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Registered Number: 13025476


 

 

 

GLOBAL ACE TRADE LIMITED



Abridged Accounts
 


Period of accounts

Start date: 01 December 2024

End date: 30 November 2025
 
 
Notes
 
2025
£
Fixed assets    
Investments 3 23,500 
23,500 
Current assets    
Creditors: amount falling due within one year (11,277)
Net current assets (11,277)
 
Total assets less current liabilities 12,223 
Creditors: amount falling due after more than one year (23,550)
Net assets (11,327)
 

Capital and reserves
   
Profit and loss account (11,327)
Shareholders' funds (11,327)
 


For the year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 05 August 2026 and were signed by:


-------------------------------
Nishanth Karayi
Director
1
General Information
GLOBAL ACE TRADE LIMITED is a private company, limited by shares, registered in , registration number 13025476, registration address Kapital Buildings, 2b, 2nd Floor, Charter Street, Leicester, LE1 3UD.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
2.

Average number of employees

Average number of employees during the year was 3.
3.

Investments

Cost Other investments other than loans   Total
  £   £
At 01 December 2024  
Additions  
Transfer to/from tangible fixed assets 23,500    23,500 
Disposals  
At 30 November 2025 23,500    23,500 

2