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
Legacy Innovation Services (UK) Ltd
Company Information
for the year ended 30 November 2023
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
Legacy Innovation Services (UK) Ltd
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
47,874
-
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)
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
Legacy Innovation Services (UK) Ltd
Notes to the Accounts
for the year ended 30 November 2023
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.
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.
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:
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
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
At 30 November 2023
10
10
10
1,691
1,721
At 30 November 2022
10
10
10
-
30
Legacy Innovation Services (UK) Ltd
Notes to the Accounts
for the year ended 30 November 2023
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)
7
Creditors: amounts falling due after more than one year
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).