Ace Cargo Service Ltd - Filleted accounts

Registered number

05844936

Ace Cargo Service Ltd

Filleted Accounts

31 August 2025

Ace Cargo Service Ltd
Registered number:		05844936
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Current assets
Debtors	3	345,870			192,242
Cash at bank and in hand		105,719			286,177
		451,589			478,419

Creditors: amounts falling due within one year	4	(117,471)			(117,072)

Net current assets			334,118			361,347

Net assets			334,118			361,347

Capital and reserves
Called up share capital			100			100
Profit and loss account			334,018			361,247

Shareholders' funds			334,118			361,347

The director is 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 director acknowledges his 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.




H C Kim
Director
Approved by the board on 22 April 2026

Ace Cargo Service Ltd
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 rendering of services. 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.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	5		4


3	Debtors	2025		2024
£			£

	Trade debtors	261,568		107,113
	Other debtors	84,302		85,129
		345,870		192,242


4	Creditors: amounts falling due within one year	2025		2024
£			£

	Trade creditors	102,631		94,013
	Taxation and social security costs	12,207		20,814
	Other creditors	2,633		2,245
		117,471		117,072


5	Other information

	Ace Cargo Service Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 4, Falcon Way
	North Feltham Trading Estate
	Feltham
	Middlesex
	TW14 0XJ