Registered number
09118258
Codentry Limited
Filleted Accounts
31 March 2025
Codentry Limited
Registered number: 09118258
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 7,019 7,046
Current assets
Debtors 4 6,466 2,866
Cash at bank and in hand 60,147 114,359
66,613 117,225
Creditors: amounts falling due within one year 5 (43,176) (95,110)
Net current assets 23,437 22,115
Net assets 30,456 29,161
Capital and reserves
Called up share capital 100 100
Profit and loss account 30,356 29,061
Shareholder's funds 30,456 29,161
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Talat Ozyosun Ms Burcu Otluoglu Ozyousn
Director Director
Approved by the board on 11 June 2025 Approved by the board on 11 June 2025
Codentry Limited
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 April 2024 1,196 24,583 25,779
Additions 1,398 - 1,398
At 31 March 2025 2,594 24,583 27,177
Depreciation
At 1 April 2024 11 18,722 18,733
Charge for the year 253 1,172 1,425
At 31 March 2025 264 19,894 20,158
Net book value
At 31 March 2025 2,330 4,689 7,019
At 31 March 2024 1,185 5,861 7,046
4 Debtors 2025 2024
£ £
Customers 3,780 -
Paye & NI 25 25
Waterside Homes Ltd (Brighton BN2 5TP) 1,960 1,960
Prepayments 701 881
6,466 2,866
5 Creditors: amounts falling due within one year 2025 2024
£ £
Suppliers 42 -
Taxation and social security costs 22,000 29,538
Proposed dividend - Talat Ozyosun 15,950 32,000
Proposed dividend - Burcu Otluoglu Ozyosun 3,950 31,000
Director's account 1,234 2,572
43,176 95,110
6 Other information
Codentry Limited is a private company limited by shares and incorporated in England. Its registered office is:
565 Green Lanes
Haringey
London
N8 0RL
Codentry Limited 09118258 false 2024-04-01 2025-03-31 2025-03-31 VT Final Accounts April 2025 Mr Talat Ozyosun No description of principal activity 09118258 2023-04-01 2024-03-31 09118258 core:WithinOneYear 2024-03-31 09118258 core:ShareCapital 2024-03-31 09118258 core:RetainedEarningsAccumulatedLosses 2024-03-31 09118258 2024-04-01 2025-03-31 09118258 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09118258 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 09118258 bus:Director40 2024-04-01 2025-03-31 09118258 1 2024-04-01 2025-03-31 09118258 2 2024-04-01 2025-03-31 09118258 core:PlantMachinery 2024-04-01 2025-03-31 09118258 core:Vehicles 2024-04-01 2025-03-31 09118258 countries:England 2024-04-01 2025-03-31 09118258 bus:FRS102 2024-04-01 2025-03-31 09118258 bus:FilletedAccounts 2024-04-01 2025-03-31 09118258 2025-03-31 09118258 core:WithinOneYear 2025-03-31 09118258 core:ShareCapital 2025-03-31 09118258 core:RetainedEarningsAccumulatedLosses 2025-03-31 09118258 core:PlantMachinery 2025-03-31 09118258 core:Vehicles 2025-03-31 09118258 2024-03-31 09118258 core:PlantMachinery 2024-03-31 09118258 core:Vehicles 2024-03-31 iso4217:GBP xbrli:pure