REGISTERED NUMBER: 13625719 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Recognition One X Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

162

323

CURRENT ASSETS

Debtors

5

19,979

4,683

Cash at bank

112,528

61,185

132,507

65,868

CREDITORS

Amounts falling due within one year

6

44,558

29,145

NET CURRENT ASSETS

87,949

36,723

TOTAL ASSETS LESS CURRENT LIABILITIES

88,111

37,046

PROVISIONS FOR LIABILITIES

31

61

NET ASSETS

88,080

36,985

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

87,980

36,885

SHAREHOLDERS' FUNDS

88,080

36,985

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 Profit and Loss Account and Statement of Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

Mr J Grimes - Director

Mr C Atkinson - Director

1.	STATUTORY INFORMATION

Recognition One X Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

13625719

Registered office:

9 Glovers Close

Hertford

United Kingdom

Hertfordshire

SG13 8DT

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared using the historical cost convention except that as

disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on cost

Taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been

enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits

reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively

enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

and 31 March 2025

647

DEPRECIATION

At 1 April 2024

324

Charge for year

161

At 31 March 2025

485

NET BOOK VALUE

At 31 March 2025

162

At 31 March 2024

323

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

19,913

4,617

Other debtors

66

66

19,979

4,683

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

98

92

Taxation and social security

29,171

14,076

Other creditors

15,289

14,977

44,558

29,145

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary shares

£1

100

100

8.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owed £645 to Mr CA Atkinson, a director of the company(2024: £333). This loan is provided interest free and is repayable on demand.

Also at the balance sheet date the company owed £12,524 to Recognition Group Limited, a company that owns 51 Ordinary shares of the company (2024: £12,524). This loan is provided interest free and is repayable on demand.

9.	ULTIMATE CONTROLLING PARTY

The company's immediate parent is Recognition Group Ltd, incorporated in England and Wales.