Legitimate Leadership Int Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 12903113

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		-		80

			-		80
CURRENT ASSETS
Debtors	5	206,676		55,131
Cash at bank and in hand		247,161		368,961

		453,837		424,092
Creditors: Amounts Falling Due Within One Year	6	(79,721 )		(110,712 )

NET CURRENT ASSETS (LIABILITIES)			374,116		313,380

TOTAL ASSETS LESS CURRENT LIABILITIES			374,116		313,460

NET ASSETS			374,116		313,460

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			374,016		313,360

SHAREHOLDERS' FUNDS			374,116		313,460

For the year ending 29 September 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Ian Munro

Director

26/09/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Legitimate Leadership Int Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12903113 . The registered office is 42 Lytton Road, Barnet, EN5 5BY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Going Concern Disclosure

The Directors are of the view that the company is a going concern and will continue to trade for the foreseeable future.

2.3. 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.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

33%

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

Taxation expense for the year represents current tax recognised in the reporting period and is recognised in the statement of comprehensive income. Current tax is the amount of income tax payable in respect of taxable profit for the year or prior years. Tax is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the year end. Current taxation assets and liabilities are not discounted. Deferred tax assets are recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are only 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 assets and liabilities are measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply in the periods in which any timing differences are expected to reverse. Deferred tax assets and liabilities are not discounted. No deferred tax asset has been recognised for the current or previous year.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2023: 3)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 30 September 2023	708

As at 29 September 2024	708

...CONTINUED

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Legitimate Leadership Int Limited

Notes to the Financial Statements (continued)

For The Year Ended 29 September 2024

Depreciation
As at 30 September 2023	628
Provided during the period	80

As at 29 September 2024	708

Net Book Value
As at 29 September 2024	-

As at 30 September 2023	80

5. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	107,869	51,645
Amounts owed by group undertakings	441	3,386
Other debtors	98,366	100

	206,676	55,131

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Other debtors above includes expenses paid in advance.

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	35,255	38,225
Amounts owed to group undertakings	13,259	5,778
Other creditors	25,325	25,597
Taxation and social security	5,882	41,112

	79,721	110,712

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Other creditors of £25,325 includes accrued expenses of £24,701 (2023: £25,597) and £624 owed to directors in unpaid expenses (2023: nil). Loans from directors are interest free and have no fixed terms of repayment.

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

8. Related Party Transactions

Legitimate Leadership Int Ltd, Legitimate Leadership (Pty) Ltd and Legitimate Leadership Holdings (Pty) Ltd are related parties by virtue of having Shareholders in common. At balance sheet date, Legitimate Leadership Int Ltd owed Legitimate Leadership Holdings (Pty) Ltd £13,259 (2023: £5,778) and Legitimate Leadership (Pty) Ltd owed Legitimate Leadership Int Ltd £441 (2023: £3,386). Amounts owed to related parties are unsecured, interest-free and have no fixed terms of repayment.

Included in trade creditors (note 6) was an amount of £5,961 (2023: £4,826) payable to Legitimate Leadership (Pty) Ltd as well as an amount of £6,754 (2023: £10,586) payable to Legitimate Leadership Holdings (Pty) Ltd.

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