Acorah Software Products - Accounts Production 16.8.310 false true true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 SC323808 N Anderson R Cheyne L J Hutchinson D McCready N T Pickering C D Smith Logical Group (Scotland) Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC323808 2024-06-30 SC323808 2025-06-30 SC323808 2024-07-01 2025-06-30 SC323808 frs-core:CurrentFinancialInstruments 2025-06-30 SC323808 frs-core:Non-currentFinancialInstruments 2025-06-30 SC323808 frs-core:FurnitureFittings 2025-06-30 SC323808 frs-core:FurnitureFittings 2024-07-01 2025-06-30 SC323808 frs-core:FurnitureFittings 2024-06-30 SC323808 frs-core:MotorVehicles 2025-06-30 SC323808 frs-core:MotorVehicles 2024-07-01 2025-06-30 SC323808 frs-core:MotorVehicles 2024-06-30 SC323808 frs-core:PlantMachinery 2025-06-30 SC323808 frs-core:PlantMachinery 2024-07-01 2025-06-30 SC323808 frs-core:PlantMachinery 2024-06-30 SC323808 frs-core:ShareCapital 2025-06-30 SC323808 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 SC323808 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 SC323808 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 SC323808 frs-bus:SmallEntities 2024-07-01 2025-06-30 SC323808 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 SC323808 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 SC323808 1 2024-07-01 2025-06-30 SC323808 frs-bus:Director1 2024-07-01 2025-06-30 SC323808 frs-bus:Director2 2024-07-01 2025-06-30 SC323808 frs-bus:Director3 2024-07-01 2025-06-30 SC323808 frs-bus:Director4 2024-07-01 2025-06-30 SC323808 frs-bus:Director5 2024-07-01 2025-06-30 SC323808 frs-bus:Director6 2024-07-01 2025-06-30 SC323808 frs-countries:Scotland 2024-07-01 2025-06-30 SC323808 2023-06-30 SC323808 2024-06-30 SC323808 2023-07-01 2024-06-30 SC323808 frs-core:CurrentFinancialInstruments 2024-06-30 SC323808 frs-core:Non-currentFinancialInstruments 2024-06-30 SC323808 frs-core:ShareCapital 2024-06-30 SC323808 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: SC323808
Logical Business & It Solutions Limited
Unaudited Financial Statements
For The Year Ended 30 June 2025
Infinity Advisors Ltd t/a Infinity Partnership
Logical Business & It Solutions Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Logical Business & It Solutions Limited
Balance Sheet
As At 30 June 2025
Balance Sheet
Registered number: SC323808

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 1,500 |  | 6,786
|  |  | 1,500 |  | 6,786
CURRENT ASSETS
Stocks | 5 | 298,142 |  | 306,954 |
Debtors | 6 | 25,778 |  | 91,914 |
Cash at bank and in hand |  | 149,942 |  | 136,195 |
|  | 473,862 |  | 535,063 |
Creditors: Amounts Falling Due Within One Year | 7 | (454,038 ) |  | (542,271 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 19,824 |  | (7,208 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 21,324 |  | (422 )
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (90,386 ) |  | -
PROVISIONS FOR LIABILITIES
Deferred Taxation | 10 |  | - |  | (886 )
NET LIABILITIES |  |  | (69,062 ) |  | (1,308 )
CAPITAL AND RESERVES
Called up share capital | 11 |  | 100 |  | 100
Profit and Loss Account |  |  | (69,162 ) |  | (1,408 )
SHAREHOLDERS' FUNDS |  |  | (69,062) |  | (1,308)

Page 1
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Logical Business & It Solutions Limited
Balance Sheet (continued)
As At 30 June 2025
For the year ending 30 June 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

