1 October 2023 false No description of principal activity Taxfiler 2024.6 05149534business:PrivateLimitedCompanyLtd2023-10-012024-09-30 051495342023-09-30 051495342023-10-012024-09-30 05149534business:AuditExemptWithAccountantsReport2023-10-012024-09-30 05149534business:FilletedAccounts2023-10-012024-09-30 051495342024-09-30 05149534business:Director12023-10-012024-09-30 05149534business:RegisteredOffice2023-10-012024-09-30 051495342023-09-30 05149534core:WithinOneYear2024-09-30 05149534core:WithinOneYear2023-09-30 05149534core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 05149534core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 05149534core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 05149534core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 05149534core:PreviouslyStatedAmount2024-09-30 05149534core:PreviouslyStatedAmount2023-09-30 05149534business:SmallEntities2023-10-012024-09-30 05149534countries:EnglandWales2023-10-012024-09-30 05149534core:PlantMachinery2023-09-30 05149534core:ComputerEquipment2023-09-30 05149534core:PlantMachinery2024-09-30 05149534core:ComputerEquipment2024-09-30 05149534core:PlantMachinery2023-10-012024-09-30 05149534core:ComputerEquipment2023-10-012024-09-30 05149534business:OrdinaryShareClass12023-10-012024-09-30 05149534business:OrdinaryShareClass12022-10-012023-09-30 051495342022-10-012023-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 05149534 (England and Wales)
LOGIC VEHICLE SOLUTIONS LTD Unaudited accounts for the year ended 30 September 2024
LOGIC VEHICLE SOLUTIONS LTD Unaudited accounts Contents
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LOGIC VEHICLE SOLUTIONS LTD Company Information for the year ended 30 September 2024
Director
P Bird
Company Number
05149534 (England and Wales)
Registered Office
UNIT 7 CHELMSLEY WOOD INDUSTRIAL ESTATE WATERLOO AVENUE BIRMINGHAM WEST MIDLANDS B37 6QQ
Accountants
Parkers Accountancy And Taxation 590a Kingsbury Road Erdington Birmingham B24 9ND
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LOGIC VEHICLE SOLUTIONS LTD Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
32,933 
38,745 
Current assets
Inventories
1,500 
1,500 
Debtors
629 
710 
Cash at bank and in hand
749,129 
748,544 
751,258 
750,754 
Creditors: amounts falling due within one year
(47,967)
(72,833)
Net current assets
703,291 
677,921 
Net assets
736,224 
716,666 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
736,124 
716,566 
Shareholders' funds
736,224 
716,666 
For the year ending 30 September 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 27 June 2025 and were signed on its behalf by
P Bird Director Company Registration No. 05149534
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LOGIC VEHICLE SOLUTIONS LTD Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
LOGIC VEHICLE SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 05149534. The registered office is UNIT 7 CHELMSLEY WOOD INDUSTRIAL, ESTATE WATERLOO AVENUE, BIRMINGHAM, WEST MIDLANDS, B37 6QQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
46,618 
58,280 
104,898 
At 30 September 2024
46,618 
58,280 
104,898 
Depreciation
At 1 October 2023
28,205 
37,948 
66,153 
Charge for the year
2,762 
3,050 
5,812 
At 30 September 2024
30,967 
40,998 
71,965 
Net book value
At 30 September 2024
15,651 
17,282 
32,933 
At 30 September 2023
18,413 
20,332 
38,745 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
629 
710 
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LOGIC VEHICLE SOLUTIONS LTD Notes to the Accounts for the year ended 30 September 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
3,998 
30,414 
Taxes and social security
43,969 
42,419 
47,967 
72,833 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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