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Company Registration No. SC586816 (Scotland)
ACE Farming Ltd Unaudited accounts for the year ended 31 January 2025
ACE Farming Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
ACE Farming Ltd Company Information for the year ended 31 January 2025
Director
Gavin Rorison
Company Number
SC586816 (Scotland)
Registered Office
8D SMITH STREET AYR KA7 1TD SCOTLAND
Accountants
W Wilson Millar Ltd 32 Moorfield Road Prestwick KA9 2HW
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ACE Farming Ltd Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
3,825 
3,825 
Creditors: amounts falling due within one year
5
(4,080)
(3,390)
Net current liabilities
(4,080)
(3,390)
Net (liabilities)/assets
(255)
435 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(355)
335 
Shareholders' funds
(255)
435 
For the year ending 31 January 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 30 October 2025 and were signed on its behalf by
Gavin Rorison Director Company Registration No. SC586816
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ACE Farming Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
ACE Farming Ltd is a private company, limited by shares, registered in Scotland, registration number SC586816. The registered office is 8D SMITH STREET, AYR, KA7 1TD, SCOTLAND.
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:
Land & buildings
Not Depreciated
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 February 2024
3,825 
At 31 January 2025
3,825 
Depreciation
At 31 January 2025
- 
Net book value
At 31 January 2025
3,825 
At 31 January 2024
3,825 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
240 
220 
Taxes and social security
- 
6 
Loans from directors
3,840 
3,164 
4,080 
3,390 
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ACE Farming Ltd Notes to the Accounts for the year ended 31 January 2025
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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