Silverfin false false 05/04/2025 06/04/2024 05/04/2025 Mr Ian Davies 13/06/2011 Ms Tania Percy-Bell 13/06/2011 Ms T Percy Bell 18 August 2025 The principal activity of the Company is environmental consultancy. 07667512 2025-04-05 07667512 bus:Director1 2025-04-05 07667512 bus:Director2 2025-04-05 07667512 2024-04-05 07667512 core:CurrentFinancialInstruments 2025-04-05 07667512 core:CurrentFinancialInstruments 2024-04-05 07667512 core:ShareCapital 2025-04-05 07667512 core:ShareCapital 2024-04-05 07667512 core:RetainedEarningsAccumulatedLosses 2025-04-05 07667512 core:RetainedEarningsAccumulatedLosses 2024-04-05 07667512 core:PlantMachinery 2024-04-05 07667512 core:OfficeEquipment 2024-04-05 07667512 core:PlantMachinery 2025-04-05 07667512 core:OfficeEquipment 2025-04-05 07667512 bus:OrdinaryShareClass1 2025-04-05 07667512 bus:OrdinaryShareClass2 2025-04-05 07667512 2024-04-06 2025-04-05 07667512 bus:FilletedAccounts 2024-04-06 2025-04-05 07667512 bus:SmallEntities 2024-04-06 2025-04-05 07667512 bus:AuditExemptWithAccountantsReport 2024-04-06 2025-04-05 07667512 bus:PrivateLimitedCompanyLtd 2024-04-06 2025-04-05 07667512 bus:Director1 2024-04-06 2025-04-05 07667512 bus:Director2 2024-04-06 2025-04-05 07667512 bus:Director3 2024-04-06 2025-04-05 07667512 core:PlantMachinery 2024-04-06 2025-04-05 07667512 core:OfficeEquipment 2024-04-06 2025-04-05 07667512 2023-04-06 2024-04-05 07667512 bus:OrdinaryShareClass1 2024-04-06 2025-04-05 07667512 bus:OrdinaryShareClass1 2023-04-06 2024-04-05 07667512 bus:OrdinaryShareClass2 2024-04-06 2025-04-05 07667512 bus:OrdinaryShareClass2 2023-04-06 2024-04-05 iso4217:GBP xbrli:pure xbrli:shares

Company No: 07667512 (England and Wales)

CODE 7 CONSULTING LIMITED

Unaudited Financial Statements
For the financial year ended 05 April 2025
Pages for filing with the registrar

CODE 7 CONSULTING LIMITED

Unaudited Financial Statements

For the financial year ended 05 April 2025

Contents

CODE 7 CONSULTING LIMITED

BALANCE SHEET

As at 05 April 2025
CODE 7 CONSULTING LIMITED

BALANCE SHEET (continued)

As at 05 April 2025
Note 2025 2024
£ £
Fixed assets
Tangible assets 3 29,261 13,230
29,261 13,230
Current assets
Debtors 4 34,084 20,048
Cash at bank and in hand 22,510 13,520
56,594 33,568
Creditors: amounts falling due within one year 5 ( 54,236) ( 33,442)
Net current assets 2,358 126
Total assets less current liabilities 31,619 13,356
Provision for liabilities ( 5,559) ( 1,875)
Net assets 26,060 11,481
Capital and reserves
Called-up share capital 6 10 10
Profit and loss account 26,050 11,471
Total shareholders' funds 26,060 11,481

For the financial year ending 05 April 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Code 7 Consulting Limited (registered number: 07667512) were approved and authorised for issue by the Board of Directors on 18 August 2025. They were signed on its behalf by:

Ms T Percy Bell
Director
CODE 7 CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 05 April 2025
CODE 7 CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 05 April 2025
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Code 7 Consulting Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Lowin House, Tregolls Road, Truro, TR1 2NA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. The turnover shown in the profit and loss account represents gross amounts invoiced during the year less VAT payable under the flat rate scheme.

Employee benefits

Defined contribution schemes
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
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 financial statements. 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 tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Plant and machinery 25 % reducing balance
Office equipment 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

2025 2024
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Tangible assets

Plant and machinery Office equipment Total
£ £ £
Cost
At 06 April 2024 14,582 26,729 41,311
Additions 18,848 1,308 20,156
At 05 April 2025 33,430 28,037 61,467
Accumulated depreciation
At 06 April 2024 6,508 21,573 28,081
Charge for the financial year 2,834 1,291 4,125
At 05 April 2025 9,342 22,864 32,206
Net book value
At 05 April 2025 24,088 5,173 29,261
At 05 April 2024 8,074 5,156 13,230

4. Debtors

2025 2024
£ £
Trade debtors 31,676 14,158
Corporation tax 0 3,704
Other debtors 2,408 2,186
34,084 20,048

5. Creditors: amounts falling due within one year

2025 2024
£ £
Trade creditors 15 0
Taxation and social security 41,930 14,763
Other creditors 12,291 18,679
54,236 33,442

6. Called-up share capital

2025 2024
£ £
Allotted, called-up and fully-paid
5 Ordinary A shares of £ 1.00 each 5 5
5 Ordinary B shares of £ 1.00 each 5 5
10 10