Legion House (UK) Limited |
Registered Number:06058616 |
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2024
Legion House (UK) Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Legion House (UK) Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
1,430
1,788
5,900,000
5,900,000
5,901,430
5,901,788
Trade and other receivables |
284,081
295,916
3
129,289
Cash and cash equivalents |
57,552
353,468
413,370
Trade and other payables: amounts falling due within one |
year |
(160,381)
(147,221)
4
252,989
206,247
Net current assets
Total assets less current liabilities |
6,107,677
6,154,777
Trade and other payables: amounts falling due after more |
than one year |
(4,302,232)
(4,212,878)
5
(432,717)
(432,717)
Provisions for liabilities |
1,462,082
Net assets
1,419,828
500
500
1,461,582
1,419,328
1,462,082
1,419,828
Shareholders' funds
For the year ended 31 March 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 03 December 2024 and were signed by: |
1 of 4
For the year ended 31 March 2024
Legion House (UK) Limited
Statement of Financial Position Continued
The notes form part of these financial statements |
2 of 4
For the year ended 31 March 2024
Legion House (UK) Limited
Notes to the Financial Statements
Statutory Information
Legion House (UK) Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 06058616. |
Ashiana Farm Drive
Straight Road, Old Windsor
Berkshire
SL4 2NW
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for sale of residential flats and rent from commercial and residential properties. Revenue from the sale of properties is recognised when the properties have been transferred to the customers such that the risks and rewards of ownership of are transferred to them. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and buildings
Computer equipment
Fixtures and fittings
The company''s freehold properties are revalued in full every five years. Interim valuations are carried out when it is |
likely that there has been a material change in value. |
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Deferred tax
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference. |
2. Investments held as fixed assets |
3 of 4
For the year ended 31 March 2024
Legion House (UK) Limited
Notes to the Financial Statements Continued
3. Trade and other receivables |
2023
2024
27,450
30,350
Amounts owed by group undertakings and participating interests |
219,333
209,833
49,133
43,898
284,081
295,916
4. Trade and other payables: amounts falling due within one year |
2023
2024
30,353
26,726
Amounts owed to group undertaking and undertaking in which the |
company has a participating interest |
44,165
81,165
Taxation and social security |
19,091
-
53,612
52,490
147,221
160,381
5. Trade and other payables: amounts falling due after more than one year |
2023
2024
39,839
44,983
Bank loans and overdraft (secured) |
3,009,839
3,072,249
1,163,200
1,185,000
4,212,878
4,302,232
6. Average number of persons employed |
During the year the average number of employees was 0
4 of 4