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Company Registration No. 15363206 (England and Wales)
1legion Technologies Ltd Unaudited accounts for the period from 20 December 2023 to 31 December 2024
1legion Technologies Ltd Unaudited accounts Contents
Page
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1legion Technologies Ltd Company Information for the period from 20 December 2023 to 31 December 2024
Director
D Vargas Racero
Company Number
15363206 (England and Wales)
Registered Office
20 Wenlock Road London London N1 7GU England
Accountants
Clearfin Accountants Limited Churchill House 137-139 Brent Street London NW4 4DJ
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1legion Technologies Ltd Statement of financial position as at 31 December 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
355,711 
Current assets
Debtors
42,471 
Cash at bank and in hand
(201)
42,270 
Creditors: amounts falling due within one year
(173,296)
Net current liabilities
(131,026)
Total assets less current liabilities
224,685 
Creditors: amounts falling due after more than one year
(193,194)
Provisions for liabilities
Deferred tax
(66,564)
Net liabilities
(35,073)
Capital and reserves
Called up share capital
1 
Profit and loss account
(35,074)
Shareholders' funds
(35,073)
For the period ending 31 December 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 17 September 2025 and were signed on its behalf by
D Vargas Racero Director Company Registration No. 15363206
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1legion Technologies Ltd Notes to the Accounts for the period from 20 December 2023 to 31 December 2024
1
Statutory information
1legion Technologies Ltd is a private company, limited by shares, registered in England and Wales, registration number 15363206. The registered office is 20 Wenlock Road, London, London, N1 7GU, 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 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
20% on straight line
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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1legion Technologies Ltd Notes to the Accounts for the period from 20 December 2023 to 31 December 2024
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 20 December 2023
- 
- 
- 
Additions
370,605 
7,167 
377,772 
At 31 December 2024
370,605 
7,167 
377,772 
Depreciation
Charge for the period
20,269 
1,792 
22,061 
At 31 December 2024
20,269 
1,792 
22,061 
Net book value
At 31 December 2024
350,336 
5,375 
355,711 
5
Debtors
2024 
£ 
Amounts falling due within one year
VAT
370 
Trade debtors
41,741 
Other debtors
360 
42,471 
6
Creditors: amounts falling due within one year
2024 
£ 
Trade creditors
27,757 
Amounts owed to group undertakings and other participating interests
21,172 
Other creditors
119,070 
Accruals
5,297 
173,296 
7
Creditors: amounts falling due after more than one year
2024 
£ 
Other creditors
193,194 
8
Average number of employees
During the period the average number of employees was 1.
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