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REGISTERED NUMBER: 08508667 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2023

for

Codicote Spice Ltd

Codicote Spice Ltd (Registered number: 08508667)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Codicote Spice Ltd

Company Information
for the Year Ended 30 April 2023







DIRECTOR: H Rahman





REGISTERED OFFICE: 79 High Street
Codicote
Hertfordshire
SG4 8XE





REGISTERED NUMBER: 08508667 (England and Wales)





ACCOUNTANTS: Universal Accountancy Ltd
Kings House
202 Lower High Street
Watford
Hertfordshire
WD17 2EH

Codicote Spice Ltd (Registered number: 08508667)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,322 15,838

CURRENT ASSETS
Stocks 2,650 2,650
Debtors 5 55,160 41,160
Cash at bank 15,550 43,589
73,360 87,399
CREDITORS
Amounts falling due within one year 6 179,825 80,546
NET CURRENT (LIABILITIES)/ASSETS (106,465 ) 6,853
TOTAL ASSETS LESS CURRENT
LIABILITIES

(98,143

)

22,691

CREDITORS
Amounts falling due after more than
one year

7

26,516

36,332
NET LIABILITIES (124,659 ) (13,641 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (124,759 ) (13,741 )
(124,659 ) (13,641 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Codicote Spice Ltd (Registered number: 08508667)

Balance Sheet - continued
30 April 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 January 2024 and were signed by:





H Rahman - Director


Codicote Spice Ltd (Registered number: 08508667)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

Codicote Spice Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

Current 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.

Codicote Spice Ltd (Registered number: 08508667)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 6 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 May 2022 857 22,827 1,450 25,134
Additions - - 1,400 1,400
Disposals - - (361 ) (361 )
At 30 April 2023 857 22,827 2,489 26,173
DEPRECIATION
At 1 May 2022 857 7,453 986 9,296
Charge for year - 7,687 868 8,555
At 30 April 2023 857 15,140 1,854 17,851
NET BOOK VALUE
At 30 April 2023 - 7,687 635 8,322
At 30 April 2022 - 15,374 464 15,838

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Other debtors 55,160 41,160

Codicote Spice Ltd (Registered number: 08508667)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade creditors 932 1,823
Taxation and social security 2,167 5,165
Other creditors 176,726 73,558
179,825 80,546

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.4.23 30.4.22
£    £   
Bank loans 26,516 36,332

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 26,516 36,332