Company Registration No. 7420049 (England and Wales)
Keith Logan Ltd
Unaudited accounts
for the year ended 5 April 2024
Keith Logan Ltd
Unaudited accounts
Contents
Keith Logan Ltd
Company Information
for the year ended 5 April 2024
Company Number
7420049 (England and Wales)
Registered Office
70 MARKET STREET
DALTON-IN-FURNESS
CUMBRIA
LA15 8AA
Accountants
Smeaton & Holmes Ltd
70 Market Street
Dalton-in-Furness
Cumbria
LA15 8AA
Keith Logan Ltd
Statement of financial position
as at 5 April 2024
Tangible assets
47,284
1,752
Cash at bank and in hand
34,869
13,800
Creditors: amounts falling due within one year
(56,533)
(14,368)
Net current liabilities
(21,664)
(568)
Total assets less current liabilities
25,620
1,184
Creditors: amounts falling due after more than one year
(24,634)
-
Called up share capital
1
1
Profit and loss account
985
1,183
Shareholders' funds
986
1,184
For the year ending 5 April 2024 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 16 August 2024 and were signed on its behalf by
Keith Logan
Director
Company Registration No. 7420049
Keith Logan Ltd
Notes to the Accounts
for the year ended 5 April 2024
Keith Logan Ltd is a private company, limited by shares, registered in England and Wales, registration number 7420049. The registered office is 70 MARKET STREET, DALTON-IN-FURNESS, CUMBRIA, LA15 8AA.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 6 April 2023
500
4,605
5,105
At 5 April 2024
46,469
4,605
51,074
At 6 April 2023
488
2,865
3,353
Charge for the year
3
434
437
At 5 April 2024
491
3,299
3,790
At 5 April 2024
45,978
1,306
47,284
At 5 April 2023
12
1,740
1,752
Keith Logan Ltd
Notes to the Accounts
for the year ended 5 April 2024
5
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
4,751
-
Taxes and social security
119
694
Loans from directors
51,663
13,674
6
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
24,634
-
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).