Company Registration No. 13692437 (England and Wales)
Ace's Desserts Ltd
Unaudited accounts
for the year ended 31 October 2023
Ace's Desserts Ltd
Unaudited accounts
Contents
Ace's Desserts Ltd
Company Information
for the year ended 31 October 2023
Director
Mohammed Amir Uddin
Company Number
13692437 (England and Wales)
Registered Office
35 HIGH STREET
SWANSEA
SA1 1LG
WALES
Accountants
Absolute Efficiency Limited
T208 - Titan House
Cardiff Bay Business Centre
Cardiff
CF24 5BS
Ace's Desserts Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
7,447
5,233
Cash at bank and in hand
9,555
915
Creditors: amounts falling due within one year
(34,910)
(26,873)
Net current liabilities
(12,843)
(20,538)
Net liabilities
(5,396)
(15,305)
Profit and loss account
(5,396)
(15,305)
Shareholders' funds
(5,396)
(15,305)
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 28 October 2024 and were signed on its behalf by
Mohammed Amir Uddin
Director
Company Registration No. 13692437
Ace's Desserts Ltd
Notes to the Accounts
for the year ended 31 October 2023
Ace's Desserts Ltd is a private company, limited by shares, registered in England and Wales, registration number 13692437. The registered office is 35 HIGH STREET, SWANSEA, SA1 1LG, WALES.
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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:
Plant & machinery
33% Straight Line
Fixtures & fittings
25% Straight Line
The Financial Statements have been prepared on a going concern basis. The Company will continue to seek resources needed to operate in the next year.
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2022
2,967
2,500
5,467
At 31 October 2023
7,867
3,250
11,117
At 1 November 2022
165
69
234
Charge for the year
2,627
809
3,436
At 31 October 2023
2,792
878
3,670
At 31 October 2023
5,075
2,372
7,447
At 31 October 2022
2,802
2,431
5,233
Ace's Desserts Ltd
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Accrued income and prepayments
292
-
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
5,904
1,970
Other creditors
6,034
3,175
Loans from directors
22,972
21,728
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Average number of employees
During the year the average number of employees was 6 (2022: 4).