Company Registration No. 13255270 (England and Wales)
Ace Welfare Hire Ltd
Unaudited accounts
for the year ended 31 March 2025
Ace Welfare Hire Ltd
Unaudited accounts
Contents
Ace Welfare Hire Ltd
Company Information
for the year ended 31 March 2025
Director
Robert Craig Mathews
Company Number
13255270 (England and Wales)
Registered Office
5 ARLEY ROAD
PANDY
WREXHAM
LL12 8PQ
WALES
Accountants
Victoria Davies MAAT
Cae Coch
Golly
Burton
Rossett
Wrexham
LL12 0AL
Ace Welfare Hire Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
476,022
576,848
Cash at bank and in hand
9,359
31,052
Creditors: amounts falling due within one year
(37,094)
(132,840)
Net current liabilities
(21,869)
(95,922)
Total assets less current liabilities
454,153
480,926
Creditors: amounts falling due after more than one year
(176,642)
(276,808)
Net assets
277,511
204,118
Profit and loss account
277,511
204,118
Shareholders' funds
277,511
204,118
For the 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. 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 2 December 2025 and were signed on its behalf by
Robert Craig Mathews
Director
Company Registration No. 13255270
Ace Welfare Hire Ltd
Notes to the Accounts
for the year ended 31 March 2025
Ace Welfare Hire Ltd is a private company, limited by shares, registered in England and Wales, registration number 13255270. The registered office is 5 ARLEY ROAD, PANDY, WREXHAM, LL12 8PQ, WALES.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
20% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
823,241
76,020
448
899,709
Additions
8,995
9,064
-
18,059
At 31 March 2025
832,236
85,084
448
917,768
At 1 April 2024
304,854
18,007
-
322,861
Charge for the year
105,470
13,415
-
118,885
At 31 March 2025
410,324
31,422
-
441,746
At 31 March 2025
421,912
53,662
448
476,022
At 31 March 2024
518,387
58,013
448
576,848
Amounts falling due within one year
Ace Welfare Hire Ltd
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
7,011
7,011
Obligations under finance leases and hire purchase contracts
19,491
106,929
Taxes and social security
1,385
3,046
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
43,716
43,716
Loans from directors
131,581
224,736
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).