AI Grace UK Holdco Limited Filleted Accounts Cover
AI Grace UK Holdco Limited
Company No. 15022424
Information for Filing with The Registrar
31 December 2024
AI Grace UK Holdco Limited Balance Sheet Registrar
at
31 December 2024
Company No.
15022424
Notes
2024
AUD
Current assets
Investments
4
1,287,045,032
Cash at bank and in hand
499,631
1,287,544,663
Creditors: Amount falling due within one year
5
(19)
Net current assets
1,287,544,644
Total assets less current liabilities
1,287,544,644
Net assets
1,287,544,644
Capital and reserves
Called up share capital
9,905,346
Share premium account
7
980,629,294
Profit and loss account
7
297,010,004
Total equity
1,287,544,644
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the period ended 31 December 2024 the company was entitled to exemption from audit 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 23 April 2025 and signed on its behalf by:
J.A. Nuccio
Director
23 April 2025
AI Grace UK Holdco Limited Notes to the Accounts Registrar
for the period ended 31 December 2024
1
General information
AI Grace UK Holdco Limited is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 15022424
Its registered office is:
C/O Trustmoore (UK) Ltd
Central House
20 Central Avenue
St Andrews Business Park
Norwich
NR7 0HR
The Company was incorporated on 24 July 2023 and the accounting period runs from incorporation to 31 December 2024.
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Investments
Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Foreign currencies
The functional and presentational currency of the company is US Dollar. The accounts are rounded to the nearest dollar.
Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.
3
Employees
2024
Number
The average monthly number of employees (including directors) during the period:
4
4
Current asset investments
2024
AUD
Unlisted investments
1,287,045,032
1,287,045,032
The investment above represents the indirect acquisition of Oceania (Topco) Pty Ltd as holding company for the Zimmerman group of companies, a group registered in Australia. It's held exclusively with a view to subsequently resell, as it is held as part of an investment portfolio. Therefore, not considered a subsidiary, but a current asset investment available for sale. Fair value gains are recognised in profit and loss.
5
Creditors:
amounts falling due within one year
2024
AUD
Other creditors
19
19
6
Share Capital
The company has 990,534,640 Ordinary AUD0.01 shares in issue, which were paid up at AUD1.00 per share.
7
Reserves
Share premium account - includes any premiums received on issue of share capital. Any transaction costs associated with the issuing of shares are deducted from share premium.
Profit and loss account - includes all current and prior period retained profits and losses.
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