AC GLOBAL LIMITED

Company Registration Number:
08562147 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2025

Period of accounts

Start date: 29 February 2024

End date: 28 February 2025

AC GLOBAL LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2025

Balance sheet
Additional notes
Balance sheet notes

AC GLOBAL LIMITED

Balance sheet

As at 28 February 2025

Notes 2025 2024


£
£
Fixed assets
Tangible assets: 3 127,989 162,266
Total fixed assets: 127,989 162,266
Current assets
Stocks: 4 270,224 268,189
Debtors: 5 1,945,733 1,347,587
Cash at bank and in hand: 245,101 95,566
Total current assets: 2,461,058 1,711,342
Creditors: amounts falling due within one year: 6 ( 688,835 ) ( 467,117 )
Net current assets (liabilities): 1,772,223 1,244,225
Total assets less current liabilities: 1,900,212 1,406,491
Creditors: amounts falling due after more than one year: 7 ( 73,812 )
Provision for liabilities: ( 26,485 ) ( 28,233 )
Total net assets (liabilities): 1,873,727 1,304,446
Capital and reserves
Called up share capital: 99 99
Profit and loss account: 1,873,628 1,304,347
Total Shareholders' funds: 1,873,727 1,304,446

The notes form part of these financial statements

AC GLOBAL LIMITED

Balance sheet statements

For the year ending 28 February 2025 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 8 October 2025
and signed on behalf of the board by:

Name: Mr Melvin Glazebrook
Status: Director

The notes form part of these financial statements

AC GLOBAL LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

AC GLOBAL LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 5 5

AC GLOBAL LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 29 February 2024 164,946 70,662 78,182 313,790
Additions 9,453 1,533 4,526 15,512
Disposals ( 33,391 ) ( 33,391 )
Revaluations
Transfers
At 28 February 2025 174,399 38,804 82,708 295,911
Depreciation
At 29 February 2024 81,557 31,477 38,490 151,524
Charge for year 12,508 3,302 10,457 26,267
On disposals ( 9,869 ) ( 9,869 )
Other adjustments
At 28 February 2025 94,065 24,910 48,947 167,922
Net book value
At 28 February 2025 80,334 13,894 33,761 127,989
At 28 February 2024 83,389 39,185 39,692 162,266

AC GLOBAL LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

4. Stocks

2025 2024
£ £
Stocks 270,224 268,189
Total 270,224 268,189

AC GLOBAL LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

5. Debtors

2025 2024
£ £
Trade debtors 724,883 580,076
Prepayments and accrued income 26,406 15,861
Other debtors 1,194,444 751,650
Total 1,945,733 1,347,587

AC GLOBAL LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

6. Creditors: amounts falling due within one year note

2025 2024
£ £
Bank loans and overdrafts 73,813 93,515
Trade creditors 335,598 219,674
Taxation and social security 269,797 105,204
Accruals and deferred income 4,600 4,000
Other creditors 5,027 44,724
Total 688,835 467,117

AC GLOBAL LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

7. Creditors: amounts falling due after more than one year note

  2024
  £
Bank loans and overdrafts 73,812
Total   73,812

AC GLOBAL LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

8. Loans to directors

Name of director receiving advance or credit:
Description of the transaction:
Advance
£
Balance at 28 February 2024 65,727
Advances or credits made: 7,613
Advances or credits repaid:
Balance at 28 February 2025 73,340
Name of director receiving advance or credit:
Description of the transaction:
Advance
£
Balance at 28 February 2024
Advances or credits made: 2,152
Advances or credits repaid:
Balance at 28 February 2025 2,152
Name of director receiving advance or credit: Other related Parties
Description of the transaction:
Loans to related parties - Joel Glazebrook (brother of Melvin Glazebrook, son of Ken Glazebrook) £81,000. Baia Blu Ltd (fully controlled by Melvin Glazebrook) £1,046,952.
£
Balance at 28 February 2024 680,830
Advances or credits made: 447,122
Advances or credits repaid:
Balance at 28 February 2025 1,127,952