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REGISTERED NUMBER: 05485211 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

LOGIKAL GROUP LIMITED

LOGIKAL GROUP LIMITED (REGISTERED NUMBER: 05485211)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LOGIKAL GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mark Peter Smith BA (Hons) FCA
Venetia Anne Smith ACA FCCA





REGISTERED OFFICE: 4 Kings Row
Armstrong Road
Maidstone
Kent
ME15 6AQ





REGISTERED NUMBER: 05485211 (England and Wales)





ACCOUNTANTS: Mackenzies Accountants Limited
Chartered Accountants
1 Langley Court
Pyle Street
Newport
Isle of Wight
PO30 1LA

LOGIKAL GROUP LIMITED (REGISTERED NUMBER: 05485211)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £ £ £
FIXED ASSETS
Tangible assets 4 747,925 760,114
Investments 5 440,322 441,816
1,188,247 1,201,930

CURRENT ASSETS
Debtors 6 15,597 14,552
Cash at bank and in hand 1,106,569 687,455
1,122,166 702,007
CREDITORS
Amounts falling due within one year 7 39,910 81,634
NET CURRENT ASSETS 1,082,256 620,373
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,270,503

1,822,303

CAPITAL AND RESERVES
Called up share capital 8 400 400
Revaluation reserve 11,709 11,709
Retained earnings 2,258,394 1,810,194
SHAREHOLDERS' FUNDS 2,270,503 1,822,303

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

LOGIKAL GROUP LIMITED (REGISTERED NUMBER: 05485211)

BALANCE SHEET - continued
31 MARCH 2025


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 May 2025 and were signed on its behalf by:




Mark Peter Smith BA (Hons) FCA - Director



Venetia Anne Smith ACA FCCA - Director


LOGIKAL GROUP LIMITED (REGISTERED NUMBER: 05485211)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Logikal Group 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Freehold Improvements
property to property Totals
£ £ £
COST OR VALUATION
At 1 April 2024
and 31 March 2025 655,073 121,890 776,963
DEPRECIATION
At 1 April 2024 - 16,849 16,849
Charge for year - 12,189 12,189
At 31 March 2025 - 29,038 29,038
NET BOOK VALUE
At 31 March 2025 655,073 92,852 747,925
At 31 March 2024 655,073 105,041 760,114

LOGIKAL GROUP LIMITED (REGISTERED NUMBER: 05485211)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 31 March 2025 is represented by:

Freehold Improvements
property to property Totals
£ £ £
Valuation in 2020 11,709 - 11,709
Cost 643,364 121,890 765,254
655,073 121,890 776,963

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1 April 2024 441,816
Additions 6
Disposals (1,500 )
At 31 March 2025 440,322
NET BOOK VALUE
At 31 March 2025 440,322
At 31 March 2024 441,816

The company's investments at the Balance Sheet date in the share capital of companies include the following:


Logikal Solutions India Private Limited
Registered office: India
Nature of business: Accountancy and bookkeeping services
%
Class of shares: holding
9,900 Ord shares of 1INR each 99.00
1% is held by the directors
2025 2024
£ £
Aggregate capital and reserves 39,294 37,999
Profit for the year 3,452 3,605

LOGIKAL GROUP LIMITED (REGISTERED NUMBER: 05485211)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


5. FIXED ASSET INVESTMENTS - continued

Easy Money Limited
Registered office: England and Wales
Nature of business: Dormant company
%
Class of shares: holding
1 Ordinary £1 share 100.00
31.3.25 30.4.24
£ £
Aggregate capital and reserves 1 1

Venrec Recruitment (North) Limited
Registered office: England and Wales
Nature of business: Dormant company
%
Class of shares: holding
60 Ordinary B £1 shares 20.00
80% is held by 3rd parties
31.3.25 31.8.24
£ £
Aggregate capital and reserves 301 301
Profit for the period/year - 2,736

