Acorah Software Products - Accounts Production 15.0.600 false true false 1 August 2023 31 July 2024 31 July 2024 10873993 Mr Luke Ellis Mrs Sophie Ellis Mr Mark Ellis Mrs Sharon Ellis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10873993 2023-07-31 10873993 2024-07-31 10873993 2023-08-01 2024-07-31 10873993 frs-core:CurrentFinancialInstruments 2024-07-31 10873993 frs-core:Non-currentFinancialInstruments 2024-07-31 10873993 frs-core:FurnitureFittings 2024-07-31 10873993 frs-core:FurnitureFittings 2023-08-01 2024-07-31 10873993 frs-core:FurnitureFittings 2023-07-31 10873993 frs-core:MotorVehicles 2024-07-31 10873993 frs-core:MotorVehicles 2023-08-01 2024-07-31 10873993 frs-core:MotorVehicles 2023-07-31 10873993 frs-core:PlantMachinery 2024-07-31 10873993 frs-core:PlantMachinery 2023-08-01 2024-07-31 10873993 frs-core:PlantMachinery 2023-07-31 10873993 frs-core:ShareCapital 2024-07-31 10873993 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 10873993 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 10873993 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 10873993 frs-bus:SmallEntities 2023-08-01 2024-07-31 10873993 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 10873993 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 10873993 frs-bus:Director1 2023-08-01 2024-07-31 10873993 frs-bus:Director2 2023-08-01 2024-07-31 10873993 frs-bus:Director3 2023-08-01 2024-07-31 10873993 frs-bus:Director4 2023-08-01 2024-07-31 10873993 frs-countries:EnglandWales 2023-08-01 2024-07-31
Registered number: 10873993
Ace Property Maintenance Services Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Accountancy Gems Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10873993
2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 9,335
9,335
CURRENT ASSETS
Stocks 5 12,000
Debtors 6 9,480
Cash at bank and in hand 1,718
23,198
Creditors: Amounts Falling Due Within One Year 7 (95,565 )
NET CURRENT ASSETS (LIABILITIES) (72,367 )
TOTAL ASSETS LESS CURRENT LIABILITIES (63,032 )
Creditors: Amounts Falling Due After More Than One Year 8 (37,035 )
NET LIABILITIES (100,067 )
CAPITAL AND RESERVES
Called up share capital 9 100
Profit and Loss Account (100,167 )
SHAREHOLDERS' FUNDS (100,067)
Page 1
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For the year ending 31 July 2024 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Luke Ellis
Director
17th September 2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Ace Property Maintenance Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10873993 . The registered office is 29 Andrew Road, St Neots, Cambs, PE19 2QE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4
4
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 August 2023 2,829 83,462 1,973 88,264
Additions - 1,667 - 1,667
Disposals - (39,898 ) - (39,898 )
As at 31 July 2024 2,829 45,231 1,973 50,033
Depreciation
As at 1 August 2023 1,291 61,019 1,142 63,452
Provided during the period 385 2,521 208 3,114
Disposals - (25,868 ) - (25,868 )
As at 31 July 2024 1,676 37,672 1,350 40,698
Net Book Value
As at 31 July 2024 1,153 7,559 623 9,335
As at 1 August 2023 1,538 22,443 831 24,812
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5. Stocks
2024
£
Work in progress 12,000
6. Debtors
2024
£
Due within one year
Trade debtors 3,480
Other debtors 6,000
9,480
7. Creditors: Amounts Falling Due Within One Year
2024
£
Trade creditors 23,811
Other creditors 67,928
Taxation and social security 3,826
95,565
8. Creditors: Amounts Falling Due After More Than One Year
2024
£
Other loans 37,035
9. Share Capital
2024
£
Allotted, Called up and fully paid 100
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