REGISTERED NUMBER: 09997713 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

LOGIKAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs V A Smith ACA FCCA

REGISTERED OFFICE:

1 Langley Court

Pyle Street

Newport

Isle of Wight

PO30 1LA

REGISTERED NUMBER:

09997713 (England and Wales)

ACCOUNTANTS:

Xeinadin Isle of Wight

1 Langley Court

Pyle Street

Newport

Isle of Wight

PO30 1LA

FIXED ASSETS

Tangible assets

4

435

542

CURRENT ASSETS

Debtors

5

9,917

6,712

Cash at bank

26,669

66,741

36,586

73,453

CREDITORS

Amounts falling due within one year

6

22,319

61,243

NET CURRENT ASSETS

14,267

12,210

TOTAL ASSETS LESS CURRENT LIABILITIES

14,702

12,752

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

14,602

12,652

SHAREHOLDERS' FUNDS

14,702

12,752

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 her 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 August 2026 and were signed by:

Mrs V A Smith ACA FCCA - Director

1.	STATUTORY INFORMATION

Logikal Limited is a private company, limited by shares , registered in England and Wales. 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.

Fixtures and fittings

-

Straight line over 10 years

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2025

and 31 March 2026

640

DEPRECIATION

At 1 April 2025

98

Charge for year

107

At 31 March 2026

205

NET BOOK VALUE

At 31 March 2026

435

At 31 March 2025

542

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

8,559

6,366

Other debtors

233

-

Prepayments

1,125

346

9,917

6,712

Trade debtors includes an amount of £8,559 (2025: £6,366) due from Mackenzies Accountants Limited, a company in which Venetia Smith is a director. Other debtors consist of a deposit which was returned shortly after the year end.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

50

46

Amounts owed to group undertakings

2,254

5,634

Tax

18,093

41,239

Social security and other taxes

783

712

VAT

753

12,688

Directors' current accounts

386

924

22,319

61,243

Amounts owed to group companies relates to an amount due to Logikal Solutions India Private Limited.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

80

Ordinary

£1

80

80

9

Ordinary A

£1

9

9

9

Ordinary B

£1

9

9

2

Ordinary C

£1

2

2

100

100

8.	RELATED PARTY DISCLOSURES

The company provided professional services to Mainstream Training Limited, Mainstream Fleet Services Limited, Mainstream Group Limited, Ascentrix Limited, Venrec Group Limited, Logikal Solution India Pvt. Limited and Logikal Group Limited, companies in which Venetia Smith is a director, and has either a direct or indirect interest in the share capital. All fees charged were at commercially agreed rates.

The company also provided professional services to Mackenzies Accountants Limited a company in which Venetia Smith is a director. All fees charged were at commercially agreed rates.

At the year end the following balances were owed:

£2,254 (2025: £5,634) owed to Logikal Solutions India Private Limited

£8,559 (2025: £6,366) owed by Mackenzies Accountants Limited

During the year the company paid rent of £14,400 (2024: £14,400) to Logikal Group Limited and a rent of £Nil (2025: £2,910) to Mackenzies Accountants Limited. The agreed rents were based on commercial terms.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs Venetia Anne Smith.