IRIS Accounts Production v24.3.2.46 04913854 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false Ordinary A 1.00000 B staff 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh049138542023-09-30049138542024-09-30049138542023-10-012024-09-30049138542022-09-30049138542022-10-012023-09-30049138542023-09-3004913854ns15:EnglandWales2023-10-012024-09-3004913854ns14:PoundSterling2023-10-012024-09-3004913854ns10:Director12023-10-012024-09-3004913854ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3004913854ns10:SmallEntities2023-10-012024-09-3004913854ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3004913854ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3004913854ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3004913854ns10:FullAccounts2023-10-012024-09-3004913854ns10:OrdinaryShareClass22023-10-012024-09-3004913854ns10:OrdinaryShareClass32023-10-012024-09-3004913854ns10:Director22023-10-012024-09-3004913854ns10:Director32023-10-012024-09-3004913854ns10:CompanySecretary12023-10-012024-09-3004913854ns10:RegisteredOffice2023-10-012024-09-3004913854ns5:CurrentFinancialInstruments2024-09-3004913854ns5:CurrentFinancialInstruments2023-09-3004913854ns5:Non-currentFinancialInstruments2024-09-3004913854ns5:Non-currentFinancialInstruments2023-09-3004913854ns5:ShareCapital2024-09-3004913854ns5:ShareCapital2023-09-3004913854ns5:CapitalRedemptionReserve2024-09-3004913854ns5:CapitalRedemptionReserve2023-09-3004913854ns5:RetainedEarningsAccumulatedLosses2024-09-3004913854ns5:RetainedEarningsAccumulatedLosses2023-09-3004913854ns5:LeaseholdImprovements2023-10-012024-09-3004913854ns5:FurnitureFittings2023-10-012024-09-3004913854ns5:MotorVehicles2023-10-012024-09-3004913854ns5:ComputerEquipment2023-10-012024-09-3004913854ns5:LeaseholdImprovements2023-09-3004913854ns5:PlantMachinery2023-09-3004913854ns5:FurnitureFittings2023-09-3004913854ns5:PlantMachinery2023-10-012024-09-3004913854ns5:LeaseholdImprovements2024-09-3004913854ns5:PlantMachinery2024-09-3004913854ns5:FurnitureFittings2024-09-3004913854ns5:LeaseholdImprovements2023-09-3004913854ns5:PlantMachinery2023-09-3004913854ns5:FurnitureFittings2023-09-3004913854ns5:MotorVehicles2023-09-3004913854ns5:ComputerEquipment2023-09-3004913854ns5:MotorVehicles2024-09-3004913854ns5:ComputerEquipment2024-09-3004913854ns5:MotorVehicles2023-09-3004913854ns5:ComputerEquipment2023-09-3004913854ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-09-3004913854ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-09-3004913854ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-10-012024-09-3004913854ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-09-3004913854ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3004913854ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3004913854ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2024-09-3004913854ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2023-09-3004913854ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2024-09-3004913854ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2023-09-3004913854ns5:HirePurchaseContracts2024-09-3004913854ns5:HirePurchaseContracts2023-09-3004913854ns5:WithinOneYear2024-09-3004913854ns5:WithinOneYear2023-09-3004913854ns5:BetweenOneFiveYears2024-09-3004913854ns5:BetweenOneFiveYears2023-09-3004913854ns5:AllPeriods2024-09-3004913854ns5:AllPeriods2023-09-3004913854ns10:OrdinaryShareClass22024-09-3004913854ns10:OrdinaryShareClass32024-09-30
REGISTERED NUMBER: 04913854 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Logo International Limited

Logo International Limited (Registered number: 04913854)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Logo International Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: A Warsop
A Warsop
Miss S Antcliff



SECRETARY: A Warsop



REGISTERED OFFICE: 4 Yorke Street
Hucknall
Nottinghamshire
NG15 7BT



REGISTERED NUMBER: 04913854 (England and Wales)



ACCOUNTANTS: Smith Cookson
Chartered Accountants
4 Yorke Street
Hucknall
Nottinghamshire
NG15 7BT



BANKERS: HSBC
26 Clumber Street
Nottingham
Nottinghamshire
NG1 3GA

Logo International Limited (Registered number: 04913854)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 364,712 374,511

