Docusign Envelope ID: 488B0AC8-BFB3-4CB4-B9D5-CDD7D99069D7
Charity Registration Number : 1187776
## **CODEBAR**
TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
Docusign Envelope ID: 488B0AC8-BFB3-4CB4-B9D5-CDD7D99069D7
## **CODEBAR**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
FOR THE YEAR ENDED 30 APRIL 2025
|**Trustees**|Kimberley Cook|
|---|---|
||Topaz Reid|
||Olu Malomo|
||Amit Sinha|
||Krisztina Matyi|
||Despo Pentara Gale|
||Duoyi Zhao|
|**Charity Number**|1187776|
|**Registered Ofce**|International House|
||101 King's Cross Road|
||LONDON|
||WC1X 9LP|
|**Independent Examiner**|Kevin Guweddeko|
||180 Borough High Street|
||London|
||SE1 1LB|
Docusign Envelope ID: 488B0AC8-BFB3-4CB4-B9D5-CDD7D99069D7
## **CODEBAR**
## **CONTENTS**
FOR THE YEAR ENDED 30 APRIL 2025
Trustees' Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
Docusign Envelope ID: 488B0AC8-BFB3-4CB4-B9D5-CDD7D99069D7
## **CODEBAR**
## **TRUSTEES' REPORT**
## FOR THE YEAR ENDED 30 APRIL 2025
The trustees present their annual report and financial statements for the year ended 30 April 2025 .
## **Trustees' report and financial statements**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 April 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
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Docusign Envelope ID: 488B0AC8-BFB3-4CB4-B9D5-CDD7D99069D7
## **Trustees’ Annual Report**
For the Year Ended 30 April 2025 Structure, Governance and Management
Charitable status was granted on 4th February 2020.
The charity is governed by a board of trustees. The power of appointing new or additional trustees is vested in the trustees.
Trustees who served during the year were:
Ms Kimberley Dawn Cook (appointed 4 February 2020)
Ms Krisztina Matyi (appointed 4 February 2020)
Ms Despo Pentara Gale (appointed 4 February 2020)
Ms Duoyi (Charlotte) Zhao (appointed 4 February 2020)
Mr Amit Sinha (appointed 1 December 2023)
Mr Olu Malomo (appointed 11 July 2024)
Ms Topaz Reid (appointed 18 February 2025)
## **Trustees removed during the year:**
Ms Kara Christine De Young De La Marck (removed May 2024)
None of the trustees has any beneficial interest in the charity. All trustees are also members of the company and guarantee to contribute £1 in the event of a winding up. Trustees are expected to identify and meet their own training needs and are responsible for the day-to-day management of the charity.
The trustees have assessed the major risks to which the charity is exposed and confirm that systems are in place to mitigate those risks.
## **Objectives and Activities**
Codebar exists to create safe, inclusive spaces for minority group members to learn to program for free. This is achieved through the delivery of free programming workshops and events. The ultimate aim is to enable members of the community to begin careers in the technology industry.
The trustees have had due regard to the public benefit guidance issued by the Charity Commission when setting objectives and planning activities.
## **Achievements and Performance**
## 1. **Delivery of 230 Free Workshops and Events**
Throughout the 2024/25 reporting year, Codebar delivered 230 free workshops and events across its active chapters. This included two of our flagship initiatives:
Codebar Festival – A hybrid, multi-day conference featuring in-depth technical workshops, career-focused talks, and wellbeing sessions. Now in its fifth year, the Festival continues to be a cornerstone of our community engagement.
Uncodebar – Our participant-led unconference, marking its 10th edition in London, with a second international event held in Barcelona. This milestone year highlighted the continued growth and global reach of our inclusive programming community.
## 2. **2,924 Total Attendances**
Feedback highlights: “Each time I would come out of a workshop feeling energised…” “To me, Codebar is a safe space to help people learn to code…”
## **3. Expansion of Team – 2 New Employees**
With support from the Access Foundation and HG Foundation, we hired:
A Community Manager
A Volunteer Coordinator
These hires reflect our growth and commitment to improving participant experiences.
