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Company Registration No. 11845613 (England and Wales)
LOGO Home Ltd Unaudited accounts for the year ended 29 February 2024
LOGO Home Ltd Unaudited accounts Contents
Page
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LOGO Home Ltd Company Information for the year ended 29 February 2024
Director
Damian Szostak
Company Number
11845613 (England and Wales)
Registered Office
6 BROOKS CLOSE QUEDGELEY GLOUCESTER GL2 2JQ ENGLAND
Accountants
JV Accountancy Ltd 2 Firbank Drive Woking Surrey GU21 7QT
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LOGO Home Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,888 
2,003 
Current assets
Debtors
4,846 
5,591 
Cash at bank and in hand
14,255 
20,369 
19,101 
25,960 
Creditors: amounts falling due within one year
(17,892)
(20,517)
Net current assets
1,209 
5,443 
Total assets less current liabilities
4,097 
7,446 
Creditors: amounts falling due after more than one year
(4,256)
(7,605)
Net liabilities
(159)
(159)
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
(359)
(359)
Shareholders' funds
(159)
(159)
For the year ending 29 February 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 30 September 2024 and were signed on its behalf by
Damian Szostak Director Company Registration No. 11845613
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LOGO Home Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
LOGO Home Ltd is a private company, limited by shares, registered in England and Wales, registration number 11845613. The registered office is 6 BROOKS CLOSE, QUEDGELEY, GLOUCESTER, GL2 2JQ, ENGLAND.
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:
Plant & machinery
25% RB
Fixtures & fittings
25% RB
Computer equipment
25% RB
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
167 
199 
2,441 
2,807 
Additions
1,419 
- 
- 
1,419 
At 29 February 2024
1,586 
199 
2,441 
4,226 
Depreciation
At 1 March 2023
96 
50 
658 
804 
Charge for the year
51 
37 
446 
534 
At 29 February 2024
147 
87 
1,104 
1,338 
Net book value
At 29 February 2024
1,439 
112 
1,337 
2,888 
At 28 February 2023
71 
149 
1,783 
2,003 
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LOGO Home Ltd Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
(543)
1,941 
Other debtors
5,389 
3,650 
4,846 
5,591 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,590 
3,589 
VAT
1,909 
3,154 
Trade creditors
683 
2,339 
Taxes and social security
4,383 
6,689 
Other creditors
6,577 
3,919 
Loans from directors
- 
77 
Accruals
750 
750 
17,892 
20,517 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,256 
7,605 
8
Transactions with related parties
At the year end the director owed £2,624.16 to the company. This amount was repaid to the company on 22/09/2024
9
Controlling party
The company was under the control of Mr D. Szostak throughout the year, Mr D. Szostak is the majority shareholder.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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