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Registered Number: 11131945
England and Wales

 

 

 


Report of the Director and Unaudited Financial Statements

for the year ended 31 January 2024

for

ACE CAPITAL GROUP LTD

 
 
 
£
2024
£
   
£
2023
£
Fixed assets 172,511  127,500 
Current assets 2,682  2,035 
Creditors: amount falling due within one year (77,238) (75,638)
Net current assets/(liabilities) (74,556) (73,603)
Total assets less current liabilities 97,955  53,897 
Accrued liabilities (51,793) (51,793)
Net assets/(liabilities) 46,162  2,104 
 
Capital and reserves 46,162  2,104 
 
  1. For the year ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
  2. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
  3. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:


----------------------------------
Justin Piers Drummond
Director

Date approved: 31 January 2025
1
Statutory Information
ACE CAPITAL GROUP LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number 11131945, registration address 20-22 Wenlock Road, London, N1 7GU, England.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).
Going Concern
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
2.

Average number of employees

Average number of employees during the year was 0  (2023: 0).
2