Company Registration No. 06118605 (England and Wales)
Kognoscenti Ltd
Unaudited accounts
for the year ended 31 March 2025
Kognoscenti Ltd
Unaudited accounts
Contents
Kognoscenti Ltd
Company Information
for the year ended 31 March 2025
Director
Mr Ravindra Dayantha Joshua
Company Number
06118605 (England and Wales)
Registered Office
338 Princess Park Manor, Royal Drive
London
N11 3GX
United Kingdom
Kognoscenti Ltd
Statement of financial position
as at 31 March 2025
Investments
173,693
173,693
Cash at bank and in hand
5,427
11,873
Creditors: amounts falling due within one year
(327,118)
(307,761)
Net current assets
216,478
242,748
Total assets less current liabilities
390,944
417,350
Provisions for liabilities
Other provisions
(138)
(172)
Net assets
390,806
417,178
Called up share capital
1,000
1,000
Profit and loss account
389,806
416,178
Shareholders' funds
390,806
417,178
For the year ending 31 March 2025 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 December 2025 and were signed on its behalf by
Mr Ravindra Dayantha Joshua
Director
Company Registration No. 06118605
Kognoscenti Ltd
Notes to the Accounts
for the year ended 31 March 2025
Kognoscenti Ltd is a private company, limited by shares, registered in England and Wales, registration number 06118605. The registered office is 338 Princess Park Manor, Royal Drive, London, N11 3GX, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
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.
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 statement of comprehensive income 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 timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing 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.
Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & Machinery 15% Reducing balance
Kognoscenti Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
5
Investments
Other investments
Valuation at 1 April 2024
173,693
Valuation at 31 March 2025
173,693
Amounts falling due within one year
Amounts falling due after more than one year
Other debtors
538,169
538,169
7
Creditors: amounts falling due within one year
2025
2024
Other creditors
327,117
307,761
8
Transactions with related parties
Included in other debtors is a sum owed of £538,169 (2024 - £538,169) from Kognoscenti (Pvt) Ltd as the inter company related transactions.
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).