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Company Registration No. 11998060 (England and Wales)
Logos Property Investments Ltd. Unaudited accounts for the year ended 31 May 2025
Logos Property Investments Ltd. Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Logos Property Investments Ltd. Company Information for the year ended 31 May 2025
Directors
Mr O Ikhile Mrs I Ikhile
Company Number
11998060 (England and Wales)
Registered Office
C/O C & N Consults Ltd 207 Streatham High Road London SW16 6EG England
Accountants
Dr Nnamdi Obiosa C & N Consults Ltd 207 Streatham High Road London SW16 6EG
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Logos Property Investments Ltd. for the year ended 31 May 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Logos Property Investments Ltd. for the year ended 31 May 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
This report is made solely to the Board of Directors of Logos Property Investments Ltd., as a body, in accordance with the terms of our engagement letter dated 27 October 2021. Our work has been undertaken solely to prepare for your approval the accounts of Logos Property Investments Ltd. and state those matters that we have agreed to state to the Board of Directors of Logos Property Investments Ltd., as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Logos Property Investments Ltd. and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Logos Property Investments Ltd. has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Logos Property Investments Ltd.. You consider that Logos Property Investments Ltd. is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Logos Property Investments Ltd.. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Dr Nnamdi Obiosa Member in Practice C & N Consults Ltd 207 Streatham High Road London SW16 6EG 11 November 2025
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Logos Property Investments Ltd. Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
50,303
5,792
Investment property
5
815,884
815,884
866,187
821,676
Creditors: amounts falling due within one year
6
(48,365)
(50,100)
Net current liabilities
(48,365)
(50,100)
Total assets less current liabilities
817,822
771,576
Creditors: amounts falling due after more than one year
7
(890,300)
(832,975)
Net liabilities
(72,478)
(61,399)
Capital and reserves
Called up share capital
8
2
2
Profit and loss account
(72,480)
(61,401)
Shareholders' funds
(72,478)
(61,399)
For the year ending 31 May 2025 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 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 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 of Directors and authorised for issue on 11 November 2025 and were signed on its behalf by
Mr O Ikhile Director Company Registration No. 11998060
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Logos Property Investments Ltd. Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Logos Property Investments Ltd. is a private company, limited by shares, registered in England and Wales, registration number 11998060. The registered office is C/O C & N Consults Ltd , 207 Streatham High Road , London, SW16 6EG , England.
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.
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:
Motor vehicles
20% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
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Logos Property Investments Ltd. Notes to the Accounts for the year ended 31 May 2025
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 June 2024
7,700
515
10,304
18,519
Additions
56,776
549
-
57,325
At 31 May 2025
64,476
1,064
10,304
75,844
Depreciation
At 1 June 2024
5,177
352
7,198
12,727
Charge for the year
11,860
178
776
12,814
At 31 May 2025
17,037
530
7,974
25,541
Net book value
At 31 May 2025
47,439
534
2,330
50,303
At 31 May 2024
2,523
163
3,106
5,792
5
Investment property
2025
£
Fair value at 1 June 2024
815,884
At 31 May 2025
815,884
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
6
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
550
550
Loans from directors
41,648
49,550
Deferred income
6,167
-
48,365
50,100
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Loans from directors
890,300
832,975
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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