Ace Glass & Mirrors Limited 06080069 producing glass and mirror products false 1 August 2024 06080069 2024-08-01 2025-07-31 06080069 2024-07-31 06080069 2025-07-31 06080069 2023-08-01 2024-07-31 06080069 2023-07-31 06080069 2024-07-31 06080069 frs102-bus:FRS102 2024-08-01 2025-07-31 06080069 frs102-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 06080069 frs102-bus:FullAccounts 2024-08-01 2025-07-31 06080069 frs102-bus:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 06080069 frs102-core:CurrentFinancialInstruments 2025-07-31 06080069 frs102-core:CurrentFinancialInstruments 2024-07-31 06080069 frs102-core:Non-currentFinancialInstruments 2025-07-31 06080069 frs102-core:Non-currentFinancialInstruments 2024-07-31 06080069 frs102-core:ShareCapital 2025-07-31 06080069 frs102-core:ShareCapital 2024-07-31 06080069 frs102-core:RetainedEarningsAccumulatedLosses 2025-07-31 06080069 frs102-core:RetainedEarningsAccumulatedLosses 2024-07-31 06080069 frs102-bus:Director1 2024-08-01 2025-07-31 06080069 frs102-core:ToolsEquipment 2024-08-01 2025-07-31 06080069 frs102-core:Vehicles 2024-08-01 2025-07-31 06080069 frs102-core:Non-standardPPEClass3ComponentTotalPropertyPlantEquipment 2024-07-31 06080069 frs102-core:Vehicles 2024-07-31 06080069 frs102-core:Non-standardPPEClass3ComponentTotalPropertyPlantEquipment 2025-07-31 06080069 frs102-core:Vehicles 2025-07-31 06080069 frs102-core:Non-standardPPEClass3ComponentTotalPropertyPlantEquipment 2024-08-01 2025-07-31 06080069 frs102-core:Non-standardPPEClass3ComponentTotalPropertyPlantEquipment 2024-07-31 06080069 frs102-core:Vehicles 2024-07-31 06080069 frs102-bus:OrdinaryShareClass1 2025-07-31 06080069 frs102-bus:OrdinaryShareClass1 2024-07-31 06080069 frs102-bus:OrdinaryShareClass1 2024-08-01 2025-07-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares

| Registered number
| 06080069

| Ace Glass & Mirrors Limited |
| Unaudited Accounts |
| for the year ended |
| 31 July 2025 |

Ace Glass & Mirrors Limited Balance Sheet as at 31 July 2025
| Notes |  | 2025 £ |  | 2024 £
--- | --- | --- | --- | --- | ---
Fixed assets |  |  |  |  |
Tangible assets | 3 |  | 4,328 |  | 5,771
|  |  | 4,328 |  | 5,771
Current assets |  |  |  |  |
Stocks | 4 | 3,496 |  | 4,281 |
Debtors | 5 | 4,296 |  | 2,234 |
Cash at bank and in hand |  | 3,734 |  | 2,950 |
|  | 11,526 |  | 9,465 |
Creditors: amounts falling due within one year | 6 | (31,100) |  | (27,493) |
Net current assets / (liabilities) |  |  | (19,574) |  | (18,028)
Total assets less current liabilities |  |  | (15,246) |  | (12,257)
Creditors: amounts falling due after more than one year | 7 |  | (2,145) |  | (3,448)
Provisions for liabilities |  |  | (0) |  | (0)
Accruals and deferred income |  |  | (1,100) |  | (1,100)
Total net assets (liabilities) |  |  | (18,491) |  | (16,805)
Capital and reserves |  |  |  |  |
Called up share capital | 8 |  | 2 |  | 2
Profit and loss account |  |  | (18,493) |  | (16,807)
Shareholders' funds |  |  | (18,491) |  | (16,805)

Ace Glass & Mirrors Limited
Balance Sheet
as at 31 July 2025

These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 July 2025 the company was entitled to exemption 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.

Signed on behalf of the board of directors

...............................

Mr A Feast

Director

Approved by the board on 21 January 2026

Company Number: 06080069 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

87-89 Alder Road
Poole
Dorset
BH12 2AB

Ace Glass & Mirrors Limited
Notes to the Accounts
for the year ended 31 July 2025

1. | Accounting policies
--- | ---
| Basis of preparation of financial statements These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.

| Going concern basis
--- | ---
| The company is funded by a loan from the director. The director has considered the next 12 months and due to the director's continued support by way of the loan, the director has considered it appropriate to prepare the financial statements on the going concern basis.

| Revenue recognition
--- | ---
| Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.

| Tangible fixed assets depreciation policy
--- | ---
| Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Equipment | 25% Reducing Balance
Vehicles | 25% Reducing Balance

| Stocks
--- | ---
| Stocks are valued at the lower of cost and net realisable value after taking into account costs of completion and sale. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. The amount of any write-down to net realisable value, and all losses of stock, are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down is recognised as a reduction in the amount of stock expensed in the period in which the reversal occurs.

| Financial instruments
--- | ---
| Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares that are measured at fair value. Derivative financial instruments are initially recorded at cost and thereafter at fair value. All changes in fair value are recognised in the profit or loss account in the period in which they occurred.

2. | Employees
--- | ---
|  | 2025 |  | 2024
| Average number of employees during the period | 2 |  | 2

3. | Tangible fixed assets
--- | ---
|  | Equipment |  | Vehicles |  | Total
| Cost or valuation | £ |  | £ |  | £
| At 1 August 2024 | 6,996 |  | 11,053 |  | 18,049
| At 31 July 2025 | 6,996 |  | 11,053 |  | 18,049
| Depreciation |  |  |
| At 1 August 2024 | 5,888 |  | 6,390 |  | 12,278
| Charge for the period | 277 |  | 1,166 |  | 1,443
| At 31 July 2025 | 6,165 |  | 7,556 |  | 13,721
| Net book value |  |  |
| At 31 July 2025 | 831 |  | 3,497 |  | 4,328
| At 31 July 2024 | 1,108 |  | 4,663 |  | 5,771

4. | Stocks
--- | ---
|  | 2025 |  | 2024
|  | £ |  | £
| Stocks of raw materials and consumables | 3,325 |  | 3,869
| Work in progress | 171 |  | 412
|  | 3,496 |  | 4,281

5. | Debtors
--- | ---
|  | 2025 |  | 2024
|  | £ |  | £
| Trade debtors | 3,622 |  | 812
| Other debtors | 674 |  | 1,422
|  | 4,296 |  | 2,234

6. | Creditors: amounts falling due within one year
--- | ---
|  | 2025 |  | 2024
|  | £ |  | £
| Bank Loans & Overdrafts | 2,600 |  | 2,600
| Trade creditors | 13,640 |  | 5,272
| Taxation & social security | 1,979 |  | 1,436
| Other creditors | 12,881 |  | 18,185
|  | 31,100 |  | 27,493

7. | Creditors: amounts falling due after one year
--- | ---
|  | 2025 |  | 2024
|  | £ |  | £
| Bank Loans & overdrafts | 2,145 |  | 3,448
|  | 2,145 |  | 3,448

8. | Share capital
--- | ---
|  | 2025 |  | 2024
|  | £ |  | £
| Allotted, called up and fully paid: |  |  |
| 2 (2024: 2) Ordinary shares of £1.00 each | 2 |  | 2
|  | 2 |  | 2