IRIS Accounts Production v24.3.2.46 08377647 director 1.5.23 30.4.24 30.4.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh083776472023-04-30083776472024-04-30083776472023-05-012024-04-30083776472022-04-30083776472022-05-012023-04-30083776472023-04-3008377647ns15:EnglandWales2023-05-012024-04-3008377647ns14:PoundSterling2023-05-012024-04-3008377647ns10:Director12023-05-012024-04-3008377647ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3008377647ns10:SmallEntities2023-05-012024-04-3008377647ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3008377647ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3008377647ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3008377647ns10:FullAccounts2023-05-012024-04-3008377647ns10:OrdinaryShareClass12023-05-012024-04-3008377647ns10:RegisteredOffice2023-05-012024-04-3008377647ns5:CurrentFinancialInstruments2024-04-3008377647ns5:CurrentFinancialInstruments2023-04-3008377647ns5:ShareCapital2024-04-3008377647ns5:ShareCapital2023-04-3008377647ns5:CapitalRedemptionReserve2024-04-3008377647ns5:CapitalRedemptionReserve2023-04-3008377647ns5:RetainedEarningsAccumulatedLosses2024-04-3008377647ns5:RetainedEarningsAccumulatedLosses2023-04-3008377647ns5:PlantMachinery2023-05-012024-04-3008377647ns5:ComputerEquipment2023-05-012024-04-3008377647ns5:PlantMachinery2023-04-3008377647ns5:PlantMachinery2024-04-3008377647ns5:PlantMachinery2023-04-3008377647ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-04-3008377647ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-05-012024-04-3008377647ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-04-3008377647ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-04-3008377647ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3008377647ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3008377647ns10:OrdinaryShareClass12024-04-30
REGISTERED NUMBER: 08377647 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

CODAR LTD

CODAR LTD (REGISTERED NUMBER: 08377647)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


CODAR LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: Mr I Cooley





REGISTERED OFFICE: 23 Windsor Rise
Aston
Sheffield
South Yorkshire
S26 2ER





REGISTERED NUMBER: 08377647 (England and Wales)





ACCOUNTANTS: Sutton McGrath Hartley Limited
5 Westbrook Court
Sharrowvale Road
Sheffield
S11 8YZ

CODAR LTD (REGISTERED NUMBER: 08377647)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 8,446 5,518

CURRENT ASSETS
Stocks 1,482 1,406
Debtors 5 19,835 52,324
Cash at bank and in hand 56,345 83,064
77,662 136,794
CREDITORS
Amounts falling due within one year 6 (68,924 ) (108,669 )
NET CURRENT ASSETS 8,738 28,125
TOTAL ASSETS LESS CURRENT LIABILITIES 17,184 33,643

CAPITAL AND RESERVES
Called up share capital 7 60 60
Capital redemption reserve 40 40
Retained earnings 17,084 33,543
SHAREHOLDERS' FUNDS 17,184 33,643

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

CODAR LTD (REGISTERED NUMBER: 08377647)

STATEMENT OF FINANCIAL POSITION - continued
30 APRIL 2024


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 29 January 2025 and were signed by:





Mr I Cooley - Director


CODAR LTD (REGISTERED NUMBER: 08377647)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Codar 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on cost
Computer equipment - 20% on cost

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 statement of financial position date.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 4 (2023 - 4 ) .

CODAR LTD (REGISTERED NUMBER: 08377647)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 15,062
Additions 10,649
Disposals (7,900 )
At 30 April 2024 17,811
DEPRECIATION
At 1 May 2023 9,544
Charge for year 2,846
Eliminated on disposal (3,025 )
At 30 April 2024 9,365
NET BOOK VALUE
At 30 April 2024 8,446
At 30 April 2023 5,518

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 May 2023 7,900
Disposals (7,900 )
At 30 April 2024 -
DEPRECIATION
At 1 May 2023 2,628
Charge for year 397
Eliminated on disposal (3,025 )
At 30 April 2024 -
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 5,272

CODAR LTD (REGISTERED NUMBER: 08377647)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 19,835 52,324

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 1,120
Trade creditors 416 1,812
Taxation and social security 6,815 25,019
Other creditors 61,693 80,718
68,924 108,669

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 60 60