BrightAccountsProduction v1.0.0 v1.0.0 2024-02-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts Unlicensed restaurants and cafes 1 September 2025 11 NI708877 2025-01-31 NI708877 2024-01-31 NI708877 2024-02-01 2025-01-31 NI708877 uk-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 NI708877 uk-curr:PoundSterling 2024-02-01 2025-01-31 NI708877 uk-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 NI708877 uk-bus:AbridgedAccounts 2024-02-01 2025-01-31 NI708877 uk-core:ShareCapital 2025-01-31 NI708877 uk-core:RetainedEarningsAccumulatedLosses 2025-01-31 NI708877 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-01-31 NI708877 uk-bus:FRS102 2024-02-01 2025-01-31 NI708877 uk-core:FurnitureFittingsToolsEquipment 2024-02-01 2025-01-31 NI708877 2024-02-01 2025-01-31 NI708877 uk-bus:Director1 2024-02-01 2025-01-31 NI708877 uk-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI708877
 
 
Gracie Catering Limited
 
ABRIDGED UNAUDITED FINANCIAL STATEMENTS
 
for the financial year ended 31 January 2025
GRACIE CATERING LIMITED
Company Registration Number: NI708877
ABRIDGED STATEMENT OF FINANCIAL POSITION
as at 31 January 2025

2025
Notes £
 
Non-Current Assets
Property, plant and equipment 5 14,000
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Current Assets
Stocks 4,200
Cash and cash equivalents 2,293
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6,493
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Creditors: amounts falling due within one year (19,741)
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Net Current Liabilities (13,248)
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Total Assets less Current Liabilities 752
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Capital and Reserves
Called up share capital 100
Retained earnings 652
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Shareholders' Funds 752
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The financial statements have been prepared 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).
       
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
       
The company has taken advantage of the exemption under section 444 not to file the Abridged Income Statement and Director's Report.
For the financial year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
       
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
       
The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
       
Approved by the Director and authorised for issue on 1 September 2025
       
       
Karen Cassidy      
Director      
       



GRACIE CATERING LIMITED
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2025

   
1. General Information
 
Gracie Catering Limited is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI708877. The registered office of the company is Gwyn's Cafe Brooke Park, Rosemount Avenue, Derry / Londonderry, BT48 0HH, United Kingdom which is also the principal place of business of the company. Unlicensed restaurants and cafes The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 January 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Property, plant and equipment and depreciation
Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:
 
  Fixtures, fittings and equipment - 15% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Stocks
Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition.  Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
   
3. Statement on previous periods
 
The company did not present financial statements for previous periods.
     
4. Employees
 
The average monthly number of employees, including director, during the financial year was 11.
 
  2025
  Number
 
Operating Staff 11
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5. Property, plant and equipment
  Fixtures, Total
  fittings and  
  equipment  
  £ £
Cost
At 1 February 2024 - -
Additions 14,000 14,000
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At 31 January 2025 14,000 14,000
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Depreciation
At 1 February 2024 - -
  ───────── ─────────
At 31 January 2025 - -
  ───────── ─────────
Net book value
At 31 January 2025 14,000 14,000
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