REGISTERED NUMBER: 12372752 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ARTHUR GRACE RESIDENTIAL LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S J Toms

Mr R S Toms

REGISTERED OFFICE:

16 Packhorse Road

Gerrards Cross

Slough

Buckinghamshire

SL9 7DA

REGISTERED NUMBER:

12372752 (England and Wales)

ACCOUNTANTS:

Raffingers Holdings Limited

Chartered Accountants

19-20 Bourne Court

Southend Road

Woodford Green

Essex

IG8 8HD

FIXED ASSETS

Tangible assets

4

31,553

1,042

CURRENT ASSETS

Debtors

48,204

809

Cash at bank

23,044

14,295

71,248

15,104

CREDITORS

Amounts falling due within one year

70,371

34,543

NET CURRENT ASSETS/(LIABILITIES)

877

(19,439

)

TOTAL ASSETS LESS CURRENT LIABILITIES

32,430

(18,397

)

CREDITORS

Amounts falling due after more than one year

32,856

7,567

NET LIABILITIES

(426

)

(25,964

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(428

)

(25,966

)

SHAREHOLDERS' FUNDS

(426

)

(25,964

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 October 2025 and were signed on its behalf by:

Mr R S Toms - Director

Mrs S J Toms - Director

1.	STATUTORY INFORMATION

Arthur Grace Residential Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover comprises rental and service charge income, excluding Value Added Tax, which is recognised in the period which it is earned. Amounts invoiced in excess of the amount earned during the period are recognised as deferred income in creditors.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Short term debtors and creditors

Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Loans and borrowings

Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

3,931

Additions

38,980

At 31 December 2024

42,911

DEPRECIATION

At 1 January 2024

2,889

Charge for year

8,469

At 31 December 2024

11,358

NET BOOK VALUE

At 31 December 2024

31,553

At 31 December 2023

1,042

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

Additions

38,980

At 31 December 2024

38,980

DEPRECIATION

Charge for year

7,796

At 31 December 2024

7,796

NET BOOK VALUE

At 31 December 2024

31,184

5.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Hire purchase contracts

33,535

-

Hire purchase contracts are secured over the assets to which they relate.

6.	RELATED PARTY DISCLOSURES

At the previous balance sheet date, the company owed £23,877 to the directors.

At the balance sheet date, the company owed £55,543 (2023: £nil) to Developments By 6 Limited, a company connected by virtual of common control.