1 January 2024 false Taxfiler 2024.6 09892495business:PrivateLimitedCompanyLtd2024-01-012024-12-31 098924952023-12-31 098924952024-01-012024-12-31 09892495business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 09892495business:FilletedAccounts2024-01-012024-12-31 098924952024-12-31 09892495business:Director12024-01-012024-12-31 09892495business:Director22024-01-012024-12-31 09892495business:Director32024-01-012024-12-31 09892495business:Director42024-01-012024-12-31 09892495business:Director52024-01-012024-12-31 09892495business:RegisteredOffice2024-01-012024-12-31 098924952023-12-31 09892495core:WithinOneYear2024-12-31 09892495core:WithinOneYear2023-12-31 09892495core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 09892495core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 09892495core:PreviouslyStatedAmount2024-12-31 09892495core:PreviouslyStatedAmount2023-12-31 09892495business:SmallEntities2024-01-012024-12-31 09892495countries:EnglandWales2024-01-012024-12-31 09892495core:MotorVehicles2024-01-012024-12-31 09892495core:FurnitureFittings2024-01-012024-12-31 09892495core:ComputerEquipment2024-01-012024-12-31 09892495core:MotorVehicles2023-12-31 09892495core:FurnitureFittings2023-12-31 09892495core:ComputerEquipment2023-12-31 09892495core:MotorVehicles2024-12-31 09892495core:FurnitureFittings2024-12-31 09892495core:ComputerEquipment2024-12-31 098924952023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 09892495 (England and Wales)
FIVE GRACE CHURCH Unaudited accounts for the year ended 31 December 2024
FIVE GRACE CHURCH Unaudited accounts Contents
Page
- 2 -
FIVE GRACE CHURCH Company Information for the year ended 31 December 2024
Directors
Kehinde Adebayo ONIYE Tanisha Tamara CESPEDES-GRANT Karl Harrington DENNIS Victoria Lahliwe KUNENE Akinyemi Olufunso OLUWOLE
Company Number
09892495 (England and Wales)
Registered Office
116 MAIDSTONE ROAD CHATHAM ME4 6DQ ENGLAND
Accountants
TAWANDA GROUP LTD INNOVATION CENTRE MEDWAY MAIDSTONE ROAD CHATHAM KENT ME5 9FD
- 3 -
FIVE GRACE CHURCH Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,265 
12,318 
Current assets
Cash at bank and in hand
71,155 
71,724 
Creditors: amounts falling due within one year
(2,137)
(2,137)
Net current assets
69,018 
69,587 
Net assets
79,283 
81,905 
Capital and reserves
Profit and loss account
79,283 
81,905 
Shareholders' funds
79,283 
81,905 
For the year ending 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 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 30 June 2025 and were signed on its behalf by
Kehinde Adebayo ONIYE Director Company Registration No. 09892495
- 4 -
FIVE GRACE CHURCH Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
FIVE GRACE CHURCH is a private company, limited by shares, registered in England and Wales, registration number 09892495. The registered office is 116 MAIDSTONE ROAD, CHATHAM, ME4 6DQ, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
6% reducing balance method
Fixtures & fittings
6% reducing balance method
Computer equipment
6% reducing balance method
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
11,730 
1,550 
2,152 
15,432 
At 31 December 2024
11,730 
1,550 
2,152 
15,432 
Depreciation
At 1 January 2024
2,346 
339 
429 
3,114 
Charge for the year
1,877 
73 
103 
2,053 
At 31 December 2024
4,223 
412 
532 
5,167 
Net book value
At 31 December 2024
7,507 
1,138 
1,620 
10,265 
At 31 December 2023
9,384 
1,211 
1,723 
12,318 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
2,137 
2,137 
- 5 -
FIVE GRACE CHURCH Notes to the Accounts for the year ended 31 December 2024
6
Average number of employees
During the year the average number of employees was 5 (2023: 5).
- 6 -