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Registered number: 08649718
Fully Coded Solutions Limited
ABRIDGED Financial Statements
For The Year Ended 31 August 2025
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 08649718
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 11,081 9,055
Tangible Assets 5 8,801 7,856
Investments 6 51,205 38,969
71,087 55,880
CURRENT ASSETS
Debtors 40,096 18,761
Cash at bank and in hand 67,011 46,804
107,107 65,565
Creditors: Amounts Falling Due Within One Year (15,108 ) (7,586 )
NET CURRENT ASSETS (LIABILITIES) 91,999 57,979
TOTAL ASSETS LESS CURRENT LIABILITIES 163,086 113,859
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,848 ) -
NET ASSETS 161,238 113,859
CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 48,376 36,542
Profit and Loss Account 112,762 77,217
SHAREHOLDERS' FUNDS 161,238 113,859
Page 1
Page 2
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Profit and Loss Account and an Abridged Balance Sheet for the year end 31 August 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr M J Grice
Director
29th May 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Fully Coded Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08649718 . The registered office is Barn Owl Cottage, Chapel Hill, Ponsanooth, Cornwall, TR3 7ET.
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.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.  
2.3. 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:
Fixtures, Fittings and Equipment 15% on reducing balance
Computer Equipment 33% on reducing balance
Product development costs are being amortised evenly over the estimated useful life of ten years.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
Page 3
Page 4
4. Intangible Assets
Total
£
Cost
As at 1 September 2024 45,052
Additions 3,034
As at 31 August 2025 48,086
Amortisation
As at 1 September 2024 35,997
Provided during the period 1,008
As at 31 August 2025 37,005
Net Book Value
As at 31 August 2025 11,081
As at 1 September 2024 9,055
5. Tangible Assets
Total
£
Cost
As at 1 September 2024 23,767
Additions 3,676
As at 31 August 2025 27,443
Depreciation
As at 1 September 2024 15,911
Provided during the period 2,731
As at 31 August 2025 18,642
Net Book Value
As at 31 August 2025 8,801
As at 1 September 2024 7,856
6. Investments
Total
£
Cost or Valuation
As at 1 September 2024 38,969
Additions 12,236
As at 31 August 2025 51,205
Provision
As at 1 September 2024 -
As at 31 August 2025 -
...CONTINUED
Page 4
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Net Book Value
As at 31 August 2025 51,205
As at 1 September 2024 38,969
The above investments relate to domain names owned by the company stated at market value.
Cost £2,829
Revaluation £48,376
Net book value at 31st August 2025 £51,205
7. Provisions for Liabilities
Deferred Tax Total
£ £
Accelerated capital allowances 1,848 1,848
Balance at 31 August 2025 1,848 1,848
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Reserves
Revaluation Reserve
£
As at 1 September 2024 36,542
Surplus on revaluation 11,834
As at 31 August 2025 48,376
Page 5