Registered number
12782894
Ace Finish Smart Repairs LTD
Filleted Abridged Accounts
31 July 2024

Ace Finish Smart Repairs LTD
Registered number: | 12782894
Abridged Balance Sheet
as at 31 July 2024
Notes |  |  | 2024 |  |  | 2023
£ | £
Current assets
Debtors |  |  | 3,496 |  |  | 2,450
Cash at bank and in hand |  |  | 893 |  |  | 110
|  |  | 4,389 |  |  | 2,560
Creditors: amounts falling due within one year |  |  | (3,987) |  |  | (2,155)
Net current assets |  |  |  | 402 |  |  | 405
Net assets |  |  |  | 402 |  |  | 405
Capital and reserves
Called up share capital |  |  |  | 100 |  |  | 100
Profit and loss account |  |  |  | 302 |  |  | 305
Shareholders' funds |  |  |  | 402 |  |  | 405
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.
Anton Burke
Director
Approved by the board on 13 January 2026

Ace Finish Smart Repairs LTD
Notes to the Abridged Accounts
for the year ended 31 July 2024
1 | Accounting policies
| Turnover
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
| Debtors
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 | Employees | 2024 |  | 2023
Number | Number
| Average number of persons employed by the company | 0 |  | 0
3 | Other information
| Ace Finish Smart Repairs LTD is a private company limited by shares and incorporated in England. Its registered office is:
| 70 Bounces Road
| Edmonton
| London
| N9 8JS

Ace Finish Smart Repairs LTD 12782894 false 2023-08-01 2024-07-31 2024-07-31 VT Final Accounts April 2025 Anton Burke No description of principal activity 12782894 2022-08-01 2023-07-31 12782894 core:WithinOneYear 2023-07-31 12782894 core:ShareCapital 2023-07-31 12782894 core:RetainedEarningsAccumulatedLosses 2023-07-31 12782894 2023-08-01 2024-07-31 12782894 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12782894 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 12782894 bus:Director40 2023-08-01 2024-07-31 12782894 1 2023-08-01 2024-07-31 12782894 2 2023-08-01 2024-07-31 12782894 countries:England 2023-08-01 2024-07-31 12782894 bus:FRS102 2023-08-01 2024-07-31 12782894 bus:AbridgedAccounts 2023-08-01 2024-07-31 12782894 2024-07-31 12782894 core:WithinOneYear 2024-07-31 12782894 core:ShareCapital 2024-07-31 12782894 core:RetainedEarningsAccumulatedLosses 2024-07-31 12782894 2023-07-31 iso4217:GBP xbrli:pure