Company No: 05578597 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

A Dellal

SECRETARY

J Bell

REGISTERED OFFICE	22 Chancery Lane
	London
	WC2A 1LS
	United Kingdom

COMPANY NUMBER

05578597 (England and Wales)

	Note	2025		2024
		£		£
Fixed assets
Investments	3	1,448,278		1,448,278
		1,448,278		1,448,278
Current assets
Debtors	4	324,680		324,680
		324,680		324,680
Creditors: amounts falling due within one year	5	( 215,658)		( 209,903)
Net current assets		109,022		114,777
Total assets less current liabilities		1,557,300		1,563,055
Net assets		1,557,300		1,563,055
Capital and reserves
Called-up share capital		1		1
Profit and loss account		1,557,299		1,563,054
Total shareholder's funds		1,557,300		1,563,055

For the financial 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.

Director's responsibilities:

• The member has not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of ACE (US 7) Limited (registered number: 05578597) were approved and authorised for issue by the Director on 16 December 2025. They were signed on its behalf by:

A Dellal Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

ACE (US 7) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 22 Chancery Lane, London, WC2A 1LS, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Group accounts exemption

Group accounts exemption s400
The Company has taken advantage of the exemption under section 400 of the Companies Act 2006 not to prepare consolidated accounts. The financial statements present information about the company as an individual entity and not about its group.

ACE (US 7) Limited is a wholly owned subsidiary of Allied Commercial Exporters Limited and the results of ACE (US 7) Limited are included in the consolidated financial statements of Allied Commercial Holdings Limited which are available from Companies House, Crown Way, Cardiff, CF14 3UZ.

Finance costs

Finance costs are charged to the Profit and Loss Account over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Fixed asset investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Trade and other debtors

Debtors are measured at transaction price, less any impairment.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the company during the year	0		0

3. Fixed asset investments

Investments in subsidiaries

	2025
	£
Cost
At 01 April 2024	1,448,278
At 31 March 2025	1,448,278
Carrying value at 31 March 2025	1,448,278
Carrying value at 31 March 2024	1,448,278

The company has a 100% interest in the following wholly owned partnerships:

Mislex LLC - Property Development (USA)

The registered office of Mislex LLC is Corporation Service Company, 2711 Centreville Road, Suite 400, Wilmington, Delaware, 19808, USA.

4. Debtors

	2025		2024
	£		£
Amounts owed by group undertakings	324,680		324,680

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Amounts owed to group undertakings	215,658		209,903