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Company Registration No. 05893184 (England and Wales)
Ace Service Centre Ltd Unaudited accounts for the year ended 31 March 2025
Ace Service Centre Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Ace Service Centre Ltd Company Information for the year ended 31 March 2025
Director
Peter Marsh
Company Number
05893184 (England and Wales)
Registered Office
203 West Street Fareham Hampshire PO16 0EN United Kingdom
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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Ace Service Centre Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
325,666 
355,359 
Current assets
Inventories
948 
948 
Cash at bank and in hand
13,599 
15,232 
14,547 
16,180 
Creditors: amounts falling due within one year
5
(192,205)
(196,728)
Net current liabilities
(177,658)
(180,548)
Total assets less current liabilities
148,008 
174,811 
Creditors: amounts falling due after more than one year
6
(306,543)
(306,543)
Net liabilities
(158,535)
(131,732)
Capital and reserves
Share premium
2 
2 
Capital contribution reserve
(85,952)
(85,952)
Profit and loss account
(72,585)
(45,782)
Shareholders' funds
(158,535)
(131,732)
For the year ending 31 March 2025 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 his 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 1 July 2025 and were signed on its behalf by
Peter Marsh Director Company Registration No. 05893184
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Ace Service Centre Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Ace Service Centre Ltd is a private company, limited by shares, registered in England and Wales, registration number 05893184. The registered office is 203 West Street, Fareham, Hampshire, PO16 0EN, United Kingdom.
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:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2024
220,000 
177,376 
3,072 
400,448 
Additions
- 
- 
4,829 
4,829 
At 31 March 2025
220,000 
177,376 
7,901 
405,277 
Depreciation
At 1 April 2024
- 
44,321 
768 
45,089 
Charge for the year
- 
33,264 
1,258 
34,522 
At 31 March 2025
- 
77,585 
2,026 
79,611 
Net book value
At 31 March 2025
220,000 
99,791 
5,875 
325,666 
At 31 March 2024
220,000 
133,055 
2,304 
355,359 
- 5 -
Ace Service Centre Ltd Notes to the Accounts for the year ended 31 March 2025
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
149,807 
149,807 
VAT
387 
137 
Other creditors
(2,198)
9,800 
Loans from directors
42,736 
35,611 
Accruals
1,473 
1,373 
192,205 
196,728 
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
306,543 
306,543 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Peter Marsh
Director Loan Account
(35,611)
(71,138)
(64,013)
(42,736)
(35,611)
(71,138)
(64,013)
(42,736)
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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