Registered Number 07202020

BUSINESS LEGACY LIMITED

Abbreviated Accounts

31 March 2015

BUSINESS LEGACY LIMITED Registered Number 07202020

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Current assets
Debtors 6,104 3,642
Cash at bank and in hand 1,390 -
7,494 3,642
Creditors: amounts falling due within one year (82,346) (64,895)
Net current assets (liabilities) (74,852) (61,253)
Total assets less current liabilities (74,852) (61,253)
Total net assets (liabilities) (74,852) (61,253)
Capital and reserves
Called up share capital 100 100
Profit and loss account (74,952) (61,353)
Shareholders' funds (74,852) (61,253)
  • For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 8 December 2015

And signed on their behalf by:
Hilary Steel, Director
Suzanne Smith, Director

BUSINESS LEGACY LIMITED Registered Number 07202020

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Transactions with directors

Name of director receiving advance or credit: Suzanne Smith
Description of the transaction: Loan to Company
Balance at 1 April 2014: £ 13,329
Advances or credits made: £ 10,631
Advances or credits repaid: -
Balance at 31 March 2015: £ 23,960

Name of director receiving advance or credit: Hilary Steel
Description of the transaction: Loan to Company
Balance at 1 April 2014: £ 24,242
Advances or credits made: £ 6,421
Advances or credits repaid: -
Balance at 31 March 2015: £ 30,663