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Registered number:
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The Ace Supply Topco Limited
Company Information
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The Ace Supply Topco Limited
Contents
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The Ace Supply Topco Limited
Group Strategic Report
For the Year Ended 31 December 2025
The directors present the strategic report for the year ending 31 December 2025.
Business review The Ace Supply Topco Limited Group consists of The Ace Supply Holding Company Limited and all its subsidiaries. The consolidated accounts present the results of the Group's trading subsidiaries. The Group continues to be recognised as one of the UK’s leading distributors of automotive, caravan and leisure accessories. During 2025, the Group maintained its focus on sustainable growth while continuing to develop both its traditional business-to-business activities and its direct-to-consumer channels. Management also continued to review the cost base and operational structure in order to support long-term competitiveness and efficiency. Main Resources
Streetwize operates with a lean but robust infrastructure built around a blend of internal capabilities and external partnerships. Our core resources include:
∙People: A skilled workforce across finance, operations, customer service, sales and digital marketing.
∙Technology: E-commerce and operational systems supporting both wholesale and direct-to-consumer sales channels, integrated with third-party logistics and customer relationship systems.
∙Inventory: A diversified product base primarily focused on travel, automotive and leisure accessories.
∙Brand & IP: The “Streetwize” brand remains a key intangible asset, alongside Leisurewize, Gardenwize and Emove and DMD Collective amongst other brands.
Sources of Value
Value creation stems from:
∙Product Range: Offering value-driven, functional products aligned with seasonal and consumer travel trends.
∙Efficient Supply Chain: Sourcing from global manufacturers and reviewing opportunities to outsource selected activities overseas where this can deliver sustainable cost efficiencies without compromising quality or service.
∙Customer Relationships: Strong relationships across wholesale, retail and direct-to-consumer channels.
∙Market Responsiveness: Flexibility in product development, procurement and route-to-market to respond quickly to emerging trends and changing consumer behaviour.
Key Relationships
∙Suppliers: Longstanding partnerships with overseas manufacturers, primarily in Asia and Europe, together with selected outsourced service partners.
∙Distributors/Retailers: Relationships with independent, national and high street retailers, distributors and wholesalers, complemented by continued growth in direct-to-consumer channels.
∙Logistics Providers: Delivery partners support timely fulfilment across both B2B and B2C channels.
Markets Served
Streetwize serves primarily:
∙United Kingdom – Our largest market, accounting for the majority of sales.
∙Republic of Ireland & Western Europe – Via selected distributors and retailers.
∙Emerging Export Markets – Including selected opportunities for continued international growth.
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The Ace Supply Topco Limited
Group Strategic Report (continued)
For the Year Ended 31 December 2025
Operational Overview
There have been no fundamental changes to the core operations of the business during the year, with our focus remaining aligned to delivering high-quality products and reliable service across all customer segments. During 2025, the company continued to expand within the B2C market, broadening its route-to-market and increasing its ability to reach consumers directly through online channels, within different, unrelated product categories.
The company also continued to review its operating model and cost base. As part of this, selected activities have been considered for overseas outsourcing where this can deliver cost efficiencies and improve scalability. These initiatives form part of a broader focus on maintaining competitiveness while preserving service standards and operational resilience.
Financial Performance For the year ended 31 December 2025, the Group achieved turnover of £14,176,894 (2024: £14,524,358) and gross profit of £4,632,707 (2024: £4,589,669), representing a gross profit margin of 32.7% (2024: 31.6%). Operating profit amounted to £453,666 (2024: £417,943). Whilst revenue declined marginally during the year, the Group maintained its gross profit margin, reflecting continued focus on pricing and cost management. The improvement in operating profit reflects stable trading activity and gross margin performance, with lower administrative and distribution costs more than offsetting the impact of reduced turnover.
The Group remained well capitalised at the year end, with net assets of £4,133,625 (2024: £4,268,564). Working capital and liquidity continue to be actively managed, with particular focus on stock levels, customer collections and the effective use of invoice finance and other funding facilities. The directors remain satisfied that the Group is well positioned to support its ongoing operations and future growth.
Strategic Outlook Looking forward, the company’s strategy continues to prioritise profitable growth, scalability and improved service delivery. Continued expansion within B2C channels remains an important area of development, alongside the existing B2B customer base. The company will also continue to review opportunities to improve cost efficiency, including the selective use of overseas outsourcing where commercially appropriate, while maintaining appropriate oversight of quality, service and supply-chain resilience. Price Risk
Market price fluctuations remain a challenge, especially where cost increases cannot immediately be passed on to customers due to existing agreements or competitive pressures. In such cases, margin pressures may be absorbed by the company. Management maintains close oversight of input costs, supplier terms and channel profitability, with pricing reviewed where appropriate to protect margin integrity.
