GRACE MANAGEMENT LIMITED

Company Registration Number:
06216876 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

GRACE MANAGEMENT LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8

GRACE MANAGEMENT LIMITED

Company Information

for the Period Ended 31 March 2024




Director: Mr Brian English
Registered office: 189
Abbots Road
Abbots Langley
Hertfordshire
WD5 0BN
Company Registration Number: 06216876 (England and Wales)

GRACE MANAGEMENT LIMITED

Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal Activities

Data analysis, software support and general information technology consultancy.

Political and charitable donations

No Political and/or charitable donations were made during the current period or during the previous period.

Company policy on the employment of disabled persons

It is the company’s policy to give employment to disabled persons wherever practicable. At present no member of staff is registered disabled.

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
Mr Brian English

This report was approved by the board of directors on 2 April 2024
And Signed On Behalf Of The Board By:

Name: Mr Brian English
Status: Director

GRACE MANAGEMENT LIMITED

Profit and Loss Account

for the Period Ended 31 March 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 54,035 99,575
Administrative Expenses ( 14,009 ) ( 13,655 )
Operating Profit or (Loss) 40,026 85,920
Interest Receivable and Similar Income 700 139
Interest Payable and Similar Charges - ( 21 )
Profit or (Loss) Before Tax 40,726 86,038
Tax on Profit ( 7,738 ) ( 16,347 )
Profit or (Loss) for Period 32,988 69,691

The notes form part of these financial statements

GRACE MANAGEMENT LIMITED

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 0 0
Cash at bank and in hand: 8,135 22,754
Total current assets: 8,135 22,754
Prepayments and accrued income: 0 2,340
Creditors: amounts falling due within one year: ( 8,072 ) ( 25,093 )
Net current assets (liabilities): 63 1
Total assets less current liabilities: 63 1
Total net assets (liabilities): 63 1

The notes form part of these financial statements

GRACE MANAGEMENT LIMITED

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 62 0
Shareholders funds: 63 1

For the year ending 31 March 2024 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 2 April 2024
And Signed On Behalf Of The Board By:

Name: Mr Brian English
Status: Director

The notes form part of these financial statements

GRACE MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GRACE MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

GRACE MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

GRACE MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Dividends


2024
£

2023
£
Dividends paid 32,926 69,692