2023-02-16 2024-02-28 false Capium Accounts Production 1.1 14668067 bus:AbridgedAccounts 2023-02-16 2024-02-28 14668067 bus:FRS102 2023-02-16 2024-02-28 14668067 bus:AuditExemptWithAccountantsReport 2023-02-16 2024-02-28 14668067 bus:SmallCompaniesRegimeForAccounts 2023-02-16 2024-02-28 14668067 bus:PrivateLimitedCompanyLtd 2023-02-16 2024-02-28 14668067 2023-02-16 2024-02-28 14668067 2024-02-28 14668067 bus:RegisteredOffice 2023-02-16 2024-02-28 14668067 core:WithinOneYear 2024-02-28 14668067 core:AfterOneYear 2024-02-28 14668067 bus:Director1 2023-02-16 2024-02-28 14668067 bus:Director1 2024-02-28 14668067 2022-02-16 14668067 bus:CompanySecretary1 2023-02-16 2024-02-28 14668067 bus:LeadAgentIfApplicable 2023-02-16 2024-02-28 14668067 2023-02-15 14668067 bus:OrdinaryShareClass1 2023-02-16 2024-02-28 14668067 bus:OrdinaryShareClass1 2024-02-28 14668067 core:ComputerEquipment 2023-02-16 2024-02-28 14668067 core:ComputerEquipment 2024-02-28 14668067 core:ComputerEquipment 2023-02-15 14668067 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-02-28 14668067 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-02-15 14668067 core:CostValuation core:Non-currentFinancialInstruments 2024-02-28 14668067 core:CostValuation core:Non-currentFinancialInstruments 2023-02-15 14668067 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-02-28 14668067 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-02-28 14668067 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-02-28 14668067 core:Non-currentFinancialInstruments 2024-02-28 14668067 core:Non-currentFinancialInstruments 2023-02-15 14668067 core:CapitalRedemptionReserve 2024-02-28 14668067 core:RetainedEarningsAccumulatedLosses 2024-02-28 14668067 dpl:Item1 2023-02-16 14668067 dpl:Item1 2024-02-28 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 14668067
England and Wales

 

 

 

LORD - GRACE UK LTD


Abridged Accounts
 


Period of accounts

Start date: 16 February 2023

End date: 28 February 2024
Accountants report:  You consider that the company is exempt from an audit for the financial year ended 28 February 2024. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Paul E Ono
Chartered Accountant



....................................................
PAUL ONO
CPPT & ACCOUNTANCY SERVICES LIMITED

UNIT 203A
Island Business Centre
18 - 36 Wellington Street
London
SE18 6PF
12 November 2024
1
 
 
Notes
 
2024
£
Fixed assets    
Tangible fixed assets 5 4,500 
4,500 
Current assets    
Debtors 5,000 
Creditors: amount falling due within one year (446)
Net current assets 4,554 
 
Total assets less current liabilities 9,054 
Creditors: amount falling due after more than one year (3,000)
Net assets 6,054 
 

Capital and reserves
   
Capital Redemption Reserve 5,854 
Profit and loss account 200 
Shareholders' funds 6,054 
 


For the accounting period ended 28 February 2024, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the financial year period ended 28 February 2028 in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts for the financial year ended 28 February 2024.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 11 November 2024 and were signed by:


-------------------------------
MARINA MOUSSOKROA PALAZZO
Secretary
2
General Information
LORD - GRACE UK LTD is a Private Limited Company, and it is registered in England and Wales. The Company Registration Number is 14668067 and the registered office address is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company to third parties during the financial year ended 28 February 2024, exclusive of Value Added Tax and trade discounts. 
Cost of sales
Cost of Sales represents the cost of services rendered to third parties during the financial year period ended 28 February 2024.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Computer, Printer and Laptop at the cost of £5,000.00 and 10% Straight Line for over 10 years - reducing Balance
Computer, Laptop, Equipment and Printer 10% / 10 Reducing Balance
2.

Staff Costs

2024
£
Other staff costs 5,000 
5,000 
Average number of employees during the period Number
Administration 1 
Sales 2 
Staff Costs are costs incurred by the company in payment of employees and staff salaries including staff training during the financial year ended 28 February 2024.  

3.

Average number of employees

The average number of employees employed by the company during the financial year period ended 28 February 2024 were three.
Average number of employees during the period was 3.
4.

Financial Commitments, Guarantees and Contingencies

The director of Lord - Grace UK Ltd is committed to the company and to continue to finance and to grow the company and also ensure the company becomes a household name in the United Kingdom and across the developed world. 

5.

Tangible fixed assets

Cost or valuation Computer, Laptop, Equipment and Printer   Total
  £   £
At 16 February 2023  
Additions 5,000    5,000 
Disposals  
At 28 February 2024 5,000    5,000 
Depreciation
At 16 February 2023  
Charge for period 500    500 
On disposals  
At 28 February 2024 500    500 
Net book values
Closing balance as at 28 February 2024 4,500    4,500 
Opening balance as at 16 February 2023  


6.

Share Capital

Authorised
100 Class A shares of £1.00 each
Allotted, called up and fully paid
2024
£
100 Class A shares of £1.00 each 100 
100 

7.

Advances and Credits



Loan from YouLend Ltd to Grow the Business
The Director lend the company the total interest free loan of £3000.00 and also borrowed a total amount of £2,580.00 from YouLend Ltd to purchase goods online and to grow the company. The duration of the loan borrowed from YOULEND LTD was one year and to be repaid within the financial year ended 28 February 2024 or within one financial year period at a total interest rate of £446.00. The Director loan of £3,000.00 to the company is repayable without interest when the company start making enough profit in more than one financial years.

DIRECTOR'S LOAN TO THE COMPANY
The director of the company has loaned the company £3,000.00 to trade and buy goods online to resale at profit and to grow the company at free interest rate repayment for over five financial years.

Current year (2024)
Brought Forward
£
Amount
£
Interest
£
Repaid
£
Written Off
£
Waived
£
Carry Forward
£
Loan from YouLend Ltd to Grow the Business2,580 446 3,026 
DIRECTOR'S LOAN TO THE COMPANY3,000 3,000 
055804463026003000
3