Company Registration No. 08716841 (England and Wales)
ACE BARBERS LIMITED
Unaudited accounts
for the year ended 31 October 2023
ACE BARBERS LIMITED
Unaudited accounts
Contents
ACE BARBERS LIMITED
Company Information
for the year ended 31 October 2023
Company Number
08716841 (England and Wales)
Registered Office
325 ASTON LANE
ASTON
BIRMINGHAM
B6 6QR
ENGLAND
ACE BARBERS LIMITED
Statement of financial position
as at 31 October 2023
Tangible assets
20,133
20,133
Cash at bank and in hand
1,861
(1,860)
Creditors: amounts falling due within one year
(2,842)
(2,842)
Net current assets/(liabilities)
1,383
(2,338)
Total assets less current liabilities
21,516
17,795
Creditors: amounts falling due after more than one year
(16,208)
(11,786)
Called up share capital
1,000
1,000
Profit and loss account
4,308
5,009
Shareholders' funds
5,308
6,009
For the year ending 31 October 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 16 October 2024 and were signed on its behalf by
JOSIAH N DAWKINS
Director
Company Registration No. 08716841
ACE BARBERS LIMITED
Notes to the Accounts
for the year ended 31 October 2023
ACE BARBERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08716841. The registered office is 325 ASTON LANE, ASTON, BIRMINGHAM, B6 6QR, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2022
2,594
28,028
30,622
At 31 October 2023
2,594
28,028
30,622
At 1 November 2022
934
9,555
10,489
At 31 October 2023
934
9,555
10,489
At 31 October 2023
1,660
18,473
20,133
At 31 October 2022
1,660
18,473
20,133
Amounts falling due within one year
ACE BARBERS LIMITED
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Other creditors
1,814
1,814
Loans from directors
237
237
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).