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REGISTERED NUMBER: 09101894 (England and Wales)













COGITO TALENT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024






COGITO TALENT LIMITED (REGISTERED NUMBER: 09101894)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


COGITO TALENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







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 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 3,093 6,060

CURRENT ASSETS
Debtors 5 191,590 135,715
Cash at bank 82,423 120,825
274,013 256,540
CREDITORS
Amounts falling due within one year 6 203,495 137,339
NET CURRENT ASSETS 70,518 119,201
TOTAL ASSETS LESS CURRENT LIABILITIES 73,611 125,261

CAPITAL AND RESERVES
Called up share capital 107 100
Share premium 15,991 -
Capital redemption reserve 22 20
Retained earnings 57,491 125,141
SHAREHOLDERS' FUNDS 73,611 125,261

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 October 2024 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 2024


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 24 (2023 - 27 ) .

COGITO TALENT LIMITED (REGISTERED NUMBER: 09101894)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


4. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1 July 2023 22,659
Additions 643
At 30 June 2024 23,302
DEPRECIATION
At 1 July 2023 16,599
Charge for year 3,610
At 30 June 2024 20,209
NET BOOK VALUE
At 30 June 2024 3,093
At 30 June 2023 6,060

5. DEBTORS
2024 2023
£ £
Amounts falling due within one year:
Trade debtors 141,666 84,753
Other debtors 37,924 50,962
179,590 135,715

Amounts falling due after more than one year:
Other debtors 12,000 -

Aggregate amounts 191,590 135,715

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 69,999 57,816
Taxation and social security 84,190 77,061
Other creditors 49,306 2,462
203,495 137,339