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REGISTERED NUMBER: 05818344 (England and Wales)















Financial Statements for the Year Ended 5 April 2024

for

Aceart Carpentry Limited

Aceart Carpentry Limited (Registered number: 05818344)






Contents of the Financial Statements
for the Year Ended 5 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Aceart Carpentry Limited

Company Information
for the Year Ended 5 April 2024







DIRECTOR: A Cikaj





SECRETARY: Mrs M Cikaj





REGISTERED OFFICE: 89 Court Road
London
SE9 5AG





REGISTERED NUMBER: 05818344 (England and Wales)





ACCOUNTANTS: Ortenz & Co Ltd
354 High Street North
East Ham
London
E12 6PH

Aceart Carpentry Limited (Registered number: 05818344)

Balance Sheet
5 April 2024

5.4.24 5.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 576,161 590,721

CURRENT ASSETS
Debtors 5 514,279 600,533
Cash at bank 123,956 115,861
638,235 716,394
CREDITORS
Amounts falling due within one year 6 29,247 26,543
NET CURRENT ASSETS 608,988 689,851
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,185,149

1,280,572

CREDITORS
Amounts falling due after more than
one year

7

408,433

441,579
NET ASSETS 776,716 838,993

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 775,716 837,993
SHAREHOLDERS' FUNDS 776,716 838,993

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Aceart Carpentry Limited (Registered number: 05818344)

Balance Sheet - continued
5 April 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 March 2025 and were signed by:





A Cikaj - Director


Aceart Carpentry Limited (Registered number: 05818344)

Notes to the Financial Statements
for the Year Ended 5 April 2024

1. STATUTORY INFORMATION

Aceart Carpentry Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Aceart Carpentry Limited (Registered number: 05818344)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 6 April 2023
and 5 April 2024 532,483 145,413 677,896
DEPRECIATION
At 6 April 2023 - 87,175 87,175
Charge for year - 14,560 14,560
At 5 April 2024 - 101,735 101,735
NET BOOK VALUE
At 5 April 2024 532,483 43,678 576,161
At 5 April 2023 532,483 58,238 590,721

Included in cost of land and buildings is freehold land of £ 532,483 (2023 - £ 532,483 ) which is not depreciated.

5. DEBTORS
5.4.24 5.4.23
£    £   
Amounts falling due within one year:
Trade debtors - 8,640
Other debtors 239,980 304,594
239,980 313,234

Amounts falling due after more than one year:
Other debtors 274,299 287,299

Aggregate amounts 514,279 600,533

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24 5.4.23
£    £   
Bank loans and overdrafts 9,125 6,221
Trade creditors 1 1,242
Taxation and social security 12,510 11,857
Other creditors 7,611 7,223
29,247 26,543

Aceart Carpentry Limited (Registered number: 05818344)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
5.4.24 5.4.23
£    £   
Bank loans 362,758 388,964
Hire purchase contracts 45,675 52,615
408,433 441,579

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 5 April 2024 and 5 April 2023:

5.4.24 5.4.23
£    £   
A Cikaj
Balance outstanding at start of year 254,955 254,955
Amounts repaid (45,880 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 209,075 254,955

Aceart Carpentry Limited

Report of the Accountants to the Director of
Aceart Carpentry Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 5 April 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Ortenz & Co Ltd
354 High Street North
East Ham
London
E12 6PH


26 March 2025