Logical Aspects Limited 05023940 false 2025-01-01 2025-12-31 2025-12-31 The principal activity of the company is Letting of property Digita Accounts Production Advanced 6.30.9574.0 true 05023940 2025-01-01 2025-12-31 05023940 2025-12-31 05023940 bus:Director2 1 2025-12-31 05023940 core:OtherReservesSubtotal 2025-12-31 05023940 core:RetainedEarningsAccumulatedLosses 2025-12-31 05023940 core:ShareCapital 2025-12-31 05023940 core:CurrentFinancialInstruments 2025-12-31 05023940 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 05023940 core:FurnitureFittingsToolsEquipment 2025-12-31 05023940 bus:SmallEntities 2025-01-01 2025-12-31 05023940 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 05023940 bus:FilletedAccounts 2025-01-01 2025-12-31 05023940 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 05023940 bus:RegisteredOffice 2025-01-01 2025-12-31 05023940 bus:CompanySecretaryDirector1 2025-01-01 2025-12-31 05023940 bus:Director2 2025-01-01 2025-12-31 05023940 bus:Director2 1 2025-01-01 2025-12-31 05023940 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 05023940 core:FurnitureFittingsToolsEquipment 2025-01-01 2025-12-31 05023940 core:OfficeEquipment 2025-01-01 2025-12-31 05023940 countries:AllCountries 2025-01-01 2025-12-31 05023940 2024-12-31 05023940 bus:Director2 1 2024-12-31 05023940 core:FurnitureFittingsToolsEquipment 2024-12-31 05023940 2024-01-01 2024-12-31 05023940 2024-12-31 05023940 core:OtherReservesSubtotal 2024-12-31 05023940 core:RetainedEarningsAccumulatedLosses 2024-12-31 05023940 core:ShareCapital 2024-12-31 05023940 core:CurrentFinancialInstruments 2024-12-31 05023940 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 05023940 core:FurnitureFittingsToolsEquipment 2024-12-31 iso4217:GBP xbrli:pure

Registration number: 05023940

Logical Aspects Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2025

Logical Aspects Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 6

Logical Aspects Limited

Company Information

Directors | LP Armstrong KA Armstrong

Company secretary | LP Armstrong

Registered office | Deep Dale House 2 Vicarage Lane North Newbald East Yorkshire YO43 4RR

Logical Aspects Limited

(Registration number: 05023940)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 1,937 | 2,251
Investment property | 5 | 870,610 | 870,610
|  | 872,547 | 872,861
Current assets |  |  |
Debtors | 6 | 1,183 | 392
Cash at bank and in hand |  | 381,761 | 376,291
|  | 382,944 | 376,683
Creditors: Amounts falling due within one year | 7 | (9,825) | (11,385)
Net current assets |  | 373,119 | 365,298
Total assets less current liabilities |  | 1,245,666 | 1,238,159
Provisions for liabilities |  | (368) | (428)
Net assets |  | 1,245,298 | 1,237,731
Capital and reserves |  |  |
Called up share capital |  | 2 | 2
Other reserves |  | 248,851 | 248,851
Retained earnings |  | 996,445 | 988,878
Shareholders' funds |  | 1,245,298 | 1,237,731

For the financial year ending 31 December 2025 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 accounts for the year in question in accordance with section 476; and
• | The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 14 April 2026 and signed on its behalf by:

......................................... KA Armstrong Director

Logical Aspects Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1 | General information

The company is a private company limited by share capital incorporated in England & Wales and the company registration number is 05023940.

The address of its registered office is:
Deep Dale House
2 Vicarage Lane
North Newbald
East Yorkshire
YO43 4RR

These financial statements were authorised for issue by the Board on 14 April 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the rental of buildings in the ordinary course of the Company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Logical Aspects Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in the profit and loss account.
If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss has been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in the profit and loss account.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Office equipment | 20% straight line

Investment property

The Company classifies land and buildings as investment property when it is held to earn rentals or for capital appreciation, or both. Investment properties are initially measured at cost which comprises the purchase price and any directly attributable expenditure.
Investment properties are subsequently remeasured to fair value at each reporting date with changes in fair value recognised in profit or loss. Revaluations are carried out by a professional qualified valuer.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Logical Aspects Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 2 (2024 - 2).

4 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 January 2025 | 2,501 | 2,501
Additions | 219 | 219
At 31 December 2025 | 2,720 | 2,720
Depreciation
At 1 January 2025 | 250 | 250
Charge for the year | 533 | 533
At 31 December 2025 | 783 | 783
Carrying amount
At 31 December 2025 | 1,937 | 1,937
At 31 December 2024 | 2,251 | 2,251

Logical Aspects Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

5 | Investment properties

| 2025 £
At 1 January | 870,610
At 31 December | 870,610

Investment property was deemed to be valued at fair value by the Directors at the balance sheet date.

There has been no valuation of investment property by an independent valuer.

6 | Debtors

| 2025 £ | 2024 £
Other debtors | 207 | -
Prepayments | 976 | 392
| 1,183 | 392

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 378 | -
Taxation and social security | 6,567 | 8,676
Accruals and deferred income | 2,880 | 2,709
| 9,825 | 11,385

8 | Related party transactions

Transactions with Directors

2025 | At 1 January 2025 £ | Advances to Director £ | At 31 December 2025 £
KA Armstrong
Unsecured, interest free and repayable on demand | - | 202 | 202

Other transactions with Directors

At the year end, the directors owed the company £202 (2024: £Nil). This amount is unsecured, interest free and repayable on demand.