Company Registration No. 12518185 (England and Wales)
Kode Developments Limited
Unaudited accounts
for the year ended 31 March 2022
Kode Developments Limited
Unaudited accounts
Contents
Kode Developments Limited
Company Information
for the year ended 31 March 2022
Directors
Samuel Benson
Tony May
Company Number
12518185 (England and Wales)
Registered Office
Upper Floor Flat
124 Foxberry Road
London
SE4 2SH
Kode Developments Limited
Statement of financial position
as at
31 March 2022
Tangible assets
4,254
3,736
Cash at bank and in hand
42,052
31,110
Creditors: amounts falling due within one year
(19,303)
(20,544)
Net current assets
61,533
21,069
Total assets less current liabilities
65,787
24,805
Provisions for liabilities
Called up share capital
200
100
Profit and loss account
64,779
23,995
Shareholders' funds
64,979
24,095
For the year ending 31 March 2022 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 December 2022 and were signed on its behalf by
Samuel Benson
Director
Company Registration No. 12518185
Kode Developments Limited
Notes to the Accounts
for the year ended 31 March 2022
Kode Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 12518185. The registered office is Upper Floor Flat, 124 Foxberry Road, London, SE4 2SH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
Charge for the year
1,152
Kode Developments Limited
Notes to the Accounts
for the year ended 31 March 2022
Amounts falling due within one year
Trade debtors
37,452
10,218
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
26,745
19,198
Loans from directors
(17,172)
(8,476)
7
Deferred taxation
2022
2021
Accelerated capital allowances
808
710
Provision at start of year
710
-
Charged to the profit and loss account
98
710
Provision at end of year
808
710
8
Share capital
2022
2021
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
100 Ordinary B shares of £1 each
100
-
Shares issued during the period:
100 Ordinary B shares of £1 each
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Interest Free Advances
9,038
14,558
9,038
14,558
Interest Free Advances
-
2,614
-
2,614
9,038
17,172
9,038
17,172
During the year, the company made interest-free advances to directors amounting to £17,172 These amounts will be repaid before 31st December 2022.
Kode Developments Limited
Notes to the Accounts
for the year ended 31 March 2022
10
Average number of employees
During the year the average number of employees was 1 (2021: 1).