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Company Registration No. 06963878 (England and Wales)
Legacy Innovation Services (UK) Ltd Unaudited Accounts for the year ended 30 November 2023
Legacy Innovation Services (UK) Ltd Unaudited Accounts Contents
Page
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Legacy Innovation Services (UK) Ltd Company Information for the year ended 30 November 2023
Director
Kayode Aliu
Secretary
Kayode Aliu
Company Number
06963878 (England and Wales)
Registered Office
43 Woolhampton Way READING RG2 0WZ
Accountants
Fanla & Co Unit 10 Warwick House Overton Road London SW9 7JP
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Legacy Innovation Services (UK) Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,721 
30 
Current assets
Debtors
14,190 
9,240 
Cash at bank and in hand
47,874 
- 
62,064 
9,240 
Creditors: amounts falling due within one year
77,590 
75,397 
Net current assets
139,654 
84,637 
Total assets less current liabilities
141,375 
84,667 
Creditors: amounts falling due after more than one year
(40,035)
(27,484)
Net assets
101,340 
57,183 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
100,340 
56,183 
Shareholders' funds
101,340 
57,183 
For the year ending 30 November 2023 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.
The financial statements were approved by the Board and authorised for issue on 28 August 2024 and were signed on its behalf by
Kayode Aliu Director Company Registration No. 06963878
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Legacy Innovation Services (UK) Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Legacy Innovation Services (UK) Ltd is a private company, limited by shares, registered in England and Wales, registration number 06963878. The registered office is 43 Woolhampton Way, READING, RG2 0WZ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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%
Motor vehicles
25%
Fixtures & fittings
25%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 December 2022
2,273 
9,118 
2,295 
- 
13,686 
Additions
- 
- 
- 
2,538 
2,538 
At 30 November 2023
2,273 
9,118 
2,295 
2,538 
16,224 
Depreciation
At 1 December 2022
2,263 
9,108 
2,285 
- 
13,656 
Charge for the year
- 
- 
- 
847 
847 
At 30 November 2023
2,263 
9,108 
2,285 
847 
14,503 
Net book value
At 30 November 2023
10 
10 
10 
1,691 
1,721 
At 30 November 2022
10 
10 
10 
- 
30 
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Legacy Innovation Services (UK) Ltd Notes to the Accounts for the year ended 30 November 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Other debtors
14,190 
9,240 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
- 
24,827 
Amounts owed to group undertakings and other participating interests
(87,639)
(91,639)
Taxes and social security
12,677 
- 
Other creditors
11,334 
4,649 
Loans from directors
(15,862)
(14,434)
Accruals
1,900 
1,200 
(77,590)
(75,397)
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
40,035 
27,484 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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