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REGISTERED NUMBER: 04043946 (England and Wales)

Unaudited Financial Statements

for the Period 1 March 2024 to 31 August 2025

for

ACEWELL INSTALLATIONS LTD

ACEWELL INSTALLATIONS LTD (REGISTERED NUMBER: 04043946)

Contents of the Financial Statements

for the Period 1 March 2024 to 31 August 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

ACEWELL INSTALLATIONS LTD

Company Information

for the Period 1 March 2024 to 31 August 2025

| DIRECTORS: | Mr C Bracewell

| Mrs C Bracewell

| SECRETARY: | Mrs C Bracewell

| REGISTERED OFFICE: | Simpson Street Works

| Simpson Street

| Hapton

| Burnley

| Lancashire

| BB12 7LJ

| REGISTERED NUMBER: | 04043946 (England and Wales)

| ACCOUNTANTS: | BTMR Limited

| Century Buildings

| 14 St Mary's Parsonage

| Manchester

| M3 2DF

| BANKERS: | Barclays Bank Plc

| PO Box 43

| 72/78 St. James Street

| Burnley

| Lancashire

| BB11 1GF

ACEWELL INSTALLATIONS LTD (REGISTERED NUMBER: 04043946)

Balance Sheet

31 August 2025

| 31.8.25 | 29.2.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 57,417 |  | 83,065 |  |

57,417 |  | 83,065 |  |

CURRENT ASSETS

Stocks | 26,493 |  | 66,999 |  |

Debtors | 6 | 20,934 |  | 40,359 |  |

Cash at bank and in hand | 7,010 |  | 19,552 |  |

54,437 |  | 126,910 |  |

CREDITORS

Amounts falling due within one year | 7 | 55,002 |  | 116,596 |  |

NET CURRENT (LIABILITIES)/ASSETS | (565 | ) | 10,314 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 56,852 |  | 93,379 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (23,148 | ) | (30,556 | ) |

PROVISIONS FOR LIABILITIES | (5,582 | ) | (8,909 | ) |

NET ASSETS | 28,122 |  | 53,914 |  |

CAPITAL AND RESERVES

Called up share capital | 12 |  | 12 |  |

Share premium | 26,525 |  | 26,525 |  |

Capital redemption reserve | 2 |  | 2 |  |

Retained earnings | 1,583 |  | 27,375 |  |

SHAREHOLDERS' FUNDS | 28,122 |  | 53,914 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ACEWELL INSTALLATIONS LTD (REGISTERED NUMBER: 04043946)

Balance Sheet - continued

31 August 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 February 2026 and were signed on its behalf by:

Mrs C Bracewell - Director

ACEWELL INSTALLATIONS LTD (REGISTERED NUMBER: 04043946)

Notes to the Financial Statements

for the Period 1 March 2024 to 31 August 2025

1. | STATUTORY INFORMATION

| Acewell Installations Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Turnover

| Turnover is accounted for as revenue when, and to the extent that, the company obtains a right to consideration in exchange for its performance of its obligations under the sales contract with the customer. The amount reported as revenue is the fair value of the right to consideration - usually the price specified in the contractual arrangement net of discounts and net of VAT, and after any allowance for credit risk and other uncertainties.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2007, was amortised evenly over its estimated useful life of three years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Short leasehold | - | 15% on reducing balance

| Plant and machinery | - | 15% on reducing balance

| Fixtures and fittings | - | 15% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Tangible fixed assets are initially recorded at cost.

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Taxation

| Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

| 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.

ACEWELL INSTALLATIONS LTD (REGISTERED NUMBER: 04043946)

Notes to the Financial Statements - continued

for the Period 1 March 2024 to 31 August 2025

2. | ACCOUNTING POLICIES - continued

| Hire purchase and leasing commitments

| Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Financial instruments

| Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 4 (2024 - 5 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 March 2024 | 5,000 |  |

| Disposals | (5,000 | ) |

| At 31 August 2025 | - |  |

| AMORTISATION

| At 1 March 2024 | 5,000 |  |

| Eliminated on disposal | (5,000 | ) |

| At 31 August 2025 | - |  |

| NET BOOK VALUE

| At 31 August 2025 | - |  |

| At 29 February 2024 | - |  |

ACEWELL INSTALLATIONS LTD (REGISTERED NUMBER: 04043946)

Notes to the Financial Statements - continued

for the Period 1 March 2024 to 31 August 2025

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| Short |  | Plant and |  | and |  | Motor |

| leasehold |  | machinery |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 March 2024 | 100,546 |  | 113,272 |  | 14,719 |  | 69,700 |  | 298,237 |  |

| Disposals | - |  | - |  | - |  | (39,700 | ) | (39,700 | ) |

| At 31 August 2025 | 100,546 |  | 113,272 |  | 14,719 |  | 30,000 |  | 258,537 |  |

| DEPRECIATION

| At 1 March 2024 | 64,368 |  | 94,137 |  | 9,554 |  | 47,113 |  | 215,172 |  |

| Charge for period | 8,140 |  | 4,306 |  | 1,162 |  | 6,328 |  | 19,936 |  |

| Eliminated on disposal | - |  | - |  | - |  | (33,988 | ) | (33,988 | ) |

| At 31 August 2025 | 72,508 |  | 98,443 |  | 10,716 |  | 19,453 |  | 201,120 |  |

| NET BOOK VALUE

| At 31 August 2025 | 28,038 |  | 14,829 |  | 4,003 |  | 10,547 |  | 57,417 |  |

| At 29 February 2024 | 36,178 |  | 19,135 |  | 5,165 |  | 22,587 |  | 83,065 |  |

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Motor

| vehicles

£ |

| COST

| At 1 March 2024 | 6,750 |  |

| Disposals | (6,750 | ) |

| At 31 August 2025 | - |  |

| DEPRECIATION

| At 1 March 2024 | 3,902 |  |

| Eliminated on disposal | (3,902 | ) |

| At 31 August 2025 | - |  |

| NET BOOK VALUE

| At 31 August 2025 | - |  |

| At 29 February 2024 | 2,848 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.8.25 |  | 29.2.24

£ | £ |

| Trade debtors | 4,434 |  | 18,997 |  |

| Other debtors | 16,500 |  | 21,362 |  |

20,934 |  | 40,359 |  |

ACEWELL INSTALLATIONS LTD (REGISTERED NUMBER: 04043946)

Notes to the Financial Statements - continued

for the Period 1 March 2024 to 31 August 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.8.25 |  | 29.2.24

£ | £ |

| Bank loans and overdrafts | 5,556 |  | 6,481 |  |

| Hire purchase contracts (see note 9) | - |  | 2,114 |  |

| Trade creditors | 20,229 |  | 36,260 |  |

| Taxation and social security | 1,596 |  | 4,509 |  |

| Other creditors | 27,621 |  | 67,232 |  |

55,002 |  | 116,596 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.8.25 |  | 29.2.24

£ | £ |

| Bank loans | 23,148 |  | 30,556 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 926 |  | 8,334 |  |

9. | LEASING AGREEMENTS

| Minimum lease payments under hire purchase fall due as follows:

| 31.8.25 |  | 29.2.24 |

£ | £ |

| Net obligations repayable:

| Within one year | - |  | 2,114 |  |

10. | CONTROLLING PARTY

| The company was under the joint control of Mr C T Bracewell and Mrs C M Bracewell during the year.