Company Registration No. 06859373 (England and Wales)
Logixworks Ltd
Unaudited accounts
for the year ended 31 March 2024
Logixworks Ltd
Unaudited accounts
Contents
Logixworks Ltd
Company Information
for the year ended 31 March 2024
Directors
Mr. J Henderson
Ms. E Teh
Company Number
06859373 (England and Wales)
Registered Office
19 Lomond Close
Tamworth
B79 8ET
England
Accountants
Sage Accounting Ltd
19 Lomond Close
Tamworth
Staffordshire
United Kingdom
B79 8ET
Logixworks Ltd
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
13,990
94,574
Creditors: amounts falling due within one year
(24,096)
(34,437)
Net current assets
5,369
74,987
Called up share capital
2
2
Profit and loss account
5,367
75,113
Shareholders' funds
5,369
75,115
For the year ending 31 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 directors acknowledge their 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 of Directors and authorised for issue on 29 November 2024 and were signed on its behalf by
Mr. J Henderson
Director
Company Registration No. 06859373
Logixworks Ltd
Notes to the Accounts
for the year ended 31 March 2024
Logixworks Ltd is a private company, limited by shares, registered in England and Wales, registration number 06859373. The registered office is 19 Lomond Close, Tamworth, B79 8ET , 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.
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.
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:
Computer equipment
3 years straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
513
3,628
4,141
At 31 March 2024
513
3,628
4,141
At 1 April 2023
385
3,628
4,013
Charge for the year
128
-
128
At 31 March 2024
513
3,628
4,141
At 31 March 2023
128
-
128
Amounts falling due within one year
Accrued income and prepayments
11,275
14,850
Logixworks Ltd
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
13,688
23,554
Loans from directors
963
651
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).