Cognitive Box (Consulting) Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 04396409 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

COGNITIVE BOX (CONSULTING) LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

S Doyle

SECRETARY:

Mrs B A Doyle

REGISTERED OFFICE:

9 Worton Park

Cassington

Oxfordshire

OX29 4SX

REGISTERED NUMBER:

04396409 (England and Wales)

ACCOUNTANTS:

Camerons Accountancy Consultants Limited

Chartered Accountants

9, Worton Park

Cassington

Witney

Oxfordshire

OX29 4SX

FIXED ASSETS

Tangible assets

2

3,635

2,567

Investments

3

631

631

4,266

3,198

CURRENT ASSETS

Debtors

4

170,092

238,557

Cash at bank

155,707

71,469

325,799

310,026

CREDITORS

Amounts falling due within one year

91,978

57,071

NET CURRENT ASSETS

233,821

252,955

TOTAL ASSETS LESS CURRENT LIABILITIES

238,087

256,153

CAPITAL AND RESERVES

Called up share capital

5

1

1

Profit and loss account

238,086

256,152

SHAREHOLDERS' FUNDS

238,087

256,153

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 12 August 2016 and were signed by:

S Doyle - Director

1.	ACCOUNTING POLICIES

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 January

2015).

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but

not reversed at the balance sheet date.

Foreign currencies

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

15,815

Additions

2,322

At 31 December 2015

18,137

DEPRECIATION

At 1 January 2015

13,248

Charge for year

1,254

At 31 December 2015

14,502

NET BOOK VALUE

At 31 December 2015

3,635

At 31 December 2014

2,567

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2015

and 31 December 2015

631

NET BOOK VALUE

At 31 December 2015

631

At 31 December 2014

631

The company's investments at the Balance Sheet date in the share capital of companies

include the following:

Cognitive Box Consulting LLC

Country of incorporation: USA

Nature of business: Marketing consulting

%

Class of shares:

holding

Common Stock

100.00

2015

2014

£

£

Aggregate capital and reserves

324,936

247,426

Profit for the year

70,189

14,572

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 40,000

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1

Ordinary

£1

1

1