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Registered number: 06746617
Cognitiv Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2025
Kennedys Accounting Limited
160 Eureka Park
Kennington
Ashford
Kent
TN25 4AZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06746617
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 353,797 353,297
353,797 353,297
CURRENT ASSETS
Debtors 5 1,403 963
Cash at bank and in hand 24,628 18,534
26,031 19,497
Creditors: Amounts Falling Due Within One Year 6 (167,254 ) (169,694 )
NET CURRENT ASSETS (LIABILITIES) (141,223 ) (150,197 )
TOTAL ASSETS LESS CURRENT LIABILITIES 212,574 203,100
PROVISIONS FOR LIABILITIES
Deferred Taxation (11,515 ) (11,515 )
NET ASSETS 201,059 191,585
CAPITAL AND RESERVES
Called up share capital 7 40 40
Revaluation reserve 8 74,599 74,599
Profit and Loss Account 126,420 116,946
SHAREHOLDERS' FUNDS 201,059 191,585
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Page 2
For the year ending 30 November 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 Steve Garnett
Director
Mr Eric Tiv
Director
04/08/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Cognitiv Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06746617 . The registered office is Aspect House 4 Ulley Road, Kennington, Ashford, Kent, TN24 9HT.
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.
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. 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:
Freehold No provision
Fixtures & Fittings 20% on cost
Computer Equipment 25% on cost
2.4. 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 December 2024 353,297 4,263 - 357,560
Additions - - 666 666
As at 30 November 2025 353,297 4,263 666 358,226
Depreciation
As at 1 December 2024 - 4,263 - 4,263
Provided during the period - - 166 166
As at 30 November 2025 - 4,263 166 4,429
Net Book Value
As at 30 November 2025 353,297 - 500 353,797
As at 1 December 2024 353,297 - - 353,297
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,403 -
Prepayments and accrued income - 963
1,403 963
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 114 1,268
Corporation tax 1,866 2,274
VAT 359 834
Deposits held 500 500
Overpayments received - 240
Accruals and deferred income 750 750
Directors' loan accounts 70,000 70,000
Amounts owed to group undertakings 93,665 93,828
167,254 169,694
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7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 40 40
8. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 December 2024 74,599 116,946
Profit for the year and total comprehensive income - 9,474
As at 30 November 2025 74,599 126,420
Page 5