GB Legends Ltd - Accounts

GB Legends Ltd
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	0	635
		0	635
Current assets
Debtors	4	1,707	5,602
Cash at bank and in hand		17,125	7,786
		18,832	13,388
Creditors: amount falling due within one year	5	(3,773)	(3,290)
Net current assets		15,059	10,098

Total assets less current liabilities		15,059	10,733
Net assets		15,059	10,733

Capital and reserves
Called up share capital	6	6	6
Profit and loss account		15,053	10,727
Shareholders' funds		15,059	10,733

For the year ended 31 March 2026 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 15 August 2026 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 2026

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)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

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:

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

2.	Average number of employees Average number of employees during the year was 2 (2025 : 2).

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 April 2025	114	1,566	1,680
Additions	-	-	-
Disposals	(114)	(1,566)	(1,680)
At 31 March 2026	-	-	-
Depreciation
At 01 April 2025	68	926	994
Charge for year	-	-	-
On disposals	(68)	(926)	(994)
At 31 March 2026	-	-	-
Net book values
Closing balance as at 31 March 2026	-	-	-
Opening balance as at 01 April 2025	46	589	635

Debtors: amounts falling due within one year

	2026 £	2025 £
Trade debtors	1,707	5,602
Prepayments & accrued income	0	0
	1,707	5,602

Creditors: amount falling due within one year

	2026 £	2025 £
Trade Creditors	13	21
Corporation Tax	3,287	3,269
Accrued Expenses	300	0
Other Creditors	2	0
Directors' Current Accounts	171	0
	3,773	3,290

Share Capital

Allotted, called up and fully paid	2026 £	2025 £
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 2025 End date: 31 March 2026