Company Registration No. SC336323 (Scotland)
Logrom Limited
Unaudited accounts
for the year ended 31 January 2018
Logrom Limited
Unaudited accounts
Contents
Logrom Limited
Company Information
for the year ended 31 January 2018
Company Number
SC336323 (Scotland)
Registered Office
C/O SCOTTISH TAX BUREAU
94 HOPE STREET
GLASGOW
G2 6PH
Accountants
Scottish Tax Bureau
94 Hope Street
Glasgow
G2 6PH
Logrom Limited
Statement of financial position
as at 31 January 2018
Tangible assets
2,293
3,058
Cash at bank and in hand
2,714
248
Creditors: amounts falling due within one year
(3,174)
(1,598)
Net current liabilities
(460)
(692)
Called up share capital
100
100
Profit and loss account
1,733
2,266
Shareholders' funds
1,833
2,366
For the year ending 31 January 2018 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 8 October 2018.
Kevin Hunter
Director
Company Registration No. SC336323
Logrom Limited
Notes to the Accounts
for the year ended 31 January 2018
Logrom Limited is a private company, limited by shares, registered in Scotland, registration number SC336323. The registered office is C/O SCOTTISH TAX BUREAU, 94 HOPE STREET, GLASGOW, G2 6PH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2017
3,305
8,600
11,905
At 31 January 2018
3,305
8,600
11,905
At 1 February 2017
2,485
6,362
8,847
Charge for the year
205
560
765
At 31 January 2018
2,690
6,922
9,612
At 31 January 2018
615
1,678
2,293
At 31 January 2017
820
2,238
3,058
Logrom Limited
Notes to the Accounts
for the year ended 31 January 2018
6
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
1,715
1,598
Loans from directors
1,459
-
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 1 (2017: 1).
