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Company Registration No. 11274403 (England and Wales)
ACE TRANS LIMITED Unaudited accounts for the year ended 31 March 2024
ACE TRANS LIMITED Unaudited accounts Contents
Page
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ACE TRANS LIMITED Company Information for the year ended 31 March 2024
Director
Mehmood Sajid
Company Number
11274403 (England and Wales)
Registered Office
23-27 KING ST LUTON BEDS LU1 2DW ENGLAND
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ACE TRANS LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
16,504 
18,504 
Current assets
Debtors
22,112 
27,784 
Cash at bank and in hand
5,560 
1,855 
27,672 
29,639 
Net current assets
27,672 
29,639 
Total assets less current liabilities
44,176 
48,143 
Creditors: amounts falling due after more than one year
(14,300)
(18,500)
Net assets
29,876 
29,643 
Capital and reserves
Profit and loss account
29,876 
29,643 
Shareholders' funds
29,876 
29,643 
For the year ending 31 March 2024 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 12 February 2025 and were signed on its behalf by
Mehmood Sajid Director Company Registration No. 11274403
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ACE TRANS LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
ACE TRANS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11274403. The registered office is 23-27 KING ST, LUTON, BEDS, LU1 2DW, 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.
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:
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 April 2023
30,104 
At 31 March 2024
30,104 
Depreciation
At 1 April 2023
11,600 
Charge for the year
2,000 
At 31 March 2024
13,600 
Net book value
At 31 March 2024
16,504 
At 31 March 2023
18,504 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
13,604 
22,604 
Amounts falling due after more than one year
Other debtors
8,508 
5,180 
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ACE TRANS LIMITED Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
14,300 
18,500 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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