1 December 2023 false No description of principal activity Taxfiler 2024.6 11074122business:PrivateLimitedCompanyLtd2023-12-012024-11-30 110741222023-11-30 110741222023-12-012024-11-30 11074122business:AuditExemptWithAccountantsReport2023-12-012024-11-30 11074122business:FilletedAccounts2023-12-012024-11-30 110741222024-11-30 11074122business:Director12023-12-012024-11-30 11074122business:Director22023-12-012024-11-30 11074122business:Director32023-12-012024-11-30 11074122business:RegisteredOffice2023-12-012024-11-30 110741222023-11-30 11074122core:WithinOneYear2024-11-30 11074122core:WithinOneYear2023-11-30 11074122core:AfterOneYear2024-11-30 11074122core:AfterOneYear2023-11-30 11074122core:ShareCapitalcore:PreviouslyStatedAmount2024-11-30 11074122core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 11074122core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-30 11074122core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 11074122core:PreviouslyStatedAmount2024-11-30 11074122core:PreviouslyStatedAmount2023-11-30 11074122business:SmallEntities2023-12-012024-11-30 11074122countries:EnglandWales2023-12-012024-11-30 11074122core:LandBuildings2023-11-30 11074122core:PlantMachinery2023-11-30 11074122core:LandBuildings2023-12-012024-11-30 11074122core:PlantMachinery2023-12-012024-11-30 11074122core:LandBuildings2024-11-30 11074122core:PlantMachinery2024-11-30 110741222022-12-012023-11-30 iso4217:GBP xbrli:pure
Company Registration No. 11074122 (England and Wales)
ACE RENT A VAN CROYDON LTD Unaudited accounts for the year ended 30 November 2024
ACE RENT A VAN CROYDON LTD Unaudited accounts Contents
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ACE RENT A VAN CROYDON LTD Company Information for the year ended 30 November 2024
Directors
KIERON TARBIE LOUIS VERRICO PAUL VERRICO
Company Number
11074122 (England and Wales)
Registered Office
11 EPSOM ROAD CROYDON CR0 4NB ENGLAND
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ACE RENT A VAN CROYDON LTD Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,709,443 
1,411,169 
Current assets
Debtors
68,500 
55,500 
Cash at bank and in hand
112,440 
157,228 
180,940 
212,728 
Creditors: amounts falling due within one year
(534,330)
(483,695)
Net current liabilities
(353,390)
(270,967)
Total assets less current liabilities
1,356,053 
1,140,202 
Creditors: amounts falling due after more than one year
(537,420)
(516,430)
Net assets
818,633 
623,772 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
818,533 
623,672 
Shareholders' funds
818,633 
623,772 
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 31 August 2025 and were signed on its behalf by
KIERON TARBIE Director Company Registration No. 11074122
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ACE RENT A VAN CROYDON LTD Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
ACE RENT A VAN CROYDON LTD is a private company, limited by shares, registered in England and Wales, registration number 11074122. The registered office is 11 EPSOM ROAD, CROYDON, CR0 4NB, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2023
27,060 
1,699,022 
1,726,082 
Additions
- 
523,202 
523,202 
At 30 November 2024
27,060 
2,222,224 
2,249,284 
Depreciation
At 1 December 2023
- 
314,913 
314,913 
Charge for the year
2,706 
222,222 
224,928 
At 30 November 2024
2,706 
537,135 
539,841 
Net book value
At 30 November 2024
24,354 
1,685,089 
1,709,443 
At 30 November 2023
27,060 
1,384,109 
1,411,169 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
33,000 
30,000 
Other debtors
35,500 
25,500 
68,500 
55,500 
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ACE RENT A VAN CROYDON LTD Notes to the Accounts for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
8,750 
8,750 
VAT
41,137 
81,138 
Obligations under finance leases and hire purchase contracts
434,052 
298,704 
Trade creditors
6,225 
2,550 
Taxes and social security
7,614 
19,836 
Other creditors
36,552 
72,717 
534,330 
483,695 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
9,000 
17,750 
Obligations under finance leases and hire purchase contracts
528,420 
498,680 
537,420 
516,430 
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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