IRIS Accounts Production v25.1.0.734 11991638 director 1.12.22 30.11.23 30.11.23 false true false false true false Ordinary 1.00000 Non Voting 0.01000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh119916382022-11-30119916382023-11-30119916382022-12-012023-11-30119916382021-11-30119916382021-12-012022-11-30119916382022-11-3011991638ns15:EnglandWales2022-12-012023-11-3011991638ns14:PoundSterling2022-12-012023-11-3011991638ns10:Director12022-12-012023-11-3011991638ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3011991638ns10:SmallEntities2022-12-012023-11-3011991638ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3011991638ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3011991638ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3011991638ns10:FullAccounts2022-12-012023-11-3011991638ns10:OrdinaryShareClass12022-12-012023-11-3011991638ns10:OrdinaryShareClass22022-12-012023-11-3011991638ns10:RegisteredOffice2022-12-012023-11-3011991638ns5:CurrentFinancialInstruments2023-11-3011991638ns5:CurrentFinancialInstruments2022-11-3011991638ns5:ShareCapital2023-11-3011991638ns5:ShareCapital2022-11-3011991638ns5:RetainedEarningsAccumulatedLosses2023-11-3011991638ns5:RetainedEarningsAccumulatedLosses2022-11-3011991638ns5:PlantMachinery2022-12-012023-11-3011991638ns5:PlantMachinery2022-11-3011991638ns5:PlantMachinery2023-11-3011991638ns5:PlantMachinery2022-11-3011991638ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-3011991638ns5:WithinOneYearns5:CurrentFinancialInstruments2022-11-3011991638ns10:OrdinaryShareClass12023-11-3011991638ns10:OrdinaryShareClass22023-11-30
REGISTERED NUMBER: 11991638 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2023

FOR

CODE GIANTS LIMITED

CODE GIANTS LIMITED (REGISTERED NUMBER: 11991638)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CODE GIANTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2023







DIRECTOR: Mrs H Georgiou





REGISTERED OFFICE: 495 Green Lanes
London
N13 4BS





REGISTERED NUMBER: 11991638 (England and Wales)





ACCOUNTANTS: Avraam Associates Limited
Chartered Accountants
495 Green Lanes
London
N13 4BS

CODE GIANTS LIMITED (REGISTERED NUMBER: 11991638)

BALANCE SHEET
30TH NOVEMBER 2023

2023 2022
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 277 1,775

CURRENT ASSETS
Debtors 5 208,833 286,580
Cash at bank - 429
208,833 287,009
CREDITORS
Amounts falling due within one year 6 371,004 358,051
NET CURRENT LIABILITIES (162,171 ) (71,042 )
TOTAL ASSETS LESS CURRENT LIABILITIES (161,894 ) (69,267 )

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Retained earnings (162,894 ) (70,267 )
SHAREHOLDERS' FUNDS (161,894 ) (69,267 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 14th April 2025 and were signed by:





Mrs H Georgiou - Director


CODE GIANTS LIMITED (REGISTERED NUMBER: 11991638)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2023

1. STATUTORY INFORMATION

Code Giants 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.
Plant and machinery etc - 33% on cost

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

CODE GIANTS LIMITED (REGISTERED NUMBER: 11991638)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023

2. ACCOUNTING POLICIES - continued

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.

Going concern
Support has been provided by loans from the parent company, Gahn Capital Limited, the directors of which have indicated that this support will continue for the foreseeable future. The directors, having considered the above and made due enquiries, continue to adopt the going concern basis in preparing the financial statements which assumes that the company will continue in operation for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st December 2022
and 30th November 2023 15,206
DEPRECIATION
At 1st December 2022 13,431
Charge for year 1,498
At 30th November 2023 14,929
NET BOOK VALUE
At 30th November 2023 277
At 30th November 2022 1,775

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 8,555
Amounts owed by group undertakings 208,833 277,016
Other debtors - 1,009
208,833 286,580

CODE GIANTS LIMITED (REGISTERED NUMBER: 11991638)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 6,810 72,518
Amounts owed to group undertakings 185,596 131,989
Taxation and social security 110,873 109,319
Other creditors 67,725 44,225
371,004 358,051

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,000 Ordinary £1 1,000 1,000
15 Non Voting 1p - -
1,000 1,000

8. ULTIMATE CONTROLLING PARTY

The controlling party is Gahn Capital Limited.

The ultimate controlling party is Gahn Group Trading Limited.