## **4. 1,332 New Members Joined**
In 2024/25, Codebar welcomed 1,332 new members, including:
1,024 students looking to learn coding skills
308 coaches volunteering to teach and mentor
## **5. Launch of the Third Codebar Impact Report**
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Docusign Envelope ID: 488B0AC8-BFB3-4CB4-B9D5-CDD7D99069D7
We published our third Impact Report, highlighting the scale and reach of our work since 2013. � Read the report:https://impact-report.codebar.io
## **Traction to Date and Future Plans**
As of 2 June 2025, Codebar has provided access to free workshops and events for 19,672 minority group members. Our goal is to increase this number to 24,000 by December 2025.
## **Financial Review**
## **Income**
For the year ended 30 April 2025, total income was £167,621.23(2024: £104,459), including:
Donations and Gifts: £40,961.02
Grants (Charitable Activities): £104,000
Trading Income: £22,636.47
## **Expenditure**
Total expenditure for the year was £67,152.07 (2024: £116,805), including:
Festival delivery costs: £51,247.76
Other charitable and support costs: £15,904.31
## **Year-End Position**
Net income: £100,469.16
Total funds carried forward: £110,990.17
£17,322.70: Unrestricted General Funds
Cash at bank as of 30 April 2025: £109,586.70
Of the cash balance, £92,264 relates to restricted funds from the Access Foundation and HG Foundation, allocated exclusively to the costs of the two new hires.
## **Declaration**
Approved by the board of trustees and signed on its behalf by:
Krisztina Matyi Trustee Date: 21 August 2025 **Trustees** The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
Kimberley Cook Topaz Reid Olu Malomo Amit Sinha Krisztina Matyi Despo Pentara Gale Duoyi Zhao **Trustees' responsibilities statement**
The trustees, who are also the directors of Charity For Codebar for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.
In preparing these financial statements, the trustees are required to:
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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Docusign Envelope ID: 488B0AC8-BFB3-4CB4-B9D5-CDD7D99069D7
This report was approved by the trustee and signed on its behalf by: ---------------------------------------------------Krisztina Matyi Trustee Date : 21 August 2025
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Docusign Envelope ID: 488B0AC8-BFB3-4CB4-B9D5-CDD7D99069D7
## **CODEBAR**
## **INDEPENDENT EXAMINER'S REPORT**
## FOR THE YEAR ENDED 30 APRIL 2025
Independent Examiner’s Report to the Trustees of Codebar
I report to the Charity Trustees on my examination of the accounts of the charity for the year ended 30 April 2025 which consists of the statement of financial activities,balance sheet and the related notes
## **Responsibilities and basis of report**
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act')
I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent Examiner's Statement**
The charity’s gross income exceeded £25,000 and I am qualified to undertake the examination by being a qualified member of AAT
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
- I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Name: Kevin Guweddeko Date: 21 August 2025
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Docusign Envelope ID: 488B0AC8-BFB3-4CB4-B9D5-CDD7D99069D7
## **CODEBAR**
## **STATEMENT OF FINANCIAL ACTIVITIES**
FOR THE YEAR ENDED 30 APRIL 2025
|**Recommended categories**
**by activity**
**Notes**
**Income and endowments**
**from:**
Donations and legacies
2
Charitable activities
3
Other trading activities
4
**Total**
**Expenditure on:**
Raising funds
5
Charitable activities
6
**Total**
**Net income/(expenditure)**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted funds**
**£**
40,984.76
104,000.00
22,636.47
**167,621.23**
7,359.96
59,792.12
**67,152.07**
**100,469.16**
**100,469.16**
10,521.01
**110,990.17**|**Total Funds 2025**
**£**
40,984.76
104,000.00
22,636.47
**167,621.23**
7,359.96
