Grace Accountancy Services Ltd 03749970 Accountancy Pratice false 6 April 2023 03749970 2023-04-06 2024-04-05 03749970 2023-04-05 03749970 2024-04-05 03749970 2022-04-06 2023-04-05 03749970 2022-04-05 03749970 2023-04-05 03749970 frs102-bus:FRS102 2023-04-06 2024-04-05 03749970 frs102-bus:PrivateLimitedCompanyLtd 2023-04-06 2024-04-05 03749970 frs102-bus:FullAccounts 2023-04-06 2024-04-05 03749970 frs102-bus:AuditExempt-NoAccountantsReport 2023-04-06 2024-04-05 03749970 frs102-core:CurrentFinancialInstruments 2024-04-05 03749970 frs102-core:CurrentFinancialInstruments 2023-04-05 03749970 frs102-core:Non-currentFinancialInstruments 2024-04-05 03749970 frs102-core:Non-currentFinancialInstruments 2023-04-05 03749970 frs102-core:ShareCapital 2024-04-05 03749970 frs102-core:ShareCapital 2023-04-05 03749970 frs102-core:RetainedEarningsAccumulatedLosses 2024-04-05 03749970 frs102-core:RetainedEarningsAccumulatedLosses 2023-04-05 03749970 frs102-bus:Director1 2023-04-06 2024-04-05 03749970 frs102-core:Non-standardPPEClass3ComponentTotalPropertyPlantEquipment 2023-04-06 2024-04-05 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
03749970
Grace Accountancy Services Ltd
Unaudited Accounts
for the year ended
5 April 2024
Grace Accountancy Services Ltd
Balance Sheet
as at 5 April 2024
Notes
2024
£
2023
£
Fixed assets
Intangible assets 6,936 7,078
Tangible assets 20,031 20,032
26,967 27,110
Current assets
Debtors 0 4,200
Investments 16,024 0
Cash at bank and in hand 20,957 13,540
36,981 17,740
Creditors: amounts falling due within one year (18,957) (4,006)
Net current assets / (liabilities) 18,024 13,734
Total assets less current liabilities 44,991 40,844
Creditors: amounts falling due after more than one year (29,659) (36,881)
Provisions for liabilities (0) (0)
Total net assets (liabilities) 15,332 3,963
Capital and reserves
Called up share capital 5 5
Profit and loss account 15,327 3,958
Shareholders' funds 15,332 3,963

Grace Accountancy Services Ltd
Balance Sheet
as at 5 April 2024



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 5 April 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.

Signed on behalf of the board of directors

...............................

Mr T Ogbu

Director


Approved by the board on 5 January 2024

Company Number: 03749970 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Saran
Bryn Llwyd
Bangor
Gwynedd
LL57 4SW

Grace Accountancy Services Ltd
Notes to the Accounts
for the year ended 5 April 2024

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Fixtures, fittings, tools & equipment 25% Reducing Balance
2. Employees
2024 2023
Average number of employees during the period 2 2