Foreign Currency Risk Risks faced by the company during the forthcoming year continue to include overseas purchases and exposure to foreign currency movements. Exchange rates are monitored closely by the Directors and, from time to time, the company enters into foreign exchange contracts to mitigate and manage currency fluctuations. Liquidity Risk Liquidity is managed through proactive financial planning and the use of appropriate funding mechanisms. The company maintains access to working capital through a combination of invoice discounting and other facilities, providing flexibility to meet operating requirements and strategic investment needs.
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The Ace Supply Topco Limited
Group Strategic Report (continued)
For the Year Ended 31 December 2025
Credit Risk
The main credit risk lies with trade receivables. Customers granted credit terms are subject to credit checks and debtor accounts are monitored on an ongoing basis. Provisions for doubtful debts are made where appropriate to safeguard the company’s financial position. Interest Rate Risk The company’s financing mix includes retained earnings, cash resources and external borrowings. Exposure to changes in interest rates is monitored by management and is not currently considered to pose a material risk to the company’s operations.
The key financial metrics used to assess performance remain consistent and include the following draft figures, subject to confirmation against the final statutory accounts:
2025 2024
Turnover £14,176,894 £14,524,358
Gross profit £4,632,707 £4,589,669
Gross profit margin 32.7% 31.6%
These KPIs form the basis of our performance evaluation and support management decision-making and future investment.
This report was approved by the board and signed on its behalf.
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The Ace Supply Topco Limited
Directors' Report
For the Year Ended 31 December 2025
The directors present their report and the financial statements for the year ended 31 December 2025.
The directors are responsible for preparing the Group Strategic Report, the Directors' Report and the consolidated financial statements in accordance with applicable law and regulations.
In preparing these financial statements, the directors are required to:
∙select suitable accounting policies for the Group's financial statements and then apply them consistently;
∙make judgments and accounting estimates that are reasonable and prudent;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Group will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and the Group and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and the Group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The profit for the year, after taxation, amounted to £237,890 (2024: £141,672).
Ordinary dividends were paid to the shareholders amounting to £340,500 (2024: £199,895).
The directors who served during the year were:
The Group will continue to import and distribute motor vehicle, leisure and garden accessories and seek opportunities to diversify through incremental growth opportunities.
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The Ace Supply Topco Limited
Directors' Report (continued)
For the Year Ended 31 December 2025
There have been no significant events affecting the Group since the year end.
The auditors, Hurst Accountants Limited, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.
This report was approved by the board and signed on its behalf.
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The Ace Supply Topco Limited
Independent Auditors' Report to the Members of The Ace Supply Topco Limited
We have audited the financial statements of The Ace Supply Topco Limited (the 'Parent Company') and its subsidiaries (the 'Group') for the year ended 31 December 2025, which comprise the Consolidated Statement of Comprehensive Income, the Consolidated Balance Sheet, the Company Balance Sheet, the Consolidated Statement of Cash Flows, the Consolidated Statement of Changes in Equity, the Company Statement of Changes in Equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the Group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the Parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' Report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
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The Ace Supply Topco Limited
Independent Auditors' Report to the Members of The Ace Supply Topco Limited (continued)
In our opinion, based on the work undertaken in the course of the audit:
∙the information given in the Group Strategic Report and the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
∙the Group Strategic Report and the Directors' Report have been prepared in accordance with applicable legal requirements.
In the light of the knowledge and understanding of the Group and the Parent Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group Strategic Report or the Directors' Report.
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The Ace Supply Topco Limited
Independent Auditors' Report to the Members of The Ace Supply Topco Limited (continued)
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Group financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Identifying and assessing potential risks related to irregularities In identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, we considered the following:
∙The nature of the industry and sector in which the company operates; the control environment and business performance including key drivers for directors' remuneration, bonus levels and performance targets.
∙The outcome of enquiries of local management and parent company management, including whether management was aware of any instances of non-compliance with laws and regulations, and whether management had knowledge of any actual, suspected, or alleged fraud.
∙Supporting documentation relating to the Company's policies and procedures for:
°Identifying, evaluating, and complying with laws and regulations
°Detecting and responding to the risks of fraud
∙The internal controls established to mitigate risks related to fraud or non-compliance with laws and regulations.
∙The outcome of discussions amongst the engagement team regarding how and where fraud might occur in the financial statements and any potential indicators of fraud.
∙The legal and regulatory framework in which the Company operates, particularly those laws and regulations which have a direct effect on the financial statements, such as the Companies Act 2006, pensions and tax legislation, or which had a fundamental effect on the operations of the Company, including General Data Protection requirements and Anti-bribery and Corruption.
Audit response to risks identified
Our procedures to respond to the risks identified included the following:
∙Reviewing the financial statements disclosures and testing to supporting documentation to assess compliance with the provisions of those relevant laws and regulations which have a direct effect on the financial statements.
