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Company Registration No. 09775108 (England and Wales)
Grace Redemption Ministry Unaudited accounts for the year ended 30 September 2024
Grace Redemption Ministry Unaudited accounts Contents
Page
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Grace Redemption Ministry Company Information for the year ended 30 September 2024
Directors
Isaac Antwi-Boasiako Verney Franklin
Company Number
09775108 (England and Wales)
Registered Office
ST MILDRED CENTRE 30 BINGHAM ROAD CROYDON CR0 7EB ENGLAND
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Grace Redemption Ministry Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
6,791 
10,125 
Creditors: amounts falling due within one year
(8,057)
(8,642)
Net current (liabilities)/assets
(1,266)
1,483 
Net (liabilities)/assets
(1,266)
1,483 
Reserves
Profit and loss account
(1,266)
1,483 
Members' funds
(1,266)
1,483 
For the year ending 30 September 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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 June 2025 and were signed on its behalf by
Isaac Antwi-Boasiako Director Company Registration No. 09775108
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Grace Redemption Ministry Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Grace Redemption Ministry is a private company, limited by guarantee, registered in England and Wales, registration number 09775108. The registered office is ST MILDRED CENTRE, 30 BINGHAM ROAD, CROYDON, CR0 7EB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
8,057 
8,642 
5
Company limited by guarantee
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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