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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
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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
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Ace's Desserts Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,447 
5,233 
Current assets
Inventories
3,000 
3,000 
Debtors
9,512 
2,420 
Cash at bank and in hand
9,555 
915 
22,067 
6,335 
Creditors: amounts falling due within one year
(34,910)
(26,873)
Net current liabilities
(12,843)
(20,538)
Net liabilities
(5,396)
(15,305)
Capital and reserves
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
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Ace's Desserts Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
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.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Going concern
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.
4
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 
Additions
4,900 
750 
5,650 
At 31 October 2023
7,867 
3,250 
11,117 
Depreciation
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 
Net book value
At 31 October 2023
5,075 
2,372 
7,447 
At 31 October 2022
2,802 
2,431 
5,233 
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Ace's Desserts Ltd Notes to the Accounts for the year ended 31 October 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
6,959 
751 
Trade debtors
761 
169 
Accrued income and prepayments
292 
- 
8,012 
920 
Amounts falling due after more than one year
Other debtors
1,500 
1,500 
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 
34,910 
26,873 
7
Average number of employees
During the year the average number of employees was 6 (2022: 4).
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