Logs4y Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: SC238033 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 31 October 2015

for

Logs4y Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R Mackintosh

SECRETARY:

Mrs P A Mackintosh

REGISTERED OFFICE:

Stanedyke

Mill of Lumphart

Oldmeldrum

Aberdeenshire

AB51 0EA

REGISTERED NUMBER:

SC238033 (Scotland)

ACCOUNTANTS:

Grampian Accounting

3 Prospect Place

Arnhall Business Park

Westhill

Aberdeenshire

AB32 6SY

FIXED ASSETS

Tangible assets

2

1,156

2,127

CURRENT ASSETS

Debtors

400

600

Cash at bank

76,576

52,628

76,976

53,228

CREDITORS

Amounts falling due within one year

29,235

33,823

NET CURRENT ASSETS

47,741

19,405

TOTAL ASSETS LESS CURRENT LIABILITIES

48,897

21,532

CAPITAL AND RESERVES

Called up share capital

3

6

6

Profit and loss account

48,891

21,526

SHAREHOLDERS' FUNDS

48,897

21,532

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 29 July 2016 and were signed by:

R Mackintosh - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

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 machinery etc

-

20% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are

charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

and 31 October 2015

12,861

DEPRECIATION

At 1 November 2014

10,734

Charge for year

971

At 31 October 2015

11,705

NET BOOK VALUE

At 31 October 2015

1,156

At 31 October 2014

2,127

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.15

31.10.14

value:

£

£

2

Ordinary

£1

2

2

1

Ordinary A

£1

1

1

1

Ordinary B

£1

1

1

1

Ordinary C

£1

1

1

1

Ordinary D

£1

1

1

6

6