Topo-Logic Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 11605043

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,092		2,801

			3,092		2,801
CURRENT ASSETS
Debtors	5	3,591		5,115
Cash at bank and in hand		7,415		9,292

		11,006		14,407
Creditors: Amounts Falling Due Within One Year	6	(11,146 )		(14,214 )

NET CURRENT ASSETS (LIABILITIES)			(140 )		193

TOTAL ASSETS LESS CURRENT LIABILITIES			2,952		2,994

PROVISIONS FOR LIABILITIES
Deferred Taxation			(524 )		(532 )

NET ASSETS			2,428		2,462

CAPITAL AND RESERVES
Called up share capital			100		100
Profit and Loss Account			2,328		2,362

SHAREHOLDERS' FUNDS			2,428		2,462

Page 1

Page 2

Topo-Logic Ltd

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 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.

The financial statements were approved by the board of directors on 31 July 2026 and were signed on its behalf by:

..............................

Mr Hugh Nugent

Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

Page 3

Topo-Logic Ltd

Notes to the Financial Statements

For The Year Ended 31 October 2025

Notes to the Financial Statements

1. General Information

Topo-Logic Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11605043 . The registered office is Canon Court, Canon Pyon, Hereford, Herefordshire, HR4 8NY.

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.

There were no material departures from those standards.

The accounts are presented in £ sterling.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Turnover also reflects the value of unbilled work at the year end, where a right to consideration exists.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Carrying value is reviewed at each balance sheet date for recoverability, and any impairment adjustment is charged to the profit and loss reserve. No depreciation is charged in the year of disposal. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% straight line
Computer Equipment	25% straight line

2.5. Leasing and Hire Purchase Contracts

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

Page 3

Page 4

Topo-Logic Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 November 2024	1,862	7,605	9,467
Additions	-	1,254	1,254

As at 31 October 2025	1,862	8,859	10,721

Depreciation
As at 1 November 2024	910	5,756	6,666
Provided during the period	274	689	963

As at 31 October 2025	1,184	6,445	7,629

Net Book Value
As at 31 October 2025	678	2,414	3,092

As at 1 November 2024	952	1,849	2,801

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	900
Prepayments and accrued income	3,591	4,215

	3,591	5,115

Page 4

Page 5

Topo-Logic Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	-	681
Other taxes and social security	347	1,323
Net wages	1,442	-
Accruals and deferred income	1,020	1,011
Directors' loan accounts	8,337	11,199

	11,146	14,214

7. Related Party Transactions

Company use of related party assets

During the year, the company rented office space from the directors. The rental charge for the year amounted to £3,240 (2024: £3,000).

Dividends

During the year, the company became liable for dividends to its directors of £Nil (2024: £9,722). Nothing was unpaid at the balance sheet date.

Directors' loan accounts and balances

The directors each operate a loan account with the company. During the year, the following combined amounts were recorded: the directors paid privately for company expenses totalling £1,595; they withdrew £9,139 in part repayment of their loan balances; their loan accounts were credited with undrawn salaries of £1,442 and rent chargeable to the company of £3,240.

At the balance sheet date, a total of £8,337 was owed by the company to the directors.

The loans are interest-free, unsecured and repayable on demand.

Page 5