REGISTERED NUMBER: 04058321 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st October 2025

for

Logic Construction Design Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P S J Warren-Cox

S Warren-Cox

SECRETARY:

S Warren-Cox

REGISTERED OFFICE:

17 Victoria Road

Clevedon

BS21 7RU

REGISTERED NUMBER:

04058321 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Tangible assets

4

747

-

CURRENT ASSETS

Stocks

412,001

1,019,001

Debtors

5

1,178,724

3,206

Cash at bank

9,880

32,384

1,600,605

1,054,591

CREDITORS

Amounts falling due within one year

6

718,174

848,106

NET CURRENT ASSETS

882,431

206,485

TOTAL ASSETS LESS CURRENT LIABILITIES

883,178

206,485

CREDITORS

Amounts falling due after more than one year

7

487,002

487,152

NET ASSETS/(LIABILITIES)

396,176

(280,667

)

CAPITAL AND RESERVES

Called up share capital

9

200

200

Retained earnings

10

395,976

(280,867

)

SHAREHOLDERS' FUNDS

396,176

(280,667

)

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 22nd April 2026 and were signed on its behalf by:

S Warren-Cox - Director

1.	STATUTORY INFORMATION

Logic Construction Design Services Ltd is a private company, limited by shares , registered in England and Wales. 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.

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.

Computer equipment

-

Straight line over 3 years

Stocks

Stock consists of work in progress which is made up of property development costs incurred in respect of development projects. Development properties are stated at the lower of cost and net realisable value. Cost includes directly attributable development expenditure and an appropriate proportion of directly attributable overheads.

Properties under development are classified as work in progress until such time as they are completed and either sold or otherwise transferred.

During the year, development costs amounting to £607,000 were transferred at cost to a group company following their completion.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1st November 2024

5,769

Additions

791

At 31st October 2025

6,560

DEPRECIATION

At 1st November 2024

5,769

Charge for year

44

At 31st October 2025

5,813

NET BOOK VALUE

At 31st October 2025

747

At 31st October 2024

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Amounts owed by group undertakings

1,167,435

-

Other debtors

8,800

-

VAT

2,489

3,206

1,178,724

3,206

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

4,801

6,125

Amounts owed to group undertakings

-

49,215

Other creditors

8,800

105

Directors' current accounts

703,373

792,241

Accrued expenses

1,200

420

718,174

848,106

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans more 5 yrs non-inst

287,004

287,154

Other loans more 5yrs non-inst

199,998

199,998

487,002

487,152

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

287,004

287,154

Other loans more 5yrs non-inst

199,998

199,998

487,002

487,152

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.25

31.10.24

£

£

Bank loans

287,004

287,154

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

100

Ordinary

£1

100

200

100

Ordinary B

£1

100

-

200

200

10.

RESERVES

Retained

earnings

£

At 1st November 2024

(280,867

)

Profit for the year

713,343

Dividends

(36,500

)

At 31st October 2025

395,976

11.	RELATED PARTY DISCLOSURES

At the balance sheet date, Logic Construction Design Services Limited was owed £1,167,435 (2024: £49,215 owed to CO2Livework Limited) by CO2Livework Limited, a company under common control.

The balance represents an interest-free loan, which is repayable on demand.

During the year, development properties with a carrying value of £607,000 were transferred to CO2 Livework Limited at book value. The transfer was undertaken on a no gain / no loss basis.