REGISTERED NUMBER: SC108323 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

LOGIK IMAGE MANAGEMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S G Wallace

SECRETARY:

Mrs S Wallace

REGISTERED OFFICE:

1st Floor, 5 Abercrombie Court

Arnhall Business Park

Prospect Road

Westhill

Aberdeenshire

AB32 6FE

REGISTERED NUMBER:

SC108323 (Scotland)

ACCOUNTANTS:

Fyfe Moir & Associates

1st Floor, 5 Abercrombie Crt

Prospect Road,

Westhill

Aberdeenshire

Grampian

AB32 6FE

FIXED ASSETS

Tangible assets

4

1,914

4,429

Investments

5

-

-

1,914

4,429

CURRENT ASSETS

Debtors

6

908

803

Cash at bank

4,752

2,779

5,660

3,582

CREDITORS

Amounts falling due within one year

7

4,747

3,389

NET CURRENT ASSETS

913

193

TOTAL ASSETS LESS CURRENT LIABILITIES

2,827

4,622

PROVISIONS FOR LIABILITIES

8

190

630

NET ASSETS

2,637

3,992

CAPITAL AND RESERVES

Called up share capital

20,000

20,000

Retained earnings

(17,363

)

(16,008

)

SHAREHOLDERS' FUNDS

2,637

3,992

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 August 2026 and were signed by:

S G Wallace - Director

1.	STATUTORY INFORMATION

Logik Image Management Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.

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.

Improvements to property

-

10% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

and 31 March 2026

165,108

123,199

102,839

378,740

769,886

DEPRECIATION

At 1 April 2025

165,108

122,272

102,651

375,426

765,457

Charge for year

-

328

47

2,140

2,515

At 31 March 2026

165,108

122,600

102,698

377,566

767,972

NET BOOK VALUE

At 31 March 2026

-

599

141

1,174

1,914

At 31 March 2025

-

927

188

3,314

4,429

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2025

and 31 March 2026

15,532

PROVISIONS

At 1 April 2025

and 31 March 2026

15,532

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

456

174

Prepayments and accrued income

452

629

908

803

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

2,257

200

VAT

550

613

Directors' current accounts

93

73

Accrued expenses

1,847

2,503

4,747

3,389

8.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

£

Deferred tax

190

630

Deferred

tax

£

Balance at 1 April 2025

630

Movement during the year

(440

)

Balance at 31 March 2026

190

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The company paid a commercial rent of £5,000 (£11,000 2025) to the director and his wife for the use of the company premises.