After the Leaky Cauldron hub area is unlocked, enter Wiseacres Wizarding Supplies in Diagon Alley before starting actual game play. Go upstairs and talk to the vendor, then enter one of the following passwords to activate the corresponding cheat:

Spells

CHEAT FUNCTION - CHEAT CODE
Accio - VE9VV7
Engorgio Skullus - CD4JLX
Stupefy - UWDJ4Y
Trip Jinx - YZNRF6
Flipendo - ND2L7W
Incarcerous - YEB9Q9
Glacius - ERA9DR
Herbifors - H8FTHL
Anteoculatia - QFB6NR
Calvorio - 6DNR6L
Colovaria - 9GJ442
Redactum Skullus - UW8LRH
Locomotor Mortis - 2M2XJ6
Tarentallegra - KWWQ44
Entomorphis - MYN3NB
Rictusempra - 2UCA3M
Multicorfors - JK6QRM
Slugulus Eructo - U6EE8X

Bricks

CHEAT FUNCTION - CHEAT CODE
Gold Brick 1 - QE4VC7
Gold Brick 2 - FY8H97
Gold Brick 3 - 3MQT4P
Gold Brick 4 - PQPM7Z
Gold Brick 5 - ZY2CPA
Gold Brick 6 - 3GMTP6
Gold Brick 7 - XY6VYZ
Gold Brick 8 - TUNC4W
Gold Brick 9 - EJ42Q6
Gold Brick 10 - GFJCV9
Gold Brick 11 - DZCY6G

Cheats
CHEAT FUNCTION - CHEAT CODE
Silhouttes - HZBVX7
Ice Rink - F88VUW
Disguise - 4DMK2R
Carrot Wands - AUC8EH
Singing Mandrake - BMEU6X
Character Token Detector - HA79V8
Fall Rescue - ZEX7MV
Character Studs - H27KGC
Score x2 - 74YKR7
Score x4 - J3WHNK
Score x6 - XK9ANE
Score x8 - HUFV2H
Score x10 - H8X69Y
Stud Magnet - 67FKWZ
Regenerate Hearts - 89ML2W
Extra Hearts - J9U6Z9
Invincibility - QQWC6B
Red Brick Detector - 7AD7HE
Hogwarts Crest Detector - TTMC6D
Gold Brick Detector - 84QNQN
Christmas - T7PVVN
Fast Magic - FA3GQA
Fast Dig - Z9BFAD

To destroy objects with red sparkles around them, use Dark Magic. To use dark magic, you need to use the Polyjuice Potion or use an evil character in Freeplay mode. An evil characters' Wingardium Leviosa spell is changed to the Crucio Curse and can destroy the red sparkling objects.

If you bought and used the "Christmas" extra, the room you use it in will keep playing the same music for the rest of the game. Similar to the red-haired Ron cheat, it will not revert back to its regular music.

Complete the first two levels and enter the wizard town through the Leaky Cauldron. Enter the last shop on the left (before the bank) and buy the "Multicorfors" spell. Cast it on Ron Weasley. Although he shakes his head as if the spell has worn off, his hair will remain red.

First, turn on the "Ghost Stud" extra option. When Nearly Headless Nick is floating and not moving, stand underneath to continuously receive Ghost Studs.

If you get stuck in the Dragon room due to a glitch, resolve it with the following work-around:  Play as Hermione and choose her cat on the spell wheel, then head over to the far left corner. Jumping into this corner will kill your character. However, while jumping into the corner, rapidly tap the "release pet" button. It may take several attempts but the pet will appear in the lesson room above. From here, the player can leave the lesson room and continue the game.

There is a "dungeon" in Flitwick's Wingardium Leviosa room, under a trap door with a largeshiny lock (You need Reducto to open it, which you don't access until year 4). When you jump in, you can get some loot (bring a Dark Magic user) -- but then you are seemingly trapped. Using Hermione, make your active spell Crookshanks. Then, go to the left top corner and jump out of the window while tapping the spell button. When it works, Crookshanks will appear in the classroom and you can walk out of the room. It takes a couple tries and you will probably kill Hermione several times, but it will work.

Go to the room were you make the old man potion in year four, then go through the door to the right. In the room there is a gate with three locks on it, as well as the three keys. To get the keys, you will need Hermione, Griphook, and a Hufflepuff student (you can also use Dumbledore). To get the first key, go near the door where there's a picture with a man in it and wave to the picture with the Hufflepuff student or Dumbledore. Obtain the second key by making Griphook turn the key on the giant snake statue, which will move and drop the key out of its mouth. To get the third key, you need Hermione to copy the pattern on the bookshelf. Once you have put the keys into the gate, it will open and show some Lego bricks. Move the bricks to make stairs (going to the left). Once done, go up and walk to the far left to find an open chest with Professor Snapes character token.

Find, post and buy the "Collect Ghost Studs" extra. The parcel was either in Harry's bedroom or on the courtyard fountain (You must have learned the Leviosa spell first). Once activated, the Ghost Studs are worth 1,000 each. "Get lost" the ghost will return to you and lay more studs -- it's easy money. A full trip from the Dorm to the Great Hall is worth about 100,000.

Find, post, and buy the "Collect Ghost Studs" extra. The parcel was either in Harry's bedroom or on the courtyard fountain (You must have learned the Leviosa spell first). Once activated, the Ghost Studs are worth 1,000 each. "Get lost" the ghost will return to you and lay more studs, resulting in easy money. A full trip from the Dorm to the Great Hall is worth about 100,000.