REGISTERED NUMBER: 15092582 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

London Grace Commerce Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K S White

L Williams

REGISTERED OFFICE:

25 Lumley Road

Lumley Road

Cheam

Sutton

SM3 8NP

REGISTERED NUMBER:

15092582 (England and Wales)

ACCOUNTANTS:

Dragon Argent Limited

63 Bermondsey Street

London

SE1 3XF

CURRENT ASSETS

Stocks

86,520

146,069

Debtors

4

15,231

57,351

Cash at bank

1,196

7,942

102,947

211,362

CREDITORS

Amounts falling due within one year

5

52,556

35,463

NET CURRENT ASSETS

50,391

175,899

TOTAL ASSETS LESS CURRENT LIABILITIES

50,391

175,899

CREDITORS

Amounts falling due after more than one year

6

693,246

693,246

NET LIABILITIES

(642,855

)

(517,347

)

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

(642,865

)

(517,357

)

(642,855

)

(517,347

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 28 August 2026 and were signed on its behalf by:

K S White - Director

1.	STATUTORY INFORMATION

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - NIL ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

8,173

45,135

Other debtors

7,058

12,216

15,231

57,351

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade creditors

4,247

9,161

Taxation and social security

(10

)

-

Other creditors

48,319

26,302

52,556

35,463

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Other creditors

693,246

693,246

7.	RELATED PARTY DISCLOSURES

Included in other creditors due within one year is an amount of £45,41 (2024: £25,052) owed from the company to a director. The loan is interest free and repayable on demand.