LOGIREC LIMITED

Registered Number
13126140
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2024

LOGIREC LIMITED

Company Information
for the year from 1 January 2024 to 31 December 2024


Directors	Karen Debie
	Aisling Sisk


Registered Address	Building 13, Thames Industrial Park, Princess Margaret Road
	East Tilbury
	Tilbury,
	RM18 8RH


Registered Number	13126140 (England and Wales)

LOGIREC LIMITED

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Current assets
Debtors	3	108,913		202,123
Cash at bank and on hand		115,436		93,819
		224,349		295,942
Creditors amounts falling due within one year	4	(223,164)		(262,979)
Net current assets (liabilities)			1,185		32,963
Total assets less current liabilities			1,185		32,963
Net assets			1,185		32,963
Capital and reserves
Called up share capital			2		2
Profit and loss account			1,183		32,961
Shareholders' funds			1,185		32,963

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 25 September 2025, and are signed on its behalf by:

Aisling Sisk
Director

Karen Debie
Director

Registered Company No. 13126140

LOGIREC LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognized when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognized by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognized when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognized by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Defined contribution pension plan
	Contributions to defined contribution plans are expensed in the period to which they relate.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	4		4

3.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	103,289	197,747
Other debtors	5,624	4,376
Total	108,913	202,123

4.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	1,265	3,609
Taxation and social security	90,259	107,895
Other creditors	131,640	151,475
Total	223,164	262,979