| Cognigy Limited |
| Notes to the Accounts |
| for the year ended 31 December 2025 |
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| 1 |
Statutory Information |
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Cognigy Ltd is a private company, limited by shares , registered in Germany. The company's registered number and registered office address can be found on the Company Information page. |
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| 2 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Turnover |
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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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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. |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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Computer equipment |
25% reducing balance |
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Debtors |
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Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
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Taxation |
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A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
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Provisions |
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Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
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Foreign currency translation |
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Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. |
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Pensions |
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Contributions to defined contribution plans are expensed in the period to which they relate. |
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Going concern |
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The financial statements are prepared on a going concern basis. The Directors have considered the working capital requirements for a period of 12 months from the date of this report. As a consequence, the Directors believe that the company is well placed to manage its business risks successfully despite the current uncertain econimic outlook. After making enquiries, the Directors have a reasonable expectation that the company has adequate resources, together with support from its parent entity, to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements. |
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| 3 |
Audit information |
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The audit report is unqualified. |
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Senior statutory auditor: |
John Hegney(FCCA) |
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Firm: |
JHHP Limited |
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Date of audit report: |
27 August 2026 |
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| 4 |
Employees |
2025 |
|
2024 |
| Number |
Number |
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Average number of persons employed by the company |
18 |
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12 |
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| 5 |
Tangible fixed assets |
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Computer Equipment |
| £ |
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Cost |
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At 1 January 2025 |
9,357 |
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Additions |
798 |
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At 31 December 2025 |
10,155 |
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Depreciation |
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At 1 January 2025 |
5,593 |
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Charge for the year |
2,143 |
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At 31 December 2025 |
7,736 |
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Net book value |
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At 31 December 2025 |
2,419 |
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At 31 December 2024 |
3,764 |
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| 6 |
Debtors |
2025 |
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2024 |
| £ |
£ |
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Trade debtors |
55,025 |
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- |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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1,224,062 |
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- |
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Other debtors |
389,191 |
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537,239 |
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1,668,278 |
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537,239 |
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| 7 |
Creditors: amounts falling due within one year |
2025 |
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2024 |
| £ |
£ |
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Trade creditors |
15,480 |
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14,332 |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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50,088 |
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193,594 |
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Taxation and social security costs |
972,279 |
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106,330 |
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Other creditors |
1,147,525 |
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144,586 |
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2,185,372 |
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458,842 |
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| 8 |
Share capital |
2025 |
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2024 |
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Allotted, issued and fully paid: |
£ |
£ |
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Number: |
Nominal value: |
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100 |
Ordinary |
1 |
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100 |
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100 |
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100 |
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100 |
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| 9 |
Related party transactions |
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During the year Cognigy Limited's parent company, Cognigy GmBH, was acquired by NICE Ltd, a company registered in Israel. |
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| 10 |
Controlling party |
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During the year the parent company Cognigy GmBH was acquired by NICE Ltd. The enlarged group is wholly owned and controlled by its ultimate parent company, NICE Ltd, a company registered in Israel. |
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| 11 |
Other information |
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Cognigy Limited is a private company limited by shares and incorporated in England. Its registered office is: |
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85 Great Portland Street |
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First Floor |
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London |
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W1W 7LT |