |            |   |   |            |  
|Supplemental Disclosures Of Cash Flow Information |   |            |   |   |            |   |   |            |  
|                                                  |   |            |   |   |            |   |   |            |  
|Interest paid                                     | $ | -          |   | $ | -          |   | $ | -          |  
|Income taxes paid                                 | $ | -          |   | $ | -          |   | $ | -          |  

The accompanying notes are an integral part of these financial
  statements

---

LANGUAGEENTERPRISES CORP.(ADevelopmentStageCompany)

STATEMENT OF STOCKHOLDERS EQUITY

PERIOD FROM INCEPTION, OCTOBER 25, 2005, TO JULY
  31, 2007(Stated in U.S. Dollars)

COMMON
        STOCK
      
      
      DEFICITNUMBER
      
      
      
      
      
      
      
      
      ACCUMULATED
      
      
      ACCUMULATEDOF
      
      
      
      
      
      ADDITIONAL
      
      
      DURING THE
      
      
      OTHERCOMMON
      
      
      PAR
      
      
      PAID-IN
      
      
      DEVELOPMENT
      
      
      COMPREHENSIVESHARES
      
      
      VALUE
      
      
      CAPITAL
      
      
      STAGE
      
      
      INCOME
      
      
      TOTALBalance, October 25, 2005 (Date ofinception)
      -
      
      $
      -
      
      $
      -
      
      $
      -
      
      $
      -
      
      $
      -January 26, 2006  Shares issued forcash at $0.01
      2,600,000
      
      
      2,600
      
      
      23,400
      
      
      -
      
      
      -
      
      
      26,000March 26, 2006  Shares issued forcash at $0.02
      1,200,000
      
      
      1,200
      
      
      22,800
      
      
      -
      
      
      -
      
      
      24,000May 19, 2006  Shares issued for cashat $0.10
      203,500
      
      
      204
      
      
      20,146
      
      
      -
      
      
      -
      
      
      20,350Foreign currency translation
      -
      
      
      -
      
      
      -
      
      
      -
      
      
      492
      
      
      492Fair value of rent and managementservices donated by Directors
        (Note 5)
      -
      
      
      -
      
      
      31,500
      
      
      -
      
      
      -
      
      
      31,500Net loss for the period
      -
      
      
      -
      
      
      -
      
      
      (36,610
      )
      
      -
      
      
      (36,610
      )Balance July 31, 2006
      4,003,500
      
      
      4,004
      
      
      97,846
      
      
      (36,610
      )
      
      492
      
      
      65,732Foreign currency translation
      -
      
      
      -
      
      
      -
      
      
      -
      
      
      (432
      )
      
      (432
      )Fair value of rent and managementservices donated by Directors (Note 5)
      -
      
      
      -
      
      
      42,000
      
      
      -
      
      
      -
      
      
      42,000Net loss for the year
      -
      
      
      -
      
      
      -
      
      
      (81,659
      )
      
      -
      
      
      (81,659
      )Balance July 31, 2007
      4,003,500
      
      $
      4,004
      
      $
      139,846
      
      $
      (118,269
      )
      $
      60
      
      $
      25,641


The accompanying notes are an integral part of these financial
  statements

---

LANGUAGE ENTERPRISES CORP.(A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

JULY 31, 2007 AND 2006(Stated in U.S. Dollars)

|1. | NATURE OF OPERATIONS AND GOING CONCERN                                                                                                                                                                                                                                                                                                                                                                                           
|-- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   | a)                                                                                                                                                                                                                                                                                                                                                                                                                               
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   | b)                                                                                                                                                                                                                                                                                                                                                                                                                               
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  
|2. | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES                                                                                                                                                                                                                                                                                                                                                                                       
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   | The financial statements of the Company have
        been prepared in accordance with generally accepted accounting principles
        in the United States. Because a precise determination of many assets and
        liabilities is dependent upon future events, the preparation of financial
        statements for a period necessarily involves the use of estimates which
        have been made using careful judgement.
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   | The financial statements have, in managements
        opinion, been properly prepared within reasonable limits of materiality
        and within the framework of the significant accounting policies summarized
        below:                                                                                                                                                                                                 
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   | a)                                                                                                                                                                                                                                                                                                                                                                                                                               
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   | b)                                                                                                                                                                                                                                                                                                                                                                                                                               
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  

