BITCODE LTD

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 12066501

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,666		2,866

			2,666		2,866
CURRENT ASSETS
Debtors		3,997		42,200
Cash at bank and in hand		14,355		9,839

		18,352		52,039
Creditors: Amounts Falling Due Within One Year		(13,424 )		(16,980 )

NET CURRENT ASSETS (LIABILITIES)			4,928		35,059

TOTAL ASSETS LESS CURRENT LIABILITIES			7,594		37,925

NET ASSETS			7,594		37,925

CAPITAL AND RESERVES
Called up share capital	5		100		100
Profit and Loss Account			7,494		37,825

SHAREHOLDERS' FUNDS			7,594		37,925

Page 1

Page 2

BITCODE LTD

Abridged Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Vidya Kagitha

Director

21/07/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

BITCODE LTD is a private company, limited by shares, incorporated in England & Wales, registered number 12066501 . The registered office is 7 Bell Yard, London, WC2A 2JR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

2.2. Going Concern Disclosure

At the time of approving the financial statements, the director has reasonable expectation that the company has

adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to

adopt the going concern basis of accounting in preparing the financial statements.

2.3. 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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

Straight line basis over 3 years

2.5. Foreign Currencies

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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 4)

Page 3

Page 4

BITCODE LTD

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Total
	£
Cost
As at 1 April 2024	7,962
Additions	999

As at 31 March 2025	8,961

Depreciation
As at 1 April 2024	5,096
Provided during the period	1,199

As at 31 March 2025	6,295

Net Book Value
As at 31 March 2025	2,666

As at 1 April 2024	2,866

5. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

Page 4