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Company Registration No. 14338998 (England and Wales)
Cobalt 24 Limited Unaudited accounts for the year ended 30 September 2025
Cobalt 24 Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Cobalt 24 Limited Company Information for the year ended 30 September 2025
Directors
Mark Boyle Clare Boyle
Company Number
14338998 (England and Wales)
Registered Office
Alston, Dumbah Lane Prestbury Macclesfield Cheshire SK10 4EW United Kingdom
Accountants
Elevate Accounting Solutions Limited 14 John Bradshaw Court Alexandria Way Congleton CW12 1LB
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Cobalt 24 Limited Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
552,577
552,767
Current assets
Debtors
5
15,859
18,852
Cash at bank and in hand
5,958
8,649
21,817
27,501
Creditors: amounts falling due within one year
6
(530,021)
(675,576)
Net current liabilities
(508,204)
(648,075)
Net assets/(liabilities)
44,373
(95,308)
Capital and reserves
Called up share capital
200
200
Profit and loss account
44,173
(95,508)
Shareholders' funds
44,373
(95,308)
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 7 January 2026 and were signed on its behalf by
Mark Boyle Director Company Registration No. 14338998
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Cobalt 24 Limited Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
Cobalt 24 Limited is a private company, limited by shares, registered in England and Wales, registration number 14338998. The registered office is Alston, Dumbah Lane, Prestbury, Macclesfield, Cheshire, SK10 4EW, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Land & buildings
No depreciation
Computer equipment
Straight line on cost - 3 years
Going concern
The directors have pledged their continued support to the company and as such, the accounts are prepared on a going concern basis.
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Cobalt 24 Limited Notes to the Accounts for the year ended 30 September 2025
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 October 2024
551,057
2,011
553,068
Additions
-
666
666
At 30 September 2025
551,057
2,677
553,734
Depreciation
At 1 October 2024
-
301
301
Charge for the year
-
856
856
At 30 September 2025
-
1,157
1,157
Net book value
At 30 September 2025
551,057
1,520
552,577
At 30 September 2024
551,057
1,710
552,767
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
15,106
18,852
Accrued income and prepayments
753
-
15,859
18,852
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
9,044
7,983
Trade creditors
2,800
5,263
Taxes and social security
10,387
-
Other creditors
7,201
5,399
Loans from directors
500,589
656,931
530,021
675,576
7
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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