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REGISTERED NUMBER: 10867396 (England and Wales)













































Unaudited Financial Statements

for the Year Ended 31 July 2023

for

GRACE IT LIMITED

GRACE IT LIMITED (REGISTERED NUMBER: 10867396)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Balance Sheet 1


GRACE IT LIMITED (REGISTERED NUMBER: 10867396)

Balance Sheet
31 July 2023

2023 2022
£    £    £    £   
FIXED ASSETS 287 718

CURRENT ASSETS 16,662 20,743

CREDITORS
Amounts falling due within one year (8,884 ) (8,235 )
NET CURRENT ASSETS 7,778 12,508
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,065

13,226

CREDITORS
Amounts falling due after more than one year 14,877 18,603
NET LIABILITIES (6,812 ) (5,377 )

CAPITAL AND RESERVES (6,812 ) (5,377 )

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

GRACE IT LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10867396

Registered office: 34 Upperton Road
Leicester
Leicestershire
LE3 0HB

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2022 - 1 ) .

3. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2023 and 31 July 2022:

2023 2022
£    £   
P Grace
Balance outstanding at start of year 12,008 19,795
Amounts advanced 118 -
Amounts repaid - (7,787 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 12,126 12,008

GRACE IT LIMITED (REGISTERED NUMBER: 10867396)

Balance Sheet - continued
31 July 2023




The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 18 April 2024 and were signed by:





P Grace - Director