---

LANGUAGE ENTERPRISES CORP.(A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

JULY 31, 2007 AND 2006(Stated in U.S. Dollars)

|2. | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(Continued)
|-- | -----------------------------------------------------
|   |                                                      
|   | c)                                                   
|   |                                                      
|   |                                                      
|   |                                                      
|   | d)                                                   
|   |                                                      
|   |                                                      
|   |                                                      
|   | e)                                                   
|   |                                                      
|   |                                                      
|   |                                                      
|   |                                                      
|   |                                                      
|   |                                                      
|   |                                                      
|   |                                                      
|   |                                                      
|   |                                                      
|   |                                                      
|   |                                                      
|   | f)                                                   
|   |                                                      
|   |                                                      
|   |                                                      
|   |                                                      

---

LANGUAGE ENTERPRISES CORP.(A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

JULY 31, 2007 AND 2006(Stated in U.S. Dollars)

|2. | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(Continued)
|-- | -----------------------------------------------------
|   |                                                      
|   | g)                                                   
|   |                                                      
|   |                                                      
|   |                                                      
|   |                                                      
|   |                                                      
|   | h)                                                   
|   |                                                      
|   |                                                      
|   |                                                      
|   |                                                      
|   |                                                      
|   | i)                                                   
|   |                                                      
|   |                                                      

---

LANGUAGE ENTERPRISES CORP.(A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

JULY 31, 2007 AND 2006(Stated in U.S. Dollars)

|2. | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(Continued)
|-- | -----------------------------------------------------
|   |                                                      
|   | j)                                                   
|   |                                                      
|   |                                                      
|   |                                                      
|   | k)                                                   
|   |                                                      
|   |                                                      
|   |                                                      
|   | l)                                                   
|   |                                                      
|   |                                                      
|   |                                                      
|   | m)                                                   
|   |                                                      
|   |                                                      

---

LANGUAGE ENTERPRISES CORP.(A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

JULY 31, 2007 AND 2006(Stated in U.S. Dollars)

|3. | RECENT ACCOUNTING PRONOUNCEMENTS
|-- | --------------------------------
|   |                                 
|   | a)                              
|   |                                 
|   | b)                              
|   |                                 
|   | c)                              
|   |                                 
|   | d)                              

---

LANGUAGE ENTERPRISES CORP.(A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

JULY 31, 2007 AND 2006(Stated in U.S. Dollars)

|3. | RECENT ACCOUNTING PRONOUNCEMENTS(Continued)
|-- | -------------------------------------------
|   |                                            
|   | e)                                         
|   |                                            
|   | f)                                         
|   |                                            
|4. | OFFICE EQUIPMENT                           

| |                                |   | 2007 |   |   | 2006 |  
| | ------------------------------ | - | ---- | - | - | ---- | -
| |                                |   |      |   |   |      |  
| | Office equipment               | $ | 404  |   | $ | 404  |  
| | Less: Accumulated amortization |   | (156 | ) |   | (12  | )
| |                                |   |      |   |   |      |  
| |                                | $ | 248  |   | $ | 392  |  

---

LANGUAGE ENTERPRISES CORP.(A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

JULY 31, 2007 AND 2006(Stated in U.S. Dollars)

|5. | AMOUNTS DUE TO RELATED PARTY AND RELATED
        PARTY TRANSACTIONS                                                                                                         
|-- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                                             
|   | a)                                                                                                                                                                          
|   |                                                                                                                                                                             
|   |                                                                                                                                                                             
|   |                                                                                                                                                                             
|   | b)                                                                                                                                                                          
|   |                                                                                                                                                                             
|   |                                                                                                                                                                             
|6. | CAPITAL STOCK                                                                                                                                                               
|   |                                                                                                                                                                             
|   | On January 26, 2006, the Company sold 2,600,000
        shares of its common stock at $0.01 per share for cash to the directors,
        for total consideration of $26,000.
|   |                                                                                                                                                                             
|   | On March 21, 2006, the Company sold 1,200,000
        share of its common stock at $0.02 per share for cash for total consideration
        of $24,000.                     
|   |                                                                                                                                                                             
|   | On May 19, 2006, the Company sold 203,500
        share of its common stock at $0.10 per share for cash for total consideration
        of $20,350.                         
|   |                                                                                                                                                                             
|   | The Company has no stock option plan, warrants
        or other dilutive securities.                                                                                        