CURRENT ASSETS
Stocks 455,319 422,155
Debtors 5 972,704 1,383,473
Cash at bank and in hand 1,280,127 522,036
2,708,150 2,327,664
CREDITORS
Amounts falling due within one year 6 710,288 749,014
NET CURRENT ASSETS 1,997,862 1,578,650
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,362,574

1,953,161

CREDITORS
Amounts falling due after more than one year 7 (94,091 ) (119,683 )

PROVISIONS FOR LIABILITIES (49,600 ) (57,800 )
NET ASSETS 2,218,883 1,775,678

CAPITAL AND RESERVES
Called up share capital 10 62 62
Capital redemption reserve 58 58
Retained earnings 2,218,763 1,775,558
SHAREHOLDERS' FUNDS 2,218,883 1,775,678

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Logo International Limited (Registered number: 04913854)

Balance Sheet - continued
30 September 2024


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 27 December 2024 and were signed on its behalf by:





A Warsop - Director


Logo International Limited (Registered number: 04913854)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Logo International Limited is a private company, limited by shares , registered in England and Wales. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred 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 or deferred taxation assets and liabilities are not discounted.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Logo International Limited (Registered number: 04913854)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates two defined contribution pension schemes. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 October 2023 33,867 234,919 57,333
Additions - 29,562 1,782
Disposals - (24,588 ) -
At 30 September 2024 33,867 239,893 59,115
DEPRECIATION
At 1 October 2023 5,081 111,212 34,460
Charge for year 4,320 21,031 3,826
Eliminated on disposal - (11,521 ) -
At 30 September 2024 9,401 120,722 38,286
NET BOOK VALUE
At 30 September 2024 24,466 119,171 20,829
At 30 September 2023 28,786 123,707 22,873

Logo International Limited (Registered number: 04913854)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2023 313,438 117,835 757,392
Additions 122,569 3,948 157,861
Disposals (90,628 ) - (115,216 )
At 30 September 2024 345,379 121,783 800,037
DEPRECIATION
At 1 October 2023 116,625 115,503 382,881
Charge for year 65,626 2,912 97,715
Eliminated on disposal (33,750 ) - (45,271 )
At 30 September 2024 148,501 118,415 435,325
NET BOOK VALUE
At 30 September 2024 196,878 3,368 364,712
At 30 September 2023 196,813 2,332 374,511

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 October 2023 171,682
Transfer to ownership 24,840
At 30 September 2024 196,522
DEPRECIATION
At 1 October 2023 58,786
Charge for year 34,434
At 30 September 2024 93,220
NET BOOK VALUE
At 30 September 2024 103,302
At 30 September 2023 112,896

Logo International Limited (Registered number: 04913854)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 717,697 1,080,322
Other debtors 65,488 32,793
Loan to Duo Properties Limited 141,858 224,886
Accrued income - 552
Prepayments 47,661 44,920
972,704 1,383,473

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts (see note 8) 24,482 24,482
Trade creditors 167,098 320,266
Corporation tax 211,796 112,609
Social security and other taxes 12,990 24,142
VAT 133,466 118,569
Other creditors 1,444 1,458
Directors' current accounts 149,056 136,682
Accruals and deferred income 9,956 10,806
710,288 749,014

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts (see note 8) 94,091 119,683

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
30.9.24 30.9.23
£    £   
Net obligations repayable:
Within one year 24,482 24,482
Between one and five years 94,091 119,683
118,573 144,165

Logo International Limited (Registered number: 04913854)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

8. LEASING AGREEMENTS - continued

Non-cancellable operating leases
30.9.24 30.9.23
£    £   
Within one year 67,500 67,500
Between one and five years 168,750 236,250
236,250 303,750

9. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
£    £   
Hire purchase contracts 118,573 144,165

The overdraft is secured by way of a charge over the company's debtors.
The hire purchase is secured against the asset to which it relates.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
52 Ordinary A £1 52 52
10 B staff £1 10 10
62 62

11. RELATED PARTY DISCLOSURES

At the balance sheet date, the company is owed £141,858 (2023: £224885) by Duo Properties Limited. Duo
Properties Limited is a company which is under common control. The loan is on commercial terms and a
commercial rate of interest is charged.
During the year the company made payments to Duo Properties Limited of £6000 (2023:£6000). The payments
were for rental of a storage unit.