REGISTERED NUMBER: 13307220 (England and Wales)

The Code Abides Limited

Unaudited Financial Statements

for the Year Ended 31 March 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P R Lee

REGISTERED OFFICE:

9-11 Vittoria Street

Birmingham

B1 3ND

REGISTERED NUMBER:

13307220 (England and Wales)

ACCOUNTANTS:

UHY Hacker Young (Bham) LLP

9-11 Vittoria Street

Birmingham

B1 3ND

FIXED ASSETS

Tangible assets

4

4,078

4,314

CURRENT ASSETS

Debtors

5

10,170

9,949

Cash at bank

37,675

30,370

47,845

40,319

CREDITORS

Amounts falling due within one year

6

12,317

12,845

NET CURRENT ASSETS

35,528

27,474

TOTAL ASSETS LESS CURRENT LIABILITIES

39,606

31,788

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

39,605

31,787

39,606

31,788

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 10 July 2026 and were signed by:

P R Lee - Director

1.	STATUTORY INFORMATION

The Code Abides 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

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Depreciation is provided to write off the cost of tangible fixed assets, less their estimated residual value, over their expected useful economic lives at the following rates:

Fixtures and fittings – 15% reducing balance

Computer equipment – 33% reducing balance

Depreciation is charged from the date the asset is brought into use.

The carrying values of tangible fixed assets are reviewed for impairment where events or changes in circumstances indicate that the carrying value may not be recoverable. Any impairment loss is recognised immediately in the profit and loss account.

Repairs and maintenance costs are charged to the profit and loss account as incurred. Expenditure which enhances the value or extends the useful economic life of an asset is capitalised.

Cash and cash equivalents

Cash and cash equivalents comprise cash in hand and balances held with banks that are repayable on demand.

Cash and cash equivalents are measured at transaction price and subsequently measured at amortised cost where applicable.

Financial Instruments

Basic financial instruments are initially recognised at transaction price, including transaction costs, unless the arrangement constitutes a financing transaction. Financial assets and liabilities are subsequently measured at amortised cost using the effective interest method.

Basic financial assets comprise trade and other debtors, cash at bank and in hand, and amounts owed by group undertakings. Basic financial liabilities comprise trade and other creditors, bank loans and overdrafts, and amounts owed to group undertakings.

Financial assets are assessed for indicators of impairment at each reporting date. Where there is objective evidence of impairment, an impairment loss is recognised in the profit and loss account.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

11,338

Additions

1,188

At 31 March 2026

12,526

DEPRECIATION

At 1 April 2025

7,024

Charge for year

1,424

At 31 March 2026

8,448

NET BOOK VALUE

At 31 March 2026

4,078

At 31 March 2025

4,314

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

8,834

8,820

Other debtors

1,336

1,129

10,170

9,949

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

10,995

11,352

Other creditors

1,322

1,493

12,317

12,845