2023-02-162024-02-292024-02-29false14668078ACE BUILDING SOLUTIONS (SE) LTD2024-11-12iso4217:GBPxbrli:pure146680782023-02-16146680782024-02-29146680782023-02-162024-02-29146680782023-02-15146680782023-02-15146680782023-02-152023-02-1514668078bus:SmallEntities2023-02-162024-02-2914668078bus:AuditExempt-NoAccountantsReport2023-02-162024-02-2914668078bus:AbridgedAccounts2023-02-162024-02-2914668078bus:PrivateLimitedCompanyLtd2023-02-162024-02-2914668078core:WithinOneYear2024-02-2914668078core:AfterOneYear2024-02-2914668078core:WithinOneYear2023-02-1514668078core:AfterOneYear2023-02-1514668078core:ShareCapital2024-02-2914668078core:SharePremium2024-02-2914668078core:RevaluationReserve2024-02-2914668078core:OtherReservesSubtotal2024-02-2914668078core:RetainedEarningsAccumulatedLosses2024-02-2914668078core:ShareCapital2023-02-1514668078core:SharePremium2023-02-1514668078core:RevaluationReserve2023-02-1514668078core:OtherReservesSubtotal2023-02-1514668078core:RetainedEarningsAccumulatedLosses2023-02-1514668078core:LandBuildings2024-02-2914668078core:PlantMachinery2024-02-2914668078core:Vehicles2024-02-2914668078core:FurnitureFittings2024-02-2914668078core:OfficeEquipment2024-02-2914668078core:NetGoodwill2024-02-2914668078core:IntangibleAssetsOtherThanGoodwill2024-02-2914668078core:ListedExchangeTraded2024-02-2914668078core:UnlistedNon-exchangeTraded2024-02-2914668078core:LandBuildings2023-02-1514668078core:PlantMachinery2023-02-1514668078core:Vehicles2023-02-1514668078core:FurnitureFittings2023-02-1514668078core:OfficeEquipment2023-02-1514668078core:NetGoodwill2023-02-1514668078core:IntangibleAssetsOtherThanGoodwill2023-02-1514668078core:ListedExchangeTraded2023-02-1514668078core:UnlistedNon-exchangeTraded2023-02-1514668078core:LandBuildings2023-02-162024-02-2914668078core:PlantMachinery2023-02-162024-02-2914668078core:Vehicles2023-02-162024-02-2914668078core:FurnitureFittings2023-02-162024-02-2914668078core:OfficeEquipment2023-02-162024-02-2914668078core:NetGoodwill2023-02-162024-02-2914668078core:IntangibleAssetsOtherThanGoodwill2023-02-162024-02-2914668078core:ListedExchangeTraded2023-02-162024-02-2914668078core:UnlistedNon-exchangeTraded2023-02-162024-02-2914668078core:MoreThanFiveYears2023-02-162024-02-2914668078core:Non-currentFinancialInstruments2024-02-2914668078core:Non-currentFinancialInstruments2023-02-1514668078dpl:CostSales2023-02-162024-02-2914668078dpl:DistributionCosts2023-02-162024-02-2914668078core:LandBuildings2023-02-162024-02-2914668078core:PlantMachinery2023-02-162024-02-2914668078core:Vehicles2023-02-162024-02-2914668078core:FurnitureFittings2023-02-162024-02-2914668078core:OfficeEquipment2023-02-162024-02-2914668078dpl:AdministrativeExpenses2023-02-162024-02-2914668078core:NetGoodwill2023-02-162024-02-2914668078core:IntangibleAssetsOtherThanGoodwill2023-02-162024-02-2914668078dpl:GroupUndertakings2023-02-162024-02-2914668078dpl:ParticipatingInterests2023-02-162024-02-2914668078dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-162024-02-2914668078core:ListedExchangeTraded2023-02-162024-02-2914668078dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-162024-02-2914668078core:UnlistedNon-exchangeTraded2023-02-162024-02-2914668078dpl:CostSales2023-02-152023-02-1514668078dpl:DistributionCosts2023-02-152023-02-1514668078core:LandBuildings2023-02-152023-02-1514668078core:PlantMachinery2023-02-152023-02-1514668078core:Vehicles2023-02-152023-02-1514668078core:FurnitureFittings2023-02-152023-02-1514668078core:OfficeEquipment2023-02-152023-02-1514668078dpl:AdministrativeExpenses2023-02-152023-02-1514668078core:NetGoodwill2023-02-152023-02-1514668078core:IntangibleAssetsOtherThanGoodwill2023-02-152023-02-1514668078dpl:GroupUndertakings2023-02-152023-02-1514668078dpl:ParticipatingInterests2023-02-152023-02-1514668078dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-152023-02-1514668078core:ListedExchangeTraded2023-02-152023-02-1514668078dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-152023-02-1514668078core:UnlistedNon-exchangeTraded2023-02-152023-02-1514668078core:NetGoodwill2024-02-2914668078core:IntangibleAssetsOtherThanGoodwill2024-02-2914668078core:LandBuildings2024-02-2914668078core:PlantMachinery2024-02-2914668078core:Vehicles2024-02-2914668078core:FurnitureFittings2024-02-2914668078core:OfficeEquipment2024-02-2914668078core:AfterOneYear2024-02-2914668078core:WithinOneYear2024-02-2914668078core:ListedExchangeTraded2024-02-2914668078core:UnlistedNon-exchangeTraded2024-02-2914668078core:ShareCapital2024-02-2914668078core:SharePremium2024-02-2914668078core:RevaluationReserve2024-02-2914668078core:OtherReservesSubtotal2024-02-2914668078core:RetainedEarningsAccumulatedLosses2024-02-2914668078core:NetGoodwill2023-02-1514668078core:IntangibleAssetsOtherThanGoodwill2023-02-1514668078core:LandBuildings2023-02-1514668078core:PlantMachinery2023-02-1514668078core:Vehicles2023-02-1514668078core:FurnitureFittings2023-02-1514668078core:OfficeEquipment2023-02-1514668078core:AfterOneYear2023-02-1514668078core:WithinOneYear2023-02-1514668078core:ListedExchangeTraded2023-02-1514668078core:UnlistedNon-exchangeTraded2023-02-1514668078core:ShareCapital2023-02-1514668078core:SharePremium2023-02-1514668078core:RevaluationReserve2023-02-1514668078core:OtherReservesSubtotal2023-02-1514668078core:RetainedEarningsAccumulatedLosses2023-02-1514668078core:NetGoodwill2023-02-1514668078core:IntangibleAssetsOtherThanGoodwill2023-02-1514668078core:LandBuildings2023-02-1514668078core:PlantMachinery2023-02-1514668078core:Vehicles2023-02-1514668078core:FurnitureFittings2023-02-1514668078core:OfficeEquipment2023-02-1514668078core:AfterOneYear2023-02-1514668078core:WithinOneYear2023-02-1514668078core:ListedExchangeTraded2023-02-1514668078core:UnlistedNon-exchangeTraded2023-02-1514668078core:ShareCapital2023-02-1514668078core:SharePremium2023-02-1514668078core:RevaluationReserve2023-02-1514668078core:OtherReservesSubtotal2023-02-1514668078core:RetainedEarningsAccumulatedLosses2023-02-1514668078core:AfterOneYear2023-02-162024-02-2914668078core:WithinOneYear2023-02-162024-02-2914668078core:Non-currentFinancialInstrumentscore:CostValuation2023-02-162024-02-2914668078core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-02-162024-02-2914668078core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-02-162024-02-2914668078core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-02-162024-02-2914668078core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-02-162024-02-2914668078core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-02-162024-02-2914668078core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-02-162024-02-2914668078core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-02-162024-02-2914668078core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-02-162024-02-2914668078core:Non-currentFinancialInstrumentscore:CostValuation2024-02-2914668078core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-02-2914668078core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-02-2914668078core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-02-2914668078core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-02-2914668078core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-02-2914668078core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-02-2914668078core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-02-2914668078core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-02-2914668078core:Non-currentFinancialInstrumentscore:CostValuation2023-02-1514668078core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-02-1514668078core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-02-1514668078core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-02-1514668078core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-02-1514668078core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-02-1514668078core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-02-1514668078core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-02-1514668078core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-02-1514668078bus:Director12023-02-162024-02-29

