IRIS Accounts Production v26.1.10.61 01977119 Board of Directors 1.1.25 31.12.25 31.12.25 8.7.26 false true false false true false Auditors Opinion Ordinary 1.00000 Incentive 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 01977119 2024-12-31 01977119 2025-12-31 01977119 2025-01-01 2025-12-31 01977119 2023-12-31 01977119 2024-01-01 2024-12-31 01977119 2024-12-31 01977119 ns15:EnglandWales 2025-01-01 2025-12-31 01977119 ns14:PoundSterling 2025-01-01 2025-12-31 01977119 ns10:Director1 2025-01-01 2025-12-31 01977119 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 01977119 ns10:SmallEntities 2025-01-01 2025-12-31 01977119 ns10:Audited 2025-01-01 2025-12-31 01977119 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 01977119 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 01977119 ns10:FullAccounts 2025-01-01 2025-12-31 01977119 ns10:OrdinaryShareClass1 2025-01-01 2025-12-31 01977119 ns10:OrdinaryShareClass2 2025-01-01 2025-12-31 01977119 ns10:Director2 2025-01-01 2025-12-31 01977119 ns10:RegisteredOffice 2025-01-01 2025-12-31 01977119 ns5:CurrentFinancialInstruments 2025-12-31 01977119 ns5:CurrentFinancialInstruments 2024-12-31 01977119 ns5:ShareCapital 2025-12-31 01977119 ns5:ShareCapital 2024-12-31 01977119 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 01977119 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 01977119 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-12-31 01977119 ns5:FurnitureFittings 2024-12-31 01977119 ns5:ShortLeaseholdAssets ns5:LandBuildings 2025-01-01 2025-12-31 01977119 ns5:FurnitureFittings 2025-01-01 2025-12-31 01977119 ns5:ShortLeaseholdAssets ns5:LandBuildings 2025-12-31 01977119 ns5:FurnitureFittings 2025-12-31 01977119 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-12-31 01977119 ns5:FurnitureFittings 2024-12-31 01977119 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 01977119 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 01977119 ns10:OrdinaryShareClass1 2025-12-31 01977119 ns10:OrdinaryShareClass2 2025-12-31

REGISTERED NUMBER: 01977119 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

JUNCTION ELEVEN LIMITED

| JUNCTION ELEVEN LIMITED (REGISTERED NUMBER: 01977119) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the year ended 31 December 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| JUNCTION ELEVEN LIMITED |

COMPANY INFORMATION

for the year ended 31 December 2025

| DIRECTORS: | W.E. Husselby deceased

| M.S. Husselby

| REGISTERED OFFICE: | The Fold

| Spencer Street

| Royal Leamington Spa

| Warwickshire

| CV31 3NE

| REGISTERED NUMBER: | 01977119 (England and Wales)

| AUDITORS: | Dafferns Audit Limited

| Chartered Accountants

| Statutory Auditor

| One Eastwood

| Harry Weston Road

| Binley Business Park

| Coventry

| CV3 2UB

| JUNCTION ELEVEN LIMITED (REGISTERED NUMBER: 01977119) |

BALANCE SHEET

31 December 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 10,029 |  | 6,872 |  |

CURRENT ASSETS

Debtors | 6 | 127,575 |  | 198,182 |  |

Cash at bank | 6,134 |  | - |  |

133,709 |  | 198,182 |  |

CREDITORS

Amounts falling due within one year | 7 | 722,069 |  | 788,537 |  |

NET CURRENT LIABILITIES | (588,360 | ) | (590,355 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (578,331 | ) | (583,483 | ) |

CAPITAL AND RESERVES

Called up share capital | 8 | 125 |  | 125 |  |

Retained earnings | (578,456 | ) | (583,608 | ) |

SHAREHOLDERS' FUNDS | (578,331 | ) | (583,483 | ) |

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 July 2026 and were signed on its behalf by:

M.S. Husselby - Director

| JUNCTION ELEVEN LIMITED (REGISTERED NUMBER: 01977119) |

NOTES TO THE FINANCIAL STATEMENTS

for the year ended 31 December 2025

1. | STATUTORY INFORMATION

| Junction Eleven Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | STATEMENT OF COMPLIANCE

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. | ACCOUNTING POLICIES

| Basis of preparation

| The financial statements have been prepared under the historical cost convention.

| Going concern

| These financial statements have been prepared on the basis that the company will continue trading as a going concern.

| The Cogent group has confirmed that it will continue to provide the company with sufficient financial support and working capital to fund the losses and enable the company to meet its ongoing liabilities as they fall due.