---

LANGUAGE ENTERPRISES CORP.(A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

JULY 31, 2007 AND 2006(Stated in U.S. Dollars)

|7. | INCOME TAXES
|-- | ------------
|   |             
|   | a)          
|   |             
|   |             

| |                                             |   | 2007    |   |   | 2006    |  
| | ------------------------------------------- | - | ------- | - | - | ------- | -
| |                                             |   |         |   |   |         |  
| | Computed expected (benefit of) income taxes | $ | (27,500 | ) | $ | (12,300 | )
| | Increase in valuation allowance             |   | 27,500  |   |   | 12,300  |  
| |                                             |   |         |   |   |         |  
| | Income tax provision                        | $ | -       |   | $ | -       |  

| | b) | Significant components of the Companys deferred
        income tax assets are as follows:
| | -- | ------------------------------------------------------------------------------------------

| |                            |   | 2007    |   |   | 2006    |  
| | -------------------------- | - | ------- | - | - | ------- | -
| |                            |   |         |   |   |         |  
| | Deferred income tax assets | $ | 39,800  |   | $ | 12,300  |  
| | Valuation allowance        |   | (39,800 | ) |   | (12,300 | )
| |                            |   |         |   |   |         |  
| | Net deferred tax assets    | $ | -       |   | $ | -       |  

| | c) | The Company has incurred operating losses and approximately
        $118,200 (2006 - $36,100) which, if unutilized, will commence to expire
        in 2026. Future tax benefits, which may arise as a result of these losses,
        have not been recognized in these consolidated financial statements, and
        have been offset by a valuation allowance. The following table lists the
        fiscal year in which the loss was incurred and the expiration date of
        the operating loss carry forwards:
| | -- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |                                               |   | INCOME TAX OPERATING | 
| | --------------------------------------------- | - | -------------------- | 
| |                                               |   | LOSS CARRY FORWARDS  | 
| |                                               |   |                      | 
| |                                               |   | AMOUNT               | 
| |                                               |   |                      | 
| | 2006                                          | $ | 36,100               | 
| | 2007                                          |   | 82,100               | 
| |                                               |   |                      | 
| | Total income tax operating loss carry forward | $ | 118,200              | 

---

LANGUAGE ENTERPRISES CORP.(A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

JULY 31, 2007 AND 2006(Stated in U.S. Dollars)

|8. | CONTRACTUAL OBLIGATIONS AND COMMITMENTS                                                                                                                                                                                                                                                                                                                         
|-- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                                                                                                                                                                                                                                 
|   | The Company has no significant contractual obligations
        or commitments with any party respecting executive compensation, consulting
        arrangements, rental premises or other matters, except as disclosed elsewhere
        in these notes. The officers and directors provide management services
        to the Company without any compensation.

---

ITEM
8.           CHANGES IN AND
DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE.

None.

ITEM
8A.         CONTROLS AND
PROCEDURES.

Under the supervision and with the participation of our
management, including the Principal Executive Officer and Principal Financial
Officer, we have evaluated the effectiveness of our disclosure controls and
procedures as required by Exchange Act Rule 13a-15(b) as of the end of the
period covered by this report. Based on that evaluation, the Principal Executive
Officer and Principal Financial Officer has concluded that these disclosure
controls and procedures are effective.

There were no changes in our internal control over financial
reporting during the year ended July 31, 2007 that have materially affected, or
are reasonably likely to materially affect, our internal control over financial
reporting.

ITEM
8B.         OTHER INFORMATION.

None.

15

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PART III

ITEM 9.
    DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS,
      CONTROL PERSONS AND CORPORATE GOVERNANCE;
      COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE
      ACT.


Our executive officers and directors and their respective ages
and titles as of October 23, 2007 are as follows:

|Name           | Age | Position                               
|-------------- | --- | ---------------------------------------
|               |     |                                        
|Jonathan Moore | 37  | President,
      Treasurer and Director
|               |     |                                        
|Naomi Moore    | 32  | Secretary and
      Director           

Set forth below is a brief description of the background and
business experience of officers and directors:

Jonathan Moore, our President, Treasurer and a member of
our board of directors, holds a Bachelor of Education degree from the University
of Victoria and is currently completing graduate studies in education at Simon
Fraser University. Mr. Moore has been a director since October 25, 2005. Since
2000, Mr. Moore has been a teacher with the Surrey School District in British
Columbia, Canada.

