17 October 2024 false Taxfiler 2024.6 16025804 business:CompanyLimitedByGuarantee 2024-10-17 2025-10-31 16025804 2024-10-16 16025804 2024-10-17 2025-10-31 16025804 business:AuditExempt-NoAccountantsReport 2024-10-17 2025-10-31 16025804 business:FilletedAccounts 2024-10-17 2025-10-31 16025804 2025-10-31 16025804 business:Director1 2024-10-17 2025-10-31 16025804 core:WithinOneYear 2025-10-31 16025804 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-10-31 16025804 core:PreviouslyStatedAmount 2025-10-31 16025804 business:SmallEntities 2024-10-17 2025-10-31 16025804 countries:EnglandWales 2024-10-17 2025-10-31 iso4217:GBP xbrli:pure
Company Registration No. 16025804 (England and Wales)
ACE ALTERNATIVE PROVISION Unaudited accounts for the period from 17 October 2024 to 31 October 2025
ACE ALTERNATIVE PROVISION Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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ACE ALTERNATIVE PROVISION Company Information for the period from 17 October 2024 to 31 October 2025
Director
Glendene GRIFFITH
Company Number
16025804 (England and Wales)
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ACE ALTERNATIVE PROVISION Statement of financial position as at 31 October 2025
2025
Notes
£
Current assets
Debtors
4
132,383
Cash at bank and in hand
1,805
134,188
Creditors: amounts falling due within one year
5
(133,610)
Net current assets
578
Net assets
578
Reserves
6
Profit and loss account
578
Members' funds
578
For the period ending 31 October 2025 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 June 2026 and were signed on its behalf by
Glendene GRIFFITH Director Company Registration No. 16025804
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ACE ALTERNATIVE PROVISION Notes to the Accounts for the period from 17 October 2024 to 31 October 2025
1
Statutory information
ACE ALTERNATIVE PROVISION is a private company, limited by guarantee, registered in England and Wales, registration number 16025804.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the period from 17 October 2024 to 31 October 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 17 October 2024. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2025
£
Amounts falling due within one year
Trade debtors
132,383
5
Creditors: amounts falling due within one year
2025
£
Taxes and social security
130,533
Other creditors
3,077
133,610
6
Company limited by guarantee
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
7
Average number of employees
During the period the average number of employees was 23.
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