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REGISTERED NUMBER: 10565791 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

COSMIC TECH LTD

COSMIC TECH LTD (REGISTERED NUMBER: 10565791)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 January 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


COSMIC TECH LTD

Company Information
FOR THE YEAR ENDED 31 January 2024







DIRECTOR: Mr C L Muscalu





REGISTERED OFFICE: 7 Celandine Drive
London
SE28 8EP





REGISTERED NUMBER: 10565791 (England and Wales)





ACCOUNTANTS: JSA Services Limited
4th Floor
Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP

COSMIC TECH LTD (REGISTERED NUMBER: 10565791)

Abridged Balance Sheet
31 January 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 8,017 10,690

CURRENT ASSETS
Debtors 175 132
Cash at bank 246 2,244
421 2,376
CREDITORS
Amounts falling due within one year (1,328 ) (570 )
NET CURRENT (LIABILITIES)/ASSETS (907 ) 1,806
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,110

12,496

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 7,010 12,396
SHAREHOLDERS' FUNDS 7,110 12,496

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

COSMIC TECH LTD (REGISTERED NUMBER: 10565791)

Abridged Balance Sheet - continued
31 January 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 January 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 30 September 2024 and were signed by:





Mr C L Muscalu - Director


COSMIC TECH LTD (REGISTERED NUMBER: 10565791)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 January 2024


1. STATUTORY INFORMATION

Cosmic Tech Ltd 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2023 32,329
Disposals (6,990 )
At 31 January 2024 25,339
DEPRECIATION
At 1 February 2023 21,639
Charge for year 2,673
Eliminated on disposal (6,990 )
At 31 January 2024 17,322
NET BOOK VALUE
At 31 January 2024 8,017
At 31 January 2023 10,690

COSMIC TECH LTD (REGISTERED NUMBER: 10565791)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 January 2024


6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
10 Ordinary £1 100 100

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2024 and 31 January 2023:

2024 2023
£    £   
Mr C L Muscalu
Balance outstanding at start of year (78 ) (52 )
Amounts advanced 787 286
Amounts repaid (1,545 ) (312 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (836 ) (78 )

Mrs P Muscalu
Balance outstanding at start of year - (30 )
Amounts advanced - 2,034
Amounts repaid - (2,004 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr C L Muscalu.