24 February 2017 false No description of principal activity Taxfiler 2018.14.Web 10637541business:PrivateLimitedCompanyLtd2017-02-242018-02-28 106375412017-02-23 106375412017-02-242018-02-28 10637541business:AuditExemptWithAccountantsReport2017-02-242018-02-28 10637541business:FullAccounts2017-02-242018-02-28 106375412018-02-28 10637541business:Director12017-02-242018-02-28 10637541business:Director22017-02-242018-02-28 10637541business:RegisteredOffice2017-02-242018-02-28 10637541core:WithinOneYear2018-02-28 10637541core:ShareCapital2018-02-28 10637541core:RetainedEarningsAccumulatedLosses2018-02-28 10637541business:SmallEntities2017-02-242018-02-28 10637541countries:EnglandWales2017-02-242018-02-28 10637541core:PlantMachinery2017-02-242018-02-28 10637541core:MotorVehicles2017-02-242018-02-28 10637541core:ComputerEquipment2017-02-242018-02-28 10637541core:PlantMachinery2017-02-23 10637541core:MotorVehicles2017-02-23 10637541core:ComputerEquipment2017-02-23 10637541core:PlantMachinery2018-02-28 10637541core:MotorVehicles2018-02-28 10637541core:ComputerEquipment2018-02-28 iso4217:GBP xbrli:pure
Company Registration No. 10637541 (England and Wales)
Cognitive Construction Limited Unaudited accounts for the period from 24 February 2017 to 28 February 2018
Cognitive Construction Limited Unaudited accounts Contents
Page
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Cognitive Construction Limited Company Information for the period from 24 February 2017 to 28 February 2018
Directors
Peter Douglas Jade Sullivan
Company Number
10637541 (England and Wales)
Registered Office
Moreton House 31 High Street Buckingham Buckinghamshire MK18 1NU
Accountants
Anthistle Craven Moreton House 31 High Street Buckingham Bucks MK18 1NU
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Cognitive Construction Limited Statement of financial position as at 28 February 2018
2018 
Notes
£ 
Fixed assets
Tangible assets
15,174 
Current assets
Inventories
500 
Cash at bank and in hand
38,530 
39,030 
Creditors: amounts falling due within one year
(34,498)
Net current assets
4,532 
Total assets less current liabilities
19,706 
Provisions for liabilities
Deferred tax
(2,883)
Net assets
16,823 
Capital and reserves
Called up share capital
100 
Profit and loss account
16,723 
Shareholders' funds
16,823 
For the period ending 28 February 2018 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.
Approved by the Board on 8 November 2018.
Peter Douglas Director Company Registration No. 10637541
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Cognitive Construction Limited Notes to the Accounts for the period from 24 February 2017 to 28 February 2018
1
Statutory information
Cognitive Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 10637541. The registered office is Moreton House , 31 High Street, Buckingham, Buckinghamshire, MK18 1NU. The principal place of business is Whitegates, Whaddon Road, Buckingham, Buckinghamshire, MK17 0PL, England.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% Reducing Balance
Motor vehicles
20% Reducing Balance
Computer equipment
25% Reducing Balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Cognitive Construction Limited Notes to the Accounts for the period from 24 February 2017 to 28 February 2018
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 24 February 2017
- 
- 
- 
- 
Additions
5,951 
13,148 
257 
19,356 
At 28 February 2018
5,951 
13,148 
257 
19,356 
Depreciation
Charge for the period
1,488 
2,630 
64 
4,182 
At 28 February 2018
1,488 
2,630 
64 
4,182 
Net book value
At 28 February 2018
4,463 
10,518 
193 
15,174 
5
Inventories
2018 
£ 
Finished goods
500 
500 
6
Creditors: amounts falling due within one year
2018 
£ 
Obligations under finance leases and hire purchase contracts
5,456 
Taxes and social security
28,103 
Loans from directors
89 
Accruals
850 
34,498 
7
Average number of employees
During the period the average number of employees was 5.
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