Acorah Software Products - Accounts Production 19.1.200 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 11457650 Mr P F Andrews Mr T J Burridge-Oakland Mr C G Fraser Mr T A Humphries iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11457650 2024-07-31 11457650 2025-07-31 11457650 2024-08-01 2025-07-31 11457650 frs-core:CurrentFinancialInstruments 2025-07-31 11457650 frs-core:Non-currentFinancialInstruments 2025-07-31 11457650 frs-core:ComputerEquipment 2025-07-31 11457650 frs-core:ComputerEquipment 2024-08-01 2025-07-31 11457650 frs-core:ComputerEquipment 2024-07-31 11457650 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-08-01 2025-07-31 11457650 frs-core:FurnitureFittings 2025-07-31 11457650 frs-core:FurnitureFittings 2024-08-01 2025-07-31 11457650 frs-core:FurnitureFittings 2024-07-31 11457650 frs-core:MotorVehicles 2025-07-31 11457650 frs-core:MotorVehicles 2024-08-01 2025-07-31 11457650 frs-core:MotorVehicles 2024-07-31 11457650 frs-core:OtherResidualIntangibleAssets 2025-07-31 11457650 frs-core:OtherResidualIntangibleAssets 2024-08-01 2025-07-31 11457650 frs-core:OtherResidualIntangibleAssets 2024-07-31 11457650 frs-core:ShareCapital 2025-07-31 11457650 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 11457650 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 11457650 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 11457650 frs-bus:SmallEntities 2024-08-01 2025-07-31 11457650 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 11457650 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 11457650 frs-bus:Director1 2024-08-01 2025-07-31 11457650 frs-bus:Director2 2024-08-01 2025-07-31 11457650 frs-bus:Director3 2024-08-01 2025-07-31 11457650 frs-bus:Director4 2024-08-01 2025-07-31 11457650 frs-countries:EnglandWales 2024-08-01 2025-07-31 11457650 2023-07-31 11457650 2024-07-31 11457650 2023-08-01 2024-07-31 11457650 frs-core:CurrentFinancialInstruments 2024-07-31 11457650 frs-core:Non-currentFinancialInstruments 2024-07-31 11457650 frs-core:ShareCapital 2024-07-31 11457650 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Cognitive.Business Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 11457650
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 964,104 831,751
Tangible Assets 5 98,244 102,908
1,062,348 934,659
CURRENT ASSETS
Debtors 6 428,079 321,142
Cash at bank and in hand 386,363 347,461
814,442 668,603
Creditors: Amounts Falling Due Within One Year 7 (251,977 ) (133,436 )
NET CURRENT ASSETS (LIABILITIES) 562,465 535,167
TOTAL ASSETS LESS CURRENT LIABILITIES 1,624,813 1,469,826
Creditors: Amounts Falling Due After More Than One Year 8 (25,445 ) (30,995 )
NET ASSETS 1,599,368 1,438,831
CAPITAL AND RESERVES
Called up share capital 10 3 3
Profit and Loss Account 1,599,365 1,438,828
SHAREHOLDERS' FUNDS 1,599,368 1,438,831
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Page 2
For the year ending 31 July 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr C G Fraser
Director
24 April 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Cognitive.Business Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11457650 . The registered office is 71-75 Shelton Street, London, Greater London, WC2H 9JQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation and any accumulated impairment losses.
The Directors consider that a typical software component would have a lifetime of 5 years measured from the time of first
commercial use.
Intangible fixed assets are amortised over 5 years straight line. 
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 30% reducing balance
Fixtures & Fittings 4 Years straight line
Computer Equipment 4 Years straight line
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and a deferred tax provision where necessary in accordance with accounting standards.
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 material 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. Where a reliable tax rate cannot be forecast, a deferred tax provision is calculated at the highest tax rate possibly applicable, based on tax rates (and tax laws) enacted by the end of the reporting date. 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
The average number of employees, including directors, during the year was as follows: 12 (2024: 12)
12 12
4. Intangible Assets
Other
£
Cost
As at 1 August 2024 1,537,872
Additions 298,703
As at 31 July 2025 1,836,575
Amortisation
As at 1 August 2024 706,121
Provided during the period 166,350
As at 31 July 2025 872,471
Net Book Value
As at 31 July 2025 964,104
As at 1 August 2024 831,751
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5. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 August 2024 94,300 9,293 9,527 113,120
Additions 38,944 208 2,025 41,177
As at 31 July 2025 133,244 9,501 11,552 154,297
Depreciation
As at 1 August 2024 - 7,426 2,786 10,212
Provided during the period 42,741 807 2,293 45,841
As at 31 July 2025 42,741 8,233 5,079 56,053
Net Book Value
As at 31 July 2025 90,503 1,268 6,473 98,244
As at 1 August 2024 94,300 1,867 6,741 102,908
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 235,983 183,893
Prepayments and accrued income 3,135 717
Other debtors 5,000 5,000
Corporation tax recoverable assets 83,737 75,864
Deferred tax current asset 50,224 5,668
378,079 271,142
Due after more than one year
Other debtors 50,000 50,000
428,079 321,142
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 3,579 1,749
Bank loans and overdrafts 5,611 5,604
Other taxes and social security 19,805 16,388
VAT 68,139 62,100
Other creditors 23,468 9,867
Accruals and deferred income 2,000 2,000
Directors' loan accounts 129,375 35,728
251,977 133,436
Included within Other creditors above are unsecured loans from the director(s) of £129,375 (2024 - £35,728 ). These loans are interest free and repayable on demand. 
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8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 25,445 30,995
9. Deferred Taxation
The company has £373,631 (2024 - £200,728) of tax losses carried forward that the directors expect to be used in future years at an effective tax rate of 21%. 
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 3 3
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