REGISTERED NUMBER: 15471968 (England and Wales)

Unaudited Financial Statements

for the Period 7 February 2024 to 31 March 2025

for

L&B Legacy Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

B Hedges

REGISTERED OFFICE:

118 Carlton Road

Reigate

Surrey

RH2 0JF

REGISTERED NUMBER:

15471968 (England and Wales)

ACCOUNTANTS:

AFS Accountants

1st Floor Office

190 London Road

Westerham

Kent

TN16 2DJ

FIXED ASSETS

Investment property

4

636,425

CURRENT ASSETS

Debtors

5

17,920

Cash at bank and in hand

777

18,697

CREDITORS

Amounts falling due within one year

6

234,632

NET CURRENT LIABILITIES

(215,935

)

TOTAL ASSETS LESS CURRENT LIABILITIES

420,490

CREDITORS

Amounts falling due after more than one year

7

432,383

NET LIABILITIES

(11,893

)

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(11,993

)

SHAREHOLDERS' FUNDS

(11,893

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 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 November 2025 and were signed by:

B Hedges - Director

1.	STATUTORY INFORMATION

L&B Legacy 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

636,425

At 31 March 2025

636,425

NET BOOK VALUE

At 31 March 2025

636,425

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

17,920

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts

25,117

Other creditors

209,515

234,632

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans

432,383

8.	SECURED DEBTS

The following secured debts are included within creditors:

£

Bank loans

457,500

Bank loans amounting to £457,500 are secured by a fixed charge against the associated property within the financial statements.