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Company Registration No. 08433957 (England and Wales)
Apps Logica Ltd Unaudited accounts for the year ended 31 March 2023
Apps Logica Ltd Unaudited accounts Contents
Page
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Apps Logica Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,424 
1,806 
Current assets
Debtors
33,125 
30,000 
Cash at bank and in hand
21,774 
15,770 
54,899 
45,770 
Creditors: amounts falling due within one year
(18,590)
(1,437)
Net current assets
36,309 
44,333 
Total assets less current liabilities
38,733 
46,139 
Creditors: amounts falling due after more than one year
(26,599)
(31,466)
Net assets
12,134 
14,673 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
12,124 
14,663 
Shareholders' funds
12,134 
14,673 
For the year ending 31 March 2023 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 2023 and were signed on its behalf by
Mr Sriramulu Bingi Director Company Registration No. 08433957
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Apps Logica Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Apps Logica Ltd is a private company, limited by shares, registered in England and Wales, registration number 08433957. The registered office is 13 Colley Hill, Bradwell, Milton Keynes, MK13 9BN.
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
These financial statements for the year ended 31 March 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Fixtures & fittings
25% Straightline
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2022
9,700 
Additions
2,193 
At 31 March 2023
11,893 
Depreciation
At 1 April 2022
7,894 
Charge for the year
1,575 
At 31 March 2023
9,469 
Net book value
At 31 March 2023
2,424 
At 31 March 2022
1,806 
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Apps Logica Ltd Notes to the Accounts for the year ended 31 March 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,125 
- 
Other debtors
30,000 
30,000 
33,125 
30,000 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
300 
206 
Taxes and social security
3,439 
6,742 
Other creditors
14,838 
(5,524)
Accruals
13 
13 
18,590 
1,437 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
26,599 
31,466 
8
Average number of employees
During the year the average number of employees was 0 (2022: 2).
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