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REGISTERED NUMBER: SC760516 (Scotland)















LOGICAL FILMS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 28 FEBRUARY 2023 TO 28 FEBRUARY 2024






LOGICAL FILMS LTD (REGISTERED NUMBER: SC760516)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Period 28 February 2023 to 28 February 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LOGICAL FILMS LTD

COMPANY INFORMATION
For The Period 28 February 2023 to 28 February 2024







DIRECTORS: G M Barclay
C Bell





REGISTERED OFFICE: 2/2 29 Laurel Street
Glasgow
G11 7QS





REGISTERED NUMBER: SC760516 (Scotland)





ACCOUNTANTS: Benham Conway & Co
16 Royal Crescent
Glasgow
G3 7SL

LOGICAL FILMS LTD (REGISTERED NUMBER: SC760516)

BALANCE SHEET
28 February 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 11,950

CURRENT ASSETS
Debtors 5 161
Cash at bank 5,760
5,921
CREDITORS
Amounts falling due within one year 6 6,830
NET CURRENT LIABILITIES (909 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,041

CAPITAL AND RESERVES
Called up share capital 7 2
Retained earnings 11,039
SHAREHOLDERS' FUNDS 11,041

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 January 2025 and were signed on its behalf by:





C Bell - Director


LOGICAL FILMS LTD (REGISTERED NUMBER: SC760516)

NOTES TO THE FINANCIAL STATEMENTS
For The Period 28 February 2023 to 28 February 2024


1. STATUTORY INFORMATION

Logical Films Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents services provided during the period, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Taxation
Taxation for the period comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 15,933
At 28 February 2024 15,933
DEPRECIATION
Charge for period 3,983
At 28 February 2024 3,983
NET BOOK VALUE
At 28 February 2024 11,950

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 161

LOGICAL FILMS LTD (REGISTERED NUMBER: SC760516)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Period 28 February 2023 to 28 February 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 5,870
Other creditors 960
6,830

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
2 Ordinary Shares £1 2