Acorah Software Products - Accounts Production 14.5.601 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 13147505 Mr Richard Mahoney iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13147505 2023-01-31 13147505 2024-01-31 13147505 2023-02-01 2024-01-31 13147505 frs-core:CurrentFinancialInstruments 2024-01-31 13147505 frs-core:Non-currentFinancialInstruments 2024-01-31 13147505 frs-core:BetweenOneFiveYears 2024-01-31 13147505 frs-core:ComputerEquipment 2024-01-31 13147505 frs-core:ComputerEquipment 2023-02-01 2024-01-31 13147505 frs-core:ComputerEquipment 2023-01-31 13147505 frs-core:FurnitureFittings 2024-01-31 13147505 frs-core:FurnitureFittings 2023-02-01 2024-01-31 13147505 frs-core:FurnitureFittings 2023-01-31 13147505 frs-core:MotorVehicles 2024-01-31 13147505 frs-core:MotorVehicles 2023-02-01 2024-01-31 13147505 frs-core:MotorVehicles 2023-01-31 13147505 frs-core:PlantMachinery 2024-01-31 13147505 frs-core:PlantMachinery 2023-02-01 2024-01-31 13147505 frs-core:PlantMachinery 2023-01-31 13147505 frs-core:WithinOneYear 2024-01-31 13147505 frs-core:ShareCapital 2024-01-31 13147505 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 13147505 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13147505 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 13147505 frs-bus:SmallEntities 2023-02-01 2024-01-31 13147505 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 13147505 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 13147505 frs-bus:Director1 2023-02-01 2024-01-31 13147505 frs-countries:EnglandWales 2023-02-01 2024-01-31 13147505 2022-01-31 13147505 2023-01-31 13147505 2022-02-01 2023-01-31 13147505 frs-core:CurrentFinancialInstruments 2023-01-31 13147505 frs-core:Non-currentFinancialInstruments 2023-01-31 13147505 frs-core:BetweenOneFiveYears 2023-01-31 13147505 frs-core:WithinOneYear 2023-01-31 13147505 frs-core:ShareCapital 2023-01-31 13147505 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 13147505
Legacy Construction Group Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13147505
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 79,331 16,249
79,331 16,249
CURRENT ASSETS
Debtors 5 59,376 110,710
Cash at bank and in hand 62,252 44,114
121,628 154,824
Creditors: Amounts Falling Due Within One Year 6 (103,086 ) (68,843 )
NET CURRENT ASSETS (LIABILITIES) 18,542 85,981
TOTAL ASSETS LESS CURRENT LIABILITIES 97,873 102,230
Creditors: Amounts Falling Due After More Than One Year 7 (17,866 ) -
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,087 ) (3,087 )
NET ASSETS 76,920 99,143
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 76,919 99,142
SHAREHOLDERS' FUNDS 76,920 99,143
Page 1
Page 2
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Richard Mahoney
Director
16/04/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Legacy Construction Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13147505 . The registered office is The Old Barn, Off Wood Street, Swanley Village, Kent, BR8 7PA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% - reducing balance
Motor Vehicles 15% - reducing balance
Fixtures & Fittings 15% - reducing balance
Computer Equipment 15% - reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
...CONTINUED
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2.5. Taxation - continued
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 February 2023 19,000 - - 116 19,116
Additions - 75,980 471 632 77,083
As at 31 January 2024 19,000 75,980 471 748 96,199
Depreciation
As at 1 February 2023 2,850 - - 17 2,867
Provided during the period 2,422 11,398 71 110 14,001
As at 31 January 2024 5,272 11,398 71 127 16,868
Net Book Value
As at 31 January 2024 13,728 64,582 400 621 79,331
As at 1 February 2023 16,150 - - 99 16,249
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 57,279 109,404
Prepayments and accrued income 880 1,266
Other debtors 1,217 40
59,376 110,710
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 9,804 -
Trade creditors 20,751 17,655
Corporation tax 7,060 30,542
Other taxes and social security 5,280 152
VAT 44,047 5,472
Other creditors 5,355 -
Director's loan account 267 4,500
Amounts owed to associates 10,522 10,522
103,086 68,843
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 17,866 -
17,866 -
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 9,804 -
Later than one year and not later than five years 17,866 -
27,670 -
27,670 -
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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