REGISTERED NUMBER: 05262183 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

LOGIX SYSTEMS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr P Patel

REGISTERED OFFICE:

Solar House

282 Chase Road

Southgate

London

N14 6NZ

REGISTERED NUMBER:

05262183 (England and Wales)

ACCOUNTANTS:

Freemans Partnership LLP

Chartered Certified Accountants

Solar House

282 Chase Road

London

N14 6NZ

FIXED ASSETS

Tangible assets

4

970

1,294

CURRENT ASSETS

Debtors

5

96,323

104,859

Cash at bank and in hand

117,767

25,276

214,090

130,135

CREDITORS

Amounts falling due within one year

6

204,931

121,232

NET CURRENT ASSETS

9,159

8,903

TOTAL ASSETS LESS CURRENT LIABILITIES

10,129

10,197

CREDITORS

Amounts falling due after more than one year

7

-

3,087

NET ASSETS

10,129

7,110

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

10,127

7,108

SHAREHOLDERS' FUNDS

10,129

7,110

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 October 2026 and were signed by:

Mr P Patel - Director

1.	STATUTORY INFORMATION

Logix Systems 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 represents amounts derived from the provision of services to customers during the year, and is recognised at the date the service was provided.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

equipment

£

COST

At 1 November 2024

and 31 October 2025

3,884

DEPRECIATION

At 1 November 2024

2,590

Charge for year

324

At 31 October 2025

2,914

NET BOOK VALUE

At 31 October 2025

970

At 31 October 2024

1,294

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

92,862

81,778

Director's current account

-

9,650

Accrued income

3,461

13,431

96,323

104,859

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts (see note 8)

3,087

4,630

Trade creditors

20,408

6,904

Tax

57,497

54,678

Social security and other taxes

326

1,223

VAT

90,709

43,031

Other Creditors

25,810

3,910

Director's current account

120

-

Accruals and deferred income

6,974

6,856

204,931

121,232

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans (see note 8)

-

3,087

8.

LOANS

An analysis of the maturity of loans is given below:

31.10.25

31.10.24

£

£

Amounts falling due within one year or on demand:

Bank loans

3,087

4,630

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

3,087

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

2

Ordinary

£1

2

2

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024:

31.10.25

31.10.24

£

£

Mr P Patel

Balance outstanding at start of year

9,650

-

Amounts advanced

-

9,650

Amounts repaid

(9,650

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

9,650

The director was charged £369 interest by the company on his overdrawn director's current account calculated at HM Revenue & Customs rates.