Company Registration No. 12518185 (England and Wales)
Kode Developments Limited
Unaudited accounts
for the year ended 31 March 2023
Kode Developments Limited
Unaudited accounts
Contents
Kode Developments Limited
Company Information
for the year ended 31 March 2023
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 2023
Tangible assets
2,754
4,254
Cash at bank and in hand
69,324
42,052
Creditors: amounts falling due within one year
(5,408)
(19,303)
Net current assets
88,612
61,533
Total assets less current liabilities
91,366
65,787
Provisions for liabilities
Called up share capital
200
200
Profit and loss account
90,643
64,779
Shareholders' funds
90,843
64,979
For the year ending 31 March 2023 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 13 July 2023 and were signed on its behalf by
Tony May
Director
Company Registration No. 12518185
Kode Developments Limited
Notes to the Accounts
for the year ended 31 March 2023
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
Amounts falling due within one year
Trade debtors
23,648
37,452
Kode Developments Limited
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
18,521
26,745
Loans from directors
(16,249)
(17,172)
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
100 Ordinary B shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Interest Free Advances
14,558
14,699
14,558
14,699
Interest Free Advances
2,614
1,550
2,614
1,550
17,172
16,249
17,172
16,249
During the year, the company made interest-free advances to directors amounting to £16,249 These amounts will be repaid before 31st December 2023.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).