Many years ago I directed a production of Twelfth Night with actors aged 7 to 17. After the show, an audience member- someone I knew well- asked in all seriousness how long it had taken me to "translate" the script.
He understood everything being said so well that he assumed I had changed the script.
I hadn't changed the script. The actors, Shakespeare and I had all done our jobs well enough that the audience entered into the world we created together and understood the characters, action and dialogue.
The audience enjoyed the show. They forgot it was Shakespeare. They forgot it was youth. They just had fun watching the comedy.
That's how it should be. Shakespeare is a theatrical genius; just do the *show*, and the audience will have a blast.
And wonder later how long it took you to translate the script from Shakespearean to understandable.