REGISTERED NUMBER: 10611721 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

COGS+ Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

L Morgan

REGISTERED OFFICE:

26 Dorset Gardens

Rochford

Essex

SS4 3AH

REGISTERED NUMBER:

10611721 (England and Wales)

ACCOUNTANTS:

HCL Accountancy Limited

26 Dorset Gardens

Rochford

Essex

SS4 3AH

CURRENT ASSETS

Debtors

4

6,655

13,225

Cash at bank

2,316

2,968

8,971

16,193

CREDITORS

Amounts falling due within one year

5

13,301

35,226

NET CURRENT LIABILITIES

(4,330

)

(19,033

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(4,330

)

(19,033

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(4,430

)

(19,133

)

SHAREHOLDERS' FUNDS

(4,330

)

(19,033

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2025 and were signed by:

L Morgan - Director

1.	STATUTORY INFORMATION

COGS+ 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.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 2 (2023 - 7 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Amounts owed by group undertakings

4,814

11,150

Other debtors

1,841

2,075

6,655

13,225

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

278

-

Taxation and social security

11,212

14,662

Other creditors

1,811

20,564

13,301

35,226

6.	RELATED PARTY DISCLOSURES

7.	ULTIMATE CONTROLLING PARTY

The controlling party is L Morgan.

8.	PARENT COMPANY

The immediate and ultimate parent company is Studio 200 Group Limited, a company incorporated in England and Wales.

9.	GOING CONCERN

As at the balance sheet date the company had a net deficiency of assets of £4,330 after a profit before taxation of £14,974 for the year. The continuation of the Company's activities is dependent on the support of its director and group. The financial statements are therefore drawn up under the historical cost convention and on a going concern.