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REGISTERED NUMBER: 13846642 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Century Cobalt Limited

Century Cobalt Limited (Registered number: 13846642)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Income Statement 2

Other Comprehensive Income 3

Balance Sheet 4

Statement of Changes in Equity 6

Notes to the Financial Statements 7


Century Cobalt Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: A G B Stanbury





SECRETARY:





REGISTERED OFFICE: Second Floor
18 Savile Row
London
W1S 3PW





REGISTERED NUMBER: 13846642 (England and Wales)





ACCOUNTANTS: JG Accounting & Tax Services Ltd
Gravelye Farmhouse
Hanlye Lane
Cuckfield
West Sussex
RH17 5HR

Century Cobalt Limited (Registered number: 13846642)

Income Statement
for the Year Ended 31 January 2024

Period
13.1.22
Year Ended to
31.1.24 31.1.23
£    £   

TURNOVER - -

Administrative expenses 280,516 119,359
(280,516 ) (119,359 )

Other operating income 458,550 148,439
Gain/loss on revaluation of assets - (230,440 )
OPERATING PROFIT/(LOSS) and
PROFIT/(LOSS) BEFORE TAXATION 178,034 (201,360 )

Tax on profit/(loss) - -
PROFIT/(LOSS) FOR THE
FINANCIAL YEAR

178,034

(201,360

)

Century Cobalt Limited (Registered number: 13846642)

Other Comprehensive Income
for the Year Ended 31 January 2024

Period
13.1.22
Year Ended to
31.1.24 31.1.23
Notes £    £   

PROFIT/(LOSS) FOR THE YEAR 178,034 (201,360 )


OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR

178,034

(201,360

)

Century Cobalt Limited (Registered number: 13846642)

Balance Sheet
31 January 2024

31.1.24 31.1.23 13.1.22
Notes £    £    £   
CURRENT ASSETS
Debtors 3 599,324 124,581 -
Cash at bank 636 10,298 -
599,960 134,879 -
CREDITORS
Amounts falling due within one year 4 (148,281 ) (336,234 ) -
NET CURRENT ASSETS/(LIABILITIES) 451,679 (201,355 ) -
TOTAL ASSETS LESS CURRENT
LIABILITIES

451,679

(201,355

)

-

CREDITORS
Amounts falling due after more than
one year

5

(475,000

)

-

-
NET LIABILITIES (23,321 ) (201,355 ) -

CAPITAL AND RESERVES
Called up share capital 5 5 -
Retained earnings (23,326 ) (201,360 ) -
(23,321 ) (201,355 ) -

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.

Century Cobalt Limited (Registered number: 13846642)

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.

The financial statements were approved by the director and authorised for issue on 12 March 2025 and were signed by:





A G B Stanbury - Director


Century Cobalt Limited (Registered number: 13846642)

Statement of Changes in Equity
for the Year Ended 31 January 2024

Called up
share Retained Total
capital earnings equity
£    £    £   

Changes in equity
Issue of share capital 5 - 5
Total comprehensive income - (201,360 ) (201,360 )
Balance at 31 January 2023 5 (201,360 ) (201,355 )

Changes in equity
Total comprehensive income - 178,034 178,034
Balance at 31 January 2024 5 (23,326 ) (23,321 )

Century Cobalt Limited (Registered number: 13846642)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Century Cobalt 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.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.1.24 31.1.23
£    £   
Amounts owed by group undertakings 143,992 124,581
Other debtors 455,332 -
599,324 124,581

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other creditors 148,281 336,234

Century Cobalt Limited (Registered number: 13846642)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.1.24 31.1.23
£    £   
Other creditors 475,000 -

6. RELATED PARTY DISCLOSURES

AS at 31 January 2023, amounts due from the parent undertaking, Century Cobalt Corp was £143,992 (2023: £124,581) . The amounts due from the parent company undertaking are due on demand

7. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Century Cobalt Corp

8. EQUITY METHOD INVESTMENT

On 14 September 2021, CCOB signed a share purchase agreement to sell the assets of Emperium 1 Holdings Corp ("Emperium") a wholly owned susidiary of CCOB, to Technology Minerals PLC ("TM PLC"), a related party. TM PLC became a UK public company during November 2021. During November 2021, CCOB was issued 470,000,00 unregistered shares (£0.001par value) of TM PLC common stock for the Company's Emperium assets. on 30 November 2022, the CCOB ownership interest in TM PLC was 38.8%. CCOB accounted for its investment in TM PLC is a related party, the Company valued the investment at cost of £230,439. The equity investment in TM PLC was moved to CCL on 13 January 2022


During the year ended 31 January 2024, the Company sold 74,000,000 shares of the TM PLC investment. The proceeds were £458,550.

At 31 January 2024, the Company owned 389,625,000 ordinary shares of TM PLC