Company Registration No. 12983899 (England and Wales)
Carcode Limited
Unaudited accounts
for the year ended 31 December 2024
Carcode Limited
Unaudited accounts
Contents
Carcode Limited
Company Information
for the year ended 31 December 2024
Company Number
12983899 (England and Wales)
Registered Office
Unit A
82 James Carter Road
Mildenhall
IP28 7DE
England
Accountants
EK Accounting & Tax Services Limited
Fusion At Magna Business Centre, Unit 23
Magna Way
Rotherham
S60 1FE
Carcode Limited
Statement of financial position
as at 31 December 2024
Tangible assets
81,237
100,855
Investments
584,536
500,000
Cash at bank and in hand
19,237
101,371
Creditors: amounts falling due within one year
(138,110)
(91,338)
Net current assets
175,585
15,603
Net assets
841,358
616,458
Called up share capital
1
1
Profit and loss account
841,357
616,457
Shareholders' funds
841,358
616,458
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 22 May 2025 and were signed on its behalf by
P A Tomaszewicz
Director
Company Registration No. 12983899
Carcode Limited
Notes to the Accounts
for the year ended 31 December 2024
Carcode Limited is a private company, limited by shares, registered in England and Wales, registration number 12983899. The registered office is Unit A, 82 James Carter Road, Mildenhall, IP28 7DE, 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.
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.
These financial statements have been prepared in accordance with “The Financial Reporting Standard applicable in the UK and Republic of Ireland (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The principal accounting policies are set out below.
These financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
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 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:
Motor vehicles
20% reducing balance
Computer equipment
33% straight line
Investments are included at fair value.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Carcode Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
124,376
2,834
127,210
At 31 December 2024
124,376
4,167
128,543
At 1 January 2024
24,875
1,480
26,355
Charge for the year
19,900
1,106
21,006
At 31 December 2024
44,775
2,531
47,306
At 31 December 2024
79,601
1,636
81,237
At 31 December 2023
99,501
1,354
100,855
5
Investments
Other investments
Valuation at 1 January 2024
500,000
Valuation at 31 December 2024
584,536
Amounts falling due within one year
Accrued income and prepayments
2,000
-
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
130,441
88,393
Loans from directors
-
870
Carcode Limited
Notes to the Accounts
for the year ended 31 December 2024
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director
(870)
213,326
312
212,144
10
Average number of employees
During the year the average number of employees was 2 (2023: 1).