Company Registration No. 3436191 (England and Wales)
Code Development Limited
Unaudited accounts
for the year ended 31 December 2024
Code Development Limited
Unaudited accounts
Contents
Code Development Limited
Company Information
for the year ended 31 December 2024
Directors
Dusko Delic
Alexander Delic
Company Number
3436191 (England and Wales)
Registered Office
15 Needham Court,
Blagrove Road
Teddington
TW110EF
GB
Accountants
SA Ledgers Ltd
57 Canbury Park Road
Kingston
KT2 6LQ
Code Development Limited
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
158,772
247,000
Creditors: amounts falling due within one year
(237,637)
(175,520)
Net current (liabilities)/assets
(78,865)
72,320
Net (liabilities)/assets
(42,418)
72,320
Called up share capital
100
100
Profit and loss account
(42,518)
72,220
Shareholders' funds
(42,418)
72,320
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 directors acknowledge their 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 of Directors and authorised for issue on 5 August 2025 and were signed on its behalf by
Dusko Delic
Director
Company Registration No. 3436191
Code Development Limited
Notes to the Accounts
for the year ended 31 December 2024
Code Development Limited is a private company, limited by shares, registered in England and Wales, registration number 3436191. The registered office is 15 Needham Court,, Blagrove Road, Teddington, TW110EF, GB.
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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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Whilst the balance sheet shows net liabilities of £42,418 (2023: £nil), the directors have indicated their willingness to continue to support the company in the foreseeable future.
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Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
-
23,925
23,925
Additions
41,090
739
41,829
At 31 December 2024
41,090
24,664
65,754
At 1 January 2024
-
23,925
23,925
Charge for the year
5,136
246
5,382
At 31 December 2024
5,136
24,171
29,307
At 31 December 2024
35,954
493
36,447
Amounts falling due within one year
Code Development Limited
Notes to the Accounts
for the year ended 31 December 2024
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Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
39,523
-
Taxes and social security
1,038
1,252
Other creditors
5,597
5,381
Loans from directors
183,392
165,892
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 3 (2023: 3).