REGISTERED NUMBER: 07416979 (England and Wales)

Financial Statements for the Year Ended 30 October 2024

for

Code Black Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Miss H Marshall

REGISTERED OFFICE:

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

REGISTERED NUMBER:

07416979 (England and Wales)

ACCOUNTANTS:

Nordens

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

FIXED ASSETS

Tangible assets

4

1,204

1,498

CURRENT ASSETS

Debtors

5

11,000

11,524

Cash at bank and in hand

32

3,947

11,032

15,471

CREDITORS

Amounts falling due within one year

6

(13,902

)

(20,205

)

NET CURRENT LIABILITIES

(2,870

)

(4,734

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,666

)

(3,236

)

CREDITORS

Amounts falling due after more than one year

7

(13,494

)

(11,455

)

NET LIABILITIES

(15,160

)

(14,691

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(15,162

)

(14,693

)

SHAREHOLDERS' FUNDS

(15,160

)

(14,691

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 October 2025 and were signed by:

Miss H Marshall - Director

1.	STATUTORY INFORMATION

Code Black Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern

The financial statements have been prepared on the going concern basis. The director is of the opinion that the shareholders will continue to support it, and provide adequate funding when necessary to enable it to meet its obligations for the foreseeable future, being for a period of at least twelve months from the date of approval of the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 31 October 2023

and 30 October 2024

7,007

7,909

14,916

DEPRECIATION

At 31 October 2023

6,201

7,217

13,418

Charge for year

121

173

294

At 30 October 2024

6,322

7,390

13,712

NET BOOK VALUE

At 30 October 2024

685

519

1,204

At 30 October 2023

806

692

1,498

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.10.24

30.10.23

£

£

Trade debtors

-

266

Other debtors

11,000

11,258

11,000

11,524

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.10.24

30.10.23

£

£

Bank loans and overdrafts

2,643

4,000

Trade creditors

1,371

2,134

Taxation and social security

9,888

10,831

Other creditors

-

3,240

13,902

20,205

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.10.24

30.10.23

£

£

Bank loans

13,494

11,455

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 October 2024 and 30 October 2023:

30.10.24

30.10.23

£

£

Miss H Marshall

Balance outstanding at start of year

(8,417

)

8,251

Amounts advanced

-

12,583

Amounts repaid

191

(29,251

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(8,226

)

(8,417

)

9.	RELATED PARTY DISCLOSURES

The Director Miss H Marshall is considered to be key management personnel.