1 April 2024 false No description of principal activity Taxfiler 2024.6 14706132 business:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 14706132 2024-03-31 14706132 2024-04-01 2025-03-31 14706132 business:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 14706132 business:FilletedAccounts 2024-04-01 2025-03-31 14706132 2025-03-31 14706132 business:Director1 2024-04-01 2025-03-31 14706132 business:Director2 2024-04-01 2025-03-31 14706132 business:RegisteredOffice 2024-04-01 2025-03-31 14706132 2024-03-31 14706132 core:WithinOneYear 2025-03-31 14706132 core:WithinOneYear 2024-03-31 14706132 core:AfterOneYear 2025-03-31 14706132 core:AfterOneYear 2024-03-31 14706132 core:ShareCapital core:PreviouslyStatedAmount 2025-03-31 14706132 core:ShareCapital core:PreviouslyStatedAmount 2024-03-31 14706132 core:SharePremium core:PreviouslyStatedAmount 2025-03-31 14706132 core:SharePremium core:PreviouslyStatedAmount 2024-03-31 14706132 core:InvestmentPropertiesRevaluationReserve core:PreviouslyStatedAmount 2025-03-31 14706132 core:InvestmentPropertiesRevaluationReserve core:PreviouslyStatedAmount 2024-03-31 14706132 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 14706132 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-03-31 14706132 core:PreviouslyStatedAmount 2025-03-31 14706132 core:PreviouslyStatedAmount 2024-03-31 14706132 business:SmallEntities 2024-04-01 2025-03-31 14706132 countries:EnglandWales 2024-04-01 2025-03-31 14706132 core:ComputerEquipment 2024-04-01 2025-03-31 14706132 core:IntangibleAssetsOtherThanGoodwill 2024-03-31 14706132 core:IntangibleAssetsOtherThanGoodwill 2024-04-01 2025-03-31 14706132 core:IntangibleAssetsOtherThanGoodwill 2025-03-31 14706132 core:ComputerEquipment 2024-03-31 14706132 core:ComputerEquipment 2025-03-31 14706132 2023-03-06 2024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 14706132 (England and Wales)
Cowlabs Ltd Unaudited accounts for the year ended 31 March 2025
Cowlabs Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Cowlabs Ltd Company Information for the year ended 31 March 2025
Directors
Mayra San Martin Marius Jatautas
Company Number
14706132 (England and Wales)
Registered Office
Office TW c/o Taxwise Accountants Greengate Business Centre 2 Greengate Street Oldham Lancashire OL4 1FN England
- 3 -
Cowlabs Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Called up share capital not paid
1,000
1,000
Fixed assets
Intangible assets
4
117,293
92,552
Tangible assets
5
8,964
7,751
126,257
100,303
Current assets
Debtors
6
3,103
3,040
Cash at bank and in hand
330,677
729,175
333,780
732,215
Creditors: amounts falling due within one year
7
(29,522)
(65,083)
Net current assets
304,258
667,132
Total assets less current liabilities
431,515
768,435
Creditors: amounts falling due after more than one year
8
(125,562)
-
Net assets
305,953
768,435
Capital and reserves
Called up share capital
1,459
1,459
Share premium
1,111,902
1,111,902
Fair value reserve
52,603
32,603
Profit and loss account
(860,011)
(377,529)
Shareholders' funds
305,953
768,435
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 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 19 February 2026 and were signed on its behalf by
Marius Jatautas Director Company Registration No. 14706132
- 4 -
Cowlabs Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Cowlabs Ltd is a private company, limited by shares, registered in England and Wales, registration number 14706132. The registered office is Office TW c/o Taxwise Accountants, Greengate Business Centre, 2 Greengate Street, Oldham, Lancashire, OL4 1FN, England.
2
Compliance with accounting standards
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The significant accounting policies applied in the preparation of these financial statements are set out. These policies have been consistently applied to all the years presented, unless otherwise stated.
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.
Intangible fixed assets
Intangible fixed assets (including digital asset) are included at cost less accumulated amortisation.
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:
Computer equipment
25%
- 5 -
Cowlabs Ltd Notes to the Accounts for the year ended 31 March 2025
4
Intangible fixed assets
Other
£
Cost
At 1 April 2024
66,610
Additions
15,551
At 31 March 2025
82,161
Amortisation
At 1 April 2024
(25,942)
Charge for the year
10,810
Other increase/(decrease)
(20,000)
At 31 March 2025
(35,132)
Net book value
At 31 March 2025
117,293
At 31 March 2024
92,552
5
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 April 2024
8,930
Additions
4,130
At 31 March 2025
13,060
Depreciation
At 1 April 2024
1,179
Charge for the year
2,917
At 31 March 2025
4,096
Net book value
At 31 March 2025
8,964
At 31 March 2024
7,751
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
2,440
2,440
Amounts falling due after more than one year
Other debtors
663
600
- 6 -
Cowlabs Ltd Notes to the Accounts for the year ended 31 March 2025
7
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
5,235
15,002
Taxes and social security
-
5,181
Other creditors
4,691
29,704
Accruals
9,195
15,196
Deferred income
10,401
-
29,522
65,083
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
125,562
-
9
Controlling party
Kim Daniel Victor Arthur and Marius Jatautas are deemed to be the ultimate controlling parties by virtue of each holding more than 25% of the share capital.
10
Average number of employees
During the year the average number of employees was 2 (2024: 2).
- 7 -