REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 |
FOR |
ACE PROPERTIES FRECKLETON LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 |
FOR |
ACE PROPERTIES FRECKLETON LTD |
ACE PROPERTIES FRECKLETON LTD (REGISTERED NUMBER: 10719596) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 APRIL 2025 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
ACE PROPERTIES FRECKLETON LTD |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 APRIL 2025 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Squires Lodge |
17 Main Street |
Nether Poppleton |
York |
North Yorkshire |
YO26 6HS |
ACE PROPERTIES FRECKLETON LTD (REGISTERED NUMBER: 10719596) |
BALANCE SHEET |
30 APRIL 2025 |
30.4.25 | 30.4.24 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
The financial statements were approved by the Board of Directors and authorised for issue on |
ACE PROPERTIES FRECKLETON LTD (REGISTERED NUMBER: 10719596) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 APRIL 2025 |
1. | STATUTORY INFORMATION |
Ace Properties Freckleton Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of 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 |
Freehold property | - |
Fixtures, fittings & equipment | - |
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. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Freehold land and buildings |
The freehold land and buildings consist of prefabricated structures which are expected to have an economic useful life of 25 years. On this basis they are depreciated at 4% on cost. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2024 - NIL). |
ACE PROPERTIES FRECKLETON LTD (REGISTERED NUMBER: 10719596) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 APRIL 2025 |
4. | TANGIBLE FIXED ASSETS |
Fixtures, |
Freehold | fittings |
property | & equipment | Totals |
£ | £ | £ |
COST |
At 1 May 2024 |
and 30 April 2025 |
DEPRECIATION |
At 1 May 2024 |
Charge for year |
At 30 April 2025 |
NET BOOK VALUE |
At 30 April 2025 |
At 30 April 2024 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.25 | 30.4.24 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.25 | 30.4.24 |
£ | £ |
Taxation and social security |
Other creditors |