Caseware UK (AP4) 2024.0.164 2024.0.164 2025-01-312025-01-312025-05-02The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-02-01No description of principal activityfalse12truetruefalse 07900293 2024-02-01 2025-01-31 07900293 2023-02-01 2024-01-31 07900293 2025-01-31 07900293 2024-01-31 07900293 c:Director1 2024-02-01 2025-01-31 07900293 d:MotorVehicles 2024-02-01 2025-01-31 07900293 d:MotorVehicles 2025-01-31 07900293 d:MotorVehicles 2024-01-31 07900293 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 07900293 d:OfficeEquipment 2024-02-01 2025-01-31 07900293 d:OfficeEquipment 2025-01-31 07900293 d:OfficeEquipment 2024-01-31 07900293 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 07900293 d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 07900293 d:Goodwill 2025-01-31 07900293 d:Goodwill 2024-01-31 07900293 d:CurrentFinancialInstruments 2025-01-31 07900293 d:CurrentFinancialInstruments 2024-01-31 07900293 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 07900293 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 07900293 d:ShareCapital 2025-01-31 07900293 d:ShareCapital 2024-01-31 07900293 d:RetainedEarningsAccumulatedLosses 2025-01-31 07900293 d:RetainedEarningsAccumulatedLosses 2024-01-31 07900293 c:FRS102 2024-02-01 2025-01-31 07900293 c:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 07900293 c:FullAccounts 2024-02-01 2025-01-31 07900293 c:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 07900293 d:AcceleratedTaxDepreciationDeferredTax 2025-01-31 07900293 d:AcceleratedTaxDepreciationDeferredTax 2024-01-31 07900293 2 2024-02-01 2025-01-31 07900293 e:PoundSterling 2024-02-01 2025-01-31 iso4217:GBP xbrli:pure

Registered number: 07900293










LOGIC PRINT LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2025

 
LOGIC PRINT LIMITED
REGISTERED NUMBER: 07900293

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2025

2025
2024
£
£

Fixed assets
  

Tangible assets
 5 
8,118
10,121

  
8,118
10,121

Current assets
  

Debtors: amounts falling due within one year
 6 
31,119
7,802

Cash at bank and in hand
  
56,288
83,636

  
87,407
91,438

Creditors: amounts falling due within one year
 7 
(9,777)
(13,557)

Net current assets
  
 
 
77,630
 
 
77,881

Total assets less current liabilities
  
85,748
88,002

Provisions for liabilities
  

Deferred tax
 8 
(1,542)
(1,923)

  
 
 
(1,542)
 
 
(1,923)

Net assets
  
84,206
86,079


Capital and reserves
  

Called up share capital 
  
20
20

Profit and loss account
  
84,186
86,059

  
84,206
86,079


Page 1

 
LOGIC PRINT LIMITED
REGISTERED NUMBER: 07900293
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 2 May 2025.




M Wodcke
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
LOGIC PRINT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1.Accounting policies

 
1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The presentational currency is GBP.

The following principal accounting policies have been applied:

 
1.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
1.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
1.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
LOGIC PRINT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1.Accounting policies (continued)

 
1.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
1.6

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
1.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
LOGIC PRINT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1.Accounting policies (continued)


1.7
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the following method.


Motor vehicles
-
25% reducing balance
Office equipment
-
33% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
1.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
1.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
1.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
1.11

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
1.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 5

 
LOGIC PRINT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.


General information

Logic Print Limited is a private company, limited by shares and incorporated in England.
Its registered number is: 07900293
Its Registered Office is: 
Invision House
Wilbury Way
Hitchin
Hertfordshire
SG4 0TY


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 2).


4.


Intangible assets




Goodwill

£



Cost


At 1 February 2024
20,000



At 31 January 2025

20,000



Amortisation


At 1 February 2024
20,000



At 31 January 2025

20,000



Net book value



At 31 January 2025
-



At 31 January 2024
-



Page 6

 
LOGIC PRINT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

5.


Tangible fixed assets





Motor vehicles
Office equipment
Total

£
£
£



Cost or valuation


At 1 February 2024
23,990
3,620
27,610


Additions
-
791
791


Disposals
-
(3,620)
(3,620)



At 31 January 2025

23,990
791
24,781



Depreciation


At 1 February 2024
13,869
3,620
17,489


Charge for the year on owned assets
2,530
264
2,794


Disposals
-
(3,620)
(3,620)



At 31 January 2025

16,399
264
16,663



Net book value



At 31 January 2025
7,591
527
8,118



At 31 January 2024
10,121
-
10,121


6.


Debtors

2025
2024
£
£


Trade debtors
27,825
4,944

Amounts owed by related companies
2,593
2,593

Other debtors
394
-

Prepayments and accrued income
307
265

31,119
7,802


Page 7

 
LOGIC PRINT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

7.


Creditors: Amounts falling due within one year

2025
2024
£
£

Trade creditors
130
195

Corporation tax
4,633
5,943

Other taxation and social security
-
311

Other creditors
3,654
5,748

Accruals and deferred income
1,360
1,360

9,777
13,557



8.


Deferred taxation




2025


£






At beginning of year
(1,923)


Charged to profit or loss
381



At end of year
(1,542)

The provision for deferred taxation is made up as follows:

2025
2024
£
£


Accelerated capital allowances
(1,542)
(1,923)

(1,542)
(1,923)

 
Page 8