REGISTERED NUMBER: 14171302 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

Edgenext Legend (UK) Limited

Previously known as

Legend Next (UK) Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Mr K Wang

REGISTERED OFFICE:

25 Wilton Road

Victoria

London

SW1V 1LW

REGISTERED NUMBER:

14171302 (England and Wales)

SENIOR STATUTORY AUDITOR:

Suraj Shah BFP ACA FCCA

AUDITORS:

BBK Partnership

Chartered Accountants

& Statutory Auditors

1 Beauchamp Court

10 Victors Way

Barnet

Hertfordshire

EN5 5TZ

FIXED ASSETS

Intangible assets

4

334,880

386,400

Tangible assets

5

1,400

2,562

336,280

388,962

CURRENT ASSETS

Debtors

6

3,777,824

105,664

Cash at bank

695,929

1,968,034

4,473,753

2,073,698

CREDITORS

Amounts falling due within one year

7

3,927,993

1,712,020

NET CURRENT ASSETS

545,760

361,678

TOTAL ASSETS LESS CURRENT LIABILITIES

882,040

750,640

CAPITAL AND RESERVES

Called up share capital

8

500,000

500,000

Retained earnings

9

382,040

250,640

SHAREHOLDERS' FUNDS

882,040

750,640

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 31 August 2026 and were signed by:

Mr K Wang - Director

1.	STATUTORY INFORMATION

Edgenext Legend (UK) 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 as modified by the revaluation of certain assets.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from the provision of services is recognised by reference to the stage of completion at the balance sheet date.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Other Intangible Assets are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 33% (straight-line)

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

As part of their assessment of going concern, the directors of the company have considered the liquidity position and funding requirements for at least 12 months from the date of approval of these financial statements. The directors consider it appropriate to prepare the financial statements on a going concern basis.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Provisions

Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

Leases

Rentals payable and receivable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

Employee benefits

When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

The company operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Other

Intangible

Assets

£

COST

At 1 January 2025

and 31 December 2025

515,200

AMORTISATION

At 1 January 2025

128,800

Amortisation for year

51,520

At 31 December 2025

180,320

NET BOOK VALUE

At 31 December 2025

334,880

At 31 December 2024

386,400

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2025

5,614

Additions

749

At 31 December 2025

6,363

DEPRECIATION

At 1 January 2025

3,052

Charge for year

1,911

At 31 December 2025

4,963

NET BOOK VALUE

At 31 December 2025

1,400

At 31 December 2024

2,562

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

2,129,979

87,838

Other debtors

1,495,010

9,800

VAT

45,232

-

Prepayments and accrued income

107,603

8,026

3,777,824

105,664

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

2,903,672

646,348

Tax

43,451

24,329

Social security and other taxes

8,628

7,093

VAT

-

3,807

Other creditors

-

47

Accruals and deferred income

934,901

998,722

Accrued expenses

37,341

31,674

3,927,993

1,712,020

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

500,000

Ordinary

£1

500,000

500,000

9.

RESERVES

Retained

earnings

£

At 1 January 2025

250,640

Profit for the year

131,400

At 31 December 2025

382,040

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Suraj Shah BFP ACA FCCA (Senior Statutory Auditor)

for and on behalf of BBK Partnership

11.	RELATED PARTY DISCLOSURES

Included within other debtors is an intercompany loan of £1,487,210 (2024: £Nil) due from Edgenext Legend Dynasty Pte. Ltd., a fellow subsidiary undertaking incorporated in the Republic of Singapore. The loan is unsecured, non-interest bearing and repayable on demand.

The trade creditors include £nil (2024: £6,461) owed to the fellow subsidiary company, Guizhou Baishan Cloud Technology Co., Ltd, incorporated in the People's Republic of China. Also included in trade creditors is £2,723,400 (2024: £639,890) owed to a fellow subsidiary company, Edgenext Legend Dynasty Pte. Limited, a company incorporated in the Republic of Singapore. These balances arose in the ordinary course of business and are on normal commercial terms.

No compensation was paid to key management personnel during the year.

12.	ULTIMATE CONTROLLING PARTY

The directors regard Edgenext International Holdings Limited, incorporated and existing under the laws of The Cayman Islands as the immediate parent company.

The smallest and the largest group in which the results of the company is consolidated is Baishan Cloud Holdings Limited. The consolidated financial statements of the group are available from the ultimate parent located in offices of Maples Corporate Services Limited at PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands.