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Company Registration No. 07247889 (England and Wales)
LOGICA TRADING LTD Unaudited accounts for the year ended 31 May 2022
LOGICA TRADING LTD Unaudited accounts Contents
Page
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LOGICA TRADING LTD Company Information for the year ended 31 May 2022
Director
Martin Mirimo
Company Number
07247889 (England and Wales)
Registered Office
9 BEECH HOUSE LARCH CRESCENT HAYES UB4 9DY
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LOGICA TRADING LTD Statement of financial position as at 31 May 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,011 
1,675 
Current assets
Cash at bank and in hand
767 
3,240 
Creditors: amounts falling due within one year
(2,454)
(400)
Net current (liabilities)/assets
(1,687)
2,840 
Total assets less current liabilities
324 
4,515 
Creditors: amounts falling due after more than one year
(30,249)
(27,757)
Net liabilities
(29,925)
(23,242)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(29,926)
(23,243)
Shareholders' funds
(29,925)
(23,242)
For the year ending 31 May 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 September 2022 and were signed on its behalf by
Martin Mirimo Director Company Registration No. 07247889
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LOGICA TRADING LTD Notes to the Accounts for the year ended 31 May 2022
1
Statutory information
LOGICA TRADING LTD is a private company, limited by shares, registered in England and Wales, registration number 07247889. The registered office is 9 BEECH HOUSE, LARCH CRESCENT, HAYES, UB4 9DY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2021
3,033 
Additions
1,006 
At 31 May 2022
4,039 
Depreciation
At 1 June 2021
1,358 
Charge for the year
670 
At 31 May 2022
2,028 
Net book value
At 31 May 2022
2,011 
At 31 May 2021
1,675 
5
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Loans from directors
2,054 
- 
Accruals
400 
400 
2,454 
400 
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LOGICA TRADING LTD Notes to the Accounts for the year ended 31 May 2022
6
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
9,501 
10,000 
Other creditors
20,748 
17,757 
30,249 
27,757 
7
Average number of employees
During the year the average number of employees was 0 (2021: 0).
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