3194514falsechemical and disposable wholesaler and distributors2022-07-012023-06-30http://www.companieshouse.gov.uk/2022-06-30http://www.companieshouse.gov.uk/cd:CompanySecretary12022-07-012023-06-30http://www.companieshouse.gov.uk/pt:PlantMachinery2022-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2022-06-30http://www.companieshouse.gov.uk/cd:Director12022-07-012023-06-30http://www.companieshouse.gov.uk/pt:PlantMachinery2023-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-06-30http://www.companieshouse.gov.uk/cd:Director22022-07-012023-06-30http://www.companieshouse.gov.uk/pt:MotorCars2022-06-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-07-012023-06-30http://www.companieshouse.gov.uk/pt:MotorCars2023-06-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-07-012023-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-06-30http://www.companieshouse.gov.uk/2022-07-012023-06-30http://www.companieshouse.gov.uk/2022-06-30http://www.companieshouse.gov.uk/cd:FRS1022022-07-012023-06-30http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/cd:FullAccounts2022-07-012023-06-30http://www.companieshouse.gov.uk/pt:LandBuildings2022-06-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-07-012023-06-30http://www.companieshouse.gov.uk/pt:LandBuildings2023-06-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 3194514

Ace Hygiene Supplies Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/06/2023

Prepared By:
SSA Accountants Limited
Chartered Certified Accountants
44 Furzedown Road
Sutton
Surrey
SM2 5QF

Ace Hygiene Supplies Ltd

Registered number: 3194514
Ace Hygiene Supplies Ltd
ACCOUNTS
FOR THE YEAR ENDED 30/06/2023

Ace Hygiene Supplies Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/06/2023
DIRECTORS
Carmine Savastano
Edward Savastano
SECRETARY
L. Savastano
REGISTERED OFFICE
Ace House
Diplocks Way
Hailsham
East Sussex
BN27 3JF
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 3194514
ACCOUNTANTS
SSA Accountants Limited
Chartered Certified Accountants
44 Furzedown Road
Sutton
Surrey
SM2 5QF

Ace Hygiene Supplies Ltd

ACCOUNTS
FOR THEYEARENDED30/06/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet4
Notes To The Accounts5
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Ace Hygiene Supplies Ltd

BALANCE SHEET AT 30/06/2023
20232022
Notes££
FIXED ASSETS
Tangible assets21,604,4961,573,367
Investment Assets3896,816896,816
2,501,3122,470,183
CURRENT ASSETS
Stock106,347185,500
Debtors3,658,1821,097,539
Cash at bank and in hand31,8901,728,374
3,796,4193,011,413
CREDITORS: Amounts falling due within one year2,571,9391,940,237
NET CURRENT ASSETS1,224,4801,071,176
TOTAL ASSETS LESS CURRENT LIABILITIES3,725,7923,541,359
CREDITORS: Amounts falling due after more than one year1,198,642953,786
PROVISIONS FOR LIABILITIES AND CHARGES181,250168,750
NET ASSETS2,345,9002,418,823
CAPITAL AND RESERVES
Called up share capital100100
Revaluation reserve,258,750256,875
Profit and loss account2,087,0502,161,848
SHAREHOLDERS' FUNDS2,345,9002,418,823
For the year ending 30/06/2023 the company was entitled to exemption 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. All the members have consented to the preparation of the abridged statement of comprehensive income and abridged statement of financial position for the current year ended 30th June 2023 in accordance with Section 444(2A) of the Companies Act 2006.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 24/09/2024 and signed on their behalf by
.............................
Carmine Savastano
Director

Ace Hygiene Supplies Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Motor Carsreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Investments
Fixed asset investments are shown at cost less amounts written off. This includes investment in group undertaking. Dividend income from the group undertaking is shown in the profit and loss account.
Provisions are made for temporary fluctuations in value.

Ace Hygiene Supplies Ltd

2. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachineryMotor CarsTotal
££££
Cost
At 01/07/20221,500,000265,45975,9701,841,429
Revaluation50,000--50,000
At 30/06/20231,550,000265,45975,9701,891,429
Depreciation
At 01/07/2022-201,06366,999268,062
For the year-16,0992,77218,871
At 30/06/2023-217,16269,771286,933
Net Book Amounts
At 30/06/20231,550,00048,2976,1991,604,496
At 30/06/20221,500,00064,3968,9711,573,367
The freehold property is at the valuation which was carried out by the directors on 30th June 2023. Land and buildings are not depreciated.
3. FINANCIAL ASSETS
Shares in group companies Other
and participating interestsInvestmentsTotal
£££
Cost
At 01/07/2022874,49622,320896,816
At 30/06/2023874,49622,320896,816
Amortisation
Net Book Amounts
At 30/06/2023874,49622,320896,816
At 30/06/2022874,49622,320896,816
4. EMPLOYEES
20232022
No.No.
Average number of employees1418
5. CONTROLLING PARTY
The directors control the company by virtue of their shareholdings in the company.

Ace Hygiene Supplies Ltd

6. EVENTS AFTER THE END OF THE REPORTING PERIOD
We confirm that no other event has occurred between the Balance sheet date and the date of approval of these accounts, which will
materially affect the amounts or manner in which significant items are reflected in the accounts.
7. COMMITMENTS
At 30 June 2023 the company's total commitment was £Nil (2022: £Nil).
8. DIRECTORS ADVANCES, CREDITS AND GUARANTEES
The directors' loan balance brought forward on 1 July 2022 was £3,275 debit and net credits to the directors was £293,888. The balance carried forward at the year end was £290,613 credit.
9. BORROWINGS
The aggregate of bank loans instalments which fall due for payment after five years at the year end was £514,293
(2022: £608,587).