Company registration number:
12304767
Codicote Homes Ltd
Unaudited filleted financial statements
30 November 2025
Codicote Homes Ltd
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
Codicote Homes Ltd
Directors and other information
|
|
|
|
Directors |
Mr Adam Draper |
|
|
Mrs Sarah Jevon |
|
|
|
|
|
|
|
Company number |
12304767 |
|
|
|
|
|
|
|
Registered office |
83 High Street |
|
|
Hemel Hempstead |
|
|
Herts |
|
|
HP1 3AH |
|
|
|
|
|
|
|
Accountants |
Hicks And Company |
|
|
Chartered Accountants |
|
|
83 High Street |
|
|
Hemel Hempstead |
|
|
Herts |
|
|
HP1 3AH |
|
|
|
Codicote Homes Ltd
Statement of financial position
30 November 2025
|
|
|
2025 |
|
|
|
2024 |
|
|
|
|
Note |
£ |
|
£ |
|
£ |
|
£ |
|
|
|
|
|
|
|
|
|
|
|
Current assets |
|
|
|
|
|
|
|
|
|
|
Stocks |
|
|
295,000 |
|
|
|
- |
|
|
|
Debtors |
|
4 |
75,298 |
|
|
|
133,683 |
|
|
|
Cash at bank and in hand |
|
|
21,375 |
|
|
|
21 |
|
|
|
|
|
_______ |
|
|
|
_______ |
|
|
|
|
|
391,673 |
|
|
|
133,704 |
|
|
|
Creditors: amounts falling due |
|
|
|
|
|
|
|
|
|
|
within one year |
|
5 |
(
375,451) |
|
|
|
(
35,900) |
|
|
|
|
|
_______ |
|
|
|
_______ |
|
|
|
Net current assets |
|
|
|
|
16,222 |
|
|
|
97,804 |
|
|
|
|
|
_______ |
|
|
|
_______ |
|
Total assets less current liabilities |
|
|
|
|
16,222 |
|
|
|
97,804 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
_______ |
|
|
|
_______ |
|
Net assets |
|
|
|
|
16,222 |
|
|
|
97,804 |
|
|
|
|
|
_______ |
|
|
|
_______ |
|
|
|
|
|
|
|
|
|
|
|
Capital and reserves |
|
|
|
|
|
|
|
|
|
|
Called up share capital |
|
|
|
|
2 |
|
|
|
2 |
|
Profit and loss account |
|
|
|
|
16,220 |
|
|
|
97,802 |
|
|
|
|
|
_______ |
|
|
|
_______ |
|
Shareholders funds |
|
|
|
|
16,222 |
|
|
|
97,804 |
|
|
|
|
|
_______ |
|
|
|
_______ |
|
|
|
|
|
|
|
|
|
|
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
01 July 2026
, and are signed on behalf of the board by:
Mrs Sarah Jevon
Director
Company registration number:
12304767
Codicote Homes Ltd
Notes to the financial statements
Year ended 30 November 2025
1.
General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 83 High Street, Hemel Hempstead, Herts, HP1 3AH.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.
4.
Debtors
|
|
|
2025 |
2024 |
|
|
|
£ |
£ |
|
Other debtors |
|
75,298 |
133,683 |
|
|
|
_______ |
_______ |
|
|
|
|
|
5.
Creditors: amounts falling due within one year
|
|
|
2025 |
2024 |
|
|
|
£ |
£ |
|
Bank loans and overdrafts |
|
341,423 |
- |
|
Trade creditors |
|
12,260 |
2,125 |
|
Corporation tax |
|
12,656 |
26,656 |
|
Social security and other taxes |
|
943 |
- |
|
Other creditors |
|
8,169 |
7,119 |
|
|
|
_______ |
_______ |
|
|
|
375,451 |
35,900 |
|
|
|
_______ |
_______ |
|
|
|
|
|
6.
Directors advances, credits and guarantees
|
|
Balance brought forward and o/standing |
Balance brought forward and o/standing |
|
|
2025 |
2024 |
|
|
£ |
£ |
|
Mr Adam Draper |
2,815 |
2,815 |
|
Mrs Sarah Jevon |
4,304 |
4,304 |
|
|
_______ |
_______ |
|
|
7,119 |
7,119 |
|
|
_______ |
_______ |
|
|
|
|