LOGIC LETTINGS LIMITED Accounts filed on 31-05-2015

LOGIC LETTINGS LIMITED Accounts filed on 31-05-2015


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LOGIC LETTINGS LIMITED




Company Registration Number:
07637660 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st June 2014

End date: 31st May 2015

SUBMITTED

LOGIC LETTINGS LIMITED

Company Information
for the Period Ended
31st May 2015




Director: A S Rowley
Registered office: 96 Bondgate
Pontefract
West Yorkshire
WF8 2LQ
Company Registration Number: 07637660 (England and Wales)

LOGIC LETTINGS LIMITED

Abbreviated Balance sheet
As at 31st May 2015

Notes 2015
£
2014
£
Fixed assets
Intangible assets: 2 45,648 14,250
Total fixed assets: 45,648 14,250
Current assets
Debtors: - 561
Cash at bank and in hand: 9,102 1,230
Total current assets: 9,102 1,791
Creditors
Creditors: amounts falling due within one year 41,400 15,965
Net current assets (liabilities): ( 32,298 ) ( 14,174 )
Total assets less current liabilities: 13,350 76
Total net assets (liabilities): 13,350 76

The notes form part of these financial statements

LOGIC LETTINGS LIMITED

Abbreviated Balance sheet
As at 31st May 2015
continued

Notes 2015
£
2014
£
Capital and reserves
Called up share capital: 3 100 100
Profit and Loss account: 13,250 ( 24 )
Total shareholders funds: 13,350 76

For the year ending 31 May 2015 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 11 February 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: A S Rowley
Status: Director

The notes form part of these financial statements

LOGIC LETTINGS LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st May 2015

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008)

    Intangible fixed assets amortisation policy

    Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives, not to exceed twenty years.Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable

LOGIC LETTINGS LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st May 2015

  • 2. Intangible assets

    Total
    Cost £
    At 01st June 2014: 14,250
    Additions: 33,800
    48,050
    Amortisation £
    Provided during the period: 2,402
    At 31st May 2015: 2,402
    Net book value £
    At 31st May 2015: 45,648
    At 31st May 2014: 14,250

LOGIC LETTINGS LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st May 2015

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period 2014
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1.00
    1.00
    100
    Total share capital: 100
    Current period 2015
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1.00
    1.00
    100
    Total share capital: 100