LOGE LIMITED

Company Registration Number:
SC369864 (Scotland)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

LOGE LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

LOGE LIMITED

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 64,144 66,563
Total fixed assets: 64,144 66,563
Current assets
Stocks: 16,342 13,142
Debtors: 4 37,663 55,832
Cash at bank and in hand: 395,285 549,125
Total current assets: 449,290 618,099
Creditors: amounts falling due within one year: 5 (271,704) (411,054)
Net current assets (liabilities): 177,586 207,045
Total assets less current liabilities: 241,730 273,608
Creditors: amounts falling due after more than one year: 6 (14,104) (29,258)
Provision for liabilities: (11,162) (11,346)
Total net assets (liabilities): 216,464 233,004
Capital and reserves
Called up share capital: 22 22
Other reserves: 28 28
Profit and loss account: 216,414 232,954
Shareholders funds: 216,464 233,004

The notes form part of these financial statements

LOGE LIMITED

Balance sheet statements

For the year ending 31 May 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 30 October 2024
and signed on behalf of the board by:

Name: AJ Maxwell
Status: Director

The notes form part of these financial statements

LOGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 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

LOGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 8 12

LOGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible Assets

Total
Cost £
At 01 June 2023 358,478
Additions 17,803
At 31 May 2024 376,281
Depreciation
At 01 June 2023 291,915
Charge for year 20,222
At 31 May 2024 312,137
Net book value
At 31 May 2024 64,144
At 31 May 2023 66,563

LOGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

LOGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Creditors: amounts falling due within one year note

Trade creditors - £35,643 (2023 - £88,661) Bank loans - £10,000 (2023 - £32951) Hire purchase - £7,663 (2023 - £7,663) Taxation and social security £28,674 (2023 - £37,967) Other creditors £189,724 (2023 - £243,812)

LOGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

6. Creditors: amounts falling due after more than one year note

Bank loans - £10,635 (2023 - £20,584) Hire purchase - £3,469 (2023 - £8,674)

LOGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

7. Loans to directors

Name of director receiving advance or credit: AJ Maxwell
Description of the loan: Director's loan account in credit at 31 May 2024 of £32,834 (2023 - £18,243)
£
Balance at 01 June 2023 18,243
Advances or credits made: 64,000
Advances or credits repaid: 49,409
Balance at 31 May 2024 32,834