Logobear Limited

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

Registered number: 10505862

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		1,000		2,000
Tangible Assets	5		10,012		17,281

			11,012		19,281
CURRENT ASSETS
Stocks	6	13,844		14,074
Debtors	7	3,614		2,812
Cash at bank and in hand		8,372		17,207

		25,830		34,093
Creditors: Amounts Falling Due Within One Year	8	(70,411 )		(75,321 )

NET CURRENT ASSETS (LIABILITIES)			(44,581 )		(41,228 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(33,569 )		(21,947 )

Creditors: Amounts Falling Due After More Than One Year	9		-		(3,854 )

NET LIABILITIES			(33,569 )		(25,801 )

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			(33,669 )		(25,901 )

SHAREHOLDERS' FUNDS			(33,569)		(25,801)

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Logobear Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 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.

On behalf of the board

Mr George Pearce

Director

10/09/2026

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

1. General Information

Logobear Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10505862 . The registered office is Logobear, 74 Clayton Street, Newcastle Upon Tyne, Tyne & Wear, NE1 5PG.

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.

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.

2.4. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 10 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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	Straight Line over 5 years
Fixtures & Fittings	Reducing Balance at 33%

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

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Logobear Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 January 2025	10,000

As at 31 December 2025	10,000

Amortisation
As at 1 January 2025	8,000
Provided during the period	1,000

As at 31 December 2025	9,000

Net Book Value
As at 31 December 2025	1,000

As at 1 January 2025	2,000

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 January 2025	88,526	17,721	106,247

As at 31 December 2025	88,526	17,721	106,247

Depreciation
As at 1 January 2025	72,170	16,796	88,966
Provided during the period	6,964	305	7,269

As at 31 December 2025	79,134	17,101	96,235

Net Book Value
As at 31 December 2025	9,392	620	10,012

As at 1 January 2025	16,356	925	17,281

6. Stocks

	2025	2024
	£	£
Stock	13,844	14,074

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Logobear Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	680	264
Other debtors	2,934	2,548

	3,614	2,812

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	4,540	5,476
Bank loans and overdrafts	3,769	7,628
Other creditors	50,983	54,681
Taxation and social security	11,119	7,536

	70,411	75,321

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	3,854

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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