Registered number: 3194514 | ||||||||
FOR THE YEAR ENDED 30/06/2024 | ||||||||
Prepared By: | ||||||||
SSA Accountants Limited | ||||||||
Chartered Certified Accountants | ||||||||
44 Furzedown Road | ||||||||
Sutton | ||||||||
Surrey | ||||||||
SM2 5QF |
Ace Hygiene Supplies Ltd | ||||||||
Registered number: 3194514 | ||||||||
FOR THE YEAR ENDED 30/06/2024 | ||||||||
Ace Hygiene Supplies Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30/06/2024 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
REGISTERED OFFICE | ||||||||
East Sussex | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 3194514 | ||||||||
ACCOUNTANTS | ||||||||
SSA Accountants Limited | ||||||||
Chartered Certified Accountants | ||||||||
44 Furzedown Road | ||||||||
Sutton | ||||||||
Surrey | ||||||||
SM2 5QF |
Ace Hygiene Supplies Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED30/06/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 4 | |||||||
Notes To The Accounts | 5 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Ace Hygiene Supplies Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
Investment Assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Debtors | ||||||||||
Cash at bank and in hand | ||||||||||
4,574,361 | 3,796,419 | |||||||||
CREDITORS: Amounts falling due within one year | ||||||||||
NET CURRENT ASSETS | 1,224,480 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 1,220,204 | 1,198,642 | ||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | ||||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | ||||||||||
Revaluation reserve | , | 262,125 | 258,750 | |||||||
Profit and loss account | 2,008,823 | 2,087,050 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Ace Hygiene Supplies Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30/06/2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Plant and Machinery | reducing balance 25% | |||||||
Motor Cars | reducing balance 25% |
1c. Stocks | ||||||||
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. |
1d. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
1e. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. This includes investment in group undertaking. Dividend income from the group undertaking is shown in the profit and loss account. | ||||||||
Provisions are made for temporary fluctuations in value. |
Ace Hygiene Supplies Ltd | ||||||||
2. TANGIBLE FIXED ASSETS | ||||||||||
Land And | Plant and | |||||||||
Buildings | Machinery | Motor Cars | Total | |||||||
£ | £ | £ | £ | |||||||
Cost | ||||||||||
At 01/07/2023 | 1,550,000 | 265,459 | 75,970 | 1,891,429 | ||||||
Additions | 100,000 | - | - | 100,000 | ||||||
Disposals | - | - | (75,970) | (75,970) | ||||||
Revaluation | 90,000 | - | - | 90,000 | ||||||
At 30/06/2024 | 1,740,000 | 265,459 | - | 2,005,459 | ||||||
Depreciation | ||||||||||
At 01/07/2023 | - | 217,162 | 69,771 | 286,933 | ||||||
Disposals | - | - | (69,771) | (69,771) | ||||||
For the year | - | 12,074 | - | 12,074 | ||||||
At 30/06/2024 | - | 229,236 | - | 229,236 | ||||||
Net Book Amounts | ||||||||||
At 30/06/2024 | 1,776,223 | |||||||||
At 30/06/2023 | 1,604,496 | |||||||||
The freehold property is at the valuation which was carried out by the directors on 30th June 2024. Land and buildings are not depreciated. | ||||||||||
3. FINANCIAL ASSETS | |||||||||
Shares in group companies | Other | ||||||||
and participating interests | Investments | Total | |||||||
£ | £ | £ | |||||||
Cost | |||||||||
At 01/07/2023 | 874,496 | 22,320 | 896,816 | ||||||
At 30/06/2024 | 874,496 | 22,320 | 896,816 | ||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 30/06/2024 | 874,496 | 22,320 | 896,816 | ||||||
At 30/06/2023 | 874,496 | 22,320 | 896,816 | ||||||
4. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 14 | |||||
Ace Hygiene Supplies Ltd | ||||||||
5. CONTROLLING PARTY | ||||||||
The directors control the company by virtue of their shareholdings in the company. | ||||||||
6. EVENTS AFTER THE END OF THE REPORTING PERIOD | ||||||||
We confirm that no other event has occurred between the Balance sheet date and the date of approval of these accounts, which will | ||||||||
materially affect the amounts or manner in which significant items are reflected in the accounts. | ||||||||
7. COMMITMENTS | ||||||||
At 30 June 2024 the company's total commitment was £Nil (2023: £Nil). | ||||||||
8. DIRECTORS ADVANCES, CREDITS AND GUARANTEES | ||||||||
The directors' loan balance brought forward on 1 July 2023 was £290,613 credit and net credits to the directors was £130,013. The balance carried forward at the year end was £420,626 credit. | ||||||||
9. BORROWINGS | ||||||||
The aggregate of bank loans instalments which fall due for payment after five years at the year end was £585,000 | ||||||||
(2023: £514,293). | ||||||||