Company Registration No. SC458345 (Scotland)
GLOBAL LOGIX LIMITED
Unaudited accounts
for the year ended 29 March 2024
GLOBAL LOGIX LIMITED
Unaudited accounts
Contents
GLOBAL LOGIX LIMITED
Company Information
for the year ended 29 March 2024
Director
Raghavan Kasthuri
Company Number
SC458345 (Scotland)
Registered Office
272 BATH STREET
GLASGOW
G2 4JR
SCOTLAND
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
GLOBAL LOGIX LIMITED
Statement of financial position
as at 29 March 2024
Cash at bank and in hand
114,863
110,887
Creditors: amounts falling due within one year
(817)
(325)
Net current assets
114,046
110,562
Net assets
114,046
110,562
Called up share capital
1
1
Profit and loss account
114,045
110,561
Shareholders' funds
114,046
110,562
For the year ending 29 March 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 28 October 2024 and were signed on its behalf by
Raghavan Kasthuri
Director
Company Registration No. SC458345
GLOBAL LOGIX LIMITED
Notes to the Accounts
for the year ended 29 March 2024
GLOBAL LOGIX LIMITED is a private company, limited by shares, registered in Scotland, registration number SC458345. The registered office is 272 BATH STREET, GLASGOW, G2 4JR, SCOTLAND.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
817
325
5
Average number of employees
During the year the average number of employees was 1 (2023: 1).