Company registration number: 10375903
Unaudited financial statements
for the year ended 31 December 2024
for
A.c.e. Solar Green Building Services Ltd
Pages for filing with the Registrar
Company registration number: 10375903
A.c.e. Solar Green Building Services Ltd
Balance sheet
as at 31 December 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 4 55,910 41,805
55,910 41,805
Current assets
Debtors 59,010 121,018
Cash at bank and in hand 14,018 32,916
73,028 153,934
Creditors: amounts falling due within one
year
(54,227) (97,104)
Net current assets 18,801 56,830
Total assets less current liabilities 74,711 98,635
Creditors: Amounts falling due after more
than one year
(52,573) (48,163)
NET ASSETS 22,138 50,472
Capital and reserves
Called up share capital 100 100
Profit and loss account 22,038 50,372
TOTAL EQUITY 22,138 50,472
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 10375903
A.c.e. Solar Green Building Services Ltd
Balance sheet - continued
as at 31 December 2024
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 4 March 2025 and signed on its behalf by:
Mr A Lee, Director
4 March 2025
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A.c.e. Solar Green Building Services Ltd
Notes to the financial statements
for the year ended 31 December 2024
1 Company information
A.c.e. Solar Green Building Services Ltd is a private company registered in England and Wales. Its registered number is 10375903. The company is limited by shares. Its registered office is 14 North Block, The Railstore, Romford, Essex, RM2 6JN.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 33% straight line
Motor vehicles - 25% reducing balance
Computer equipment - 25% straight line
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
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A.c.e. Solar Green Building Services Ltd
Notes to the financial statements - continued
for the year ended 31 December 2024
2 Accounting policies - continued
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or lossover the relevant period. The capital element of the future payments is treated as a liability.
3 Average number of employees
During the year the average number of employees was 2 (2023 - 2).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 January 2024 78,788
Additions 55,508
Disposals (72,998)
At 31 December 2024 61,298
Depreciation
At 1 January 2024 36,983
Charge for year 9,319
Eliminated on disposal (40,914)
At 31 December 2024 5,388
Net book value
At 31 December 2024 55,910
At 31 December 2023 41,805
5 Related party transactions
Included in other creditors due within one year is an amount of £22,315 (2023 - £14,121 debtor) due to A.C.E. Solar Green Holdings Ltd, a company in which the directors have a material interest. Included in other debtors due within one year is an amount of £25,756 (2023 - £24,537) due from ACE Property Rentals Ltd, a company in which the directors have a material interest.
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