1 January 2025 false No description of principal activity Taxfiler 2024.6 NI692947business:PrivateLimitedCompanyLtd2025-01-012025-12-31 NI6929472024-12-31 NI6929472025-01-012025-12-31 NI692947business:AuditExemptWithAccountantsReport2025-01-012025-12-31 NI692947business:FilletedAccounts2025-01-012025-12-31 NI6929472025-12-31 NI692947business:Director12025-01-012025-12-31 NI692947business:Director22025-01-012025-12-31 NI692947business:Director32025-01-012025-12-31 NI692947business:Director42025-01-012025-12-31 NI692947business:Director52025-01-012025-12-31 NI692947business:RegisteredOffice2025-01-012025-12-31 NI6929472024-12-31 NI692947core:WithinOneYear2025-12-31 NI692947core:WithinOneYear2024-12-31 NI692947core:AfterOneYear2025-12-31 NI692947core:AfterOneYear2024-12-31 NI692947core:ShareCapitalcore:PreviouslyStatedAmount2025-12-31 NI692947core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 NI692947core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-12-31 NI692947core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 NI692947core:PreviouslyStatedAmount2025-12-31 NI692947core:PreviouslyStatedAmount2024-12-31 NI692947business:SmallEntities2025-01-012025-12-31 NI692947countries:NorthernIreland2025-01-012025-12-31 NI692947core:MotorVehicles2025-01-012025-12-31 NI692947core:FurnitureFittings2025-01-012025-12-31 NI692947core:ComputerEquipment2025-01-012025-12-31 NI692947core:LandBuildings2024-12-31 NI692947core:PlantMachinery2024-12-31 NI692947core:MotorVehicles2024-12-31 NI692947core:FurnitureFittings2024-12-31 NI692947core:ComputerEquipment2024-12-31 NI692947core:LandBuildings2025-01-012025-12-31 NI692947core:PlantMachinery2025-01-012025-12-31 NI692947core:LandBuildings2025-12-31 NI692947core:PlantMachinery2025-12-31 NI692947core:MotorVehicles2025-12-31 NI692947core:FurnitureFittings2025-12-31 NI692947core:ComputerEquipment2025-12-31 NI6929472024-01-012024-12-31 iso4217:GBP xbrli:pure
Company Registration No. NI692947 (Northern Ireland)
Ace Executive Limited Unaudited accounts for the year ended 31 December 2025
Ace Executive Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Ace Executive Limited Company Information for the year ended 31 December 2025
Directors
Adrian Cochrane Watson H Watson L Watson A Ward A Ward
Company Number
NI692947 (Northern Ireland)
Registered Office
15 Fountain Street Antrim County Antrim BT41 4BG Northern Ireland
Accountants
Sixmile Accountancy Ltd Sixmile Accountancy 18A Railway Street Antrim Antrim BT41 4AE
- 3 -
Ace Executive Limited Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
801,002 
733,600 
Current assets
Debtors
5
79,229 
2,761 
Cash at bank and in hand
345,209 
109,909 
424,438 
112,670 
Creditors: amounts falling due within one year
6
(60,355)
(220,936)
Net current assets/(liabilities)
364,083 
(108,266)
Total assets less current liabilities
1,165,085 
625,334 
Creditors: amounts falling due after more than one year
7
(4,991)
(10,980)
Net assets
1,160,094 
614,354 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,159,994 
614,254 
Shareholders' funds
1,160,094 
614,354 
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 22 July 2026 and were signed on its behalf by
Adrian Cochrane Watson Director Company Registration No. NI692947
- 4 -
Ace Executive Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Ace Executive Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI692947. The registered office is 15 Fountain Street, Antrim, County Antrim, BT41 4BG, Northern Ireland.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 January 2025
100,750 
- 
926,715 
6,577 
1,420 
1,035,462 
Additions
52,195 
15,645 
151,992 
8,312 
1,271 
229,415 
At 31 December 2025
152,945 
15,645 
1,078,707 
14,889 
2,691 
1,264,877 
Depreciation
At 1 January 2025
- 
- 
299,313 
2,053 
496 
301,862 
Charge for the year
- 
3,129 
155,878 
2,567 
439 
162,013 
At 31 December 2025
- 
3,129 
455,191 
4,620 
935 
463,875 
Net book value
At 31 December 2025
152,945 
12,516 
623,516 
10,269 
1,756 
801,002 
At 31 December 2024
100,750 
- 
627,402 
4,524 
924 
733,600 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
79,229 
2,761 
- 5 -
Ace Executive Limited Notes to the Accounts for the year ended 31 December 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
1,217 
- 
VAT
17,110 
65,745 
Obligations under finance leases and hire purchase contracts
11,503 
17,377 
Trade creditors
8,700 
17,157 
Taxes and social security
3,292 
88,700 
Loans from directors
15,679 
29,637 
Accruals
2,854 
2,320 
60,355 
220,936 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Obligations under finance leases and hire purchase contracts
4,991 
10,980 
8
Average number of employees
During the year the average number of employees was 23 (2024: 23).
- 6 -