Block of Code Ltd 10273314 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is software development. The company ceased trading 31 March 2024 Digita Accounts Production Advanced 6.30.9574.0 true 10273314 2023-04-01 2024-03-31 10273314 2024-03-31 10273314 bus:OrdinaryShareClass1 2024-03-31 10273314 core:CapitalRedemptionReserve 2024-03-31 10273314 core:RetainedEarningsAccumulatedLosses 2024-03-31 10273314 core:ShareCapital 2024-03-31 10273314 core:CurrentFinancialInstruments 2024-03-31 10273314 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 10273314 core:OtherPropertyPlantEquipment 2024-03-31 10273314 bus:SmallEntities 2023-04-01 2024-03-31 10273314 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 10273314 bus:FilletedAccounts 2023-04-01 2024-03-31 10273314 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10273314 bus:RegisteredOffice 2023-04-01 2024-03-31 10273314 bus:Director1 2023-04-01 2024-03-31 10273314 bus:Director2 2023-04-01 2024-03-31 10273314 bus:Director3 2023-04-01 2024-03-31 10273314 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 10273314 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10273314 core:OtherPropertyPlantEquipment 2023-04-01 2024-03-31 10273314 countries:England 2023-04-01 2024-03-31 10273314 2023-03-31 10273314 core:OtherPropertyPlantEquipment 2023-03-31 10273314 2022-04-01 2023-03-31 10273314 2023-03-31 10273314 bus:OrdinaryShareClass1 2023-03-31 10273314 core:CapitalRedemptionReserve 2023-03-31 10273314 core:RetainedEarningsAccumulatedLosses 2023-03-31 10273314 core:ShareCapital 2023-03-31 10273314 core:CurrentFinancialInstruments 2023-03-31 10273314 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 10273314 core:OtherPropertyPlantEquipment 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 10273314

Block of Code Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Block of Code Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 8

 

Block of Code Ltd

Company Information

Directors

Mr Timothy Gadsby

Mr Martyn Taylor-Sherwood

Mr James Upperton

Registered office

27b Barleyhill Road
Garforth
Leeds
West Yorkshire
LS25 1DX

Accountants

Fullertons Limited
Chartered Certified Accountants
Manchester House
50A Oxford Road
Guiseley
Leeds
LS20 8AB

 

Block of Code Ltd

(Registration number: 10273314)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

5

-

1,631

Current assets

 

Debtors

6

5,545

1,776

Cash at bank and in hand

 

-

5,597

 

5,545

7,373

Creditors: Amounts falling due within one year

7

(660)

(1,130)

Net current assets

 

4,885

6,243

Net assets

 

4,885

7,874

Capital and reserves

 

Called up share capital

8

525

525

Capital redemption reserve

475

475

Retained earnings

3,885

6,874

Shareholders' funds

 

4,885

7,874

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 11 April 2024 and signed on its behalf by:
 

 

Block of Code Ltd

(Registration number: 10273314)
Balance Sheet as at 31 March 2024

.........................................
Mr Martyn Taylor-Sherwood
Director

 

Block of Code Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
27b Barleyhill Road
Garforth
Leeds
West Yorkshire
LS25 1DX

These financial statements were authorised for issue by the Board on 11 April 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Block of Code Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Other property, plant and equipment

33.33% reducing balance basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

4

Loss before tax

Arrived at after charging/(crediting)

 

Block of Code Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

2024
£

2023
£

Depreciation expense

-

815

 

Block of Code Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

5

Tangible assets

Other tangible assets
£

Total
£

Cost or valuation

At 1 April 2023

5,831

5,831

Additions

1,363

1,363

Disposals

(7,194)

(7,194)

At 31 March 2024

-

-

Depreciation

At 1 April 2023

4,200

4,200

Eliminated on disposal

(4,200)

(4,200)

At 31 March 2024

-

-

Carrying amount

At 31 March 2024

-

-

At 31 March 2023

1,631

1,631

6

Debtors

Current

2024
£

2023
£

Trade debtors

-

868

Prepayments

-

336

Other debtors

5,545

572

 

5,545

1,776

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

660

630

Other creditors

-

500

660

1,130

 

Block of Code Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

8

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

525

525

525

525