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Company Registration No. 07390130 (England and Wales)
Code Enigma Limited Unaudited accounts for the year ended 31 December 2024
Code Enigma Limited Unaudited accounts Contents
Page
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Code Enigma Limited Company Information for the year ended 31 December 2024
Director
Gregory Richard Harvey
Company Number
07390130 (England and Wales)
Registered Office
5 St. John's Lane London EC1M 4BH United Kingdom
Accountants
B4Bookkeeping Ltd 1 Lincoln House Tangmere Chichester West Sussex PO20 2FS
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Code Enigma Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,755 
4,863 
Investments
44,232 
44,232 
47,987 
49,095 
Current assets
Debtors
816,076 
113,526 
Cash at bank and in hand
305,679 
975,968 
1,121,755 
1,089,494 
Creditors: amounts falling due within one year
(229,962)
(264,442)
Net current assets
891,793 
825,052 
Net assets
939,780 
874,147 
Capital and reserves
Called up share capital
575 
575 
Capital redemption reserve
925 
925 
Profit and loss account
938,280 
872,647 
Shareholders' funds
939,780 
874,147 
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 February 2025 and were signed on its behalf by
Gregory Richard Harvey Director Company Registration No. 07390130
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Code Enigma Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Code Enigma Limited is a private company, limited by shares, registered in England and Wales, registration number 07390130. The registered office is 5 St. John's Lane, London, EC1M 4BH, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Group Accounts
The company is a parent company subject to the small companies regime. The company and its subsidiary comprise a small group. The company has, therefore, taken advantage of the option provided by section 398 of the Companies Act 2006 not to prepare group accounts.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
50% Straight Line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Investments
Investments in shares are included at fair value.
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Code Enigma Limited Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2024
25,184 
Additions
4,326 
Disposals
(8,299)
At 31 December 2024
21,211 
Depreciation
At 1 January 2024
20,321 
Charge for the year
5,434 
On disposals
(8,299)
At 31 December 2024
17,456 
Net book value
At 31 December 2024
3,755 
At 31 December 2023
4,863 
5
Investments
Other investments 
£ 
Valuation at 1 January 2024
44,232 
Valuation at 31 December 2024
44,232 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
173,155 
65,787 
Amounts due from group undertakings etc.
587,300 
2,580 
Accrued income and prepayments
55,621 
45,159 
816,076 
113,526 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
48,701 
41,197 
Trade creditors
36,638 
4,539 
Taxes and social security
28,759 
62,782 
Other creditors
49,283 
116,429 
Accruals
66,581 
39,495 
229,962 
264,442 
8
Average number of employees
During the year the average number of employees was 7 (2023: 11).
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