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REGISTERED NUMBER: 09784840 (England and Wales)





















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

LEGMAS LIMITED

LEGMAS LIMITED (REGISTERED NUMBER: 09784840)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LEGMAS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: Mr A Kara





SECRETARY:





REGISTERED OFFICE: 1 Horsley Road
Chingford
London
E4 7HX





REGISTERED NUMBER: 09784840 (England and Wales)





ACCOUNTANTS: E R Grove & Co Limited
Grove House
Coombs Wood Court
Steel Park Road
Halesowen
West Midlands
B62 8BF

LEGMAS LIMITED (REGISTERED NUMBER: 09784840)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 1,400 1,400
Tangible assets 5 9,753 76
Investments 6 5,000 5,000
16,153 6,476

CURRENT ASSETS
Debtors 7 93,150 91,849
Cash at bank 27,614 24,649
120,764 116,498
CREDITORS
Amounts falling due within one year 8 20,899 17,096
NET CURRENT ASSETS 99,865 99,402
TOTAL ASSETS LESS CURRENT
LIABILITIES

116,018

105,878

PROVISIONS FOR LIABILITIES 1,853 -
NET ASSETS 114,165 105,878

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 114,164 105,877
114,165 105,878

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 June 2025 and were signed by:





Mr A Kara - Director


LEGMAS LIMITED (REGISTERED NUMBER: 09784840)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Legmas Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Cryptocurrency are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. INTANGIBLE FIXED ASSETS
Cryptocurrency
£   
COST
At 1 October 2023
and 30 September 2024 1,400
NET BOOK VALUE
At 30 September 2024 1,400
At 30 September 2023 1,400

LEGMAS LIMITED (REGISTERED NUMBER: 09784840)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 October 2023 240
Additions 11,635
At 30 September 2024 11,875
DEPRECIATION
At 1 October 2023 164
Charge for year 1,958
At 30 September 2024 2,122
NET BOOK VALUE
At 30 September 2024 9,753
At 30 September 2023 76

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 October 2023
and 30 September 2024 5,000
NET BOOK VALUE
At 30 September 2024 5,000
At 30 September 2023 5,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 8,000 6,699
Amounts owed by group undertakings 43,000 43,000
Other debtors 42,150 42,150
93,150 91,849

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,999 -
Taxation and social security 14,123 15,798
Other creditors 2,777 1,298
20,899 17,096