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Company Registration No. 13184240 (England and Wales)
Legends Logistics Ltd Unaudited accounts for the year ended 29 February 2024
Legends Logistics Ltd Unaudited accounts Contents
Page
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Legends Logistics Ltd Company Information for the year ended 29 February 2024
Director
Abdallah Kadhi
Company Number
13184240 (England and Wales)
Registered Office
FLAT 9 CITRINE LODGE 1 TOURMALINE WAY LONDON NW9 6FY ENGLAND
Accountants
Anit Shah MAAT Laxmi Accountancy Ltd 27 Belvedere Way Harrow Middlesex HA3 9XQ
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Legends Logistics Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
35,328 
44,160 
Current assets
Debtors
3,422 
- 
Cash at bank and in hand
2,297 
2,196 
5,719 
2,196 
Creditors: amounts falling due within one year
(17,198)
(22,556)
Net current liabilities
(11,479)
(20,360)
Total assets less current liabilities
23,849 
23,800 
Creditors: amounts falling due after more than one year
(24,534)
(33,020)
Net liabilities
(685)
(9,220)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(686)
(9,221)
Shareholders' funds
(685)
(9,220)
For the year ending 29 February 2024 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 20 November 2024 and were signed on its behalf by
Abdallah Kadhi Director Company Registration No. 13184240
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Legends Logistics Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Legends Logistics Ltd is a private company, limited by shares, registered in England and Wales, registration number 13184240. The registered office is FLAT 9 CITRINE LODGE, 1 TOURMALINE WAY, LONDON, NW9 6FY, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20%
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 March 2023
69,000 
At 29 February 2024
69,000 
Depreciation
At 1 March 2023
24,840 
Charge for the year
8,832 
At 29 February 2024
33,672 
Net book value
At 29 February 2024
35,328 
At 28 February 2023
44,160 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
3,422 
- 
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Legends Logistics Ltd Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,359 
2,717 
Obligations under finance leases and hire purchase contracts
13,839 
13,839 
Proposed dividends
- 
6,000 
17,198 
22,556 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
4,534 
18,373 
Loans from directors
20,000 
14,647 
24,534 
33,020 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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