LOGIC LOOM SYSTEMS LTD

Company Registration Number:
15730989 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2026

Period of accounts

Start date: 1 June 2025

End date: 30 June 2026

LOGIC LOOM SYSTEMS LTD

Contents of the Financial Statements

for the Period Ended 30 June 2026

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

LOGIC LOOM SYSTEMS LTD

Profit And Loss Account

for the Period Ended 30 June 2026

13 months to 30 June 2026 2025


£
£
Turnover: 83,670 150,000
Cost of sales: ( 55,758 ) ( 146,500 )
Gross profit(or loss): 27,912 3,500
Administrative expenses: ( 16,652 ) ( 3,500 )
Operating profit(or loss): 11,260 0
Profit(or loss) before tax: 11,260 0
Tax: ( 2,139 )
Profit(or loss) for the financial year: 9,121 0

LOGIC LOOM SYSTEMS LTD

Balance sheet

As at 30 June 2026

Notes 13 months to 30 June 2026 2025


£
£
Fixed assets
Tangible assets: 3 26,880 108,420
Total fixed assets: 26,880 108,420
Current assets
Debtors: 4 245,748 132,475
Cash at bank and in hand: 61,015 147,980
Total current assets: 306,763 280,455
Creditors: amounts falling due within one year: 5 ( 18,839 ) ( 15,460 )
Net current assets (liabilities): 287,924 264,995
Total assets less current liabilities: 314,804 373,415
Creditors: amounts falling due after more than one year: 6 ( 103,632 ) 0
Total net assets (liabilities): 211,172 373,415
Capital and reserves
Called up share capital: 48,000 1
Other reserves: 154,051 373,414
Profit and loss account: 9,121 0
Total Shareholders' funds: 211,172 373,415

The notes form part of these financial statements

LOGIC LOOM SYSTEMS LTD

Balance sheet statements

For the year ending 30 June 2026 the company was entitled to exemption 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.

This report was approved by the board of directors on 6 August 2026
and signed on behalf of the board by:

Name: RADEV Aleksandar
Status: Director

The notes form part of these financial statements

LOGIC LOOM SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2026

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The financial statements have been prepared under the historical cost convention. Turnover represents the amount of accounts receivable for the development of software for business and the domestic market, as well as maintenance and support, excluding value added tax. Revenue is recognised when the relevant services have been delivered and the Company has established the right to consideration. Costs are recognised in the period in which they are incurred. Taxation is recognised based on taxable profits for the year and is measured using tax rates enacted or substantively enacted at the reporting date. The financial statements have been prepared on the going concern basis.

    Tangible fixed assets depreciation policy

    Tangible assets represent equipment. Tangible assets costs are stated at cost less accumulated amortisation and impairment losses. Amortisation is charged on a straight-line basis over the estimated useful economic lives of the assets. At 30 June 2026, the carrying value of tangible assets amounted to £26,880.

LOGIC LOOM SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2026

  • 2. Employees

    13 months to 30 June 2026 2025
    Average number of employees during the period 1 0

LOGIC LOOM SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2026

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2025 108,420 108,420
Additions 40,320 40,320
Disposals ( 108,420 ) ( 108,420 )
Revaluations 0 0
Transfers
At 30 June 2026 40,320 40,320
Depreciation
At 1 June 2025 0 0
Charge for year 13,440 13,440
On disposals
Other adjustments
At 30 June 2026 13,440 13,440
Net book value
At 30 June 2026 26,880 26,880
At 31 May 2025 108,420 108,420

LOGIC LOOM SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2026

4. Debtors

13 months to 30 June 2026 2025
£ £
Trade debtors 245,748 132,475
Total 245,748 132,475

LOGIC LOOM SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2026

5. Creditors: amounts falling due within one year note

13 months to 30 June 2026 2025
£ £
Trade creditors 16,700 15,460
Taxation and social security 2,139
Total 18,839 15,460

LOGIC LOOM SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2026

6. Creditors: amounts falling due after more than one year note

13 months to 30 June 2026 2025
£ £
Other creditors 103,632 0
Total 103,632 0