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Registered number: 13525115
Kogenta Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Kogenta Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—8

Page 1
Kogenta Limited
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 13525115

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 218,123 |  | 30,543
Tangible Assets | 5 |  | - |  | 794
Investments | 6 |  | 8,854,293 |  | 8,854,293
|  |  | 9,072,416 |  | 8,885,630
CURRENT ASSETS
Debtors | 7 | 292,987 |  | 215,831 |
Cash at bank and in hand |  | 163,502 |  | 186,687 |
|  | 456,489 |  | 402,518 |
Creditors: Amounts Falling Due Within One Year | 8 | (284,237 ) |  | (181,413 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 172,252 |  | 221,105
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 9,244,668 |  | 9,106,735
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | - |  | (199 )
NET ASSETS |  |  | 9,244,668 |  | 9,106,536
CAPITAL AND RESERVES
Called up share capital | 9 |  | 104 |  | 104
Share premium account |  |  | 9,694,187 |  | 9,694,187
Profit and Loss Account |  |  | (449,623 ) |  | (587,755 )
SHAREHOLDERS' FUNDS |  |  | 9,244,668 |  | 9,106,536

Page 1
Page 2
Kogenta Limited
Balance Sheet (continued)
As At 31 December 2025
For the year ending 31 December 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 J Aalbers Director
15/06/2026

The notes on pages 3 to 8 form part of these financial statements.
Page 2
Page 3
Kogenta Limited
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
Kogenta Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13525115 . The registered office is 20 St. Thomas Street, London , SE1 9RS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
These financial statements for the year ended 31 December 2023 are the first financial statements of Kogenta Limited prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of transition to FRS 102 was for the year ended 31 December 2023. The reported financial position and financial performance for the previous period are not affected by the transition to FRS 102.
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
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably
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 £231,084 and is amortised to the profit and loss account over its estimated economic life of 8 years.
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:

Computer Equipment | 33.33% straight line basis

2.3.1 Impairment of fixed assets
At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.
Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.
...CONTINUED
Page 3
Page 4
Kogenta Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
2.4. Tangible Fixed Assets and Depreciation - continued
If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.
Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.
2.5. Financial Instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company’s balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
2.6. 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.
Page 4
Page 5
Kogenta Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
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 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. 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.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 4)
4 4
4. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 January 2025 | 30,543
Additions | 200,541
As at 31 December 2025 | 231,084
Amortisation
As at 1 January 2025 | -
Provided during the period | 12,961
As at 31 December 2025 | 12,961
Net Book Value
As at 31 December 2025 | 218,123
As at 1 January 2025 | 30,543

Page 5
Page 6
Kogenta Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
5. Tangible Assets

| Computer Equipment
--- | ---
| £
Cost
As at 1 January 2025 | 5,407
As at 31 December 2025 | 5,407
Depreciation
As at 1 January 2025 | 4,613
Provided during the period | 794
As at 31 December 2025 | 5,407
Net Book Value
As at 31 December 2025 | -
As at 1 January 2025 | 794

6. Investments

| Subsidiaries
--- | ---
| £
Cost or Valuation
As at 1 January 2025 | 8,854,293
As at 31 December 2025 | 8,854,293
Provision
As at 1 January 2025 | -
As at 31 December 2025 | -
Net Book Value
As at 31 December 2025 | 8,854,293
As at 1 January 2025 | 8,854,293

7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 31,500 |  | 47,751
Other debtors | 261,487 |  | 168,080
| 292,987 |  | 215,831

Page 6
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Kogenta Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 23,166 |  | 11,977
Amounts owed to group undertakings | 100,000 |  | 100,000
Amounts owed to participating interests | 5,035 |  | 7,043
Other creditors | 100,239 |  | 30,523
Taxation and social security | 55,797 |  | 31,870
| 284,237 |  | 181,413

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
84,000 Ordinary Shares of £ 0.001 each | 84 |  | 84

Preference Shares

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
20,000 Preference Shares of £ 0.001 each | 20 |  | 20

10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Not later than one year | 15,120 |  | 30,240
Later than one year and not later than five years | - |  | 15,120
| 15,120 |  | 45,360

11. Related Party Transactions
During the year, the Company received management fees of £nil (2024: £746) from its subsidiary undertaking, Urban Analytix UK Limited.
During the year, the Company received management fees of £350,192 (2024: £84,854) from its overseas subsidiary undertaking, Kogenta AS.
During the year, the Company was charged management fees of £114,476 (2024: £nil) by its overseas subsidiary undertaking, Kogenta AS.
At the balance sheet date, amounts payable by the Company to related parties were as follows:
Urban Analytix Holdings Limited: £100,000 (2024: £100,000)
Kogenta AS: £5,035 (2024: £7,043)
At the balance sheet date, amounts receivable by the Company from related parties were as follows:
Urban Analytix UK Limited: £568 (2024: £16)
Kogenta AS: £240,751 (2024: £146,854)
All outstanding balances are unsecured, interest-free and repayable on demand.
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Page 8
Kogenta Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
12. Ultimate Controlling Party
In the opinion of the directors, the ownership of the shares are sufficiently widely spread for there to be no individual controlling party.
The company and its subsidiary undertaking, comprise of a a small-sized group.
The company has therefore taken advantage of exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.
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