ACE Pilates Ltd - Accounts

ACE Pilates Ltd
Contents Page
For the year ended 31 March 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

ACE Pilates Ltd Accountants' Report For the year ended 31 March 2025
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts ACE Pilates Ltd for the year ended 31 March 2025. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of ACE Pilates Ltd for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com. This report is made solely to the Board of Directors of ACE Pilates Ltd , as a body, in accordance with the terms of our engagement letter dated 23 September 2025. Our work has been undertaken solely to prepare for your approval the accounts of ACE Pilates Ltd and state those matters that we have agreed to state to the Board of Directors of ACE Pilates Ltd, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ACE Pilates Ltd and its Board of Directors as a body for our work or for this report. It is your duty to ensure that ACE Pilates Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit ACE Pilates Ltd. You consider that ACE Pilates Ltd is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of ACE Pilates Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. .................................................... T & K Accounting Group T & K Accounting Group 69 Banstead Road Carshalton SM5 3NP 23 September 2025 1

ACE Pilates Ltd
Accountants' Report
For the year ended 31 March 2025

Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts ACE Pilates Ltd for the year ended 31 March 2025.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of ACE Pilates Ltd for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.

This report is made solely to the Board of Directors of ACE Pilates Ltd , as a body, in accordance with the terms of our engagement letter dated 23 September 2025. Our work has been undertaken solely to prepare for your approval the accounts of ACE Pilates Ltd and state those matters that we have agreed to state to the Board of Directors of ACE Pilates Ltd, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ACE Pilates Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that ACE Pilates Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit ACE Pilates Ltd. You consider that ACE Pilates Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of ACE Pilates Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

....................................................
T & K Accounting Group
T & K Accounting Group
69 Banstead Road
Carshalton
SM5 3NP
23 September 2025

1

ACE Pilates Ltd
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Intangible fixed assets	3	6,833	10,083
Tangible fixed assets	4	222,754	255,096
		229,587	265,179
Current assets
Stocks		0	664
Debtors		112,612	96,839
Cash at bank and in hand		32,193	51,088
		144,805	148,591
Creditors: amount falling due within one year		(51,578)	(111,737)
Net current assets		93,227	36,854

Total assets less current liabilities		322,814	302,033
Creditors: amount falling due after more than one year		(282,000)	(324,946)
Net assets		40,814	(22,913)

Capital and reserves
Called up share capital	5	100	100
Profit and loss account		40,714	(23,013)
Shareholders' funds		40,814	(22,913)

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 23 September 2025 and were signed on its behalf by:

-------------------------------
Eller Lim
Director

2

ACE Pilates Ltd
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

ACE Pilates Ltd is a private company, limited by shares, registered in , registration number 14010542, registration address Lower Ground Floor, 60-68 Pentonville road, islington, London, N1 9HS.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 2).

3.

Intangible fixed assets

Cost	Other	Total
	£	£
At 01 April 2024	15,000	15,000
Additions	-	-
Disposals	-	-
At 31 March 2025	15,000	15,000
Amortisation
At 01 April 2024	4,917	4,917
Charge for year	3,250	3,250
On disposals	-	-
At 31 March 2025	8,167	8,167
Net book values
At 31 March 2025	6,833	6,833
At 31 March 2024	10,083	10,083

4.

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Total
	£	£	£
At 01 April 2024	7,656	305,448	313,104
Additions	-	5,026	5,026
Disposals	-	-	-
At 31 March 2025	7,656	310,474	318,130
Depreciation
At 01 April 2024	-	58,008	58,008
Charge for year	-	37,368	37,368
On disposals	-	-	-
At 31 March 2025	-	95,376	95,376
Net book values
Closing balance as at 31 March 2025	7,656	215,098	222,754
Opening balance as at 01 April 2024	7,656	247,440	255,096

5.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
100 Class A shares of £1.00 each	100		100
	100		100

3


Registered Number: 14010542

ACE PILATES LTD

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025