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Company Registration No. 09793790 (England and Wales)
School Of Code Limited Unaudited accounts for the year ended 30 September 2025
School Of Code Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
School Of Code Limited Company Information for the year ended 30 September 2025
Directors
Dr Christopher Meah Mr William Peachey
Company Number
09793790 (England and Wales)
Registered Office
15a Main Street Market Bosworth Nuneaton Warwickshire CV13 0JN England
Accountants
RM Accounting Solutions Ltd 2 Church Lane Edingale Tamworth Staffordshire B79 9JD
- 3 -
School Of Code Limited Statement of financial position as at 30 September 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
123 
1,579 
Current assets
Debtors
5
- 
42,975 
Cash at bank and in hand
495,832 
507,334 
495,832 
550,309 
Creditors: amounts falling due within one year
6
(7,214)
(181,731)
Net current assets
488,618 
368,578 
Total assets less current liabilities
488,741 
370,157 
Creditors: amounts falling due after more than one year
7
- 
(9,519)
Net assets
488,741 
360,638 
Capital and reserves
Called up share capital
8
263 
263 
Share premium
199,577 
199,577 
Profit and loss account
288,901 
160,798 
Shareholders' funds
488,741 
360,638 
For the year ending 30 September 2025 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 15 December 2025 and were signed on its behalf by
Dr Christopher Meah Director Company Registration No. 09793790
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School Of Code Limited Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
School Of Code Limited is a private company, limited by shares, registered in England and Wales, registration number 09793790. The registered office is 15a Main Street, Market Bosworth, Nuneaton, Warwickshire, CV13 0JN, England.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit. Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.
Tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
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:
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
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School Of Code Limited Notes to the Accounts for the year ended 30 September 2025
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Leases
Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
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School Of Code Limited Notes to the Accounts for the year ended 30 September 2025
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 October 2024
5,825 
At 30 September 2025
5,825 
Depreciation
At 1 October 2024
4,246 
Charge for the year
1,456 
At 30 September 2025
5,702 
Net book value
At 30 September 2025
123 
At 30 September 2024
1,579 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
22,603 
Accrued income and prepayments
- 
20,372 
- 
42,975 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
- 
6,176 
VAT
2,238 
- 
Trade creditors
175 
4,975 
Taxes and social security
3,770 
49,339 
Other creditors
1,031 
1,825 
Loans from directors
- 
263 
Accruals
- 
59,647 
Deferred income
- 
59,506 
7,214 
181,731 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
- 
3,875 
Loans from directors
- 
5,644 
- 
9,519 
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
13,132 Ordinary shares of £0.02 each
262.64 
262.64 
- 7 -
School Of Code Limited Notes to the Accounts for the year ended 30 September 2025
9
Transactions with related parties
Directors Remuneration 2025 - £75,000 with £1,320 paid to pension scheme 2024 - £71,667 with £1,320 paid to pension scheme
10
Average number of employees
During the year the average number of employees was 5 (2024: 15).
- 8 -