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Company Registration No. 12879224 (England and Wales)
ACEMARKET 07 LTD Unaudited accounts for the year ended 30 September 2023
ACEMARKET 07 LTD Unaudited accounts Contents
Page
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ACEMARKET 07 LTD Company Information for the year ended 30 September 2023
Director
Nabeel Tariq Choudhry Kousar
Company Number
12879224 (England and Wales)
Registered Office
207 OAKDALE ROAD CARLTON NOTTINGHAM NG4 1AA ENGLAND
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ACEMARKET 07 LTD Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
343 
418 
Current assets
Inventories
28,000 
1,250 
Cash at bank and in hand
550 
2,113 
28,550 
3,363 
Creditors: amounts falling due within one year
(71,466)
(10,963)
Net current liabilities
(42,916)
(7,600)
Total assets less current liabilities
(42,573)
(7,182)
Creditors: amounts falling due after more than one year
- 
1 
Net liabilities
(42,573)
(7,181)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(42,574)
(7,182)
Shareholders' funds
(42,573)
(7,181)
For the year ending 30 September 2023 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 1 March 2024 and were signed on its behalf by
Nabeel Tariq Choudhry Kousar Director Company Registration No. 12879224
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ACEMARKET 07 LTD Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
ACEMARKET 07 LTD is a private company, limited by shares, registered in England and Wales, registration number 12879224. The registered office is 207 OAKDALE ROAD, CARLTON, NOTTINGHAM, NG4 1AA, 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:
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 October 2022
600 
At 30 September 2023
600 
Depreciation
At 1 October 2022
182 
Charge for the year
75 
At 30 September 2023
257 
Net book value
At 30 September 2023
343 
At 30 September 2022
418 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
6,524 
Other creditors
71,466 
4,439 
71,466 
10,963 
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ACEMARKET 07 LTD Notes to the Accounts for the year ended 30 September 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Accruals
- 
(1)
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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