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REGISTERED NUMBER: 12826305 (England and Wales)















Unaudited Financial Statements For The Year Ended 31 August 2024

for

Coda Commerce Property Ltd

Coda Commerce Property Ltd (Registered number: 12826305)

Contents of the Financial Statements
For The Year Ended 31 August 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Coda Commerce Property Ltd

Company Information
For The Year Ended 31 August 2024







DIRECTORS: L D Blackwell
D E Blackwell





SECRETARY:





REGISTERED OFFICE: Osborne House
143-145 Stanwell Road
Ashford
Middlesex
TW15 3QN





REGISTERED NUMBER: 12826305 (England and Wales)





ACCOUNTANTS: Hunt Ford & Co
Osborne House
143-145 Stanwell Road
Ashford
Middlesex
TW15 3QN

Coda Commerce Property Ltd (Registered number: 12826305)

Balance Sheet
31 August 2024

31/8/24 31/8/23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 960,788 963,358

CURRENT ASSETS
Debtors 5 9,504 -
Cash at bank and in hand 24,742 24,742
34,246 24,742
CREDITORS
Amounts falling due within one year 6 19,870 23,281
NET CURRENT ASSETS 14,376 1,461
TOTAL ASSETS LESS CURRENT
LIABILITIES

975,164

964,819

CREDITORS
Amounts falling due after more than
one year

7

832,073

875,316
NET ASSETS 143,091 89,503

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8 142,991 89,403
143,091 89,503

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

Coda Commerce Property Ltd (Registered number: 12826305)

Balance Sheet - continued
31 August 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 Board of Directors and authorised for issue on 28 May 2025 and were signed on its behalf by:




D E Blackwell - Director



L D Blackwell - Director


Coda Commerce Property Ltd (Registered number: 12826305)

Notes to the Financial Statements
For The Year Ended 31 August 2024


1. STATUTORY INFORMATION

Coda Commerce Property 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Coda Commerce Property Ltd (Registered number: 12826305)

Notes to the Financial Statements - continued
For The Year Ended 31 August 2024


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 September 2023
and 31 August 2024 953,070 13,688 966,758
DEPRECIATION
At 1 September 2023 - 3,400 3,400
Charge for year - 2,570 2,570
At 31 August 2024 - 5,970 5,970
NET BOOK VALUE
At 31 August 2024 953,070 7,718 960,788
At 31 August 2023 953,070 10,288 963,358

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/8/24 31/8/23
£    £   
Amounts receivable in respect of
finance leases

9,504

-

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Trade creditors 1 2,397
Taxation and social security 18,669 19,684
Other creditors 1,200 1,200
19,870 23,281

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/8/24 31/8/23
£    £   
Bank loans 69,436 113,513
Amounts owed to associates 762,637 761,803
832,073 875,316

Coda Commerce Property Ltd (Registered number: 12826305)

Notes to the Financial Statements - continued
For The Year Ended 31 August 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31/8/24 31/8/23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 69,436 113,513

8. RESERVES
Retained
earnings
£   

At 1 September 2023 89,403
Profit for the year 53,588
At 31 August 2024 142,991

9. RELATED PARTY DISCLOSURES

There's £762,637 included in amounts falling due after more than one year in note 7 which is a loan balance due to Coda Commerce Ltd which is jointly owned by the directors. (2023 £761.803 )
Rental income during the year of £48,000 has been received from Coda Commerce Ltd. (2023 £48,000 )

10. ULTIMATE CONTROLLING PARTY

There is no one controlling party as the shares remain in equal holdings by the directors.