Naomi Moore, our Secretary and a member of our board of
directors, holds a Bachelor of Arts degree in Geography and an Education degree
from Simon Fraser University. She also completed the Cooperative Education
Program in Geography and Earth Sciences and a certificate in Liberal Arts. Mrs.
Moore has worked for various governmental agencies which include, in 1996 the
Canadian Department of Fisheries and Oceans in Nanaimo, British Columbia, in
1997 Environment Canada in Hull, Quebec and in 1997 the Ministry of Forests in
Lillooet, British Columbia. Mrs. Moore has been a director since October 25,
2005. Mrs. Moore has been a teacher with the Surrey School District since 2002
and was a teacher with the Coquitlam School District from 2000 to 2002.

Jonathan Moore and Naomi Moore are married.

Term of Office

Members of our board of directors are appointed to hold office
until the next annual meeting of our stockholders or until his or her successor
is elected and qualified, or until he or she resigns or is removed in accordance
with the provisions of the Nevada Revised Statutes. Our officers are appointed
by our board of directors and hold office until removed by the board.

Significant Employees

We have no significant employees other than our officers and
directors.

Our translators are associated with us pursuant to translation
services agreements, which provide that as and when clients engage us to procure
a translation, we may contact them with a proposal. Price, timing and other
material terms of individual engagements are negotiated on a case-by-case
basis.

16

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Committees of the Board of Directors

We do not presently have a separately constituted audit
committee, compensation committee, nominating committee, executive committee or
any other committees of our board of directors. As a result, our board of
directors acts in those capacities.

Audit Committee Financial Expert

Our board of directors has determined that we do not presently
have a director that meets the definition of an audit committee financial
expert. We believe that the cost related to retaining such a financial expert
at this time is prohibitive. Further, because we are in the start-up stage of
our business operations, we believe that the services of an audit committee
financial expert are not warranted at this time.

CODE OF ETHICS

We adopted a Code of Ethics applicable to our principal
executive officer and principal financial officer and certain other finance
executives, which is a code of ethics as defined by applicable rules of the
SEC. Our Code of Ethics is attached hereto as an exhibit to this Annual Report
on Form 10-KSB. If we make any amendments to our Code of Ethics other than
technical, administrative, or other non-substantive amendments, or grant any
waivers, including implicit waivers, from a provision of our Code of Ethics to
our principal executive officer and principal financial officer, or certain
other finance executives, we will disclose the nature of the amendment or
waiver, its effective date and to whom it applies in a Current Report on Form
8-K filed with the SEC.

COMPLIANCE WITH SECTION 16(a) OF THE SECURITIES EXCHANGE ACT

Section 16(a) of the Exchange Act requires our executive
officers and directors, and persons who beneficially own more than 10% of our
equity securities (collectively, the Reporting Persons), to file reports of
ownership and changes in ownership with the SEC. Reporting Persons are required
by SEC regulation to furnish us with copies of all forms they file pursuant to
Section 16(a). Based on our review of the copies of such forms received by us,
other than as described below, no other reports were required for those persons,
we believe that, during the year ended July 31, 2007, all Reporting Persons
complied with all Section 16(a) filing requirements applicable to them.

The following persons have failed to file, on a timely basis,
the identified reports required by Section 16(a) of the Securities Exchange Act
of 1934:

Name and Principal Position
      Number of Late Insider
      Reports
      Transactions Not Timely
      Reported
      Known Failures to File a
      Required FormJonathan Moore President, Treasurer and Director
    Two
    One
    TwoNaomi Moore Secretary and Director
    Two
    One
    Two


17

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ITEM
10.         EXECUTIVE COMPENSATION.

Summary Compensation Table

We did not pay any compensation to Jonathan Moore, our
President, Treasurer and director, and Naomi Moore, our Secretary and director,
during the fiscal year ended July 31, 2007. However, for accounting purposes, we
have recorded in our financial statements the fair value of management provided
to us at no cost as contributed management services.

Outstanding Equity Awards At Fiscal Year-End

As at July 31, 2007, we did not have any outstanding equity
awards.

Employment Contracts

We have no employment contracts, termination of employment or
change-in-control arrangements with our executive officers and directors.

|ITEM 11. | SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
      MANAGEMENT AND RELATED STOCKHOLDER MATTERS.
|-------- | -----------------------------------------------------------------------------------------------------

EQUITY COMPENSATION PLANS

We have no equity compensation plans (including individual
compensation arrangements) under which our equity securities are authorized for
issuance.

