Ace Fibreglass (Sherborne) Limited 07839948 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is fibreglass design and manufacture. Digita Accounts Production Advanced 6.30.9574.0 true 07839948 2024-04-01 2025-03-31 07839948 2025-03-31 07839948 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 07839948 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 07839948 1 2025-03-31 07839948 bus:Micro-entities 2024-04-01 2025-03-31 07839948 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 07839948 bus:FilletedAccounts 2024-04-01 2025-03-31 07839948 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07839948 bus:RegisteredOffice 2024-04-01 2025-03-31 07839948 bus:CompanySecretaryDirector1 2024-04-01 2025-03-31 07839948 bus:Director1 2024-04-01 2025-03-31 07839948 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07839948 bus:Agent1 2024-04-01 2025-03-31 07839948 countries:EnglandWales 2024-04-01 2025-03-31 07839948 1 2024-04-01 2025-03-31 07839948 1 2024-03-31 07839948 2023-04-01 2024-03-31 07839948 2024-03-31 07839948 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 07839948 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 07839948 1 2024-03-31 07839948 1 2023-04-01 2024-03-31 07839948 1 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 07839948

Ace Fibreglass (Sherborne) Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2025

Ace Fibreglass (Sherborne) Limited

Contents

Company Information | 1
Accountants' Report | 2
Balance Sheet | 3 to 4
Notes to the Unaudited Financial Statements | 3

Ace Fibreglass (Sherborne) Limited

Company Information

Directors | Mrs R M Gay Mr I M Gay

Company secretary | Mr I M Gay

Registered office | 77a Cheap Street Sherborne Dorset DT9 3BA

Accountants | Lanham & Francis 77a Cheap Street Sherborne Dorset DT9 3BA

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Ace Fibreglass (Sherborne) Limited
for the Year Ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Ace Fibreglass (Sherborne) Limited for the year ended 31 March 2025 as set out on pages 3 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Ace Fibreglass (Sherborne) Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Ace Fibreglass (Sherborne) Limited and state those matters that we have agreed to state to the Board of Directors of Ace Fibreglass (Sherborne) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ace Fibreglass (Sherborne) Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Ace Fibreglass (Sherborne) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Ace Fibreglass (Sherborne) Limited. You consider that Ace Fibreglass (Sherborne) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Ace Fibreglass (Sherborne) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

Lanham & Francis
77a Cheap Street
Sherborne
Dorset
DT9 3BA

17 March 2026

Ace Fibreglass (Sherborne) Limited

(Registration number: 07839948)
Balance Sheet as at 31 March 2025

| 2025 £ | 2024 £
Fixed assets | 65,636 | 66,779
Current assets | 230,452 | 232,843
Prepayments and accrued income | 1,789 | 1,196
Creditors: Amounts falling due within one year | (53,143) | (46,640)
Net current assets | 179,098 | 187,399
Total assets less current liabilities | 244,734 | 254,178
Creditors: Amounts falling due after more than one year | (1,000) | (9,333)
Accruals and deferred income | (1,961) | (1,172)
| 241,773 | 243,673
Capital and reserves | 241,773 | 243,673

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
77a Cheap Street
Sherborne
Dorset
DT9 3BA

These financial statements were authorised for issue by the Board on 17 March 2026.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

These financial statements are prepared in Sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

2 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 8 (2024 - 8).

3 | Related party transactions

Transactions with directors

2025 | At 1 April 2024 £ | Advances to director £ | Repayments by director £ | At 31 March 2025 £
Interest free loan | 24,038 | 6,004 | (24,038) | 6,004

Ace Fibreglass (Sherborne) Limited

(Registration number: 07839948)
Balance Sheet as at 31 March 2025 (continued)

3 | Related party transactions (continued)

2024 | At 1 April 2023 £ | Advances to director £ | Repayments by director £ | At 31 March 2024 £
Interest free loan | 24,052 | 6,986 | (7,000) | 24,038

For the financial 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.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the micro entities regime and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 17 March 2026 and signed on its behalf by:

Mr I M Gay Company secretary and director |  |