Logic FP Limited 31/03/2020 iXBRL


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Company registration number: NI618202
Logic FP Limited
Unaudited filleted financial statements
31 March 2020
Logic FP Limited
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Logic FP Limited
Directors and other information
Director Mr Ian Watters
Secretary Ruth Watters
Company number NI618202
Registered office 17 Grays Hill
Bangor
Co Down
BT20 3BB
Accountants D N Robinson Ltd
17 Grays Hill
Bangor
Down
BT20 3BB
Logic FP Limited
Report to the director on the preparation of the
unaudited statutory financial statements of Logic FP Limited
Year ended 31 March 2020
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Logic FP Limited for the year ended 31 March 2020 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of Chartered Accountants Ireland , we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie.
This report is made solely to the director of Logic FP Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Logic FP Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of Chartered Accountants Ireland as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Logic FP Limited and its director as a body for our work or for this report.
It is your duty to ensure that Logic FP Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Logic FP Limited. You consider that Logic FP Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Logic FP Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
D N Robinson Ltd
Chartered Accountants
17 Grays Hill
Bangor
Down
BT20 3BB
30 April 2020
Logic FP Limited
Statement of financial position
31 March 2020
2020 2019
£ £
Fixed assets 1,494 1,774
_______ _______
Current assets 38,344 36,684
Creditors: amounts falling due within one year ( 18,665) ( 19,194)
_______ _______
Net current assets 19,679 17,490
_______ _______
Total assets less current liabilities 21,173 19,264
Accruals and deferred income ( 1,404) ( 600)
_______ _______
Net assets 19,769 18,664
_______ _______
Capital and reserves 19,769 18,664
_______ _______
Notes to the financial statements
Logic FP Limited
Year ended 31 March 2020
1. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2019: 2 ).
For the year ending 31 March 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 30 April 2020 , and are signed on behalf of the board by:
Mr Ian Watters
Director
Company registration number: NI618202
The company is a private company limited by shares, registered in Northern Ireland.