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
MANAGEMENT

The following table sets forth certain information concerning
the number of shares of our common stock owned beneficially as of October 24,
2007 by: (i) each person (including any group) known to us to own more than five
percent (5%) of any class of our voting securities, (ii) each of our directors,
(iii) each of our named executive officers; and (iv) officers and directors as a
group. Unless otherwise indicated, the shareholder listed possesses sole voting
and investment power with respect to the shares shown.

Title of Class
      Name and Address of Beneficial
        Owner
      Amount and Nature of Beneficial
        Ownership
      Percentage of Common Stock(1)DIRECTORS AND EXECUTIVE OFFICERSCommon Stock
      Jonathan Moore 
        President and Treasurer 
        Director 
        13747 57A Avenue 
        Surrey, BC, Canada, V3X 2V6
      1,170,000 Shares 
        Direct
      29.2%Common Stock
      Naomi Moore 
        Secretary and Director 
        13747 57A Avenue 
        Surrey, BC, Canada, V3X 2V6
      1,170,000 Shares 
        Direct
      29.2%Common Stock
      All Directors and Executive Officers as a Group
        (2 person)
      2,340,000 Shares
      58.4%


18

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Title of Class
      Name and Address of Beneficial
        Owner
      Amount and Nature of Beneficial
        Ownership
      Percentage of Common Stock(1)5% STOCKHOLDERSCommon Stock
      Jonathan Moore 
        President and Treasurer 
        Director 
        13747 57A Avenue 
        Surrey, BC, Canada, V3X 2V6
      1,170,000 Shares 
        Direct
      29.2%Common Stock
      Naomi Moore 
        Secretary and Director 
        13747 57A Avenue 
        Surrey, BC, Canada, V3X 2V6
      1,170,000 Shares 
        Direct
      29.2%


|**Notes:** |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|---------- | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|           | (1) | Based on 4,003,500 shares of our common stock issued and
      outstanding as of October 24, 2007. Under Rule 13d-3, certain shares may
      be deemed to be beneficially owned by more than one person (if, for
      example, persons share the power to vote or the power to dispose of the
      shares). In addition, shares are deemed to be beneficially owned by a
      person if the person has the right to acquire the shares (for example,
      upon exercise of an option) within 60 days of the date as of which the
      information is provided. In computing the percentage ownership of any
      person, the amount of shares outstanding is deemed to include the amount
      of shares beneficially owned by such person (and only such person) by
      reason of these acquisition rights. As a result, the percentage of
      outstanding shares of any person as shown in this table does not
      necessarily reflect the persons actual ownership or voting power with
      respect to the number of shares of common stock actually outstanding on
      October 24, 2007.

CHANGE IN CONTROL

We are not aware of any arrangement that might result in a
change in control in the future.

ITEM
12.         CERTAIN RELATIONSHIPS
AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE.

Except as described below, none of the following parties has,
since our date of incorporation, had any material interest, direct or indirect,
in any transaction with us or in any presently proposed transaction that has or
will materially affect us, other than noted in this section:

| | (i)   | Any of our directors or officers;                                                                                                                                           
| | ----- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | (ii)  | Any person proposed as a nominee for election as a
      director;                                                                                                          
| | (iii) | Any person who beneficially owns, directly or indirectly,
      shares carrying more than 10% of the voting rights attached to our
      outstanding shares of common stock;
| | (iv)  | Any of our promoters; and                                                                                                                                                   
| | (v)   | Any relative or spouse of any of the foregoing persons
      who has the same house as such person.                                                                         

On January 26, 2006, we issued 1,300,000 total shares of common
stock to Jonathan Moore, our President, Treasurer and a member of our board of
directors, at a price of $0.01 per share. The shares were issued pursuant to
Section 4(2) of the Securities Act and are restricted shares as defined in the
Securities Act. In addition, Mr. Moore has agreed to loan us $40,000 on an
as-needed basis to fund operations and expenses, with terms of the loan to be
determined at the time of lending. Interest charged will not exceed the
prevailing bank prime rate plus 2%. As at July 31, 2007, we owe Mr. Moore $4,541
(2006 - $3,567) for expenses paid on our behalf. The amount owing was advanced
without interest and is due on demand.

