1 August 2024 v2026.18.1 limited_company_frs_102_section_1a_v1_1_3 companies_houseSoftwarefalsetruetruetrueNo description of principal activity00falsetruexbrli:purexbrli:sharesiso4217:GBP108525662024-08-012025-07-31108525662025-07-31108525662024-07-3110852566core:WithinOneYear2025-07-3110852566core:WithinOneYear2024-07-3110852566core:AfterOneYear2025-07-3110852566core:AfterOneYear2024-07-3110852566core:ShareCapital2025-07-3110852566core:ShareCapital2024-07-3110852566core:RevaluationReserve2025-07-3110852566core:RevaluationReserve2024-07-3110852566core:RetainedEarningsAccumulatedLosses2025-07-3110852566core:RetainedEarningsAccumulatedLosses2024-07-3110852566bus:Director12024-08-012025-07-3110852566bus:RegisteredOffice2024-08-012025-07-3110852566core:LandBuildings2024-08-0110852566core:PlantMachinery2024-08-01108525662024-08-0110852566core:LandBuildings2024-08-012025-07-3110852566core:LandBuildings2025-07-3110852566core:PlantMachinery2025-07-3110852566core:LandBuildings2024-07-311085256612024-08-012025-07-31108525662023-08-012024-07-3110852566countries:EnglandWales2024-08-012025-07-3110852566bus:AuditExemptWithAccountantsReport2024-08-012025-07-3110852566bus:PrivateLimitedCompanyLtd2024-08-012025-07-3110852566bus:SmallEntities2024-08-012025-07-3110852566bus:FullAccounts2024-08-012025-07-3110852566bus:CompanySecretary12024-08-012025-07-31
Company registration number:
10852566
Gracias Global Ltd
Unaudited Filleted Financial Statements for the year ended
31 July 2025
WD Associates
Cardinal Point, Park Road, RICKMANSWORTH, WD3 1RE, United Kingdom
Gracias Global Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of Gracias Global Ltd
Year ended
31 July 2025
As described on the statement of financial position, the Board of Directors of
Gracias Global Ltd
are responsible for the preparation of the
financial statements
for the year ended
31 July 2025
, which comprise the income statement, statement of total comprehensive income, statement of financial position, statement of changes in equity and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
WD Associates
Cardinal Point
Park Road
RICKMANSWORTH
WD3 1RE
United Kingdom
Date:
24 April 2026
Gracias Global Ltd
Statement of Financial Position
31 July 2025
20252024
Note££
Fixed assets    
Tangible assets 5
43,094
 
37,473
 
Current assets    
Debtors 6
2,834
 
2,834
 
Investments 7
48,750
 
52,650
 
Cash at bank and in hand
32,017
 
22,191
 
83,601
 
77,675
 
Creditors: amounts falling due within one year 8
(19,098
 )
(19,177
 )
Net current assets
64,503
 
58,498
 
Total assets less current liabilities 107,597   95,971  
Creditors: amounts falling due after more than one year 9
(41,954
 )
(41,954
 )
Net assets
65,643
 
54,017
 
Capital and reserves    
Called up share capital
1
 
1
 
Revaluation reserve
41,006
 
41,006
 
Profit and loss account
24,636
 
13,010
 
Shareholders funds
65,643
 
54,017
 
For the year ending
31 July 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
5 March 2026
, and are signed on behalf of the board by:
O Lopez
Director
Company registration number:
10852566
Gracias Global Ltd
Notes to the Financial Statements
Year ended
31 July 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
268 Pettits Lane North
,
Romford
,
RM1 4PJ
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for services provided, net of discounts and Value Added Tax. Turnover consists of:
1. Sales - The amount received from hairdressing services provided to clients on each individual basis;
2. Commission on Sales (Property Agent) - The amount received as commission or finder's fee on property purchases made by clients.
The total of the above is represented as the Turnover (Sales) net value added tax for the Accounting Period.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

4 Average number of employees

The average number of persons employed by the company during the year was nil (2024: nil).

5 Tangible assets

Land and buildingsPlant and machinery etc.Total
£££
Cost or valuation      
At
1 August 2024
37,473
 
12,979
 
50,452
 
Revaluations
5,621
  -  
5,621
 
At
31 July 2025
43,094
 
12,979
 
56,073
 
Depreciation      
At
1 August 2024
and
31 July 2025
 -  
12,979
 
12,979
 
Carrying amount      
At
31 July 2025
43,094
  -  
43,094
 
At 31 July 2024
37,473
  -  
37,473
 

6 Debtors

20252024
££
Trade debtors
2,834
 
2,834
 

7 Investments

20252024
££
Other current asset investments
48,750
 
52,650
 

8 Creditors: amounts falling due within one year

20252024
££
Taxation and social security
1,656
 
1,735
 
Other creditors
17,442
 
17,442
 
19,098
 
19,177
 

9 Creditors: amounts falling due after more than one year

20252024
££
Other creditors
41,954
 
41,954