1 August 2024 false No description of principal activity Taxfiler 2024.6 15011993business:PrivateLimitedCompanyLtd2024-08-012025-07-31 150119932024-07-31 150119932024-08-012025-07-31 15011993business:AuditExempt-NoAccountantsReport2024-08-012025-07-31 15011993business:FilletedAccounts2024-08-012025-07-31 150119932025-07-31 15011993business:Director12024-08-012025-07-31 150119932024-07-31 15011993core:WithinOneYear2025-07-31 15011993core:WithinOneYear2024-07-31 15011993core:AfterOneYear2025-07-31 15011993core:AfterOneYear2024-07-31 15011993core:ShareCapitalcore:PreviouslyStatedAmount2025-07-31 15011993core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 15011993core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-07-31 15011993core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 15011993core:PreviouslyStatedAmount2025-07-31 15011993core:PreviouslyStatedAmount2024-07-31 15011993business:SmallEntities2024-08-012025-07-31 15011993countries:EnglandWales2024-08-012025-07-31 15011993core:FurnitureFittings2024-08-012025-07-31 15011993core:ComputerEquipment2024-08-012025-07-31 15011993core:FurnitureFittings2024-07-31 15011993core:ComputerEquipment2024-07-31 15011993core:FurnitureFittings2025-07-31 15011993core:ComputerEquipment2025-07-31 150119932023-07-182024-07-31 iso4217:GBP xbrli:pure
Company Registration No. 15011993 (England and Wales)
Ace Car Solutions Ltd Unaudited accounts for the year ended 31 July 2025
Ace Car Solutions Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Ace Car Solutions Ltd Company Information for the year ended 31 July 2025
Director
Asim Bashir
Company Number
15011993 (England and Wales)
- 3 -
Ace Car Solutions Ltd Statement of financial position as at 31 July 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
4,133 
4,140 
Current assets
Inventories
75,900 
60,000 
Cash at bank and in hand
2,989 
989 
78,889 
60,989 
Creditors: amounts falling due within one year
5
(22,912)
(63,137)
Net current assets/(liabilities)
55,977 
(2,148)
Total assets less current liabilities
60,110 
1,992 
Creditors: amounts falling due after more than one year
6
(28,517)
- 
Net assets
31,593 
1,992 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
31,592 
1,991 
Shareholders' funds
31,593 
1,992 
For the year ending 31 July 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 his 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 10 August 2026 and were signed on its behalf by
Asim Bashir Director Company Registration No. 15011993
- 4 -
Ace Car Solutions Ltd Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Ace Car Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 15011993.
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:
Fixtures & fittings
10%
Computer equipment
10%
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2024
3,500 
1,100 
4,600 
Additions
- 
453 
453 
At 31 July 2025
3,500 
1,553 
5,053 
Depreciation
At 1 August 2024
350 
110 
460 
Charge for the year
315 
145 
460 
At 31 July 2025
665 
255 
920 
Net book value
At 31 July 2025
2,835 
1,298 
4,133 
At 31 July 2024
3,150 
990 
4,140 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
303 
- 
Trade creditors
15,488 
62,670 
Taxes and social security
7,121 
467 
22,912 
63,137 
- 5 -
Ace Car Solutions Ltd Notes to the Accounts for the year ended 31 July 2025
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Loans from directors
28,517 
- 
7
Average number of employees
During the year the average number of employees was 4 (2024: 2).
- 6 -