Modus Logic Limited 30/04/2026 iXBRL

Company registration number: 08040911

Modus Logic Limited

Unaudited filleted financial statements

30 April 2026

Modus Logic Limited

Contents

Directors and other information

Statement of financial position

Notes to the financial statements

Modus Logic Limited

Directors and other information


	Directors	K Mayhew
		S Mayhew


	Company number	08040911


	Registered office	Office 1 Riverside Court
		24 Lower Southend Road
		Wickford
		SS11 8AW


	Business address	282 Leigh Road
		Leigh on Sea
		SS9 1BW


	Accountant	Hill Allen (Wickford) Limited
		Office 1 Riverside Court
		24 Lower Southend Road
		Wickford
		SS11 8AW




	Bankers	National Westminster Bank plc
		43 High street
		Rayleigh
		SS6 7EH

Modus Logic Limited

Statement of financial position

30 April 2026

		2026		2025
	Note	£	£	£	£

Fixed assets
Tangible assets	5	615		213
		_______		_______
			615		213

Current assets
Debtors	6	103		4,882
Cash at bank and in hand		3,659		3,597
		_______		_______
		3,762		8,479
Creditors: amounts falling due
within one year	7	( 30,625)		( 30,944)
		_______		_______
Net current liabilities			( 26,863)		( 22,465)
			_______		_______
Total assets less current liabilities			( 26,248)		( 22,252)

			_______		_______
Net liabilities			( 26,248)		( 22,252)
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			( 26,348)		( 22,352)
			_______		_______
Shareholders deficit			( 26,248)		( 22,252)
			_______		_______

For the year ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 22 May 2026 , and are signed on behalf of the board by:

K Mayhew

Director

Company registration number: 08040911

Modus Logic Limited

Notes to the financial statements

Year ended 30 April 2026

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Office 1 Riverside Court, 24 Lower Southend Road, Wickford, SS11 8AW.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland.The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	33 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

4. Employee numbers

The average number of persons employed by the company during the year amounted to Nil (2025: 1 ).

5. Tangible assets

	Fixtures, fittings and equipment	Total
	£	£
Cost
At 1 May 2025	10,165	10,165
Additions	923	923
Disposals	( 454)	( 454)
	_______	_______
At 30 April 2026	10,634	10,634
	_______	_______
Depreciation
At 1 May 2025	9,952	9,952
Charge for the year	521	521
Disposals	( 454)	( 454)
	_______	_______
At 30 April 2026	10,019	10,019
	_______	_______
Carrying amount
At 30 April 2026	615	615
	_______	_______
At 30 April 2025	213	213
	_______	_______

6. Debtors

	2026	2025
	£	£
Trade debtors	-	4,800
Other debtors	103	82
	_______	_______
	103	4,882
	_______	_______

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Social security and other taxes	-	1
Other creditors	30,625	30,943
	_______	_______
	30,625	30,944
	_______	_______

8. Controlling party

The company is controlled by the director K Mayhew .