secure php/mysql based application on localhost

I have an application based in php and mysql which is to be hosted on localhost at their organisation for some of my clients and on a web server for others. My concern is how can i protect and secure my code on localhost? i simply do not want any person with even a little programming knowledge to be able to look at my application code. The fact that the code will be on localhost in the www/public_html folder on one of the organisation’s machines acting as a local server is what is driving me paranoid about my code being stolen.

Can anyone suggest some techniques to achieve this? Password protection? or other best practices?

And i would request the community members not to immediately close this question deeming it to be ambiguous or out of context. I badly need some expert suggestions on this.

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