Company Registration No. 12667621 (England and Wales)
Log 1n Ltd
Unaudited accounts
for the year ended 30 June 2022
Log 1n Ltd
Unaudited accounts
Contents
Log 1n Ltd
Company Information
for the year ended 30 June 2022
Directors
Ondrej Miskanic
Ondrej Miskanic
Company Number
12667621 (England and Wales)
Registered Office
83 Ducie Street
Manchester
Lancashire
M1 2JQ
England
Log 1n Ltd
Statement of financial position
as at 30 June 2022
Tangible assets
15,864
17,847
Cash at bank and in hand
36,129
38,402
Creditors: amounts falling due within one year
(363,131)
(384,160)
Net current liabilities
(128,696)
(138,689)
Net liabilities
(112,832)
(120,842)
Called up share capital
1
1
Profit and loss account
(112,833)
(120,843)
Shareholders' funds
(112,832)
(120,842)
For the year ending 30 June 2022 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 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 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.
The financial statements were approved by the Board of Directors and authorised for issue on 1 July 2022 and were signed on its behalf by
Ondrej Miskanic
Director
Company Registration No. 12667621
Log 1n Ltd
Notes to the Accounts
for the year ended 30 June 2022
Log 1n Ltd is a private company, limited by shares, registered in England and Wales, registration number 12667621. The registered office is 83 Ducie Street, , Manchester, Lancashire, M1 2JQ, England.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
160,204
167,982
Log 1n Ltd
Notes to the Accounts
for the year ended 30 June 2022
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
230,193
247,438
Taxes and social security
16,828
16,173
Other creditors
52,048
53,994
Loans from directors
24,064
26,140
7
Average number of employees
During the year the average number of employees was 5 (2021: 5).