Loganhall Ltd - Accounts to registrar (filleted) - small 23.1.2
Loganhall Ltd - Accounts to registrar (filleted) - small 23.1.2
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS FOR THE PERIOD 1 FEBRUARY 2020 TO 30 JANUARY 2021 |
| FOR |
| LOGANHALL LTD |
| LOGANHALL LTD (REGISTERED NUMBER: 04275600) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 FEBRUARY 2020 TO 30 JANUARY 2021 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| LOGANHALL LTD |
| COMPANY INFORMATION |
| FOR THE PERIOD 1 FEBRUARY 2020 TO 30 JANUARY 2021 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants & Chartered Tax Advisers |
| The Maltings |
| 2 Anderson Rd |
| Bearwood |
| Birmingham |
| West Midlands |
| B66 4AR |
| LOGANHALL LTD (REGISTERED NUMBER: 04275600) |
| BALANCE SHEET |
| 30 JANUARY 2021 |
| 30.1.21 | 31.1.20 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investment property | 5 |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| PROVISIONS FOR LIABILITIES | 7 |
| NET ASSETS/(LIABILITIES) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Other reserves |
| Retained earnings | ( |
) | ( |
) |
| ( |
) |
| 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. |
| LOGANHALL LTD (REGISTERED NUMBER: 04275600) |
| BALANCE SHEET - continued |
| 30 JANUARY 2021 |
| 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 |
| LOGANHALL LTD (REGISTERED NUMBER: 04275600) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 FEBRUARY 2020 TO 30 JANUARY 2021 |
| 1. | STATUTORY INFORMATION |
| Loganhall Ltd is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
| Taxation |
| Taxation for the period 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 period 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 period was NIL (2020 - NIL). |
| LOGANHALL LTD (REGISTERED NUMBER: 04275600) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 FEBRUARY 2020 TO 30 JANUARY 2021 |
| 4. | TANGIBLE FIXED ASSETS |
| Freehold | Plant and |
| property | machinery | Totals |
| £ | £ | £ |
| COST |
| At 1 February 2020 |
| Additions |
| Reclassification/transfer | ( |
) | ( |
) |
| At 30 January 2021 |
| DEPRECIATION |
| At 1 February 2020 |
| Charge for period |
| Eliminated on disposal | ( |
) | ( |
) |
| At 30 January 2021 |
| NET BOOK VALUE |
| At 30 January 2021 |
| At 31 January 2020 |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| Revaluations | 36,000 |
| Reclassification/transfer | 149,000 |
| At 30 January 2021 |
| NET BOOK VALUE |
| At 30 January 2021 |
| Fair value at 30 January 2021 is represented by: |
| £ |
| Valuation in 2021 | 36,000 |
| Cost | 149,000 |
| 185,000 |
| LOGANHALL LTD (REGISTERED NUMBER: 04275600) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 FEBRUARY 2020 TO 30 JANUARY 2021 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.1.21 | 31.1.20 |
| £ | £ |
| Bank loans and overdrafts |
| Other loans |
| Mortgage | 69,454 | 68,473 |
| Trade creditors |
| Amounts owed to associates | 9,421 | 9,421 |
| VAT | 14,891 | 14,891 |
| Directors' current accounts | 100,840 | 43,883 |
| Accrued expenses |
| 7. | PROVISIONS FOR LIABILITIES |
| 30.1.21 | 31.1.20 |
| £ | £ |
| Deferred tax | 6,840 | - |
| Deferred |
| tax |
| £ |
| Tax movement on revaluation | 6,840 |
| Balance at 30 January 2021 |
| 8. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is Flexgold Investments Limited, 12 Wolverhampton Road, Kingswinford, England, DY6 7JB |