R Cheyne Director
24th March 2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Logical Business & It Solutions Limited
Notes to the Financial Statements
For The Year Ended 30 June 2025
Notes to the Financial Statements
1. General Information
Logical Business & It Solutions Limited is a private company, limited by shares, incorporated in Scotland, registered number SC323808 . The registered office is 4 Walker Road, Inverness, IV1 1TD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
These financial statements have been prepared on a going concern basis. The director is aware of the net
liability and net current liability position of the company, and continues to be reliant on the support of the
company creditors to provide credit. The director has also confirmed he will support the company should this
be required. On this basis, it is considered appropriate to prepare the financial statements on a going concern
basis.
2.3. Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services
provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair
value of consideration takes into account trade discounts, settlement discounts and volume rebates.
When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is
the present value of the future receipts. The difference between the fair value of the consideration and the
nominal amount received is recognised as interest income.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the
goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured
reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the
costs incurred or to be incurred in respect of the transaction can be measured reliably.
Revenue from contracts for the provision of professional services is recognised by reference to the stage of
completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The
stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff
rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue
is recognised only to the extent of the expenses recognised that it is probable will be recovered.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if
held under a finance lease, over the lease term, whichever is the shorter:

Plant & Machinery | 10% Straight Line
Motor Vehicles | 25% Reducing Balance
Fixtures & Fittings | 33% Reducing Balance

Impairment of fixed assets
At each reporting period end date, the company reviews the carrying amounts of its tangible assets to
determine whether there is any indication that those assets have suffered an impairment loss. If any such
indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the
impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset,
the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.
2.5. Leasing and Hire Purchase Contracts
Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss
on a straight line basis over the term of the relevant lease except where another more systematic basis is
more representative of the time pattern in which economic benefits from the leases asset are consumed.
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Logical Business & It Solutions Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
2.6. Stocks and Work in Progress
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost
comprises direct materials and, where applicable, direct labour costs and those overheads that have been
incurred in bringing the stocks to their present location and condition.
Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement
cost, adjusted where applicable for any loss of service potential.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks
over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or
loss. Reversals of impairment losses are also recognised in profit or loss.
2.7. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12
‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's statement of financial position when the company
becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a
net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the
effective interest method unless the arrangement constitutes a financing transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual
arrangements entered into. An equity instrument is any contract that evidences a residual interest in the
assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference
shares that are classified as debt, are initially recognised at transaction price unless the arrangement
constitutes a financing transaction, where the debt instrument is measured at the present value of the future
payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are
not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year
or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.
2.8. 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.
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Logical Business & It Solutions Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
2.9. Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with
banks, other short-term liquid investments with original maturities of three months or less, and bank
overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
2.10. Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.
Dividends payable on 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.
2.11. Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs
are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are
received.
Termination benefits are recognised immediately as an expense when the company is demonstrably
committed to terminate the employment of an employee or to provide termination benefits.
Retirement benefits
The company operates a defined contribution pension scheme for all qualifying employees. The assets of the
scheme are held separately from those of the company in an independently administered fund. Payments to
defined contribution retirement benefit schemes are charged as an expense as they fall due.
3. Average Number of Employees
Average number of employees, including directors, during the period was 10 (2024: 10)
10 10
4. Tangible Assets

| Plant & Machinery | Motor Vehicles | Fixtures & Fittings | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 July 2024 | 46,878 | 437 | 3,800 | 51,115
Additions | 1,049 | - | - | 1,049
Disposals | (45,877 ) | (437 ) | (3,800 ) | (50,114 )
As at 30 June 2025 | 2,050 | - | - | 2,050
Depreciation
As at 1 July 2024 | 43,141 | 437 | 751 | 44,329
Provided during the period | 1,415 | - | 380 | 1,795
Disposals | (44,006 ) | (437 ) | (1,131 ) | (45,574 )
As at 30 June 2025 | 550 | - | - | 550
Net Book Value
As at 30 June 2025 | 1,500 | - | - | 1,500
As at 1 July 2024 | 3,737 | - | 3,049 | 6,786

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 298,142 |  | 306,954

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Logical Business & It Solutions Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 15,622 |  | 76,385
Prepayments and accrued income | 10,156 |  | 15,408
Other debtors | - |  | 121
| 25,778 |  | 91,914

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 308,688 |  | 354,641
Bank loans and overdrafts | 14,518 |  | -
Other creditors | 25,742 |  | 62,705
Taxation and social security | 105,090 |  | 124,925
| 454,038 |  | 542,271

8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 90,386 |  | -

10. Deferred Taxation
The provision for deferred tax is made up as follows:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other timing differences | - |  | 886

11. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

12. Ultimate Controlling Party
The company's ultimate controlling party is Logical Group (Scotland) Limited .
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