Company Registration No. 15087139 (England and Wales)
Ace Spectrum Limited
Unaudited accounts
for the period from 21 August 2023 to 31 August 2024
Ace Spectrum Limited
Unaudited accounts
Contents
Ace Spectrum Limited
Company Information
for the period from 21 August 2023 to 31 August 2024
Company Number
15087139 (England and Wales)
Registered Office
12 Corver Crescent
Hazlerigg
Newcastle upon Tyne
Tyne and Wear
NE13 7FX
England
Accountants
Cangaf Limited
235
Tonge Moor Road
Bolton
BL2 2HR
Ace Spectrum Limited
Statement of financial position
as at 31 August 2024
Cash at bank and in hand
4,039
Creditors: amounts falling due within one year
(104,139)
Net current liabilities
(100,100)
Total assets less current liabilities
101,937
Creditors: amounts falling due after more than one year
(97,100)
Profit and loss account
4,835
For the period ending 31 August 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 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 4 June 2025 and were signed on its behalf by
Jia Rou TAN
Director
Company Registration No. 15087139
Ace Spectrum Limited
Notes to the Accounts
for the period from 21 August 2023 to 31 August 2024
Ace Spectrum Limited is a private company, limited by shares, registered in England and Wales, registration number 15087139. The registered office is 12 Corver Crescent, Hazlerigg, Newcastle upon Tyne, Tyne and Wear, NE13 7FX, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and 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:
4
Tangible fixed assets
Land & buildings
5
Creditors: amounts falling due within one year
2024
Bank loans and overdrafts
103,005
Taxes and social security
1,134
6
Creditors: amounts falling due after more than one year
2024
Loans from directors
97,100
Ace Spectrum Limited
Notes to the Accounts
for the period from 21 August 2023 to 31 August 2024
7
Average number of employees
During the period the average number of employees was 2.