Acorah Software Products - Accounts Production 16.5.460 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 09985022 Mr Oliver Le Grice Mrs Sera Le Grice iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09985022 2024-02-29 09985022 2025-02-28 09985022 2024-03-01 2025-02-28 09985022 frs-core:ComputerEquipment 2025-02-28 09985022 frs-core:ComputerEquipment 2024-03-01 2025-02-28 09985022 frs-core:ComputerEquipment 2024-02-29 09985022 frs-core:ShareCapital 2025-02-28 09985022 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 09985022 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 09985022 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 09985022 frs-bus:SmallEntities 2024-03-01 2025-02-28 09985022 frs-bus:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 09985022 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 09985022 frs-bus:Director1 2024-03-01 2025-02-28 09985022 frs-bus:Director2 2024-03-01 2025-02-28 09985022 frs-countries:EnglandWales 2024-03-01 2025-02-28 09985022 2023-02-28 09985022 2024-02-29 09985022 2023-03-01 2024-02-29 09985022 frs-core:ShareCapital 2024-02-29 09985022 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Le Grice Automotive Design Limited
Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Accountants' Report 1
Statement of Financial Position 2—3
Notes to the Financial Statements 4—5
Page 1
Accountants' Report
Chartered Accountants' report to the directors on the preparation of the unaudited statutory accounts of Le Grice Automotive Design Limited For The Year Ended 28 February 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Le Grice Automotive Design Limited For The Year Ended 28 February 2025 which comprise the Income Statement, the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of Le Grice Automotive Design Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Le Grice Automotive Design Limited and state those matters that we have agreed to state to the directors of Le Grice Automotive Design Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Le Grice Automotive Design Limited and its directors, as a body, for our work or for this report.
It is your duty to ensure that Le Grice Automotive Design Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Le Grice Automotive Design Limited . You consider that Le Grice Automotive Design Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Le Grice Automotive Design Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
29 August 2025
Cooper Adams Ltd
Chartered Accountants
12 Payton Street
Stratford upon Avon
Warwickshire
CV37 6UA
Page 1
Page 2
Statement of Financial Position
Registered number: 09985022
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 - 770
- 770
CURRENT ASSETS
Debtors 80 266
Cash at bank and in hand 1,951 2,334
2,031 2,600
Creditors: Amounts Falling Due Within One Year (40,304 ) (30,757 )
NET CURRENT ASSETS (LIABILITIES) (38,273 ) (28,157 )
TOTAL ASSETS LESS CURRENT LIABILITIES (38,273 ) (27,387 )
NET LIABILITIES (38,273 ) (27,387 )
CAPITAL AND RESERVES
Called up share capital 5 100 100
Income Statement (38,373 ) (27,487 )
SHAREHOLDERS' FUNDS (38,273) (27,387)
Page 2
Page 3
For the year ending 28 February 2025 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr Oliver Le Grice
Director
29 August 2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Le Grice Automotive Design Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09985022 . The registered office is 12 Payton Street, Stratford upon Avon, Warwickshire, CV37 6UA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
The company is showing net current liabilities and net liabilities at 28 February 2025. The directors have confirmed that they will continue to support the company financially, to allow it to continue its operations. On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales tax.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer equipment 33% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible assets
Computer equipment
£
Cost
As at 1 March 2024 3,685
Disposals (3,685 )
As at 28 February 2025 -
Depreciation
As at 1 March 2024 2,915
Disposals (2,915 )
As at 28 February 2025 -
Net Book Value
As at 28 February 2025 -
As at 1 March 2024 770
Page 4
Page 5
5. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5