GRACE LEISURE LIMITED

Company Registration Number:
10954112 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

GRACE LEISURE LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

GRACE LEISURE LIMITED

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 230,763 204,756
Total fixed assets: 230,763 204,756
Current assets
Stocks: 34,600 33,000
Debtors:   328,672 405,016
Cash at bank and in hand: 58,423 108,025
Total current assets: 421,695 546,041
Creditors: amounts falling due within one year:   (174,934) (262,287)
Net current assets (liabilities): 246,761 283,754
Total assets less current liabilities: 477,524 488,510
Total net assets (liabilities): 477,524 488,510
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 477,424 488,410
Shareholders funds: 477,524 488,510

The notes form part of these financial statements

GRACE LEISURE LIMITED

Balance sheet statements

For the year ending 31 May 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 06 February 2025
and signed on behalf of the board by:

Name: AUSTIN WHELAN
Status: Director

The notes form part of these financial statements

GRACE LEISURE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

1. Accounting policies

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

GRACE LEISURE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 4 6

GRACE LEISURE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible Assets

Total
Cost £
At 01 June 2023 640,712
Additions 46,119
At 31 May 2024 686,831
Depreciation
At 01 June 2023 435,956
Charge for year 20,112
At 31 May 2024 456,068
Net book value
At 31 May 2024 230,763
At 31 May 2023 204,756