Isode Limited - Filleted accounts

Registered number

04547144

Isode Limited

Filleted Accounts

31 December 2025

Isode Limited
Registered number:		04547144
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		-			-
Tangible assets	4		80,423			49,418
			80,423			49,418

Current assets
Debtors	5	1,484,447			1,312,614
Cash at bank and in hand		4,314,081			5,584,528
		5,798,528			6,897,142

Creditors: amounts falling due within one year	6	(3,875,812)			(4,960,171)

Net current assets			1,922,716			1,936,971

Total assets less current liabilities			2,003,139			1,986,389

Net assets			2,003,139			1,986,389

Capital and reserves
Called up share capital			24,715			24,715
Share premium			6,600			6,600
Profit and loss account			1,971,824			1,955,074

Shareholders' funds			2,003,139			1,986,389

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Steve Kille
Director
Approved by the board on 17 September 2026

Isode Limited
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods and services provided to customers during the period. Support and maintenance income is recognised in the profit and loss account over the period of the contract. Any such income which relates to future accounting periods is deferred and shown in creditors as deferred income.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings			over 5 years
	Plant and machinery			over 3 years
	Fixtures, fittings, tools and equipment			over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price).

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					49		44



3	Intangible fixed assets					£	£
	Acquired IPR:

	Cost
	At 1 January 2025					30,000		30,000
	Additions							-
	Disposals							-
	At 31 December 2025					30,000		30,000

	Amortisation
	At 1 January 2025					30,000		30,000
	Provided during the year							-
	On disposals							-
	At 31 December 2025					30,000		30,000

	Net book value
	At 31 December 2025					-		-
	At 31 December 2024					-		-

	Acquired IPR is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 January 2025	95,235		550,144		-		645,379
	Additions	-		63,169		-		63,169
	Surplus on revaluation	-		-		-		-
	Impairment Losses	-		(155,248)		-		(155,248)
	At 31 December 2025	95,235		458,065		-		553,300

	Depreciation
	At 1 January 2025	95,235		500,726		-		595,961
	Charge for the year	-		32,164		-		32,164
	Surplus on revaluation	-		-		-		-
	Impairment Losses	-		(155,248)		-		(155,248)
	At 31 December 2025	95,235		377,642		-		472,877

	Net book value
	At 31 December 2025	-		80,423		-		80,423
	At 31 December 2024	-		49,418		-		49,418



5	Debtors					2025		2024
£							£

	Trade debtors					1,105,304		762,104
	Corporation tax repayable					290,467		493,003
	Other debtors					88,676		57,507
						1,484,447		1,312,614

	Amounts due after more than one year included above					-		-


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					47,040		66,324
	Other creditors					3,828,772		4,893,847
						3,875,812		4,960,171


7	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					743,536		833,016

23	Other information

	Isode Limited is a private company limited by shares and incorporated in England. Its registered office is:
	14 Castle Mews

	Hampton

	TW12 2NP