IRIS Accounts Production v24.2.0.383 08333593 Board of Directors 1.1.23 31.12.23 31.12.23 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh083335932022-12-31083335932023-12-31083335932023-01-012023-12-31083335932021-12-31083335932022-01-012022-12-31083335932022-12-3108333593ns15:EnglandWales2023-01-012023-12-3108333593ns14:PoundSterling2023-01-012023-12-3108333593ns10:Director12023-01-012023-12-3108333593ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3108333593ns10:SmallEntities2023-01-012023-12-3108333593ns10:AuditExemptWithAccountantsReport2023-01-012023-12-3108333593ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3108333593ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3108333593ns10:FullAccounts2023-01-012023-12-3108333593ns10:Director22023-01-012023-12-3108333593ns10:RegisteredOffice2023-01-012023-12-3108333593ns5:CurrentFinancialInstruments2023-12-3108333593ns5:CurrentFinancialInstruments2022-12-3108333593ns5:ShareCapital2023-12-3108333593ns5:ShareCapital2022-12-3108333593ns5:RetainedEarningsAccumulatedLosses2023-12-3108333593ns5:RetainedEarningsAccumulatedLosses2022-12-3108333593ns5:PlantMachinery2023-01-012023-12-3108333593ns5:PlantMachinery2022-12-3108333593ns5:PlantMachinery2023-12-3108333593ns5:PlantMachinery2022-12-3108333593ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3108333593ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31
REGISTERED NUMBER: 08333593 (England and Wales)












Ace Interior Solutions Ltd

Unaudited Financial Statements for the Year Ended 31 December 2023






Ace Interior Solutions Ltd (Registered number: 08333593)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

Ace Interior Solutions Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: S Miller
Mrs S Miller





REGISTERED OFFICE: 13 Vansittart Estate
Windsor
Berkshire
SL4 1SE





REGISTERED NUMBER: 08333593 (England and Wales)





ACCOUNTANTS: Cottrill Mason Ltd
13 Vansittart Estate
Windsor
Berkshire
SL4 1SE

Ace Interior Solutions Ltd (Registered number: 08333593)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 19,980 26,640

CURRENT ASSETS
Debtors 5 322,879 319,051
Cash at bank and in hand 53,471 146,036
376,350 465,087
CREDITORS
Amounts falling due within one year 6 (116,857 ) (142,952 )
NET CURRENT ASSETS 259,493 322,135
TOTAL ASSETS LESS CURRENT
LIABILITIES

279,473

348,775

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 279,373 348,675
SHAREHOLDERS' FUNDS 279,473 348,775

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2024 and were signed on its behalf by:





S Miller - Director


Ace Interior Solutions Ltd (Registered number: 08333593)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Ace Interior Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 106,910
DEPRECIATION
At 1 January 2023 80,270
Charge for year 6,660
At 31 December 2023 86,930
NET BOOK VALUE
At 31 December 2023 19,980
At 31 December 2022 26,640

Ace Interior Solutions Ltd (Registered number: 08333593)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 168,052 155,557
Amounts owed by group undertakings 127,000 127,000
Other debtors 27,827 36,494
322,879 319,051

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 25,832 35,833
Trade creditors 20,392 35,891
Taxation and social security 69,511 55,477
Other creditors 1,122 15,751
116,857 142,952

7. RELATED PARTY DISCLOSURES

The company was under the control of Millace Holdings Limited [10788091] by virtue of holding the entire share capital.

Ace Interior Solutions Ltd

Report of the Accountants to the Directors of
Ace Interior Solutions Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Cottrill Mason Ltd
13 Vansittart Estate
Windsor
Berkshire
SL4 1SE


25 September 2024