Company Registration No. 07247688 (England and Wales)
Cogent Health Solutions Limited
Unaudited accounts
for the year ended 31 May 2023
Cogent Health Solutions Limited
Unaudited accounts
Contents
Cogent Health Solutions Limited
Company Information
for the year ended 31 May 2023
Directors
Mr C Gentle
Ms D Denham
Company Number
07247688 (England and Wales)
Registered Office
119 Embleton Road
Lewisham
London
SE13 7DQ
England
Accountants
JS Accountancy Services
Measham Business Centre
56 High Street/Queens Street
Measham
Derbyshire
DE12 7HZ
Cogent Health Solutions Limited
Statement of financial position
as at 31 May 2023
Investment property
380,000
380,000
Cash at bank and in hand
253,157
263,265
Creditors: amounts falling due within one year
(34,844)
(53,548)
Net current assets
218,313
209,717
Net assets
598,313
590,138
Called up share capital
150
150
Profit and loss account
598,163
589,988
Shareholders' funds
598,313
590,138
For the year ending 31 May 2023 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.
The financial statements were approved by the Board of Directors and authorised for issue on 6 February 2024 and were signed on its behalf by
Ms D Denham
Director
Company Registration No. 07247688
Cogent Health Solutions Limited
Notes to the Accounts
for the year ended 31 May 2023
Cogent Health Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 07247688. The registered office is 119 Embleton Road, Lewisham, London, SE13 7DQ, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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:
Computer equipment
33% on cost
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.
Cogent Health Solutions Limited
Notes to the Accounts
for the year ended 31 May 2023
4
Tangible fixed assets
Computer equipment
Fair value at 1 June 2022
380,000
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,067
1,296
Proposed dividends
-
10,000
Other creditors
15,000
25,000
Loans from directors
17,115
16,752
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).