MICROLOGIC COMPUTER SUPPLIES LIMITED

Company Registration Number:
03566209 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

MICROLOGIC COMPUTER SUPPLIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

MICROLOGIC COMPUTER SUPPLIES LIMITED

Company Information

for the Period Ended 31 May 2023




Director: J.S. Gill
Registered office: 12
Constance Street
International House
London
England
E16 2DQ
Company Registration Number: 03566209 (England and Wales)

MICROLOGIC COMPUTER SUPPLIES LIMITED

Balance sheet

As at 31 May 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 873 873
Total fixed assets: 873 873
Current assets
Debtors: 5 15,539 17,315
Cash at bank and in hand: 529 482
Total current assets: 16,068 17,797
Creditors: amounts falling due within one year: 6 ( 18,343 ) ( 12,381 )
Net current assets (liabilities): ( 2,275 ) 5,416
Total assets less current liabilities: ( 1,402 ) 6,289
Creditors: amounts falling due after more than one year: 7 ( 18,894 ) ( 21,976 )
Total net assets (liabilities): ( 20,296 ) ( 15,687 )

The notes form part of these financial statements

MICROLOGIC COMPUTER SUPPLIES LIMITED

Balance sheet continued

As at 31 May 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 10,000 10,000
Profit and loss account: ( 30,296 ) ( 25,687 )
Shareholders funds: ( 20,296 ) ( 15,687 )

For the year ending 31 May 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 29 February 2024
And Signed On Behalf Of The Board By:

Name: J.S. Gill
Status: Director

The notes form part of these financial statements

MICROLOGIC COMPUTER SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover is the revenue of service and goods excluded of VAT

MICROLOGIC COMPUTER SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

MICROLOGIC COMPUTER SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 3. Off balance sheet disclosure

    No

MICROLOGIC COMPUTER SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Tangible assets

Plant & machinery Total
Cost £ £
At 01 June 2022 873 873
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 May 2023 873 873
Depreciation
At 01 June 2022 0 0
Charge for year - -
On disposals - -
Other adjustments - -
At 31 May 2023 0 0
Net book value
At 31 May 2023 873 873
At 31 May 2022 873 873

MICROLOGIC COMPUTER SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Debtors


2023
£

2022
£
Other debtors 15,539 17,315
Total 15,539 17,315

MICROLOGIC COMPUTER SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 2,889
Trade creditors 1,134
Taxation and social security 4,433 3,427
Accruals and deferred income 5,181 7,820
Other creditors 5,840
Total 18,343 12,381

MICROLOGIC COMPUTER SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 18,894 21,976
Total 18,894 21,976