Company Registration No. 08808474 (England and Wales)
Elgrace Ltd
Unaudited accounts
for the year ended 31 December 2022
Elgrace Ltd
Unaudited accounts
Contents
Elgrace Ltd
Company Information
for the year ended 31 December 2022
Directors
Lily Acheampong
Lily Acheampong
Company Number
08808474 (England and Wales)
Registered Office
16 NAZARETH GARDENS
GORDON ROAD
LONDON
SE15 2AB
ENGLAND
Elgrace Ltd
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
410
4,965
Creditors: amounts falling due within one year
(12,793)
(10,347)
Net current liabilities
(7,615)
(2,886)
Total assets less current liabilities
251
338
Creditors: amounts falling due after more than one year
(229)
-
Called up share capital
1
1
Profit and loss account
21
337
Shareholders' funds
22
338
For the year ending 31 December 2022 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2023 and were signed on its behalf by
Lily Acheampong
Director
Company Registration No. 08808474
Elgrace Ltd
Notes to the Accounts
for the year ended 31 December 2022
Elgrace Ltd is a private company, limited by shares, registered in England and Wales, registration number 08808474. The registered office is 16 NAZARETH GARDENS, GORDON ROAD, LONDON, SE15 2AB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
12% Straight line method
4
Tangible fixed assets
Computer equipment
5
Investments
Other investments
Valuation at 1 January 2022
3,080
Valuation at 31 December 2022
4,760
Elgrace Ltd
Notes to the Accounts
for the year ended 31 December 2022
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
12,793
10,347
8
Creditors: amounts falling due after more than one year
2022
2021
Taxes and social security
229
-
9
Average number of employees
During the year the average number of employees was 1 (2021: 1).