REGISTERED NUMBER: 02164675 (England and Wales)

P.I. LOGIC LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

27,815

22,498

CURRENT ASSETS

Stocks

2,000

1,550

Debtors

15,420

6,091

Cash at bank

183,870

197,920

201,290

205,561

CREDITORS

Amounts falling due within one year

34,042

26,209

NET CURRENT ASSETS

167,248

179,352

TOTAL ASSETS LESS CURRENT LIABILITIES

195,063

201,850

CAPITAL AND RESERVES

Called up share capital

1,200

1,200

Retained earnings

193,863

200,650

SHAREHOLDERS' FUNDS

195,063

201,850

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 20 July 2026 and were signed on its behalf by:

Dr M G Poore - Director

Dr E R Poore - Director

Mr E N Poore - Director

1.	STATUTORY INFORMATION

P.I. Logic Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

02164675

Registered office:

Gelli Dogin

Cwmfelin Boeth

Whitland

Carmarthenshire

SA34 0RU

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.

Given the projected revenue earnings, as well as the ongoing support of its directors for it to continue trading for the foreseeable future and as a result of this, the directors continue to adopt the going concern basis of accounting.

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 reducing balance, 15% on reducing balance and 10% on reducing balance

Stocks

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 November 2024

101,395

Additions

11,376

At 31 October 2025

112,771

DEPRECIATION

At 1 November 2024

78,897

Charge for year

6,059

At 31 October 2025

84,956

NET BOOK VALUE

At 31 October 2025

27,815

At 31 October 2024

22,498