∙Discussions with management, including consideration of known or suspected instances of non-compliance with laws and regulations and fraud.
∙Evaluation of the operating effectiveness of management’s controls designed to prevent and detect irregularities.
∙Enquiring of management about any actual and potential litigation and claims.
∙Performing analytical procedures to identify any unusual or unexpected relationships which may indicate risks of material misstatement due to fraud.
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The Ace Supply Topco Limited
Independent Auditors' Report to the Members of The Ace Supply Topco Limited (continued)
We have also considered the risk of fraud through management override of controls by:
∙Testing the appropriateness of journal entries and other adjustments. We have used data analytics software to identify accounting transactions which may pose a heightened risk of material misstatement, whether due to fraud or error.
∙Challenging assumptions made by management in their significant accounting estimates, and assessing whether the judgements made in making accounting estimates are indicative of a potential bias; and
∙Evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.
We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members
and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.
There are inherent limitations in the audit procedures described above, and the further removed non-compliance with laws
and regulations are from the events and transactions reflected in the financial statements, the less likely we would become
aware of them. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting
one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional
misrepresentations, or through collusion.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.
This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.
for and on behalf of
Chartered Accountants & Statutory Auditors
3 Stockport Exchange
SK1 3GG
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The Ace Supply Topco Limited
Consolidated Statement of Comprehensive Income
For the Year Ended 31 December 2025
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The Ace Supply Topco Limited
Registered number: 14930182
Consolidated Balance Sheet
As at
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 17 to 37 form part of these financial statements.
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The Ace Supply Topco Limited
Registered number: 14930182
Company Balance Sheet
As at
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 17 to 37 form part of these financial statements.
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The Ace Supply Topco Limited
Consolidated Statement of Changes in Equity
For the Year Ended 31 December 2025
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The Ace Supply Topco Limited
Company Statement of Changes in Equity
For the Year Ended 31 December 2025
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The Ace Supply Topco Limited
Consolidated Statement of Cash Flows
For the Year Ended 31 December 2025
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The Ace Supply Topco Limited
Consolidated Statement of Cash Flows (continued)
For the Year Ended 31 December 2025
Consolidated Analysis of Net Debt
For the Year Ended 31 December 2025
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The Ace Supply Topco Limited
Notes to the Financial Statements
For the Year Ended 31 December 2025
The Ace Supply Topco Limited ("the Company") is a private company limited by share capital, incorporated in England & Wales, company number 14930182. The address of the registered office and the principal place of business is Suite Ga Marsland House, Marsland Road, Sale, M33 3AQ.
The Group consists of The Ace Supply Topco Limited and its subsidiaries, The Ace Supply Holding Company Limited, The Ace Supply Company Limited and The Ace Supply Company Europe Limited. The nature of the Company's operation is that of a holding company. The nature of the subsidiary's operation and its principal activity is the wholesale trade of motor vehicle and leisure accessories.
2.Accounting policies
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 Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires Group management to exercise judgment in applying the Group's accounting policies (see note 3).
The Company has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own Statement of Comprehensive Income in these financial statements.
The Company has taken advantage of the exemption allowed under FRS 102 section 1.12 (b) and has not presented its own statement of cash flows in these financial statements.
The following principal accounting policies have been applied:
The consolidated financial statements present the results of the Company and its own subsidiaries ("the Group") as if they form a single entity. Intercompany transactions and balances between group companies are therefore eliminated in full.
The consolidated financial statements incorporate the results of business combinations using the purchase method. In the Balance Sheet, the acquiree's identifiable assets, liabilities and contingent liabilities are initially recognised at their fair values at the acquisition date. The results of acquired operations are included in the Consolidated Statement of Comprehensive Income from the date on which control is obtained. They are deconsolidated from the date control ceases.
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The Ace Supply Topco Limited
Notes to the Financial Statements
For the Year Ended 31 December 2025
2.Accounting policies (continued)
Functional and presentation currency
Transactions and balances
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The Ace Supply Topco Limited
Notes to the Financial Statements
For the Year Ended 31 December 2025
2.Accounting policies (continued)
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The Ace Supply Topco Limited
Notes to the Financial Statements
For the Year Ended 31 December 2025
2.Accounting policies (continued)
Goodwill
Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer's interest in the fair value of the Group's share of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the consolidated statement of comprehensive income over its useful economic life. Where the cost of the business combination exceeds the fair value of the group’s interest in the assets, liabilities and contingent liabilities acquired, negative goodwill arises. The group, after consideration of the assets, liabilities and contingent liabilities acquired and the cost of the combination, recognises negative goodwill on the balance sheet and releases this to profit and loss, up to the fair value of non-monetary assets acquired, over the periods in which the non-monetary assets are recovered and any excess over the fair value of non-monetary assets in the income statement over the period expected to benefit. Other intangible assets
All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the methods indicated below..