19

---

On January 26, 2006, we issued 1,300,000 total shares of common
stock to Naomi, our Secretary and a member of our board of directors, at a price
of $0.01 per share. The shares were issued pursuant to Section 4(2) of the
Securities Act and are restricted shares as defined in the Securities Act.

Director Independence

Our common stock is quoted on the OTC Bulletin Board
inter-dealer quotation system, which does not have director independence
requirements. Under NASDAQ Marketplace Rule 4200(a)(15), a director is not
considered to be independent if he or she is also an executive officer or
employee of the corporation. As such, none of our directors are considered
independent directors.

ITEM
13.         EXHIBITS.

|Exhibit |                                                                                                                                                           
|------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------
|Number  | Description of Exhibits                                                                                                                                   
|        |                                                                                                                                                           
|3.1     | Articles of Incorporation.(1)                                                                                                                             
|        |                                                                                                                                                           
|3.2     | Bylaws.(1)                                                                                                                                                
|        |                                                                                                                                                           
|10.1    | Form of Translator Engagement
      Agreement.(1)                                                                                                         
|        |                                                                                                                                                           
|10.2    | Translator Services Agreement
      with Toro Resources Corp.(1)                                                                                          
|        |                                                                                                                                                           
|10.3    | Translator Services Agreement
      with Magnus International Resources, Inc.(1)                                                                          
|        |                                                                                                                                                           
|10.4    | Jonathan Moore Loan Letter.(1)                                                                                                                            
|        |                                                                                                                                                           
|14.1    | Code
      of Ethics.                                                                                                                                     
|        |                                                                                                                                                           
|31.1    | Certification
        of Chief Executive Officer and Chief Financial Officer as adopted pursuant
        to Section 302 of the Sarbanes-Oxley Act of 2002.
|        |                                                                                                                                                           
|32.1    | Certification
        of Chief Executive Officer and Chief Financial Officer as adopted pursuant
        to Section 906 of the Sarbanes-Oxley Act of 2002.

|(1) | Filed with the SEC as an exhibit to our Registration
      Statement on Form SB-2 originally filed on September 11,
  2006.
|--- | ---------------------------------------------------------------------------------------------------------------------------

ITEM
14.         PRINCIPAL AND
ACCOUNTANT FEES AND SERVICES.

Audit Fees

The aggregate fees billed for the two most recently completed
  fiscal years ended July 31, 2007 and 2006 for professional services rendered
  by the principal accountant for the audit of our annual financial statements
  and review of the financial statements included our Quarterly Reports on Form
  10-QSB and services that are normally provided by the accountant in connection
  with statutory and regulatory filings or engagements for these fiscal periods
  were as follows:

Year Ended July 31, 2007
    Year Ended July 31, 2006Audit Fees
    $13,100
    $NilAudit Related Fees
    Nil
    NilTax Fees
    Nil
    NilAll Other Fees
    Nil
    NilTotal
    $13,100
    $Nil


20

---

SIGNATURES

In accordance with Section 13 or 15(d) of the Exchange Act, the
registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.

|      |                  |     | LANGUAGE ENTERPRISES CORP.      
|----- | ---------------- | --- | --------------------------------
|      |                  |     |                                 
|      |                  |     |                                 
|Date: | October 29, 2007 | By: | /s/
      Jonathan Moore        
|      |                  |     | JONATHAN MOORE                  
|      |                  |     | President and Treasurer         
|      |                  |     | (Principal Executive Officer    
|      |                  |     | and Principal Financial Officer)



In accordance with the Exchange Act, this report has been
signed below by the following persons on behalf of the registrant and in the
capacities and on the dates indicated.



|Date: | October 29, 2007 | By: | /s/
      Jonathan Moore        
|----- | ---------------- | --- | --------------------------------
|      |                  |     | JONATHAN MOORE                  
|      |                  |     | President and Treasurer         
|      |                  |     | (Principal Executive Officer    
|      |                  |     | and Principal Financial Officer)
|      |                  |     | Director                        
|      |                  |     |                                 
|      |                  |     |                                 
|      |                  |     |                                 
|      |                  |     |                                 
|Date: | October 29, 2007 | By: | /s/
      Naomi Moore           
|      |                  |     | NAOMI MOORE                     
|      |                  |     | Secretary and Director          

---