CODE CRUX SOLUTIONS LTD

Company Registration Number:
15727895 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2025

Period of accounts

Start date: 18 May 2024

End date: 31 May 2025

CODE CRUX SOLUTIONS LTD

Contents of the Financial Statements

for the Period Ended 31 May 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

CODE CRUX SOLUTIONS LTD

Directors' report period ended 31 May 2025

The directors present their report with the financial statements of the company for the period ended 31 May 2025

Principal activities of the company

The principal activity of the Company during the reporting period continued to be the design, development, implementation and support of bespoke software solutions together with the provision of IT consultancy and related digital technology services. The Company provides customised software applications and technology solutions designed to improve operational efficiency and support the digital transformation of commercial organisations. There were no significant changes in the nature of the Company's activities during the reporting period.

Additional information

Business Performance and Financial Results The reporting period was characterised by continued development of the Company's software business together with prudent financial management. The Company generated turnover of GBP 78,420, producing an operating profit of GBP 56,450 and a profit after taxation of GBP45,241. Administrative expenses amounted to GBP 14,470 and principally comprised software subscriptions, cloud infrastructure, professional services, insurance, office administration and other operating costs incurred in supporting the Company's activities. The Director considers the Company's financial performance during the reporting period to be satisfactory and consistent with the Company's long-term commercial objectives.



Directors

The director shown below has held office during the period of
10 January 2025 to 31 May 2025

Asparuh Nikolov

The director shown below has held office during the period of
18 May 2024 to 30 December 2024

Nataliia BOIKO

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
31 July 2026

And signed on behalf of the board by:
Name: Asparuh Nikolov
Status: Director

CODE CRUX SOLUTIONS LTD

Profit And Loss Account

for the Period Ended 31 May 2025

2025


£
Turnover: 78,420
Cost of sales: ( 43,770 )
Gross profit(or loss): 34,650
Distribution costs: ( 258 )
Administrative expenses: ( 8,980 )
Other operating income: 0
Operating profit(or loss): 25,412
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 25,412
Tax: ( 4,828 )
Profit(or loss) for the financial year: 20,584

CODE CRUX SOLUTIONS LTD

Balance sheet

As at 31 May 2025

Notes 2025


£
Fixed assets
Intangible assets: 3 3,000
Tangible assets: 4 20,000
Investments:   0
Total fixed assets: 23,000
Current assets
Stocks: 5 2,269
Debtors: 6 392,931
Cash at bank and in hand: 68,500
Investments: 7 2,300
Total current assets: 466,000
Prepayments and accrued income: 15,300
Creditors: amounts falling due within one year: 8 ( 42,762 )
Net current assets (liabilities): 438,538
Total assets less current liabilities: 461,538
Creditors: amounts falling due after more than one year: 9 ( 379,394 )
Provision for liabilities: ( 1,030 )
Accruals and deferred income: ( 10,530 )
Total net assets (liabilities): 70,584
Capital and reserves
Called up share capital: 50,000
Share premium account: 0
Other reserves: 0
Profit and loss account: 20,584
Total Shareholders' funds: 70,584

The notes form part of these financial statements

CODE CRUX SOLUTIONS LTD

Balance sheet statements

For the year ending 31 May 2025 the company was entitled to exemption 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.

This report was approved by the board of directors on 31 July 2026
and signed on behalf of the board by:

Name: Asparuh Nikolov
Status: Director

The notes form part of these financial statements

CODE CRUX SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents amounts receivable from software development, IT consultancy, implementation services and related digital technology services provided during the reporting period, exclusive of Value Added Tax. Revenue is recognised when contractual performance obligations have been satisfied and economic benefits are expected to flow to the Company.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is calculated using the straight-line method over the estimated useful economic lives of the assets.

    Intangible fixed assets amortisation policy

    Intangible assets comprise purchased software licences supporting the Company's software development activities. Intangible assets are stated at cost less accumulated amortisation and impairment losses.

    Valuation information and policy

    The financial statements have been prepared under the historical cost convention. Tangible fixed assets are stated at cost less accumulated depreciation and impairment. Intangible assets are stated at cost less accumulated amortisation and impairment. Inventories are valued at the lower of cost and estimated selling price less costs to complete and sell. Trade debtors and creditors are measured at transaction value and subsequently at amortised cost.

    Other accounting policies

    The financial statements have been prepared on the going concern basis. Depreciation and amortisation are calculated using the straight-line method over an estimated useful economic life of three years. Cash and cash equivalents comprise cash held with recognised financial institutions and cash available on demand. Current taxation represents the estimated corporation tax payable in respect of taxable profits for the reporting period. No deferred taxation has been recognised.

CODE CRUX SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

  • 2. Employees

    2025
    Average number of employees during the period 3

CODE CRUX SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

3. Intangible assets

Goodwill Other Total
Cost £ £ £
Additions 4,000 4,000
Disposals
Revaluations
Transfers
At 31 May 2025 4,000 4,000
Amortisation
Charge for year 1,000 1,000
On disposals
Other adjustments
At 31 May 2025 1,000 1,000
Net book value
At 31 May 2025 3,000 3,000

The Company's intangible assets comprise purchased software licences utilised in support of software development activities.The Director considers these assets to provide continuing economic benefit and believes that their carrying value remains fully recoverable.

CODE CRUX SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 26,667 26,667
Disposals
Revaluations
Transfers
At 31 May 2025 26,667 26,667
Depreciation
Charge for year 6,667 6,667
On disposals
Other adjustments
At 31 May 2025 6,667 6,667
Net book value
At 31 May 2025 20,000 20,000

The Company's tangible fixed assets comprise computer equipment and related technology infrastructure utilised in the ordinary course of business.The Director considers the Company's technology assets to provide an appropriate operational platform supporting future commercial development.

CODE CRUX SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

5. Stocks

2025
£
Stocks 2,269
Payments on account 0
Total 2,269

CODE CRUX SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

6. Debtors

2025
£
Trade debtors 392,931
Prepayments and accrued income 0
Other debtors 0
Total 392,931
Debtors due after more than one year: 0

Trade debtors represent amounts receivable from customers in respect of software development, technology implementation, computer hardware supply and technical support services provided during the reporting period. Outstanding balances are reviewed regularly and the Director considers all material balances to be fully recoverable.

CODE CRUX SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

7. Current assets investments note

Current investments represent short-term investments expected to be realised within twelve months after the reporting date. The Director considers the carrying value of these investments to be fully recoverable.

CODE CRUX SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

8. Creditors: amounts falling due within one year note

2025
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 37,934
Taxation and social security 4,828
Accruals and deferred income 0
Other creditors 0
Total 42,762

Trade creditors principally represent amounts payable to suppliers of computer hardware, software licences, professional services and other operating expenses incurred in the ordinary course of business. Corporation tax payable represents the estimated corporation tax liability outstanding at the reporting date.

CODE CRUX SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

9. Creditors: amounts falling due after more than one year note

2025
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Other creditors 379,394
Total 379,394

The Director's loan represents long-term unsecured funding provided to finance the Company's establishment, investment in software and technology assets, inventory purchases and ongoing working capital requirements. The loan is interest-free and has been classified as a non-current liability.