Depreciation is provided on the following basis:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
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The Ace Supply Topco Limited
Notes to the Financial Statements
For the Year Ended 31 December 2025
2.Accounting policies (continued)
The Group has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.
Basic financial assets
Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Discounting is omitted where the effect of discounting is immaterial. The Group's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.
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The Ace Supply Topco Limited
Notes to the Financial Statements
For the Year Ended 31 December 2025
2.Accounting policies (continued)
Impairment of financial assets
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.
Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.
If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.
Basic financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Group after the deduction of all its liabilities.
Basic financial liabilities, which include trade and other creditors, bank loans, other loans and loans due to fellow group companies are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.
Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.
Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
Other financial instruments
Derivatives, including forward exchange contracts, futures contracts and interest rate swaps, are not classified as basic financial instruments. These are initially recognised at fair value on the date the derivative contract is entered into, with costs being charged to the profit or loss. They are subsequently measured at fair value with changes in the profit or loss.
Debt instruments that do not meet the conditions as set out in FRS 102 paragraph 11.9 are subsequently measured at fair value through the profit or loss. This recognition and measurement would also apply to financial instruments where the performance is evaluated on a fair value basis as with a documented risk management or investment strategy.
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The Ace Supply Topco Limited
Notes to the Financial Statements
For the Year Ended 31 December 2025
2.Accounting policies (continued)
Derecognition of financial assets
Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Group transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Group will continue to recognise the value of the portion of the risks and rewards retained.
Derecognition of financial liabilities
Financial liabilities are derecognised when the Group's contractual obligations expire or are discharged or cancelled.
Provisions for slow moving and obsolete stock Management exercise judgement in estimating the obsolescence of stock and making impairments to reflect the difference between cost and estimated net realisable value. At the period end, the value of stock is £4,838,796 (2024: £5,300,717) and provisions of £259,821 (2024: £355,087) had been recognised against stock.
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The Ace Supply Topco Limited
Notes to the Financial Statements
For the Year Ended 31 December 2025
The whole of the turnover is attributable to the Group's principal activity as described in note 1.
Analysis of turnover by country of destination:
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The Ace Supply Topco Limited
Notes to the Financial Statements
For the Year Ended 31 December 2025
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The Ace Supply Topco Limited
Notes to the Financial Statements
For the Year Ended 31 December 2025
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The Ace Supply Topco Limited
Notes to the Financial Statements
For the Year Ended 31 December 2025
There were no factors that may affect future tax charges.
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The Ace Supply Topco Limited
Notes to the Financial Statements
For the Year Ended 31 December 2025
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The Ace Supply Topco Limited
Notes to the Financial Statements
For the Year Ended 31 December 2025
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The Ace Supply Topco Limited
Notes to the Financial Statements
For the Year Ended 31 December 2025
15.Tangible fixed assets (continued)
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The Ace Supply Topco Limited
Notes to the Financial Statements
For the Year Ended 31 December 2025
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The Ace Supply Topco Limited
Notes to the Financial Statements
For the Year Ended 31 December 2025
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The Ace Supply Topco Limited
Notes to the Financial Statements
For the Year Ended 31 December 2025
The bank loan is secured by way of a fixed and floating charge over the assets held by the Group.
Net obligations under finance leases and hire purchase contracts are secured on the assets to which they relate.
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The Ace Supply Topco Limited
Notes to the Financial Statements
For the Year Ended 31 December 2025
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The Ace Supply Topco Limited
Notes to the Financial Statements
For the Year Ended 31 December 2025
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The Ace Supply Topco Limited
Notes to the Financial Statements
For the Year Ended 31 December 2025
Cashflow hedge reserve
The cashflow hedge reserve includes all gains and losses made on forward contracts. Merger reserve The merger reserve arose on a share for share exchange. Profit and loss account The profit and loss account represents accumulated profits and losses since incorporation, net of dividends paid.
The Group operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Group in an independently administered fund. The pension cost charge represents contributions payable by the Group to the fund and amounted to £100,406 (2024: £370,203). Contributions totalling £11,162 (2024: £294,189) were payable to the fund at the balance sheet date and are included in creditors.
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The Ace Supply Topco Limited
Notes to the Financial Statements
For the Year Ended 31 December 2025
Included within other debtors within one year, is a loan due from one of the directors, amounting to £Nil (2024:
£246).
Included within other creditors within one year, the Company has loans owed to two directors, amounting to £62,870
(2024: £17,434). The loans are interest free and there is no scheduled repayment date.
During the period there was no overall controlling party of The Ace Supply Topco Limited.
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