Company Registration No. 14704524 (England and Wales)
Ace Tax and Accountancy Services Ltd
Unaudited accounts
for the year ended 31 March 2025
Ace Tax and Accountancy Services Ltd
Unaudited accounts
Contents
Ace Tax and Accountancy Services Ltd
Company Information
for the year ended 31 March 2025
Company Number
14704524 (England and Wales)
Registered Office
DBH6 Diss Business Hub
Diss Business Park
Diss
Norfolk
IP22 4GT
Accountants
Ace Tax and Accountancy Services Ltd
DBH6 Diss Business Hub
Diss Business Park
Diss
Norfolk
IP22 4GT
Ace Tax and Accountancy Services Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
1,154
1,255
Cash at bank and in hand
38,400
22,880
Creditors: amounts falling due within one year
(23,201)
(16,285)
Net current assets
20,109
13,952
Total assets less current liabilities
21,263
15,207
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
20,944
14,869
Shareholders' funds
21,044
14,969
For the year ending 31 March 2025 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 her 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 21 May 2025 and were signed on its behalf by
Lauren Solley
Director
Company Registration No. 14704524
Ace Tax and Accountancy Services Ltd
Notes to the Accounts
for the year ended 31 March 2025
Ace Tax and Accountancy Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 14704524. The registered office is DBH6 Diss Business Hub, Diss Business Park, Diss, Norfolk, IP22 4GT.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Computer equipment
25% Straight Line
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Amounts falling due after more than one year
Ace Tax and Accountancy Services Ltd
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
473
1,632
Taxes and social security
10,657
11,243
Loans from directors
6,413
322
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).