MASK LOGIC LTD

Company Registration Number:
SC688636 (Scotland)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

MASK LOGIC LTD

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

MASK LOGIC LTD

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 5,008 9,050
Total fixed assets: 5,008 9,050
Current assets
Debtors:   2,573 4,522
Cash at bank and in hand: 29,336 35,709
Total current assets: 31,909 40,231
Creditors: amounts falling due within one year:   (27,740) (15,170)
Net current assets (liabilities): 4,169 25,061
Total assets less current liabilities: 9,177 34,111
Creditors: amounts falling due after more than one year:   (35,491) (13,708)
Total net assets (liabilities): (26,314) 20,403
Capital and reserves
Called up share capital: 359 253
Share premium account: 334,779 114,679
Other reserves:   15,000
Profit and loss account: (361,452) (109,529)
Shareholders funds: (26,314) 20,403

The notes form part of these financial statements

MASK LOGIC LTD

Balance sheet statements

For the year ending 28 February 2024 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 March 2024
and signed on behalf of the board by:

Name: M Fink
Status: Director

The notes form part of these financial statements

MASK LOGIC LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

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

MASK LOGIC LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

MASK LOGIC LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 13,749
Additions 617
At 28 February 2024 14,366
Depreciation
At 01 March 2023 4,699
Charge for year 4,659
At 28 February 2024 9,358
Net book value
At 28 February 2024 5,008
At 28 February 2023 9,050