ACCOUNTS - Final Accounts preparation

Creditors: Amounts falling due within one year

CODA PLANNING LIMITED - Company Information

Caseware UK (AP4) 2021.0.152 2021.0.152 2021-09-302021-09-303falseNo description of principal activitytrue2020-08-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.4true 12149908 2020-08-01 2021-09-30 12149908 2019-08-01 2020-07-31 12149908 2021-09-30 12149908 2020-07-31 12149908 c:Director1 2020-08-01 2021-09-30 12149908 d:CurrentFinancialInstruments 2021-09-30 12149908 d:CurrentFinancialInstruments 2020-07-31 12149908 d:CurrentFinancialInstruments d:WithinOneYear 2021-09-30 12149908 d:CurrentFinancialInstruments d:WithinOneYear 2020-07-31 12149908 d:ShareCapital 2021-09-30 12149908 d:ShareCapital 2020-07-31 12149908 c:FRS102 2020-08-01 2021-09-30 12149908 c:AuditExempt-NoAccountantsReport 2020-08-01 2021-09-30 12149908 c:FullAccounts 2020-08-01 2021-09-30 12149908 c:PrivateLimitedCompanyLtd 2020-08-01 2021-09-30 iso4217:GBP xbrli:pure

Registered number: 12149908

CODA PLANNING LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 SEPTEMBER 2021

CODA PLANNING LIMITED

REGISTERED NUMBER: 12149908

BALANCE SHEET

AS AT 30 SEPTEMBER 2021

	30 September	31 July
	2021	2020
Note	£	£


Current assets
Debtors: amounts falling due within one year	4	35,585		50,447
Cash at bank and in hand		3,230		6,663
		38,815		57,110
Creditors: amounts falling due within one year	5	(38,715)		(57,010)
Net current assets			100		100
Total assets less current liabilities			100		100

Net assets			100		100

Capital and reserves
Called up share capital	100	100
	100	100

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CODA PLANNING LIMITED

REGISTERED NUMBER: 12149908

BALANCE SHEET (CONTINUED)

AS AT 30 SEPTEMBER 2021

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 June 2022.

M Bowker

Director

The notes on pages 3 to 5 form part of these financial statements.

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CODA PLANNING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 SEPTEMBER 2021

1.	General information

Coda Planning Limited is a private Company limited by shares, incorporated in England and Wales (registered number: 12149908). Its registered office is 70-71 Cornish Place, Cornish Street, Sheffield, S6 3AF. The principal activity of the Company throughout the period continued to be that of town planning.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The Company's functional and presentation currency is pounds sterling.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

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CODA PLANNING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 SEPTEMBER 2021

2.Accounting policies (continued)

2.3

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle onma net basis or to realise the asset and settle the liability simultaneously.

2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in the Statement of Income and Retained Earnings when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

2.5

Taxation

Tax is recognised in the Statement of Income and Retained Earnings.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date in the countries where the Company operates and generates income.

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CODA PLANNING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 SEPTEMBER 2021

Employees

The average monthly number of employees, including directors, during the period was 3 (2020 - 4).

Debtors

					30 September	31 July
					2021	2020
					£	£


Trade debtors	13,788	14,580
Other debtors	21,797	35,867
	35,585	50,447

Trade creditors	852	24,305
Amounts owed to group undertakings	12,701	15,335
Corporation tax	13,975	11,744
Other taxation and social security	10,312	4,751
Accruals and deferred income	875	875
	38,715	57,010

6.	Pension commitments

The Company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £271 (2020 - £1,589). Contributions totalling £nil (2020 - £nil) were payable to the fund at the Balance Sheet date and are included in creditors.

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