1 June 2023 false Taxfiler 2024.6 14099370business:PrivateLimitedCompanyLtd2023-06-012024-05-31 140993702023-05-31 140993702023-06-012024-05-31 14099370business:AuditExemptWithAccountantsReport2023-06-012024-05-31 14099370business:FilletedAccounts2023-06-012024-05-31 140993702024-05-31 14099370business:Director12023-06-012024-05-31 14099370business:RegisteredOffice2023-06-012024-05-31 140993702023-05-31 14099370core:WithinOneYear2024-05-31 14099370core:WithinOneYear2023-05-31 14099370core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 14099370core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 14099370core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 14099370core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 14099370core:PreviouslyStatedAmount2024-05-31 14099370core:PreviouslyStatedAmount2023-05-31 14099370business:SmallEntities2023-06-012024-05-31 14099370countries:EnglandWales2023-06-012024-05-31 14099370core:FurnitureFittings2023-06-012024-05-31 14099370core:FurnitureFittings2023-05-31 14099370core:FurnitureFittings2024-05-31 14099370business:OrdinaryShareClass12023-06-012024-05-31 14099370business:OrdinaryShareClass12022-05-112023-05-31 14099370business:OrdinaryShareClass22023-06-012024-05-31 14099370business:OrdinaryShareClass22022-05-112023-05-31 14099370business:AllOrdinaryShares2023-06-012024-05-31 14099370business:AllOrdinaryShares2022-05-112023-05-31 140993702022-05-112023-05-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 14099370 (England and Wales)
Codequake Limited Filleted accounts for the year ended 31 May 2024
Codequake Limited Filleted accounts Contents
Page
- 2 -
Codequake Limited Company Information for the year ended 31 May 2024
Director
Abdul Osman
Company Number
14099370 (England and Wales)
Registered Office
40 Mitchell Walk London E6 5RG England
Accountants
YP Finance Hawthorne House 17A Hawthorne Drive Leicester Leicestershire LE5 6DL
- 3 -
Codequake Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,831 
3,146 
Current assets
Debtors
- 
20,714 
Cash at bank and in hand
17,240 
16,579 
17,240 
37,293 
Creditors: amounts falling due within one year
(19,971)
(23,772)
Net current (liabilities)/assets
(2,731)
13,521 
Net assets
100 
16,667 
Capital and reserves
Called up share capital
100 
1 
Profit and loss account
- 
16,666 
Shareholders' funds
100 
16,667 
For the year ending 31 May 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 28 February 2025 and were signed on its behalf by
Abdul Osman Director Company Registration No. 14099370
- 4 -
Codequake Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Codequake Limited is a private company, limited by shares, registered in England and Wales, registration number 14099370. The registered office is 40 Mitchell Walk, London, E6 5RG, England.
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.
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.
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.
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:
Fixtures & fittings
10% straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 5 -
Codequake Limited Notes to the Accounts for the year ended 31 May 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 June 2023
3,500 
At 31 May 2024
3,500 
Depreciation
At 1 June 2023
354 
Charge for the year
315 
At 31 May 2024
669 
Net book value
At 31 May 2024
2,831 
At 31 May 2023
3,146 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
16,794 
Other debtors
- 
3,920 
- 
20,714 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
4,593 
9,532 
Taxes and social security
14,769 
13,384 
Loans from directors
- 
856 
Accruals
609 
- 
19,971 
23,772 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
50 A Ordinary shares of £1 each
50 
1 
50 B Ordinary shares of £1 each
50 
- 
100 
1 
Shares issued during the period:
49 A Ordinary shares of £1 each
49 
50 B Ordinary shares of £1 each
50 
99 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 6 -