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REGISTERED NUMBER: 09997713 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

LOGIKAL OUTSOURCING LIMITED

LOGIKAL OUTSOURCING LIMITED (REGISTERED NUMBER: 09997713)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LOGIKAL OUTSOURCING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: Mrs V A Smith ACA FCCA





REGISTERED OFFICE: 1 Langley Court
Pyle Street
Newport
Isle of Wight
PO30 1LA





REGISTERED NUMBER: 09997713 (England and Wales)





ACCOUNTANTS: Mackenzies, a Xeinadin company
1 Langley Court
Pyle Street
Newport
Isle of Wight
PO30 1LA

LOGIKAL OUTSOURCING LIMITED (REGISTERED NUMBER: 09997713)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £ £ £
FIXED ASSETS
Tangible assets 4 542 325

CURRENT ASSETS
Debtors 5 6,712 45,156
Cash at bank 66,741 12,393
73,453 57,549
CREDITORS
Amounts falling due within one year 6 61,243 41,778
NET CURRENT ASSETS 12,210 15,771
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,752

16,096

CAPITAL AND RESERVES
Called up share capital 7 100 40
Retained earnings 12,652 16,056
SHAREHOLDERS' FUNDS 12,752 16,096

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 director acknowledges her 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 May 2025 and were signed by:





Mrs V A Smith ACA FCCA - Director


LOGIKAL OUTSOURCING LIMITED (REGISTERED NUMBER: 09997713)

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


1. STATUTORY INFORMATION

Logikal Outsourcing 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.

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.
Fixtures and fittings - Straight line over 10 years

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£
COST
At 1 April 2024 325
Additions 315
At 31 March 2025 640
DEPRECIATION
Charge for year 98
At 31 March 2025 98
NET BOOK VALUE
At 31 March 2025 542
At 31 March 2024 325

LOGIKAL OUTSOURCING LIMITED (REGISTERED NUMBER: 09997713)

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


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Trade debtors 6,366 7,038
Amounts owed by group undertakings - 38,118
Prepayments 346 -
6,712 45,156

Amounts owed by group companies consist of amounts due from Logikal Solutions India Pvt. Limited of £Nil (2024: £4,747) and from Logikal Group Limited of £Nil (2024: £33,371). Both of these companies are under the common control of the directors.

Trade debtors includes an amount of £6,366 (2024: £5,238) due from Mackenzies Accountants Limited, a company in which Venetia Smith is a director.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Trade creditors 46 388
Amounts owed to group undertakings 5,634 -
Tax 41,239 28,231
Social security and other taxes 712 1,210
VAT 12,688 11,372
Other creditors - 115
Directors' current accounts 924 462
61,243 41,778

Amounts owed to group companies consist of £5,634 (2024: £Nil) due to Logikal Solutions India Pvt. Ltd.

Other creditors relates to pension contributions payable of £Nil (2024: £115).

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £ £
80 Ordinary £1 80 20
9 Ordinary A £1 9 9
9 Ordinary B £1 9 9
2 Ordinary C £1 2 2
100 40

The following shares were issued during the year for cash at par :

60 Ordinary shares of £1

LOGIKAL OUTSOURCING LIMITED (REGISTERED NUMBER: 09997713)

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


8. RELATED PARTY DISCLOSURES

The company provided professional services to Mainstream Training Limited, Mainstream Fleet Services Limited, Mainstream Catering Limited, Mainstream Group Limited, Ascentrix Limited, Venrec Group Limited, Logikal Solution India Pvt. Limited and Logikal Group Limited, companies in which Venetia Smith acts as director and has either a direct or indirect interest in the share capital. All fees charged to these companies were at open market values.

The company also provided professional services to Mackenzies Accountants Limited a company in which Venetia Smith acts as director and in which she held an interest in the share capital until 31st May 2024. All fees charged were at open market values.

At the year end the following balances were owed:
£5,634 owed to Logikal Solutions India Pvt Ltd (2024: £4,747 owed by Logikal Solutions India Pvt Ltd)
£Nil (2024: £33,371) owed by Logikal Group Limited
£6,366 (2024: £5,238) owed by Mackenzies Accountants Limited

During the year the company paid rent of £14,400 (2024: £14,400) to Logikal Group Limited and a rent of £2,910 (2024: £5,820) to Mackenzies Accountants Limited. The company also paid £Nil (2024: £8,011) for IT support to Mackenzies Accountants Limited. All transactions were at open market value on commercial terms.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs Venetia Anne Smith.