Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01falseHolding company00truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12323710 2023-01-01 2023-12-31 12323710 2022-01-01 2022-12-31 12323710 2023-12-31 12323710 2022-12-31 12323710 c:Director1 2023-01-01 2023-12-31 12323710 d:CurrentFinancialInstruments 2023-12-31 12323710 d:CurrentFinancialInstruments 2022-12-31 12323710 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 12323710 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 12323710 d:ShareCapital 2023-12-31 12323710 d:ShareCapital 2022-12-31 12323710 d:RetainedEarningsAccumulatedLosses 2023-12-31 12323710 d:RetainedEarningsAccumulatedLosses 2022-12-31 12323710 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-12-31 12323710 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-12-31 12323710 c:OrdinaryShareClass1 2023-01-01 2023-12-31 12323710 c:OrdinaryShareClass1 2023-12-31 12323710 c:OrdinaryShareClass1 2022-12-31 12323710 c:FRS102 2023-01-01 2023-12-31 12323710 c:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 12323710 c:FullAccounts 2023-01-01 2023-12-31 12323710 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12323710 d:Subsidiary1 2023-01-01 2023-12-31 12323710 d:Subsidiary1 1 2023-01-01 2023-12-31 12323710 2 2023-01-01 2023-12-31 12323710 6 2023-01-01 2023-12-31 12323710 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12323710









ACE 3 HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2023

 
ACE 3 HOLDINGS LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ACE 3 HOLDINGS LIMITED
FOR THE PERIOD ENDED 31 DECEMBER 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of ACE 3 HOLDINGS LIMITED for the period ended 31 December 2023 which comprise  the Statement of Financial Position and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of ACE 3 HOLDINGS LIMITED in accordance with the terms of our engagement letter dated 2 January 2020Our work has been undertaken solely to prepare for your approval the financial statements of ACE 3 HOLDINGS LIMITED and state those matters that we have agreed to state to the director of ACE 3 HOLDINGS LIMITED in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ACE 3 HOLDINGS LIMITED and its director for our work or for this report. 

It is your duty to ensure that ACE 3 HOLDINGS LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of ACE 3 HOLDINGS LIMITED. You consider that ACE 3 HOLDINGS LIMITED is exempt from the statutory audit requirement for the period.

  



Ashon Limited
Chartered Accountants
125 Knoll Crescent
Northwood
Middlesex
HA6 1HX
25 June 2024
Page 1

 
ACE 3 HOLDINGS LIMITED
REGISTERED NUMBER: 12323710

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
8
8

  
8
8

Current assets
  

Cash at bank and in hand
 5 
2,937
87,698

  
2,937
87,698

Creditors: amounts falling due within one year
 6 
(345)
(85,106)

Net current assets
  
 
 
2,592
 
 
2,592

Total assets less current liabilities
  
2,600
2,600

  

Net assets
  
2,600
2,600


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
2,500
2,500

  
2,600
2,600


Page 2

 
ACE 3 HOLDINGS LIMITED
REGISTERED NUMBER: 12323710
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 25 June 2024.





................................................
Donovan Lawrence Howell
Director

The notes on pages 4 to 6 form part of these financial statements.

Page 3

 
ACE 3 HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

The company is a private company lmited by share capital, incorporated in England & Wales. The company number and registered office address are:
Company number:                 12323710                          
Registered office address:      Southgate
                                           Wiveton Road
                                           Blakeney
                                           Holt
                                           Norfolk
                                           England NR25 7NJ

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.6

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Page 4

 
ACE 3 HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees




The Company has no employees other than the directors, who did not receive any remuneration (2022 - £NIL).

The average monthly number of employees, including directors, during the period was 0 (2022 - 0).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2023
8



At 31 December 2023
8





Subsidiary undertaking


The following was a subsidiary undertaking of the Company:

Name

Class of shares

Holding

Ace 3 Properties Limited
Ordinary
100%

The aggregate of the share capital and reserves as at 31 December 2023 and the profit or loss for the period ended on that date for the subsidiary undertaking were as follows:

Name
Aggregate of share capital and reserves
Profit/(Loss)

Ace 3 Properties Limited
8,509,238
123,901

Page 5

 
ACE 3 HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
2,937
87,698

2,937
87,698



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
345
85,106

345
85,106



7.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
2,937
87,698




Financial assets are measured at fair value.


8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1 each
100
100


 
Page 6