Cosmic Universe Enterprises Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08663284

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		264,821		103,229
Tangible Assets	5		2,727		3,495

			267,548		106,724
CURRENT ASSETS
Debtors	6	10,190		7,165
Cash at bank and in hand		26,428		26,744

		36,618		33,909
Creditors: Amounts Falling Due Within One Year	7	(1,371,235 )		(758,499 )

NET CURRENT ASSETS (LIABILITIES)			(1,334,617 )		(724,590 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(1,067,069 )		(617,866 )

NET LIABILITIES			(1,067,069 )		(617,866 )

CAPITAL AND RESERVES
Called up share capital	8		4,072		4,072
Share premium account			238,406		140,419
Profit and Loss Account			(1,309,547 )		(762,357 )

SHAREHOLDERS' FUNDS			(1,067,069)		(617,866)

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Cosmic Universe Enterprises Ltd

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 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

Mrs Gail Ganney

Director

29/04/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Cosmic Universe Enterprises Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08663284 . The registered office is 2 Woodhill House 2 Woodhill House, Kentish Lane, Hatfield, AL9 6JY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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.

At the Balance-sheet date the companies liabilities exceeded it's assets and it's liability to trade is dependent on the

financial support of the current directors and shareholders. Such financial support will continue to be made and

theses accounts have been prepared on the basis that the company will continue to trade normally.

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

Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Research and Development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.

If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.

2.5. 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	25% on reducing balance
Computer Equipment	33% Straight line

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

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Cosmic Universe Enterprises Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

4. Intangible Assets

	Development Costs
	£
Cost
As at 1 September 2024	147,831
Additions	238,948

As at 31 August 2025	386,779

Amortisation
As at 1 September 2024	44,602
Provided during the period	77,356

As at 31 August 2025	121,958

Net Book Value
As at 31 August 2025	264,821

As at 1 September 2024	103,229

5. Tangible Assets

	Motor Vehicles	Computer Equipment	Total
	£	£	£
Cost
As at 1 September 2024	2,890	3,344	6,234
Additions	-	1,107	1,107

As at 31 August 2025	2,890	4,451	7,341

Depreciation
As at 1 September 2024	1,264	1,475	2,739
Provided during the period	407	1,468	1,875

As at 31 August 2025	1,671	2,943	4,614

Net Book Value
As at 31 August 2025	1,219	1,508	2,727

As at 1 September 2024	1,626	1,869	3,495

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	1,380
Prepayments and accrued income	4,386	-
Other debtors (1)	151	1,607
VAT	3,060	4,178
Net wages	2,593	-

	10,190	7,165

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Cosmic Universe Enterprises Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	7,419	10,649
Other taxes and social security	5,772	88
Other creditors	11,000	11,000
Other creditors (1)	25	-
Pension creditor	257	-
Accruals and deferred income	1,700	1,200
Directors' loan accounts	2,461	961
Amounts owed to group undertakings	1,342,601	734,601

	1,371,235	758,499

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	4,072	4,072

9. Related Party Transactions

At the year end the balance owed to related parties (STARNVESSE LTD) was £734,601 (2023 - £357,000)

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