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REGISTERED NUMBER: 01796238 (England and Wales)















Financial Statements for the Year Ended 28 February 2018

for

Auto Logic Limited

Auto Logic Limited (Registered number: 01796238)






Contents of the Financial Statements
for the Year Ended 28 February 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Auto Logic Limited

Company Information
for the Year Ended 28 February 2018







DIRECTORS: A Hilton
Mrs C Hilton
C C Hilton





SECRETARY: Mrs C Hilton





REGISTERED OFFICE: 994 Astley Street
Dukinfield
Cheshire
SK16 4QX





REGISTERED NUMBER: 01796238 (England and Wales)





ACCOUNTANTS: Lucas Reis Limited
Landmark House
Station Rd
Cheadle Hulme
Cheshire
SK8 7BS

Auto Logic Limited (Registered number: 01796238)

Balance Sheet
28 February 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,188 8,389

CURRENT ASSETS
Stocks 7,033 7,655
Debtors 5 4,543 7,226
Cash at bank and in hand 386 178
11,962 15,059
CREDITORS
Amounts falling due within one year 6 35,747 46,591
NET CURRENT LIABILITIES (23,785 ) (31,532 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(16,597

)

(23,143

)

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 7 (16,599 ) (23,145 )
SHAREHOLDERS' FUNDS (16,597 ) (23,143 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the Board of Directors on 13 November 2018 and were signed on its behalf
by:





A Hilton - Director


Auto Logic Limited (Registered number: 01796238)

Notes to the Financial Statements
for the Year Ended 28 February 2018

1. STATUTORY INFORMATION

Auto Logic 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.

2. ACCOUNTING POLICIES

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

Changes in accounting policies
This is the first year that Auto Logic Ltd has presented its results under FRS 102.
The date of transition to FRS 102 was 1st March 2015.
As in all respects, the accounting policies in prior and in current year are consistent with FRS 102, so this
resulted in no adjustment on transition to FRS 102.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance and 5% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 profit or loss in the period to which they relate.

Auto Logic Limited (Registered number: 01796238)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2018

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2017 - 5 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and
property machinery Totals
£    £    £   
COST
At 1 March 2017
and 28 February 2018 11,712 90,249 101,961
DEPRECIATION
At 1 March 2017 8,150 85,422 93,572
Charge for year 586 615 1,201
At 28 February 2018 8,736 86,037 94,773
NET BOOK VALUE
At 28 February 2018 2,976 4,212 7,188
At 28 February 2017 3,562 4,827 8,389

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 4,543 7,226

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Bank loans and overdrafts - 1,170
Trade creditors 4,593 5,467
Taxation and social security 929 2,589
Other creditors 30,225 37,365
35,747 46,591

7. RESERVES
Retained
earnings
£   

At 1 March 2017 (23,145 )
Profit for the year 6,546
At 28 February 2018 (16,599 )

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party during the current, and previous, year were the directors Mr & Mrs Hilton by
virtue of their joint ownership of all of the issued ordinary share capital of the company.