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REGISTERED NUMBER: 09101894 (England and Wales)













COGITO TALENT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023






COGITO TALENT LIMITED (REGISTERED NUMBER: 09101894)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


COGITO TALENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: Mr M Drew
Mr H R Jenkins
Mr M Lightburn





REGISTERED OFFICE: 53 Queen Charlotte Street
Bristol
BS1 4HQ





REGISTERED NUMBER: 09101894 (England and Wales)





ACCOUNTANTS: Carston Chartered Accountants
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

COGITO TALENT LIMITED (REGISTERED NUMBER: 09101894)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2023

2023 2022
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 6,060 7,839

CURRENT ASSETS
Debtors 5 135,715 161,495
Cash at bank 120,825 260,629
256,540 422,124
CREDITORS
Amounts falling due within one year 6 137,339 204,249
NET CURRENT ASSETS 119,201 217,875
TOTAL ASSETS LESS CURRENT LIABILITIES 125,261 225,714

CAPITAL AND RESERVES
Called up share capital 100 100
Capital redemption reserve 20 20
Retained earnings 125,141 225,594
SHAREHOLDERS' FUNDS 125,261 225,714

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

COGITO TALENT LIMITED (REGISTERED NUMBER: 09101894)

STATEMENT OF FINANCIAL POSITION - continued
30 JUNE 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 November 2023 and were signed on its behalf by:





Mr M Drew - Director


COGITO TALENT LIMITED (REGISTERED NUMBER: 09101894)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

Cogito Talent Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% straight line on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2022 - 24 ) .

COGITO TALENT LIMITED (REGISTERED NUMBER: 09101894)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


4. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1 July 2022 20,332
Additions 2,327
At 30 June 2023 22,659
DEPRECIATION
At 1 July 2022 12,493
Charge for year 4,106
At 30 June 2023 16,599
NET BOOK VALUE
At 30 June 2023 6,060
At 30 June 2022 7,839

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£ £
Trade debtors 84,753 131,135
Other debtors 50,962 30,360
135,715 161,495

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£ £
Trade creditors 57,816 25,158
Taxation and social security 77,061 159,319
Other creditors 2,462 19,772
137,339 204,249