Legacy Magazines Ltd

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 07556957

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		161		161

			161		161
CURRENT ASSETS
Stocks		-		500
Debtors		640		4,254
Cash at bank and in hand		2,907		11,606

		3,547		16,360
Creditors: Amounts Falling Due Within One Year		(71,849 )		(53,890 )

NET CURRENT ASSETS (LIABILITIES)			(68,302 )		(37,530 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(68,141 )		(37,369 )

Creditors: Amounts Falling Due After More Than One Year			(20,958 )		(26,577 )

NET LIABILITIES			(89,099 )		(63,946 )

CAPITAL AND RESERVES
Called up share capital	5		2		2
Profit and Loss Account			(89,101 )		(63,948 )

SHAREHOLDERS' FUNDS			(89,099)		(63,946)

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Legacy Magazines Ltd

Abridged Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2026 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr John Wreaves

Director

24 September 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Legacy Magazines Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07556957 . The registered office is 180 Coombe Lane West, Kingston Upon Thames, Surrey, KT2 7DE.

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

At 31 March 2026 the company's liabilities exceeded its' assets by £89,099. However included within creditors are loans from the director totalling £61,716 and the director will continue to provide financial support to the company. The accounts have therefore been completed on a going concern basis.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer.

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:

Fixtures & Fittings	25% on reducing balance
Computer Equipment	33% on cost

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2025: NIL)

4. Tangible Assets

	Total
	£
Cost
As at 1 April 2025	11,788

As at 31 March 2026	11,788

Depreciation
As at 1 April 2025	11,627

As at 31 March 2026	11,627

...CONTINUED

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Legacy Magazines Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2026

Net Book Value
As at 31 March 2026	161

As at 1 April 2025	161

5. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	2	2

6. Related Party Transactions

At 31 March 2026, a director was owed by the company the sum of £61,716 (2025 - £45,430). This loan is interest free and has no fixed repayment date.

At 31 March 2026 the company was owed the sum of £ 640 (2025 - £1,055) from a company under common control.

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