IRIS Accounts Production v25.3.0.601 07643219 Board of Directors 1.1.24 31.12.24 31.12.24 true false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 07643219 2023-12-31 07643219 2024-12-31 07643219 2024-01-01 2024-12-31 07643219 2022-12-31 07643219 2023-01-01 2023-12-31 07643219 2023-12-31 07643219 ns15:EnglandWales 2024-01-01 2024-12-31 07643219 ns14:PoundSterling 2024-01-01 2024-12-31 07643219 ns10:Director1 2024-01-01 2024-12-31 07643219 ns10:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07643219 ns10:SmallEntities 2024-01-01 2024-12-31 07643219 ns10:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07643219 ns10:SmallCompaniesRegimeForDirectorsReport 2024-01-01 2024-12-31 07643219 ns10:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07643219 ns10:FullAccounts 2024-01-01 2024-12-31 07643219 1 2024-01-01 2024-12-31 07643219 ns10:Director2 2024-01-01 2024-12-31 07643219 ns10:RegisteredOffice 2024-01-01 2024-12-31 07643219 ns5:CurrentFinancialInstruments 2024-12-31 07643219 ns5:CurrentFinancialInstruments 2023-12-31 07643219 ns5:Non-currentFinancialInstruments 2024-12-31 07643219 ns5:Non-currentFinancialInstruments 2023-12-31 07643219 ns5:ShareCapital 2024-12-31 07643219 ns5:ShareCapital 2023-12-31 07643219 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 07643219 ns5:RetainedEarningsAccumulatedLosses 2023-12-31 07643219 ns5:IntangibleAssetsOtherThanGoodwill 2024-01-01 2024-12-31 07643219 ns5:ComputerSoftware 2024-01-01 2024-12-31 07643219 ns5:IntangibleAssetsOtherThanGoodwill 2023-12-31 07643219 ns5:IntangibleAssetsOtherThanGoodwill 2024-12-31 07643219 ns5:IntangibleAssetsOtherThanGoodwill 2023-12-31 07643219 ns5:CostValuation 2024-12-31 07643219 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 07643219 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2023-12-31

REGISTERED NUMBER: 07643219 (England and Wales)

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 DECEMBER 2024 |

| FOR |

| COGNITION AGENCY LIMITED |

COGNITION AGENCY LIMITED (REGISTERED NUMBER: 07643219) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| COGNITION AGENCY LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2024

| DIRECTORS: | T H Witcherley

| L J Witcherley

| REGISTERED OFFICE: | Runway East Arca

| Temple Row

| Birmingham

| B2 5AF

| REGISTERED NUMBER: | 07643219 (England and Wales)

| ACCOUNTANTS: | TGFP

| Chartered Accountants

| Fulford House

| Newbold Terrace

| Leamington Spa

| Warwickshire

| CV32 4EA

COGNITION AGENCY LIMITED (REGISTERED NUMBER: 07643219) |

BALANCE SHEET

31 DECEMBER 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 193,000 |  | 193,000 |  |

Investments | 5 | 1 |  | 1 |  |

193,001 |  | 193,001 |  |

CURRENT ASSETS

Debtors | 6 | 41,689 |  | 139,374 |  |

Cash at bank | 929 |  | 63,528 |  |

42,618 |  | 202,902 |  |

CREDITORS

Amounts falling due within one year | 7 | 109,876 |  | 267,654 |  |

NET CURRENT LIABILITIES | (67,258 | ) | (64,752 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 125,743 |  | 128,249 |  |

CREDITORS

Amounts falling due after more than one year | 8 | 27,210 |  | 33,040 |  |

NET ASSETS | 98,533 |  | 95,209 |  |

CAPITAL AND RESERVES

Called up and paid share capital | 640,000 |  | 640,000 |  |

Retained earnings | (541,467 | ) | (544,791 | ) |

SHAREHOLDERS' FUNDS | 98,533 |  | 95,209 |  |

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 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.

COGNITION AGENCY LIMITED (REGISTERED NUMBER: 07643219) |

BALANCE SHEET - continued

31 DECEMBER 2024

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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 October 2025 and were signed on its behalf by:

T H Witcherley - Director

COGNITION AGENCY LIMITED (REGISTERED NUMBER: 07643219) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1. | STATUTORY INFORMATION

| Cognition Agency 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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.

| Preparation of consolidated financial statements

| The financial statements contain information about Cognition Agency Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Intellectual property is being amortised evenly over its estimated useful life of nil years.

| Investments in associates

| Investments in associate undertakings are recognised at cost.

| Financial instruments

| Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

COGNITION AGENCY LIMITED (REGISTERED NUMBER: 07643219) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

2. | ACCOUNTING POLICIES - continued

| 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.

| Going concern

| The financial statements have been prepared on the going concern concept. This assumes that the company will achieve a profitable level of trading and will continue to enjoy the support of its creditors. The financial statements do not account for any adjustments that would be required if the company was unable to achieve these objectives.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2023 - 2 ) .

4. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| At 1 January 2024

| and 31 December 2024 | 193,000 |  |

| NET BOOK VALUE

| At 31 December 2024 | 193,000 |  |

| At 31 December 2023 | 193,000 |  |

5. | FIXED ASSET INVESTMENTS

| Interest

| in

| associate

£ |

| COST

| At 1 January 2024

| and 31 December 2024 | 1 |  |

| NET BOOK VALUE

| At 31 December 2024 | 1 |  |

| At 31 December 2023 | 1 |  |

COGNITION AGENCY LIMITED (REGISTERED NUMBER: 07643219) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Trade debtors | 30,636 |  | 128,415 |  |

| Other debtors | 11,053 |  | 10,959 |  |

41,689 |  | 139,374 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans and overdrafts | 5,831 |  | 5,831 |  |

| Trade creditors | 31,968 |  | 157,168 |  |

| Amounts owed to group undertakings | 69,644 |  | 67,599 |  |

| Taxation and social security | 1,100 |  | 5,773 |  |

| Other creditors | 1,333 |  | 31,283 |  |

109,876 |  | 267,654 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans | 27,210 |  | 33,040 |  |

9. | SECURED DEBTS

| There is a fixed and floating charge in respect of the invoice discounting creditor Aldermore Bank PLC which is secured on the book debts of Cognition Communications Limited and is also secured on the book debts of Cognition Agency Limited.