ACE SCAFFOLDING CONTRACTORS LTD


Directors	EAST, Arthur Courtney
	QUANT, Elliot


Registered Address	1 Wilmington Parade
	1 Wilmington Parade
	Brighton
	BN1 8JJ


Registered Number	11504615 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		470,538		350,263
			470,538		350,263
Current assets
Debtors		544,926		526,685
Cash at bank and on hand		21,497		8,154
		566,423		534,839
Creditors amounts falling due within one year	4	(574,597)		(483,785)
Net current assets (liabilities)			(8,174)		51,054
Total assets less current liabilities			462,364		401,317
Creditors amounts falling due after one year	5		(104,819)		(57,362)
Net assets			357,545		343,955
Capital and reserves
Called up share capital			10		10
Profit and loss account			357,535		343,945
Shareholders' funds			357,545		343,955

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 31 December 2025, and are signed on its behalf by:

QUANT, Elliot
Director
Registered Company No. 11504615

ACE SCAFFOLDING CONTRACTORS LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 105, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:


	Reducing balance (%)	Straight line (years)
Plant and machinery	20	-
Fixtures and fittings	20	-
Vehicles	20	-
Office Equipment	-	3.03

2.	Average number of employees


		2025		2024
	Average number of employees during the year	6		6

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 24	435,975	73,228	4,963	514,166
Additions	218,143	89,155	-	307,298
Disposals	(83,690)	(4,300)	-	(87,990)
At 31 March 25	570,428	158,083	4,963	733,474
Depreciation and impairment
At 01 April 24	139,190	23,291	1,422	163,903
Charge for year	79,096	19,680	257	99,033
At 31 March 25	218,286	42,971	1,679	262,936
Net book value
At 31 March 25	352,142	115,112	3,284	470,538
At 31 March 24	296,785	49,937	3,541	350,263

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	418,105	429,939
Bank borrowings and overdrafts	123,255	52,396
Taxation and social security	31,786	-
Accrued liabilities and deferred income	1,451	1,450
Total	574,597	483,785

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	104,819	57,362
Total	104,819	57,362