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Company Registration No. 12636673 (England and Wales)
LIFEGRACE BOOKSHOP & GROCERIES LIMITED Unaudited accounts for the year ended 30 June 2025
LIFEGRACE BOOKSHOP & GROCERIES LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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LIFEGRACE BOOKSHOP & GROCERIES LIMITED Company Information for the year ended 30 June 2025
Director
VITALIS ODUMMA
Company Number
12636673 (England and Wales)
Registered Office
80 PARCHMORE ROAD THORNTON HEATH CR7 8LW ENGLAND
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LIFEGRACE BOOKSHOP & GROCERIES LIMITED Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
2,804
3,505
Current assets
Cash at bank and in hand
459
2,630
Creditors: amounts falling due within one year
5
(500)
(179)
Net current (liabilities)/assets
(41)
2,451
Total assets less current liabilities
2,763
5,956
Creditors: amounts falling due after more than one year
6
(1,885)
(4,337)
Net assets
878
1,619
Reserves
7
Profit and loss account
878
1,619
Members' funds
878
1,619
For the year ending 30 June 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 director acknowledges his 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 and authorised for issue on 3 April 2026 and were signed on its behalf by
VITALIS ODUMMA Director Company Registration No. 12636673
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LIFEGRACE BOOKSHOP & GROCERIES LIMITED Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
LIFEGRACE BOOKSHOP & GROCERIES LIMITED is a private company, limited by guarantee, registered in England and Wales, registration number 12636673. The registered office is 80 PARCHMORE ROAD, THORNTON HEATH, CR7 8LW, 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:
Plant & machinery
10% reducing balance method
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 July 2024
4,575
At 30 June 2025
4,575
Depreciation
At 1 July 2024
1,070
Charge for the year
701
At 30 June 2025
1,771
Net book value
At 30 June 2025
2,804
At 30 June 2024
3,505
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
-
179
Accruals
500
-
500
179
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LIFEGRACE BOOKSHOP & GROCERIES LIMITED Notes to the Accounts for the year ended 30 June 2025
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Trade creditors
1,885
4,337
7
Company limited by guarantee
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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