Ascentrix Limited
Registered office: England and Wales
Nature of business: Training and Recruitment Group
%
Class of shares: holding
44m Ord x 1p, 4,400 Ord B x 1p 19.01
80.99% is held by 3rd parties
2025 2024
£ £
Aggregate capital and reserves 2,607,685 2,548,047
Profit for the year 1,332,138 780,000

Venrec Group Limited
Registered office: England and Wales
Nature of business: Recruitment consultants
%
Class of shares: holding
20 Ord x £1, 20 Ord A x £1 25.00
75% is held by 3rd parties
2025 2024
£ £
Aggregate capital and reserves 34,062 16,812
Profit for the year 65,450 39,926

LOGIKAL GROUP LIMITED (REGISTERED NUMBER: 05485211)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


5. FIXED ASSET INVESTMENTS - continued

Logikal Outsourcing Limited
Registered office: England and Wales
Nature of business: Accountancy and bookkeeping services
%
Class of shares: holding
8 Ord x £1, 2 Ord c x £1 10.00
90% is held by the directors
2025 2024
£ £
Aggregate capital and reserves 12,752 16,096
Profit for the year 122,996 84,556

Mainstream Fleet Services Limited
Registered office: England and Wales
Nature of business: Temporary staff supplies agency
%
Class of shares: holding
2,200 Ord B x 1p 10.19
89.81% is held by 3rd parties
2025 2024
£ £
Aggregate capital and reserves 194,926 135,026
Profit for the year 59,900 17,919

Mainstream Catering Limited
Registered office: England and Wales
Nature of business: Catering services, ceased November 24
%
Class of shares: holding
1 Ord x £1, 2 Ord C x £1 37.50
62.5% is held by 3rd parties
2025 2024
£ £
Aggregate capital and reserves 716 11,684
(Loss)/profit for the year (3,968 ) 2,150

The company has subscribed for shares in the following trading companies;

Ascentrix Limited £440,046 (holding company of Mainstream Group Ltd - training and recruitment business)
Logikal Solutions India Pvt. Ltd £140 (accountancy services business)
Venrec Group Limited £40 (recruitment agency)
Venrec Recruitment (North) Limited £60 (recruitment agency)
Logikal Outsourcing Limited £10 (accountancy services business)
Mainstream Fleet Services Limited £22 (temporary staff agencies supply)
Mainstream Catering Limited £3 (Catering services - ceased trading November 2024)

In addition it has subscribed to shares in the following non-trading companies;
Easy Money Limited £1

LOGIKAL GROUP LIMITED (REGISTERED NUMBER: 05485211)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Trade debtors - 748
Amounts owed by group undertakings 5,744 5,744
Other debtors 100 5,903
Prepayments and accrued income 9,753 2,157
15,597 14,552

Amounts owed by group companies relates to an amount due from Logikal Solutions India Private Limited of £5,744 (2024: £5,744)


Other debtors £100 (2024: 36,093); consists of a deposit held by Aquaid of £100 (2024: £100), an amount owed by a third party of £Nil (2024: £5,803) and accrued interest receivable of £Nil (2024: £190)

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Trade creditors - 1,066
Amounts owed to group undertakings - 53,371
Tax 24,872 15,575
Social security and other taxes - 59
VAT 3,533 313
Other creditors 11,250 11,250
Directors' current accounts 255 -
39,910 81,634

Amounts owed to group companies consist of an amount due to Logikal Outsourcing Limited of £Nil (2024: £33,371) and Venrec Group Limited of £Nil (2024: £20,000)

Other creditors consists of rent deposits held.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £ £
222 Ordinary £1 222 222
89 Ordinary A £1 89 89
89 Ordinary B £1 89 89
400 400

9. RELATED PARTY DISCLOSURES

The company's freehold properties are let commercially to group companies on usual commercial terms.

LOGIKAL GROUP LIMITED (REGISTERED NUMBER: 05485211)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


10. ULTIMATE CONTROLLING PARTY

No individual is the ultimate controlling party, the directors, each hold 50% of the issued share capital.