REGISTERED NUMBER: 11847881 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

GRACE & CABLE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T C Harrison

Mrs J Harrison

REGISTERED OFFICE:

Clarence Street Chambers

32 Clarence Street

Southend-on-Sea

Essex

SS1 1BD

BUSINESS ADDRESS:

26 Downs Way

Tadworth

Surrey

KT20 5DZ

REGISTERED NUMBER:

11847881 (England and Wales)

ACCOUNTANTS:

A.R. Lee & Co.

Chartered Accountants

Clarence Street Chambers

32 Clarence Street

Southend-on-Sea

Essex

SS1 1BD

FIXED ASSETS

Tangible assets

4

460

1,023

Investments

5

70

220

530

1,243

CURRENT ASSETS

Debtors

6

29,816

20,366

Cash at bank

8,668

30,308

38,484

50,674

CREDITORS

Amounts falling due within one year

7

2,861

4,750

NET CURRENT ASSETS

35,623

45,924

TOTAL ASSETS LESS CURRENT LIABILITIES

36,153

47,167

PROVISIONS FOR LIABILITIES

87

194

NET ASSETS

36,066

46,973

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

35,966

46,873

SHAREHOLDERS' FUNDS

36,066

46,973

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 11 December 2025 and were signed on its behalf by:

T C Harrison - Director

1.	STATUTORY INFORMATION

Grace & Cable 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.

Preparation of consolidated financial statements

The financial statements contain information about Grace & Cable Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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.

Consolidated accounts

Exemption has been claimed from preparing group accounts on the basis that the parent and subsidiary qualify as a small group.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

and 31 March 2025

3,738

DEPRECIATION

At 1 April 2024

2,715

Charge for year

563

At 31 March 2025

3,278

NET BOOK VALUE

At 31 March 2025

460

At 31 March 2024

1,023

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

220

Disposals

(150

)

At 31 March 2025

70

NET BOOK VALUE

At 31 March 2025

70

At 31 March 2024

220

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

-

400

Amounts owed by group undertakings

29,654

19,766

Other debtors

162

200

29,816

20,366

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Amounts owed to group undertakings

1,590

100

Taxation and social security

-

2,845

Other creditors

1,271

1,805

2,861

4,750

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

38

A Ordinary

£1

38

38

38

B Ordinary

£1

38

38

8

C Ordinary

£1

8

8

8

D Ordinary

£1

8

8

8

E Ordinary

£1

8

8

100

100