Company registration number 08841635 (England and Wales)
LEADER LEGACY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023
PAGES FOR FILING WITH REGISTRAR
LEADER LEGACY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
LEADER LEGACY LIMITED (REGISTERED NUMBER: 08841635)
BALANCE SHEET
AS AT
31 JANUARY 2023
31 January 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Investments
3
10
10
Current assets
Debtors
5
100
100
Creditors: amounts falling due within one year
6
(10)
(10)
Net current assets
90
90
Net assets
100
100
Capital and reserves
-
-
Called up share capital
100
100
Total equity
100
100

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 24 May 2023
Miss J A Leader
Director
LEADER LEGACY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023
- 2 -
1
Accounting policies
Company information

Leader Legacy Limited is a private company limited by shares incorporated in England and Wales. The registered office is 85 St Michaels Gate, Shrewsbury, Shropshire, SY1 2HL.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
1
1
3
Fixed asset investments
2023
2022
£
£
Shares in group undertakings and participating interests
10
10
4
Subsidiaries

Details of the company's subsidiaries at 31 January 2023 are as follows:

LEADER LEGACY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2023
4
Subsidiaries
(Continued)
- 3 -
Name of undertaking
Registered office
Class of
% Held
shares held
Direct
143 Property Ltd
United Kingdom
Ordinary B
50.00
5
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
100
100
6
Creditors: amounts falling due within one year
2023
2022
£
£
Other creditors
10
10
2023-01-312022-02-01false24 May 2023CCH SoftwareCCH Accounts Production 2023.300No description of principal activityMiss J A Leaderfalse088416352022-02-012023-01-31088416352023-01-31088416352022-01-3108841635core:CurrentFinancialInstrumentscore:WithinOneYear2023-01-3108841635core:CurrentFinancialInstrumentscore:WithinOneYear2022-01-3108841635core:ShareCapital2023-01-3108841635core:ShareCapital2022-01-3108841635bus:Director12022-02-012023-01-31088416352021-02-012022-01-3108841635core:WithinOneYear2023-01-3108841635core:WithinOneYear2022-01-3108841635core:CurrentFinancialInstruments2023-01-3108841635core:CurrentFinancialInstruments2022-01-3108841635bus:PrivateLimitedCompanyLtd2022-02-012023-01-3108841635bus:SmallCompaniesRegimeForAccounts2022-02-012023-01-3108841635bus:FRS1022022-02-012023-01-3108841635bus:AuditExemptWithAccountantsReport2022-02-012023-01-3108841635bus:FullAccounts2022-02-012023-01-31xbrli:purexbrli:sharesiso4217:GBP