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Company Registration No. 07806151 (England and Wales)
Logical Connections Holding Ltd Unaudited accounts for the period from 1 April 2024 to 31 December 2024
Logical Connections Holding Ltd Unaudited accounts Contents
Page
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Logical Connections Holding Ltd Company Information for the period from 1 April 2024 to 31 December 2024
Director
Greig Stuart Balfour Scott
Company Number
07806151 (England and Wales)
Registered Office
Penally House Boscastle Cornwall PL35 0HQ England
Accountants
Blue Cube Accountants Limited 7 High Street Windsor SL4 1LD
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Logical Connections Holding Ltd Statement of financial position as at 31 December 2024
31/12/2024 
31/03/2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
325,000 
336,781 
Current assets
Debtors
47,717 
210,092 
Cash at bank and in hand
266,812 
103,791 
314,529 
313,883 
Creditors: amounts falling due within one year
(16,800)
(26,940)
Net current assets
297,729 
286,943 
Net assets
622,729 
623,724 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
622,629 
623,624 
Shareholders' funds
622,729 
623,724 
For the period ending 31 December 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 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 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 and authorised for issue on 13 March 2025 and were signed on its behalf by
Greig Stuart Balfour Scott Director Company Registration No. 07806151
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Logical Connections Holding Ltd Notes to the Accounts for the period from 1 April 2024 to 31 December 2024
1
Statutory information
Logical Connections Holding Ltd is a private company, limited by shares, registered in England and Wales, registration number 07806151. The registered office is Penally House, Boscastle, Cornwall, PL35 0HQ, England. The company is in the process of being wound up.
2
Accounting policies
Basis of preparation
These financial statements have been prepared in compliance with FRS 102, ’The Financial Reporting Standard applicable to 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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and rebates.
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:
Land & buildings
periodic revaluation to fair value
Fixtures & fittings
33.33% straight line
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 taxation
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.
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Logical Connections Holding Ltd Notes to the Accounts for the period from 1 April 2024 to 31 December 2024
3
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
336,603 
530 
337,133 
Revaluations
(11,603)
- 
(11,603)
Disposals
- 
(530)
(530)
At 31 December 2024
325,000 
- 
325,000 
Depreciation
At 1 April 2024
- 
352 
352 
On disposals
- 
(352)
(352)
At 31 December 2024
- 
- 
- 
Net book value
At 31 December 2024
325,000 
- 
325,000 
At 31 March 2024
336,603 
178 
336,781 
4
Debtors
31/12/2024 
31/03/2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
13,200 
- 
Amounts due from group undertakings etc.
- 
5,000 
Other debtors
34,517 
205,092 
47,717 
210,092 
5
Creditors: amounts falling due within one year
31/12/2024 
31/03/2024 
£ 
£ 
Amounts owed to group undertakings and other participating interests
- 
16,500 
Loans from directors
16,800 
- 
Deferred income
- 
10,440 
16,800 
26,940 
6
Share capital
31/12/2024 
31/03/2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Transactions with related parties
Included in debtors is £nil (2024 - £5,000) owed from The Logical Choice Group. This company is owned and controlled by the director. Included in creditors is £nil (2024 - £16,500) owed to Logical Connections Limited which is a company in liquidation.
8
Average number of employees
During the period the average number of employees was 0 (31/03/2024: 0).
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