Code Concise Limited - Filleted accounts

Registered number

10016103

Code Concise Limited

Unaudited Filleted Accounts

28 February 2025

Code Concise Limited
Registered number:		10016103
Balance Sheet
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		3,119			3,044

Current assets
Stocks		-			2,174
Debtors	4	14,511			10,435
Cash at bank and in hand		126,342			101,574
		140,853			114,183

Creditors: amounts falling due within one year	5	(25,482)			(24,290)

Net current assets			115,371			89,893

Total assets less current liabilities			118,490			92,937


Provisions for liabilities			(675)			(578)


Net assets			117,815			92,359

Capital and reserves
Called up share capital			1			1
Profit and loss account			117,814			92,358

Shareholder's funds			117,815			92,359

The director is 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 director acknowledges his 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.




Andrew Eder
Director
Approved by the board on 8 August 2025

Code Concise Limited
Notes to the Accounts
for the year ended 28 February 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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:

	Plant and machinery	20% Straight Line
	Fixtures and Fittings	15% Straight Line
	Computer Equipment	33% Straight Line

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		2		2


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 March 2024				7,661
	Additions				2,260
	At 28 February 2025				9,921

	Depreciation
	At 1 March 2024				4,617
	Charge for the year				2,185
	At 28 February 2025				6,802

	Net book value
	At 28 February 2025				3,119
	At 29 February 2024				3,044



4	Debtors		2025		2024
£				£

	Trade debtors		14,511		10,435


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Taxation and social security costs		21,814		21,609
	Accruals		1,569		1,380
	Director's Loan account		2,099		1,301
			25,482		24,290


6	Related party transactions

	None noted.

7	Transactions with Directors

	During the year Andy Eder, director of Code Concise Limited, used a current account with the company to record amounts due to him and amounts drawn by him. The accounts show an amount owing back to Andy eder as director as at 28th February 2025 of £2,098.69 (2024: £1,300.94). The amount is repayable on demand and does not carry interest.


8	Controlling party

	Andy Eder owns 100% of the share capital and is the sole director of Code Concise Limited, he is therefore also the ultimate controlling party of Code Concise Limited.


9	Other information

	Code Concise Limited is a private company limited by shares and incorporated in England. Its registered office is:
	The Old Bank
	Beaufort Street
	Crickhowell
	Powys
	NP8 1AD