REGISTERED NUMBER: SC270874 (Scotland)

Financial Statements for the Year Ended 31 January 2025

for

Superlogo Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A K Dall

SECRETARY:

S Willis

REGISTERED OFFICE:

Unit 18/2B Dryden Road

Bilston Glen Industrial Estate

EDINBURGH

Midlothian

EH20 9LZ

REGISTERED NUMBER:

SC270874 (Scotland)

ACCOUNTANT:

Hazel Lauder

Chartered Accountant

One St Colme Street

Edinburgh

Lothian

EH3 6AA

SOLICITORS:

Anderson Strathearn WS

48 Castle Street

Edinburgh

EH2 3LX

FIXED ASSETS

Tangible assets

4

28,458

39,126

Investment property

5

-

320,000

28,458

359,126

CURRENT ASSETS

Stocks

1,863

907

Debtors

6

189,445

134,043

Cash at bank

81,905

21,982

273,213

156,932

CREDITORS

Amounts falling due within one year

7

179,988

256,089

NET CURRENT ASSETS/(LIABILITIES)

93,225

(99,157

)

TOTAL ASSETS LESS CURRENT LIABILITIES

121,683

259,969

CREDITORS

Amounts falling due after more than one year

8

-

(34,000

)

PROVISIONS FOR LIABILITIES

(6,829

)

(42,777

)

ACCRUALS AND DEFERRED INCOME

(13,873

)

(27,909

)

NET ASSETS

100,981

155,283

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

10

100,980

155,282

SHAREHOLDERS' FUNDS

100,981

155,283

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 November 2025 and were signed by:

A K Dall - Director

1.	STATUTORY INFORMATION

Superlogo Limited is a private company, limited by shares , registered in Scotland. 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 as modified by the revaluation of certain assets.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.

Plant and machinery etc

-

20% on cost and 10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a workplace pension scheme for employees. The assets of the scheme are administered by the pension providers, independent from the company.

Contributions payable are charged as incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2024

262,607

Additions

5,000

Disposals

(14,075

)

At 31 January 2025

253,532

DEPRECIATION

At 1 February 2024

223,481

Charge for year

15,399

Eliminated on disposal

(13,806

)

At 31 January 2025

225,074

NET BOOK VALUE

At 31 January 2025

28,458

At 31 January 2024

39,126

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2024

320,000

Disposals

(320,000

)

At 31 January 2025

-

NET BOOK VALUE

At 31 January 2025

-

At 31 January 2024

320,000

The Investment Property was sold in Mar 2024.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

20,962

10,074

Amounts owed by group undertakings

168,483

123,969

189,445

134,043

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

-

24,000

Trade creditors

84,767

90,552

Taxation and social security

93,221

75,432

Other creditors

2,000

66,105

179,988

256,089

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans

-

34,000

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.1.25

31.1.24

£

£

Within one year

51,918

51,918

Between one and five years

207,672

207,672

In more than five years

51,918

103,836

311,508

363,426

10.

RESERVES

Retained

earnings

£

At 1 February 2024

155,282

Deficit for the year

(12,302

)

Dividends

(42,000

)

At 31 January 2025

100,980

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Sports Warehouse Limited.

The ultimate controlling party is A K Dall.