Acorah Software Products - Accounts Production 16.0.110 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 04367256 Mr Andrew Davidson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04367256 2023-09-30 04367256 2024-09-30 04367256 2023-10-01 2024-09-30 04367256 frs-core:Non-currentFinancialInstruments 2024-09-30 04367256 frs-core:ComputerEquipment 2024-09-30 04367256 frs-core:ComputerEquipment 2023-10-01 2024-09-30 04367256 frs-core:ComputerEquipment 2023-09-30 04367256 frs-core:FurnitureFittings 2024-09-30 04367256 frs-core:FurnitureFittings 2023-10-01 2024-09-30 04367256 frs-core:FurnitureFittings 2023-09-30 04367256 frs-core:PlantMachinery 2024-09-30 04367256 frs-core:PlantMachinery 2023-10-01 2024-09-30 04367256 frs-core:PlantMachinery 2023-09-30 04367256 frs-core:ShareCapital 2024-09-30 04367256 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 04367256 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04367256 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 04367256 frs-bus:SmallEntities 2023-10-01 2024-09-30 04367256 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 04367256 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 04367256 frs-bus:Director1 2023-10-01 2024-09-30 04367256 frs-countries:EnglandWales 2023-10-01 2024-09-30 04367256 2022-09-30 04367256 2023-09-30 04367256 2022-10-01 2023-09-30 04367256 frs-core:Non-currentFinancialInstruments 2023-09-30 04367256 frs-core:ShareCapital 2023-09-30 04367256 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 04367256
Logic Software Design Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
James Khan
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04367256
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,615 2,684
1,615 2,684
CURRENT ASSETS
Debtors 46,092 37,579
Cash at bank and in hand 379,792 311,582
425,884 349,161
Creditors: Amounts Falling Due Within One Year (56,674 ) (60,114 )
NET CURRENT ASSETS (LIABILITIES) 369,210 289,047
TOTAL ASSETS LESS CURRENT LIABILITIES 370,825 291,731
Creditors: Amounts Falling Due After More Than One Year (17,336 ) (19,167 )
NET ASSETS 353,489 272,564
CAPITAL AND RESERVES
Called up share capital 5 1,100 1,100
Profit and Loss Account 352,389 271,464
SHAREHOLDERS' FUNDS 353,489 272,564
Page 1
Page 2
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Andrew Davidson
Director
29/11/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Logic Software Design Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04367256 . The registered office is Unit 2, Talbot Green Business Centre Heol Y Twyn, Talbot Green, CF72 9FG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Research and Development
Expenditure on research and development is written off in the year it is incurred.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 33% straight line
Fixtures & Fittings 10% straight line
Computer Equipment 33% straight line
2.5. Taxation
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 6)
5 6
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 October 2023 86,383 21,405 18,802 126,590
Additions - - 1,248 1,248
As at 30 September 2024 86,383 21,405 20,050 127,838
Depreciation
As at 1 October 2023 86,383 21,260 16,263 123,906
Provided during the period - 73 2,244 2,317
As at 30 September 2024 86,383 21,333 18,507 126,223
Net Book Value
As at 30 September 2024 - 72 1,543 1,615
As at 1 October 2023 - 145 2,539 2,684
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,100 1,100
Page 4