59,792.12
**67,152.07**
**100,469.16**
**100,469.16**
10,521.01
**110,990.17**|**Total Funds 2024**
**£**
104,459.33
-
-|
|---|---|---|---|
||||**104,459.33**|
||||10,207.54
106,597.40|
||||**116,804.94**|
||||**(12,345.61)**|
||||**(12,345.61)**
(210,743.26)|
||||**(223,088.87)**|
Page 6 of 10
Docusign Envelope ID: 488B0AC8-BFB3-4CB4-B9D5-CDD7D99069D7
## **CODEBAR**
## **BALANCE SHEET**
FOR THE YEAR ENDED 30 APRIL 2025
|**ALANCE SHEET**
OR THE YEAR ENDED 30 APRIL 2025|||
|---|---|---|
|**Recommended categories by**
**activity**
**Notes**
**Unrestricted funds**
**£**
**Total**
Current assets
Debtors
8
6,569.77
Cash at bank and in hand
9
109,586.70
**Total current assets**
116,156.47
Creditors: amounts falling due
within one year
10
-
**Net current assets/(liabilities)**
116,156.47
**Total assets less current**
**liabilities**
116,156.47
Creditors: amounts falling due after
one year
11
5,166.30
**Total net assets or liabilities**
110,990.17
**Funds of the Charity**
Unrestricted funds
12
110,990.17
Restricted income funds
12
Endowment funds
12
**Total funds**
110,990.17|**Funds 2025**
**£**
**Total**
6,569.77
109,586.70
116,156.47
-
116,156.47
116,156.47
5,166.30
110,990.17
110,990.17
-
-
110,990.17|**Funds 2024**
**£**
13,750.00
10,521.01
24,271.01
600.00
23,671.01|
|||23,671.01|
|||-|
|||23,671.01|
|||10,521.01
-
-|
|||10,521.01|
For the year ended 30 April 2025 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 of its accounts for the year in question in accordance with section 476.
The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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.
The financial statements were approved by the trustees on 21 August 2025 and signed on its behalf by:
Krisztina Matyi Chair Date : 21 August 2025
Page 7 of 10
Docusign Envelope ID: 488B0AC8-BFB3-4CB4-B9D5-CDD7D99069D7
## **CODEBAR**
## **NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 30 APRIL 2025
## **1. Accounting Policies**
The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.
## **1.1 Basis of preparation**
These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.
These accounts have been prepared in accordance with “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
These accounts are presented in pounds sterling and rounded to the nearest pound.
## **1.2 Going concern**
The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.
## **2. Income from Donations and Legacies**
|**Analysis**
**Unrestricted funds**
**£**
Donation and gifts
40,961.02
Other
23.74
**40,984.76**
**3. Income from Charitable Activities**
**Analysis**
**Unrestricted funds**
**£**
Grants
104,000.00
**104,000.00**
**4. Income from Other Trading Activities**
**Analysis**
**Unrestricted funds**
**£**
Trading Income
22,636.47
**22,636.47**
**5. Expenditure on Raising Funds**
**Analysis**
Support Costs||**Total funds 2025**
**£**
40,961.02
23.74
**40,984.76**
**Total funds 2025**
**£**
104,000.00
**104,000.00**
**Total funds 2025**
**£**
22,636.47
**22,636.47**
**Total funds 2025**
**£**
7,359.96|**Total funds 2024**
**£**
104,459.33
-|
|---|---|---|---|
||||**104,459.33**|
||||**Total funds 2024**
**£**
-|
||||**-**|
||||**Total funds 2024**
**£**
-|
||||**-**|
||||**Total funds 2024**
**£**
10,207.54|
|||**7,359.96**
**10,207.54**||
Page 8 of 10
Docusign Envelope ID: 488B0AC8-BFB3-4CB4-B9D5-CDD7D99069D7
## **6. Expenditure on Charitable Activities**
|**Analysis**
**Total funds 2025**
**Total funds 2024**
**£**
**£**
Festival Costs
51,247.76
96,389.87
Support Costs
8,544.36
10,207.54
**59,792.12**
**106,597.40**
**7. Support Costs**
**Analysis**
**Total funds 2025**
**Total funds 2024**
**£**
**£**
Computer related costs
-
420.00
Marketing & Promotions
223.05
3,052.65
Printing, Postage & Stationery
227.20
1,808.54
Subscription
4,589.54
3,890.18
Bank Charges
209.21
30.02
Wages and salaries
5,060.23
-
Pensions (Employer)
106.07
-
Ofce Costs
915.50
1,273.28
Web Hosting
2,745.13
2,780.81
Meals, Travel & Accommodation
643.98
7,050.59
Staf Training and Welfare.
