BRIGHT & GRACE LIMITED

Company Registration Number:
13201813 (England and Wales)

Unaudited abridged accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

BRIGHT & GRACE LIMITED

Contents of the Financial Statements

for the Period Ended 29 February 2024

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 11

BRIGHT & GRACE LIMITED

Company Information

for the Period Ended 29 February 2024




Director: Arulpirakasam Vamadevan
Registered office: 28
Crown Road
Ilford
Essex
England
IG6 1NF
Company Registration Number: 13201813 (England and Wales)

BRIGHT & GRACE LIMITED

Profit and Loss Account

for the Period Ended 29 February 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 54,835 57,577
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) -
Administrative Expenses ( 29,524 ) ( 30,398 )
Operating Profit or (Loss) 25,311 27,179
Interest Receivable and Similar Income 192 34
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax 25,503 27,213
Tax on Profit ( 4,858 ) ( 5,180 )
Profit or (Loss) for Period 20,645 22,033

The notes form part of these financial statements

BRIGHT & GRACE LIMITED

Balance sheet

As at 29 February 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 0
Tangible assets: 5 125 250
Total fixed assets: 125 250
Current assets
Stocks: 0
Debtors: 80 80
Cash at bank and in hand: 8,404 8,607
Total current assets: 8,484 8,687
Prepayments and accrued income: 0 1,200
Creditors: amounts falling due within one year: ( 7,725 ) ( 9,897 )
Net current assets (liabilities): 759 ( 10 )
Total assets less current liabilities: 884 240
Total net assets (liabilities): 884 240

The notes form part of these financial statements

BRIGHT & GRACE LIMITED

Balance sheet continued

As at 29 February 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 784 140
Shareholders funds: 884 240

For the year ending 29 February 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 27 October 2024
And Signed On Behalf Of The Board By:

Name: Arulpirakasam Vamadevan
Status: Director

The notes form part of these financial statements

BRIGHT & GRACE LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 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

BRIGHT & GRACE LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

BRIGHT & GRACE LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 3. Off balance sheet disclosure

    No

BRIGHT & GRACE LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Dividends


2024
£

2023
£
Dividends paid 20,000 22,000

BRIGHT & GRACE LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

5. Tangible Assets

Total
Cost £
At 01 March 2023 500
Additions 0
Disposals (0)
Revaluations 0
Transfers 0
At 29 February 2024 500
Depreciation
At 01 March 2023 250
Charge for year 125
On disposals (0)
Other adjustments 0
At 29 February 2024 375
Net book value
At 29 February 2024 125
At 28 February 2023 250