Well, thank you all for the feedback, i felt they were very constructive comments
Sorry i didn't give a lot of background info on what it is going to be used for. Like i said, it is my "identity" for my GCSE graphics project. In the project we will be making a themed activity pack for a child, therefore, i didn't want to make it too mature or boring. Also, the logo will be printed in the corner of an A3 page, and on all the products i design, so it will not be used on the web or as a large sign.
For the overall feel of the design i was going for a bit of a retro/sci-fi vibe. The logo is not mean to be linked to our theme at all, it is meant to be generic, but i liked the retro idea and went with it.
Thank you PixelFactory for your suggestions and effort you put into that quick rendering. I will work on the logo further and post the results back here, but otherwise please keep the comments and ideas coming in, they are being very greatly appreciated.