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REGISTERED NUMBER: 01713564 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Codeway Limited

Codeway Limited (Registered number: 01713564)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Codeway Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: J I T Russell
Mrs M E A Russell





SECRETARY:





REGISTERED OFFICE: Codeway House
Telford Way
Colchester
Essex
CO4 9QP





REGISTERED NUMBER: 01713564 (England and Wales)





ACCOUNTANTS: Duboff & Co
Kingsbury House
468 Church Lane
London
NW9 8UA

Codeway Limited (Registered number: 01713564)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,861 5,739

CURRENT ASSETS
Stocks 41,565 192,208
Debtors 5 385,026 410,466
Cash at bank and in hand 382,751 357,142
809,342 959,816
CREDITORS
Amounts falling due within one year 6 461,652 542,261
NET CURRENT ASSETS 347,690 417,555
TOTAL ASSETS LESS CURRENT
LIABILITIES

352,551

423,294

CAPITAL AND RESERVES
Called up share capital 7 25,000 25,000
Retained earnings 327,551 398,294
SHAREHOLDERS' FUNDS 352,551 423,294

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 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.

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 Board of Directors and authorised for issue on 31 January 2025 and were signed on its behalf by:





J I T Russell - Director


Codeway Limited (Registered number: 01713564)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Codeway 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 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.
Improvements to property - 10% on cost
Plant and machinery - 50% 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.

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 19 (2023 - 20 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and
property machinery Totals
£    £    £   
COST
At 1 May 2023 9,167 36,919 46,086
Additions - 290 290
At 30 April 2024 9,167 37,209 46,376
DEPRECIATION
At 1 May 2023 3,681 36,666 40,347
Charge for year 917 251 1,168
At 30 April 2024 4,598 36,917 41,515
NET BOOK VALUE
At 30 April 2024 4,569 292 4,861
At 30 April 2023 5,486 253 5,739

Codeway Limited (Registered number: 01713564)

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 344,689 371,931
Other debtors 40,337 38,535
385,026 410,466

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 212,094 319,871
Taxation and social security 64,664 35,311
Other creditors 184,894 187,079
461,652 542,261

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
25,000 Ordinary shares of £1 25,000 25,000