REGISTERED NUMBER: 05138437 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2024 TO 30 JUNE 2025

FOR

STEVE BRACE CONSULTANTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr. S J Brace

Ms. L A Blackburne

SECRETARY:

Ms. L A Blackburne

REGISTERED OFFICE:

Ground Floor Marlborough House

298 Regents Park Road

London

N3 2SZ

REGISTERED NUMBER:

05138437 (England and Wales)

ACCOUNTANTS:

Fusion Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

FIXED ASSETS

Tangible assets

4

-

12,398

CURRENT ASSETS

Debtors

5

165

7,622

Cash at bank and in hand

20,382

47,715

20,547

55,337

CREDITORS

Amounts falling due within one year

6

14,087

37,687

NET CURRENT ASSETS

6,460

17,650

TOTAL ASSETS LESS CURRENT LIABILITIES

6,460

30,048

CAPITAL AND RESERVES

Called up share capital

7

102

102

Retained earnings

8

6,358

29,946

SHAREHOLDERS' FUNDS

6,460

30,048

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2025 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.

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 3 November 2025 and were signed on its behalf by:

Mr. S J Brace - Director

1.	STATUTORY INFORMATION

Steve Brace Consultants 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & Machinery - 33% on cost

Motor Vehicles - 25% on cost

Fixtures & Fittings - 25% on cost

Computer Equipment - 33% on cost

Taxation

Taxation for the period 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Office

and

Motor

Computer

Equipment

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

2,400

42,330

29,761

4,816

79,307

Disposals

(2,400

)

(42,330

)

(29,761

)

(4,816

)

(79,307

)

At 30 June 2025

-

-

-

-

-

DEPRECIATION

At 1 January 2024

2,400

39,007

21,028

4,474

66,909

Eliminated on disposal

(2,400

)

(39,007

)

(21,028

)

(4,474

)

(66,909

)

At 30 June 2025

-

-

-

-

-

NET BOOK VALUE

At 30 June 2025

-

-

-

-

-

At 31 December 2023

-

3,323

8,733

342

12,398

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

31.12.23

£

£

Trade debtors

-

7,622

Tax

165

-

165

7,622

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

31.12.23

£

£

Social security and other taxes

(1,062

)

(550

)

VAT

3,505

1,347

Director's current account

9,334

29,495

Accruals and deferred income

2,310

7,395

14,087

37,687

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

31.12.23

value:

£

£

100

Ordinary shares

£1

100

100

1

Ordinary A shares

£1

1

1

1

Ordinary B shares

£1

1

1

102

102

8.

RESERVES

Retained

earnings

£

At 1 January 2024

29,946

Deficit for the period

(13,588

)

Dividends

(10,000

)

At 30 June 2025

6,358

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 June 2025 and the year ended 31 December 2023:

30.6.25

31.12.23

£

£

Mr. S J Brace

Balance outstanding at start of period

29,495

58,032

Amounts advanced

85,227

47,133

Amounts repaid

(105,388

)

(75,670

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

9,334

29,495

10.	ULTIMATE CONTROLLING PARTY

The controlling party are the company directors by virtue of their shareholdings.