Registration number: 14905372

Ace Aggregates Ltd

Contents

Company Information	1
Statement of Financial Position	2
Notes to the Unaudited Financial Statements	3 to 6

Ace Aggregates Ltd

Company Information

Directors

Mrs S Littlechild Mr S E Littlechild

Registered office

Jubliee House 32 Duncan Close Moulton Park Northampton NN3 6WL

Accountants

Hawsons Chartered Accountants Jubilee House 32 Duncan Close Moulton Park Northampton NN3 6WL

Ace Aggregates Ltd

(Registration number: 14905372)

Statement of Financial Position as at 31 May 2025

	Note	2025 £	2024 £
Non-Current Assets
Intangible assets	3	13,125	-
Property, Plant and Equipment	4	112,100	-
		125,225	-
Current assets
Trade and other receivables	5	49,966	100
Cash at bank and in hand		21,325	-
		71,291	100
Trade and other payables: Amounts falling due within one year	6	(109,636)	-
Net current (liabilities)/assets		(38,345)	100
Total assets less current liabilities		86,880	100
Trade and other payables: Amounts falling due after more than one year	6	(32,000)	-
Provisions for liabilities		(6,047)	-
Net assets		48,833	100
Equity
Called up share capital		100	100
Retained earnings		48,733	-
Shareholders' funds		48,833	100

For the financial year ending 31 May 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 delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Statement of Comprehensive Income has been taken.

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised by the Board on 13 May 2026 and signed on its behalf by:
 

......................................... Mr S E Littlechild Director

Ace Aggregates Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

1	Accounting policies

Summary of significant accounting policies and key accounting estimates

Ace Aggregates Ltd is a company limited by shares incorporated in England within the United Kingdom. The address of the registered office is given in the company information on page 1 of these financial statements.

The financial statements are presented in sterling, which is the functional currency of the company.

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Revenue comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Revenue is shown net of value added tax.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity
and specific criteria have been met for each of the company’s activities.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Property, Plant and Equipment

Property, Plant and Equipment are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of property, plant and equipment includes directly attributable incremental costs incurred in their acquisition and installation.

Ace Aggregates Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025 (continued)

1	Accounting policies (continued)

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor vehicles	15% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition.

Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date.

Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Intangible assets

All the company’s internal generated software development intangible assets are held for long-term investment and are included in the Statement of Financial Position at their open market value.

The surplus or deficit on annual revaluation of such software is recognised within the revaluation reserve in the Statement of Changes in Equity.

An annual review is carried out for internally generated software development costs for impairment by the directors'.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Database rights, digital assets, copyright and goodwill	4 years straight line

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the statement of financial position as a finance lease obligation.

Lease payments are apportioned between finance costs in the statement of comprehensive income and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

2	Staff numbers

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

Ace Aggregates Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025 (continued)

3	Intangible assets

	Other intangible assets  £
Cost or valuation
Additions acquired separately	14,000
At 31 May 2025	14,000
Amortisation
Amortisation charge	875
At 31 May 2025	875
Carrying amount
At 31 May 2025	13,125

4	Property, Plant and Equipment

	Motor vehicles  £
Cost or valuation
Revaluations	41,939
Additions	76,061
At 31 May 2025	118,000
Depreciation
Charge for the year	5,900
At 31 May 2025	5,900
Carrying amount
At 31 May 2025	112,100

5	Trade and other receivables

Current	2025 £	2024 £
Trade receivables	19,642	-
Amounts owed by related parties	17,841	-
Prepayments	10,727	-
Other trade and other receivables	1,756	100
	49,966	100

Ace Aggregates Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025 (continued)

6	Trade and other payables

Trade and other payables: amounts falling due within one year

	2025 £	2024 £
Due within one year
Loans and borrowings	33,961	-
Trade payables	26,336	-
Taxation and social security	15,132	-
Accruals and deferred income	2,750	-
Other creditors	31,457	-
	109,636	-

Trade and other payables: amounts falling due after more than one year

	2025 £	2024 £
Due after one year
Loans and borrowings	32,000	-