| The directors consider that the going concern basis of accounting remains appropriate.

| Turnover

| Turnover represents the fair value of services provided during the year on client assignments. Turnover is recognised as contract activity progresses and the right to consideration is earned. Fair value reflects the amount expected to be recoverable from clients and is based on the time spent, skills and expertise provided, and expenses incurred. Turnover excludes discounts, rebates, value added tax and other sales taxes.

| Unbilled turnover on individual client assignments is included as accrued income within debtors.

| Tangible fixed assets

| Tangible fixed assets are recognised at cost and subsequently measured under the historical cost model being cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes any direct expenditure incurred to bring the asset to its current location and condition necessary for the asset to work as intended by management.

| Repairs and maintenance costs are charged to the Statement of Comprehensive Income in the period in which they are incurred.

| Depreciation is provided on the cost of tangible assets in equal annual instalments over their estimated useful lives, which are as follows :

|  | Short leasehold property |  | - 5 - 10 years relative to the life of the lease |  |

|  | Fixtures and equipment |  | - Between 3 and 7 years |  |

| Any gains and losses on the disposal of tangible fixed assets are recognised in the Statement of Comprehensive Income in the year that the disposal takes place.

| JUNCTION ELEVEN LIMITED (REGISTERED NUMBER: 01977119) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 December 2025

3. | ACCOUNTING POLICIES - continued

| Financial instruments

| Basic financial instruments in debtors and creditors with no stated interest rate, and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income in other administrative expenses.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the Statement of Comprehensive Income in the period to which they relate. A defined contribution plan is a pension scheme under which the company pays fixed contributions into an independently administered fund and has no further obligations once the contributions have been paid.

| Leases

| Rentals payable under operating leases are charged to the Statement of Comprehensive Income on a straight line basis over the period of the lease.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 9 (2024 - 12 ) .

| JUNCTION ELEVEN LIMITED (REGISTERED NUMBER: 01977119) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 December 2025

5. | TANGIBLE FIXED ASSETS

| Short |  | Fixtures |

| leasehold |  | and |

| property |  | fittings |  | Totals

£ | £ | £ |

| COST

| At 1 January 2025 | 413,174 |  | 170,476 |  | 583,650 |  |

| Additions | - |  | 5,723 |  | 5,723 |  |

| At 31 December 2025 | 413,174 |  | 176,199 |  | 589,373 |  |

| DEPRECIATION

| At 1 January 2025 | 409,023 |  | 167,755 |  | 576,778 |  |

| Charge for year | 1,166 |  | 1,400 |  | 2,566 |  |

| At 31 December 2025 | 410,189 |  | 169,155 |  | 579,344 |  |

| NET BOOK VALUE

| At 31 December 2025 | 2,985 |  | 7,044 |  | 10,029 |  |

| At 31 December 2024 | 4,151 |  | 2,721 |  | 6,872 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 87,263 |  | 139,327 |  |

| Amounts owed by group undertakings | 5,922 |  | 12,293 |  |

| Accrued income | 2,470 |  | 10,238 |  |

| Prepayments | 31,920 |  | 36,324 |  |

127,575 |  | 198,182 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | - |  | 99,642 |  |

| Payments on account | 17,329 |  | 18,611 |  |

| Trade creditors | 91,790 |  | 109,890 |  |

| Amounts owed to group undertakings | 595,522 |  | 518,163 |  |

| VAT | 7,917 |  | 26,439 |  |

| Accruals | 9,511 |  | 15,792 |  |

722,069 |  | 788,537 |  |

| JUNCTION ELEVEN LIMITED (REGISTERED NUMBER: 01977119) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 December 2025

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

| 2,500 | Incentive | 1p | 25 |  | 25 |  |

125 |  | 125 |  |

| Incentive shares have no voting rights.

9. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Geoffrey Cox BA FCA (Senior Statutory Auditor)

| for and on behalf of Dafferns Audit Limited

10. | OTHER FINANCIAL COMMITMENTS

| Total financial commitments which are not included in the balance sheet, amount to £58,232 (2024: £157,355).

11. | ULTIMATE PARENT COMPANY

| The Company is a wholly-owned subsidiary of Cogent Elliott Group Limited (CEGL), which is its

| ultimate parent company.

| The registered office and principal place of business of CEGL is The Fold, Spencer Street, Royal Leamington Spa, Warwickshire, CV31 3NE, from which group accounts can be obtained.

12. | RELATED PARTY DISCLOSURES

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.