| Ace Marine Services & Solutions Ltd |
| Registered Number:07170161 |
For the year ended 28 February 2025
England and Wales
Unaudited Financial Statements
For the year ended 28 February 2025
Ace Marine Services & Solutions Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Ace Marine Services & Solutions Ltd
Statement of Financial Position
2024
2025
| Property, plant and equipment |
21,879
21,542
2
21,879
21,542
3,825
45,518
3
| Trade and other receivables |
32,149
32,292
4
76,835
| Cash and cash equivalents |
41,430
119,240
112,809
| Trade and other payables: amounts falling due within one |
| year |
(74,526)
(95,154)
5
38,283
24,086
Net current assets
| Total assets less current liabilities |
45,965
59,825
45,965
Net assets
59,825
100
100
45,865
59,725
45,965
59,825
Shareholders' funds
| For the year ended 28 February 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 of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
| each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
| 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
| statements, so far as applicable to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mr Bryan Richard Davies Director |
| These financial statements were approved and authorised for issue by the Board on 28 November 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 28 February 2025
Ace Marine Services & Solutions Ltd
Notes to the Financial Statements
Statutory Information
| Ace Marine Services & Solutions Ltd is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 07170161. |
Hamble Yacht Services
Port Hamble
Hamble
Hampshire
SO31 4NN
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
| 2. Property, plant and equipment |
49,934
4,967
44,967
6,535
701
5,834
50,801
5,668
56,469
| Provision for depreciation and impairment |
28,392
3,630
24,762
Charge for year
6,198
539
5,659
34,590
4,169
30,421
20,380
1,499
21,879
20,205
1,337
21,542
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For the year ended 28 February 2025
Ace Marine Services & Solutions Ltd
Notes to the Financial Statements Continued
2024
2025
45,518
3,825
| 4. Trade and other receivables |
2024
2025
27,931
31,878
4,361
271
32,149
32,292
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
43,354
11,661
| Taxation and social security |
1,127
7,603
50,673
55,262
95,154
74,526
| 6. Average number of persons employed |
During the year the average number of employees was 2 (2024 : 2)
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