Caseware UK (AP4) 2025.0.111 2025.0.111 2025-11-30 2025-11-30 2024-10-03 3 No description of principal activity true false 0 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. false 15996878 2024-10-02 15996878 2024-10-03 2025-11-30 15996878 2023-10-03 2024-10-02 15996878 2025-11-30 15996878 c:Director1 2024-10-03 2025-11-30 15996878 d:CurrentFinancialInstruments 2025-11-30 15996878 d:Non-currentFinancialInstruments 2025-11-30 15996878 d:CurrentFinancialInstruments d:WithinOneYear 2025-11-30 15996878 d:Non-currentFinancialInstruments d:AfterOneYear 2025-11-30 15996878 d:ShareCapital 2025-11-30 15996878 d:SharePremium 2025-11-30 15996878 c:OrdinaryShareClass1 2024-10-03 2025-11-30 15996878 c:OrdinaryShareClass1 2025-11-30 15996878 c:OrdinaryShareClass2 2024-10-03 2025-11-30 15996878 c:OrdinaryShareClass2 2025-11-30 15996878 c:FRS102 2024-10-03 2025-11-30 15996878 c:AuditExempt-NoAccountantsReport 2024-10-03 2025-11-30 15996878 c:FullAccounts 2024-10-03 2025-11-30 15996878 c:PrivateLimitedCompanyLtd 2024-10-03 2025-11-30 15996878 4 2024-10-03 2025-11-30 15996878 6 2024-10-03 2025-11-30 15996878 e:PoundSterling 2024-10-03 2025-11-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 15996878 ACE 2024 LTD (FORMALLY FREETHSSHEFF34 LIMITED) UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2025
ACE 2024 LTD (FORMALLY FREETHSSHEFF34 LIMITED) REGISTERED NUMBER: 15996878 BALANCE SHEET AS AT 30 NOVEMBER 2025
|  | 2025
Note |  | £
Fixed assets |  |  |
Investments |  |  | 4,408,674
Current assets |  |  |
Debtors: amounts falling due within one year |  | 200 |
|  | 200 |
Creditors: amounts falling due within one year | 7 |  | (236,230)
Creditors: amounts falling due after more than one year |  |  | (2,247,444)
Net assets |  |  | 1,925,200
Capital and reserves |  |  |
Called up share capital |  |  | 211
Share premium account |  |  | 1,924,989
|  |  | 1,925,200
The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 2 July 2026.
W Ballance
Director
The notes on pages 2 to 6 form part of these financial statements. Page 1
ACE 2024 LTD (FORMALLY FREETHSSHEFF34 LIMITED) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2025
1. | General information
Ace 2024 Ltd is a private Company limited by shares, incorporated in England and Wales (registered number: 15996878). Its registered office is Unit 3, Acres Hill Business Park, Acres Hill Lane, Sheffield, S9 4LR. The Company incorporated on 3 October 2024 and from this date, the principal activitiy was that of a holding Company. 2. Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies. The Company's functional and presentation currency is pounds sterling. The following principal accounting policies have been applied:
| 2.2 | Taxation
Tax is recognised in the Statement of Income and Retained Earnings. The current tax charge is calculated on the basis of tax rates and laws that have been enacted orsubstantively enacted by the balance sheet date in the countries where the Company operates and generates income. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
| 2.3 | Exceptional items
Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence. Page 2
ACE 2024 LTD (FORMALLY FREETHSSHEFF34 LIMITED) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2025 2. Accounting policies (continued)
| 2.4 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment. Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment. Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period. Page 3
ACE 2024 LTD (FORMALLY FREETHSSHEFF34 LIMITED) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2025 2. Accounting policies (continued)
| 2.5 | Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties. Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost. Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
3. | Employees
| The average monthly number of employees, including directors, during the period was 3.
4. | Exceptional items
|  |  |  |  | 30 November
|  |  |  |  | 2025
|  |  |  |  | £
| Exceptional items - impairment of investment | 521,158
|  | 521,158
Page 4
ACE 2024 LTD (FORMALLY FREETHSSHEFF34 LIMITED) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2025
5. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| Additions | 4,929,832
| At 30 November 2025 | 4,929,832
| Impairment |
| Revaluations | 521,158
| At 30 November 2025 | 521,158
| Net book value |
| At 30 November 2025 | 4,408,674
6. | Debtors
|  |  |  |  | 2025
|  |  |  |  | £
| Other debtors | 200
|  | 200
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025
|  |  |  |  | £
| Bank loans | 137,456
| Amounts owed to group undertakings | 48,927
| Other creditors | 49,847
|  | 236,230
| See note 9 for details of security
Page 5
ACE 2024 LTD (FORMALLY FREETHSSHEFF34 LIMITED) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2025
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025
|  |  |  |  | £
| Bank loans | 871,600
| Other creditors | 1,375,844
|  | 2,247,444
| Included in creditors are bank loans on which security has been given by a fixed and floating charge over the assets of the subsidiary Company (Apex Consulting Engineers Limited) Included in creditors greater than 1 year are loans due after 5 years totalling £1,340,427.
9. | Share capital
|  |  |  |  | 2025
|  |  |  |  | £
|  | Allotted, called up and fully paid |
|  | 200 Ordinary shares of £1.0 each | 200
|  | 11 Founder shares of £1.0 each | 11
|  |  | 211
Following incorporation, 199 Ordinary shares were issued at par on 24 Oct 2024, followed by 11 Founder shares on the same date
Page 6