Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 11750235 Mr Richard Johnston MARCH MUTUAL SECRETARIAL SERVICES LTD iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11750235 2023-12-31 11750235 2024-12-31 11750235 2024-01-01 2024-12-31 11750235 frs-core:CurrentFinancialInstruments 2024-12-31 11750235 frs-core:ComputerEquipment 2024-12-31 11750235 frs-core:ComputerEquipment 2024-01-01 2024-12-31 11750235 frs-core:ComputerEquipment 2023-12-31 11750235 frs-core:ShareCapital 2024-12-31 11750235 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 11750235 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11750235 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 11750235 frs-bus:SmallEntities 2024-01-01 2024-12-31 11750235 frs-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 11750235 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11750235 frs-bus:Director1 2024-01-01 2024-12-31 11750235 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 11750235 frs-countries:EnglandWales 2024-01-01 2024-12-31 11750235 2022-12-31 11750235 2023-12-31 11750235 2023-01-01 2023-12-31 11750235 frs-core:CurrentFinancialInstruments 2023-12-31 11750235 frs-core:ShareCapital 2023-12-31 11750235 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 11750235
Cognitionfuse Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
March Mutual Ltd
F25 Waterfront Studios
1 Dock Road
London
E16 1AH
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountants' Report
Report to the director on the preparation of the unaudited statutory accounts of Cognitionfuse Ltd For The Year Ended 31 December 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Cognitionfuse Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of Cognitionfuse Ltd , as a body, in accordance with the terms of our engagement letter dated 28 May 2019. Our work has been undertaken solely to prepare for your approval the accounts of Cognitionfuse Ltd and state those matters that we have agreed to state to the director of Cognitionfuse Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cognitionfuse Ltd and its director as a body for our work or for this report.
It is your duty to ensure that Cognitionfuse Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Cognitionfuse Ltd . You consider that Cognitionfuse Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Cognitionfuse Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
14 February 2025
March Mutual Ltd
F25 Waterfront Studios
1 Dock Road
London
E16 1AH
Page 1
Page 2
Balance Sheet
Registered number: 11750235
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Cash at bank and in hand 50,465 51,964
50,465 51,964
Creditors: Amounts Falling Due Within One Year 4 (1,723 ) (2,073 )
NET CURRENT ASSETS (LIABILITIES) 48,742 49,891
TOTAL ASSETS LESS CURRENT LIABILITIES 48,742 49,891
NET ASSETS 48,742 49,891
CAPITAL AND RESERVES
Called up share capital 5 2 2
Profit and Loss Account 48,740 49,889
SHAREHOLDERS' FUNDS 48,742 49,891
Page 2
Page 3
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Richard Johnston
Director
14 February 2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
1.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 33% Straight Line
1.3. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
2. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: 1)
- 1
3. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 2,048
As at 31 December 2024 2,048
Depreciation
As at 1 January 2024 2,048
As at 31 December 2024 2,048
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
Page 4
Page 5
4. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 360 450
Director's loan account 1,363 1,623
1,723 2,073
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 5