LEGNO LIMITED
LEGNO LIMITED
2020
2019
Notes
£
£
Fixed assets
Current assets
Inventories
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(21,588 )
(10,506 )
Net current assets
Net assets
Capital and reserves
Called up share capital
Profit and loss account
Shareholders' funds
The financial statements were approved by the Board and authorised for issue on 13 May 2021 and were signed on its behalf by
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1
Statutory information
2
Compliance with accounting standards
3
Accounting policies
These financial statements for the year ended 30 September 2020 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2018.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
Presentation currency
Tangible fixed assets and depreciation
Computer equipment
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 October 2019
Additions
At 30 September 2020
Depreciation
Charge for the year
At 30 September 2020
Net book value
At 30 September 2020
5
Average number of employees
During the year the average number of employees was 1 (2019: 1 ).
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