GB Legends Ltd - Accounts

GB Legends Ltd
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	635	905
		635	905
Current assets
Debtors	4	5,602	493
Cash at bank and in hand		7,786	5,288
		13,388	5,781
Creditors: amount falling due within one year	5	(3,290)	(1,500)
Net current assets		10,098	4,281

Total assets less current liabilities		10,733	5,186
Net assets		10,733	5,186

Capital and reserves
Called up share capital	6	6	6
Profit and loss account		10,727	5,180
Shareholders' funds		10,733	5,186

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 profit and loss account has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 06 December 2025 and were signed on its behalf by:

-------------------------------
G A Hines
Director

GB Legends Ltd
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

GB Legends Ltd is a private company, limited by shares, registered in England and Wales, registration number 12519673, registration address 14 Joslin Close, Colchester, Essex, CO4 3GQ.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Tangible fixed assets

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:

Fixtures and Fittings	20% Straight Line
Computer Equipment	20% Straight Line

2.	Average number of employees Average number of employees during the year was 2 (2024 : 2).

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 April 2024	114	1,515	1,629
Additions	-	-	-
Disposals	-	-	-
At 31 March 2025	114	1,515	1,629
Depreciation
At 01 April 2024	46	632	678
Charge for year	22	294	316
On disposals	-	-	-
At 31 March 2025	68	926	994
Net book values
Closing balance as at 31 March 2025	46	589	635
Opening balance as at 01 April 2024	68	837	905

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade debtors	5,602	256
Prepayments & accrued income	0	0
Other Debtors	0	237
	5,602	493

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	21	221
Corporation Tax	3,269	1,279
Other Creditors	0	0
	3,290	1,500

Share Capital

Allotted, called up and fully paid	2025 £	2024 £
4 Class A shares of £1.00 each	4	4
1 Class B share of £1.00 each	1	1
1 Class C share of £1.00 each	1	1
	6	6

Registered Number: 12519673
England and Wales
GB LEGENDS LTD

Unaudited Financial Statements

Period of accounts Start date: 01 April 2024 End date: 31 March 2025