-
109.00
**Governance Costs**
Accountants fees
1,184.40
-
**15,904.31**
**20,415.07**
**8. Debtors: Amounts falling due within one year**
**Total funds 2025**
**Total funds 2024**
**£**
**£**
Trade debtors
6,569.77
13,750.00
**6,569.77**
**13,750.00**
**9. Cash at bank and in hand**
**Total funds 2025**
**Total funds 2024**
**£**
**£**
Cash at bank and in hand
109,586.70
10,521.01
**109,586.70**
**10,521.01**
**10. Creditors: Amounts falling due within one year**
**Total funds 2025**
**Total funds 2024**
**£**
**£**
Accruals and deferred income
-
600.00
**-**
**600.00**
**11. Creditors: Amounts falling due after one year**
**Total funds 2025**
**Total funds 2024**
**£**
**£**
Taxation and social security
5,166.30
-
**5,166.30**
**-**|**Total funds 2025**
**£**
51,247.76
8,544.36|**Total funds 2024**
**£**
96,389.87
10,207.54|
|---|---|---|
||**59,792.12**
**106,597.40**||
||**Total funds 2025**
**£**
-
223.05
227.20
4,589.54
209.21
5,060.23
106.07
915.50
2,745.13
643.98
-
1,184.40|**Total funds 2024**
**£**
420.00
3,052.65
1,808.54
3,890.18
30.02
-
-
1,273.28
2,780.81
7,050.59
109.00
-|
||**15,904.31**
**20,415.07**||
|||**Total funds 2024**
**£**
13,750.00|
|||**13,750.00**|
|||**Total funds 2024**
**£**
10,521.01|
|||**10,521.01**|
|||**Total funds 2024**
**£**
600.00|
|||**600.00**|
|||**Total funds 2024**
**£**
-|
|||**-**|
Page 9 of 10
Docusign Envelope ID: 488B0AC8-BFB3-4CB4-B9D5-CDD7D99069D7
## **12. Charity funds**
## **12.1 Details of material funds held and movements during the CURRENT reporting period**
|**Fund names**
**Fund**
**balances**
**brought**
**forward**
**Income**
**£**
**£**
**Unrestricted**
**funds**
**General Fund**
(25,495.61)
167,621.23
**Unrestricted**
**General Funds**
**36,016.62**
**-**
**Total**
**10,521.01**
**167,621.23**
**12.2 Details of material funds held and**
**period**
**Fund names**
**Fund balances**
**brought**
**forward**
**Income**
**£**
**£**
**Unrestricted**
**funds**
**General Fund**
(246,759.88)
104,459.33
**Unrestricted**
**General Funds**
**36,016.62**
**-**
**Total**
**(210,743.26)**
**104,459.33**
**12.3 Transfers between funds**
**This Year**
Between unrestricted and restricted funds
Between endowment and restricted funds
Between endowment and unrestricted funds
**Last Year**
Between unrestricted and restricted funds
Between endowment and restricted funds
Between endowment and unrestricted funds|**Fund**
**balances**
**brought**
**forward**
**Income**
**£**
**£**
(25,495.61)
167,621.23||**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
67,152.07
-
-
74,973.55|**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
67,152.07
-
-
74,973.55|**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
67,152.07
-
-
74,973.55|**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
67,152.07
-
-
74,973.55|**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
67,152.07
-
-
74,973.55|**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
67,152.07
-
-
74,973.55|
|---|---|---|---|---|---|---|---|---|
||**36,016.62**
**-**||**-**|**-**||**-**||**36,016.62**|
||**10,521.01**
**167,621.23**||**67,152.07**
**-**|||**-**||**110,990.17**|
||||**movements during the PREVIOUS reporting**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
(116,804.94)
-
-
(25,495.61)||||||
||**36,016.62**
**-**||**-**||**-**||**-**|**36,016.62**|
||**(210,743.26)**
**104,459.33**||**(116,804.94)**
**-**||||**-**|**10,521.01**|
|||||||||**Amount**
**£**
-
-
-
**Amount**
**£**
-
-
-|
Page 10 of 10