ACE BUILDING SOLUTIONS (SE) LTD

Registered Number
14668078
(England and Wales)

Unaudited Financial Statements for the Period ended
29 February 2024

ACE BUILDING SOLUTIONS (SE) LTD
Company Information
for the period from 16 February 2023 to 29 February 2024

Director

David Yarnell

Registered Address

Downford House
16 George Street
Hailsham
BN27 1AE

Registered Number

14668078 (England and Wales)
ACE BUILDING SOLUTIONS (SE) LTD
Balance Sheet as at
29 February 2024

Notes

2024

£

£

Fixed assets
Tangible assets32,250
2,250
Current assets
Debtors16,864
Cash at bank and on hand2,921
19,785
Creditors amounts falling due within one year(24,619)
Net current assets (liabilities)(4,834)
Total assets less current liabilities(2,584)
Net assets(2,584)
Capital and reserves
Profit and loss account(2,584)
Shareholders' funds(2,584)
The financial statements were approved and authorised for issue by the Director on 12 November 2024, and are signed on its behalf by:
David Yarnell
Director
Registered Company No. 14668078
ACE BUILDING SOLUTIONS (SE) LTD
Notes to the Financial Statements
for the period ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Plant and machinery25
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

2024
Average number of employees during the year1
3.Tangible fixed assets

Total

£
Cost or valuation
Additions3,000
At 29 February 243,000
Depreciation and impairment
Charge for year750
At 29 February 24750
Net book value
At 29 February 242,250
At 15 February 23-