| REGISTERED NUMBER: |
| Five Aces Ltd |
| Unaudited Financial Statements |
| for the Year Ended 30 April 2025 |
| REGISTERED NUMBER: |
| Five Aces Ltd |
| Unaudited Financial Statements |
| for the Year Ended 30 April 2025 |
| Five Aces Ltd (Registered number: 11271915) |
| Contents of the Financial Statements |
| for the Year Ended 30 April 2025 |
| Page |
| Company information | 1 |
| Balance sheet | 2 |
| Notes to the financial statements | 4 |
| Five Aces Ltd |
| Company Information |
| for the Year Ended 30 April 2025 |
| Directors: |
| Registered office: |
| Registered number: |
| Accountants: |
| Chartered Accountants |
| Mynshull House |
| 78 Churchgate |
| Stockport |
| Cheshire |
| SK1 1YJ |
| Five Aces Ltd (Registered number: 11271915) |
| Balance Sheet |
| 30 April 2025 |
| 30.4.25 | 30.4.24 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Tangible assets | 4 |
| Current assets |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 6 |
| Net current assets |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year |
7 |
| Net assets |
| Capital and reserves |
| Called up share capital |
| 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. |
| Five Aces Ltd (Registered number: 11271915) |
| Balance Sheet - continued |
| 30 April 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Five Aces Ltd (Registered number: 11271915) |
| Notes to the Financial Statements |
| for the Year Ended 30 April 2025 |
| 1. | Statutory information |
| Five Aces 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 |
| Depreciation is provided at the following annual rates in order to write off each asset over its useful life. |
| Motor Vehicles 25% Straightline basis |
| Computer Equipment 33.33 % Straightline basis |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| 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 |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability. |
| 3. | Employees and directors |
| The average number of employees during the year was |
| Five Aces Ltd (Registered number: 11271915) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2025 |
| 4. | Tangible fixed assets |
| Motor | Computer |
| vehicles | 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 |
| Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
| Motor |
| vehicles |
| £ |
| Cost |
| At 1 May 2024 |
| and 30 April 2025 |
| Depreciation |
| At 1 May 2024 |
| and 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 |
| £ | £ |
| Trade debtors |
| Five Aces Ltd (Registered number: 11271915) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2025 |
| 6. | Creditors: amounts falling due within one year |
| 30.4.25 | 30.4.24 |
| £ | £ |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | Creditors: amounts falling due after more than one year |
| 30.4.25 | 30.4.24 |
| £ | £ |
| Hire purchase contracts |