Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31true2022-03-11The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2falseThe principal activity was that of IT consultancy services.true 13971941 2022-03-10 13971941 2022-03-11 2023-03-31 13971941 2021-03-11 2022-03-10 13971941 2023-03-31 13971941 c:Director1 2022-03-11 2023-03-31 13971941 d:OfficeEquipment 2022-03-11 2023-03-31 13971941 d:OfficeEquipment 2023-03-31 13971941 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-03-11 2023-03-31 13971941 d:ComputerEquipment 2022-03-11 2023-03-31 13971941 d:ComputerEquipment 2023-03-31 13971941 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-03-11 2023-03-31 13971941 d:OwnedOrFreeholdAssets 2022-03-11 2023-03-31 13971941 d:CurrentFinancialInstruments 2023-03-31 13971941 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13971941 d:ShareCapital 2023-03-31 13971941 d:RetainedEarningsAccumulatedLosses 2023-03-31 13971941 c:OrdinaryShareClass1 2022-03-11 2023-03-31 13971941 c:OrdinaryShareClass1 2023-03-31 13971941 c:OrdinaryShareClass2 2022-03-11 2023-03-31 13971941 c:OrdinaryShareClass2 2023-03-31 13971941 c:FRS102 2022-03-11 2023-03-31 13971941 c:AuditExempt-NoAccountantsReport 2022-03-11 2023-03-31 13971941 c:FullAccounts 2022-03-11 2023-03-31 13971941 c:PrivateLimitedCompanyLtd 2022-03-11 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13971941









LOGIBOX LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2023

 
LOGIBOX LIMITED
REGISTERED NUMBER: 13971941

BALANCE SHEET
AS AT 31 MARCH 2023

2023
Note
£

FIXED ASSETS
  

Tangible assets
 4 
2,987

  
2,987

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
73

Cash at bank and in hand
  
7,662

  
7,735

Creditors: amounts falling due within one year
 6 
(11,375)

NET CURRENT LIABILITIES
  
 
 
(3,640)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
(653)

  

NET LIABILITIES
  
(653)


CAPITAL AND RESERVES
  

Called up share capital 
  
1

Profit and loss account
  
(654)

  
(653)


Page 1

 
LOGIBOX LIMITED
REGISTERED NUMBER: 13971941
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




A J Rowland
Director

Date: 13 October 2023

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
LOGIBOX LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

1.


GENERAL INFORMATION

Logibox Limited is a private company limited by shares and incorporated in England and Wales on 11 March 2022. Its registered office address is Salisbury House, Station Road, Cambridge, CB1 2LA.
The Company's functional and presentational currency is GBP.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

GOING CONCERN

The Company had net liabilities as at the balance sheet date. The financial statements are prepared on the going concern basis on the assumption that the Company will continue to receive financial support from its directors and shareholders to provide sufficient funds to enable it to meet its liabilities as they fall due.

 
2.3

TURNOVER

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
LOGIBOX LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

2.ACCOUNTING POLICIES (CONTINUED)


2.4
TANGIBLE FIXED ASSETS (CONTINUED)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
25%
straight-line
Computer equipment
-
25%
straight-line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

DEBTORS

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
LOGIBOX LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

2.ACCOUNTING POLICIES (CONTINUED)

 
2.8

TAXATION

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the period was 2.

Page 5

 
LOGIBOX LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

4.


TANGIBLE FIXED ASSETS





Office equipment
Computer equipment
Total

£
£
£



COST OR VALUATION


Additions
250
3,097
3,347



At 31 March 2023

250
3,097
3,347



DEPRECIATION


Charge for the period on owned assets
41
319
360



At 31 March 2023

41
319
360



NET BOOK VALUE



At 31 March 2023
209
2,778
2,987

Page 6

 
LOGIBOX LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

5.


DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
£


Other debtors
73

73



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
£

Trade creditors
158

Other creditors
9,267

Accruals and deferred income
1,950

11,375



7.


SHARE CAPITAL

2023
£
ALLOTTED, CALLED UP AND FULLY PAID


76 Ordinary A shares of £0.01 each
0.76
24 Ordinary B shares of £0.01 each
0.24

1.00


On incorporation the Company issued 76 Ordinary A shares of £0.01 each and 24 Ordinary B shares of £0.01 shares each at par.

 
Page 7