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REGISTERED NUMBER: 04947181 (England and Wales)















Chemical Code Limited

Unaudited Financial Statements

for the Year Ended 31 October 2023






Chemical Code Limited (Registered number: 04947181)






Contents of the Financial Statements
for the year ended 31 October 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


Chemical Code Limited

Company Information
for the year ended 31 October 2023







DIRECTORS: Mr P C Erskine
Mrs J L Erskine





REGISTERED OFFICE: 13 The Courtyard
Timothy's Bridge Road
Stratford upon Avon
Warwickshire
CV37 9NP





REGISTERED NUMBER: 04947181 (England and Wales)





ACCOUNTANTS: Grenfell James Associates Limited
13 The Courtyard
Timothys Bridge Road
Stratford Upon Avon
Warwickshire
CV37 9NP

Chemical Code Limited (Registered number: 04947181)

Balance Sheet
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,576 18,054

CURRENT ASSETS
Debtors 5 45,216 40,516
Cash at bank 27,756 56,156
72,972 96,672
CREDITORS
Amounts falling due within one year 6 34,389 37,991
NET CURRENT ASSETS 38,583 58,681
TOTAL ASSETS LESS CURRENT
LIABILITIES

49,159

76,735

PROVISIONS FOR LIABILITIES 2,776 3,379
NET ASSETS 46,383 73,356

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 46,379 73,352
SHAREHOLDERS' FUNDS 46,383 73,356

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Chemical Code Limited (Registered number: 04947181)

Balance Sheet - continued
31 October 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 February 2024 and were signed on its behalf by:





Mr P C Erskine - Director


Chemical Code Limited (Registered number: 04947181)

Notes to the Financial Statements
for the year ended 31 October 2023

1. STATUTORY INFORMATION

Chemical Code Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

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

Turnover
Turnover represents net invoiced sale of goods and services, exclusive of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 2 ) .

Chemical Code Limited (Registered number: 04947181)

Notes to the Financial Statements - continued
for the year ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 November 2022 9,130 59,227 68,357
Additions - 2,659 2,659
Disposals - (42,697 ) (42,697 )
At 31 October 2023 9,130 19,189 28,319
DEPRECIATION
At 1 November 2022 8,120 42,183 50,303
Charge for year 252 4,835 5,087
Eliminated on disposal - (37,647 ) (37,647 )
At 31 October 2023 8,372 9,371 17,743
NET BOOK VALUE
At 31 October 2023 758 9,818 10,576
At 31 October 2022 1,010 17,044 18,054

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 41,541 39,848
Other debtors 3,675 668
45,216 40,516

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 684 1,351
Taxation and social security 31,865 35,134
Other creditors 1,840 1,506
34,389 37,991