Accounts filed on 31-10-2015

Accounts filed on 31-10-2015

LOGISKA LIMITED - Company Information

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087483612014-11-012015-10-31falsetruehttp://www.companieshouse.gov.uk/cd:Director12014-11-012015-10-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2014-10-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-11-012015-10-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2015-10-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-10-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-10-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2014-11-012015-10-31http://www.companieshouse.gov.uk/2013-11-012014-10-31http://www.companieshouse.gov.uk/2014-11-012015-10-31http://www.companieshouse.gov.uk/2014-10-31http://www.companieshouse.gov.uk/2015-10-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2014-11-012015-10-31http://www.companieshouse.gov.uk/2014-10-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 08748361
Logiska Limited
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2015
Prepared By:
Houghtons
Chartered Certified Accountants
399 Didsbury Road
Heaton Mersey
Stockport
SK4 3HB
Logiska Limited
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 October 2015
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 08748361
Logiska Limited
Registered Number: 08748361
BALANCE SHEET AT 31 OCTOBER 2015
20152014
Notes££
FIXED ASSETS
Tangible assets2476855
CURRENT ASSETS
Debtors (amounts falling due within one year)310020,153
Cash at bank and in hand126,26520,008
126,36540,161
CREDITORS: Amounts falling due within one year45,26120,810
NET CURRENT ASSETS81,10419,351
TOTAL ASSETS LESS CURRENT LIABILITIES81,58020,206
CAPITAL AND RESERVES
Called up share capital411
Profit and loss account81,57920,205
SHAREHOLDERS' FUNDS81,58020,206
For the year ending 31 October 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.
Approved by the board on 21 July 2016 and signed on their behalf by
M J Matson
Director
Logiska Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2015
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentstraight line 33%
1d. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for material deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.
1e. Pension Costs
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
1f. Turnover
Turnover represents amounts chargeable for services provided by the company, net of value added tax and trade discounts.
1g. Financial Instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.
Logiska Limited
2. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 1 November 20141,2821,282
Additions7373
At 31 October 20151,3551,355
Depreciation
At 1 November 2014427427
For the year452452
At 31 October 2015879879
Net Book Amounts
At 31 October 2015476476
At 31 October 2014855855
3. DEBTORS 20152014
££
Amounts falling due within one year:
Trade debtors-19,972
VAT94181
Other debtors6-
10020,153
4. SHARE CAPITAL 20152014
££
Allotted, issued and fully paid:
1 Ordinary Shares of £1 each11
11
5. CONTROLLING PARTY
The ultimate controlling party of the company is the director Mr M J Matson by virtue of his majority shareholding.