Cognoscenti Limited - Limited company - abbreviated - 11.0.0
Cognoscenti Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| Cognoscenti Limited |
| Abbreviated Unaudited Accounts for the Year Ended 31 December 2013 |
| Cognoscenti Limited (Registered number: 02857402) |
| Contents of the Abbreviated Accounts |
| for the year ended 31 December 2013 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Cognoscenti Limited |
| Company Information |
| for the year ended 31 December 2013 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Cognoscenti Limited (Registered number: 02857402) |
| Abbreviated Balance Sheet |
| 31 December 2013 |
| 2013 | 2012 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Share premium |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| Cognoscenti Limited (Registered number: 02857402) |
| Abbreviated Balance Sheet - continued |
| 31 December 2013 |
| The financial statements were approved by the Board of Directors on behalf by: |
| Cognoscenti Limited (Registered number: 02857402) |
| Notes to the Abbreviated Accounts |
| for the year ended 31 December 2013 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The accounts have been prepared in accordance with applicable accounting standards. |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the |
| Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service |
| contracts where turnover is recognised when the company obtains the right to consideration. |
| Tangible fixed assets |
| Freehold property | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| balance sheet date. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those |
| held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance |
| leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to the profit and loss account over the relevant period. |
| The capital element of the future payments is treated as a liability. |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the |
| period of the lease. |
| Fixed asset investments |
| The Company's investment in the associated undertaking is accounted for on a receipts and payments basis |
| where the directors consider the company does not exert significant influence over the associated |
| undertaking. |
| Foreign currencies |
| 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 of exchange |
| ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating |
| result. |
| Cognoscenti Limited (Registered number: 02857402) |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 31 December 2013 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 January 2013 |
| and 31 December 2013 |
| DEPRECIATION |
| At 1 January 2013 |
| Charge for year |
| At 31 December 2013 |
| NET BOOK VALUE |
| At 31 December 2013 |
| At 31 December 2012 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 January 2013 |
| Disposals | (20,511 | ) |
| At 31 December 2013 | - |
| NET BOOK VALUE |
| At 31 December 2013 |
| At 31 December 2012 |
| The company's investments at the balance sheet date in the share capital of companies include the following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary |
| 4. | CREDITORS |
| Creditors include an amount of £ |
| Cognoscenti Limited (Registered number: 02857402) |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 31 December 2013 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2013 | 2012 |
| value: | £ | £ |
| Ordinary A | £1 |
| Ordinary B | £1 |
| Ordinary C | £1 |
| Ordinary D | £1 |
| 250 | Ordinary E | £1 | 250 | 250 |
| 250 | Odrinary F | £1 | 250 | 250 |
| The "K" & "L" Ordinary non-voting shares shall not entitle the holders to receive notice of or attend or vote at |
| any general meeting. |
| The same Class "K" and "L" Ordinary non-voting shares shall also not entitle the holders to participate in the |
| assets of the Company on a winding up. |
| Any dividend payable on any class of share shall be decided by the Company in General meeting (if and so far |
| as the profits of the Company justify such payment) and such dividends may vary from time to time and may |
| be payable on one class of share only or on any classes of shares as may be. The amount of any dividend (if |
| any) payable on such shares is at the discretion of the Company. Any such dividend shall be payable by the |
| Company at any time as may be decided by the Company. |
| Save as the aforesaid, the class "K" and "L" Ordinary non-voting shares shall in all other respects rank |
| pari-pussu with the class "A", "B", "C", "D", "E", "F", "G", "H", "I" and "J" Ordinary voting shares of the |
| Company. The Class "A", "B", "C", "D", "E", "F", "G", "H", "I" and "J" Ordinary voting shares shall rank pari pussu |
| with each other in every respect. |
| 6. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended 31 December 2013 and |
| 31 December 2012: |
| 2013 | 2012 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) |
| Balance outstanding at end of year |
| Cognoscenti Limited (Registered number: 02857402) |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 31 December 2013 |
| 6. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) |
| Balance outstanding at end of year |
| 7. | RELATED PARTY DISCLOSURES |
| The directors J B Kopieczek and J D C Stevenson were each paid £208 (2012 - £208) for the business use of their |
| homes. |
| 2013 | 2012 |
| £ | £ |
| Amount due to related party at the balance sheet date |
| 2013 | 2012 |
| £ | £ |
| Amount due to related party at the balance sheet date |