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Company Registration No. 12367037 (England and Wales)
ACEP LIMITED Unaudited accounts for the year ended 31 December 2022
ACEP LIMITED Unaudited accounts Contents
Page
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ACEP LIMITED Company Information for the year ended 31 December 2022
Director
Mr Alireza HOSSEINI
Company Number
12367037 (England and Wales)
Registered Office
3 Balfour Road Harrow Middlesex HA1 1RJ United Kingdom
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ACEP LIMITED Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
49,446 
54,782 
Current assets
Debtors
18,805 
29,648 
Cash at bank and in hand
18,108 
21,062 
36,913 
50,710 
Creditors: amounts falling due within one year
(29,011)
(35,384)
Net current assets
7,902 
15,326 
Total assets less current liabilities
57,348 
70,108 
Creditors: amounts falling due after more than one year
(43,634)
(64,661)
Net assets
13,714 
5,447 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
13,614 
5,347 
Shareholders' funds
13,714 
5,447 
For the year ending 31 December 2022 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 30 September 2023 and were signed on its behalf by
Mr Alireza HOSSEINI Director Company Registration No. 12367037
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ACEP LIMITED Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
ACEP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12367037. The registered office is 3 Balfour Road, Harrow, Middlesex, HA1 1RJ, United Kingdom.
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
Depreciation is charged at 20% on a straight line basis
Motor vehicles
Depreciation is charged at 20% on a straight line basis
Computer equipment
Depreciiation is charged at 20% on a straight line basis
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2022
2,300 
57,607 
850 
60,757 
Additions
8,519 
- 
- 
8,519 
At 31 December 2022
10,819 
57,607 
850 
69,276 
Depreciation
At 1 January 2022
43 
5,647 
285 
5,975 
Charge for the year
2,164 
11,521 
170 
13,855 
At 31 December 2022
2,207 
17,168 
455 
19,830 
Net book value
At 31 December 2022
8,612 
40,439 
395 
49,446 
At 31 December 2021
2,257 
51,960 
565 
54,782 
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ACEP LIMITED Notes to the Accounts for the year ended 31 December 2022
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
14,518 
26,648 
Other debtors
4,287 
3,000 
18,805 
29,648 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
10,800 
10,800 
Obligations under finance leases and hire purchase contracts
9,146 
9,146 
Trade creditors
7,115 
8,820 
Other creditors
- 
4,768 
Accruals
1,950 
1,850 
29,011 
35,384 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
17,403 
28,400 
Obligations under finance leases and hire purchase contracts
26,231 
36,261 
43,634 
64,661 
8
Average number of employees
During the year the average number of employees was 3 (2021: 3).
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