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REGISTERED NUMBER: 02948603 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2022

for

Logik (UK) Limited

Logik (UK) Limited (Registered number: 02948603)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

Logik (UK) Limited

Company Information
for the Year Ended 31 March 2022







DIRECTOR: J G Cripps





SECRETARY: Mrs A C Cripps





REGISTERED OFFICE: 1 Sturmey Drive
Fleet
Hampshire
GU51 1GP





REGISTERED NUMBER: 02948603 (England and Wales)





ACCOUNTANTS: Johnston Wood Roach Limited
24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ

Logik (UK) Limited (Registered number: 02948603)

Balance Sheet
31 March 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16 15,723

CURRENT ASSETS
Debtors 5 6 5,321
Cash at bank 178,754 127,650
178,760 132,971
CREDITORS
Amounts falling due within one year 6 14,731 13,295
NET CURRENT ASSETS 164,029 119,676
TOTAL ASSETS LESS CURRENT
LIABILITIES

164,045

135,399

PROVISIONS FOR LIABILITIES 3 2,987
NET ASSETS 164,042 132,412

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 163,942 132,312
SHAREHOLDERS' FUNDS 164,042 132,412

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 30 August 2022 and were signed by:




J G Cripps - Director


Logik (UK) Limited (Registered number: 02948603)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

Logik (UK) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


Accounts are rounded to the nearest pound.

The accounts represent the company as an individual entity.

2. ACCOUNTING POLICIES

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

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

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 - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2021 88,814 264 3,272 92,350
Disposals (88,000 ) - - (88,000 )
At 31 March 2022 814 264 3,272 4,350
DEPRECIATION
At 1 April 2021 73,137 259 3,231 76,627
Charge for year 4 - 41 45
Eliminated on disposal (72,338 ) - - (72,338 )
At 31 March 2022 803 259 3,272 4,334
NET BOOK VALUE
At 31 March 2022 11 5 - 16
At 31 March 2021 15,677 5 41 15,723

Logik (UK) Limited (Registered number: 02948603)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Other debtors 6 5,321

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Taxation and social security 10,872 9,621
Other creditors 3,859 3,674
14,731 13,295

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.22 31.3.21
value: £    £   
100 Ordinary £1 100 100

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the end of the period the company owed it's Director £1,616

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J G Cripps.

Logik (UK) Limited

Report of the Accountants to the Director of
Logik (UK) Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2022 set out on pages three to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Johnston Wood Roach Limited
24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ


Date: .............................................