Cognition Business Consulting Limited Filleted Accounts Cover
Cognition Business Consulting Limited
Company No. 07133326
Information for Filing with The Registrar
30 June 2024
Cognition Business Consulting Limited Directors Report Registrar
The Director presents his report and the accounts for the year ended 30 June 2024.
Principal activities
The principal activity of the company during the year under review was business management consultancy.
Director
The Director who served at any time during the year was as follows:
E.J. Betterton
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
E.J. Betterton
Director
06 March 2025
Cognition Business Consulting Limited Balance Sheet Registrar
at
30 June 2024
Company No.
07133326
Notes
2024
2023
£
£
Fixed assets
Tangible assets
4
2,1501,107
2,1501,107
Current assets
Debtors
5
11,52012,600
Cash at bank and in hand
330,552267,928
342,072280,528
Creditors: Amount falling due within one year
6
(53,523)
(42,754)
Net current assets
288,549237,774
Total assets less current liabilities
290,699238,881
Provisions for liabilities
Deferred taxation
(409)
(210)
Net assets
290,290238,671
Capital and reserves
Called up share capital
44
Profit and loss account
8
290,286238,667
Total equity
290,290238,671
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 30 June 2024 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 06 March 2025 and signed on its behalf by:
E.J. Betterton
Director
06 March 2025
Cognition Business Consulting Limited Notes to the Accounts Registrar
for the year ended 30 June 2024
1
General information
Cognition Business Consulting Limited is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 07133326
Its registered office is:
Its trading address is:
27 Toulouse Drive
27 Toulouse Drive
Norton
Brockhill Village
Worcester
Norton
Worcestershire
Worcester
WR5 2SA
WR5 2SA
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer rebates and other similar allowances.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Furniture, fittings and equipment
25% Straight line
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years 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.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Provisions
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.
3
Employees
2024
2023
Number
Number
The average monthly number of employees (including directors) during the year was:
11
4
Tangible fixed assets
Fixtures, fittings and equipment
Total
£
£
Cost or revaluation
At 1 July 2023
7,6287,628
Additions
1,7991,799
At 30 June 2024
9,4279,427
Depreciation
At 1 July 2023
6,5216,521
Charge for the year
756756
At 30 June 2024
7,2777,277
Net book values
At 30 June 2024
2,1502,150
At 30 June 2023
1,107
1,107
5
Debtors
2024
2023
£
£
Trade debtors
11,52012,600
11,52012,600
6
Creditors:
amounts falling due within one year
2024
2023
£
£
Taxes and social security
39,647
25,759
Loans from directors
13,26715,741
Other creditors
-645
Accruals and deferred income
609609
53,52342,754
7
Share Capital
The issued share capital comprises 2 Ordinary Shares of £1 each fully paid, 1 Ordinary "A" Share of £1 each fully paid, and 1 Ordinary "B" Share of £1 each fully paid .
8
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
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