REGISTERED NUMBER: 06300776

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2026

FOR

1 ACE SKIPS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

Mr J B Catlow

Mr R S Catlow

Mr M J D Catlow

SECRETARY:

Mr M J D Catlow

REGISTERED OFFICE:

Unit 3 Whitegate

White Lund Industrial Estate

Morecambe

Lancashire

LA3 3BS

REGISTERED NUMBER:

06300776

ACCOUNTANTS:

BCS (North West) Limited

95 King Street

Lancaster

Lancashire

LA1 1RH

FIXED ASSETS

Tangible assets

4

1,391,002

1,387,434

CURRENT ASSETS

Debtors

5

1,175,831

639,267

Cash at bank and in hand

1,017,137

1,360,184

2,192,968

1,999,451

CREDITORS

Amounts falling due within one year

6

855,337

839,011

NET CURRENT ASSETS

1,337,631

1,160,440

TOTAL ASSETS LESS CURRENT LIABILITIES

2,728,633

2,547,874

CREDITORS

Amounts falling due after more than one year

7

(58,539

)

(274,409

)

PROVISIONS FOR LIABILITIES

(332,544

)

(332,553

)

NET ASSETS

2,337,550

1,940,912

CAPITAL AND RESERVES

Called up share capital

31

31

Retained earnings

2,337,519

1,940,881

2,337,550

1,940,912

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28th September 2026 and were signed on its behalf by:

Mr M J D Catlow - Director

1.	STATUTORY INFORMATION

1 Ace Skips Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 34 (2025 - 33 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st April 2025

69,728

1,045,459

1,600,975

6,569

2,722,731

Additions

-

39,471

356,154

1,150

396,775

Disposals

-

(8,020

)

(257,208

)

(4,086

)

(269,314

)

At 31st March 2026

69,728

1,076,910

1,699,921

3,633

2,850,192

DEPRECIATION

At 1st April 2025

7,508

362,567

960,364

4,858

1,335,297

Charge for year

1,395

72,140

226,473

499

300,507

Eliminated on disposal

-

(7,059

)

(166,336

)

(3,219

)

(176,614

)

At 31st March 2026

8,903

427,648

1,020,501

2,138

1,459,190

NET BOOK VALUE

At 31st March 2026

60,825

649,262

679,420

1,495

1,391,002

At 31st March 2025

62,220

682,892

640,611

1,711

1,387,434

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

379,114

378,085

Amounts owed by group undertakings

766,466

229,668

Other debtors

30,251

31,514

1,175,831

639,267

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

137,506

153,219

Trade creditors

169,408

202,873

Amounts owed to group undertakings

1,982

15,184

Taxation and social security

323,396

334,435

Other creditors

223,045

133,300

855,337

839,011

Lloyds Tsb Commercial Finance Limited hold a fixed and floating charge over all of the company assets.

The bank borrowings are secured on property owed by the three directors.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

58,539

274,409

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The balance on the Directors Loan account at the year end was £10,076 debit (2025: £10,275 credit).

9.	RELATED PARTY DISCLOSURES

The company was under the control of the directors throughout the current and previous year. Mr M J D Catlow and Mr R S Catlow are the joint largest shareholders.

During the current and previous year:

The three directors were directors of V Catlow & Son Ltd. At 31st March 2026 £6,466 was owed to the company by V Catlow & Son Ltd. (2025: £13,202 owed by the company to V Catlow & Son Ltd).

The three directors were directors of Catlow Properties Ltd. As at 31st March 2026 £760,000 (2025: £210,000) was owed to the company by Catlow Properties Ltd.

The three directors were directors of BSM Metals Ltd. As at 31st March 2026 £1982 (2025: £1982) was owed by the company to BSM Metals Ltd.

Mr M J D Catlow and Mr R S Catlow have interests in Robin Sutton Gases. As at 31st March 2026 £0 (2025: £19,668) was owed to the company by Robin Sutton Gases.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st March 2026 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Our report is prepared solely for the confidential use of the directors and should not be relied upon by any third party without prior reference to ourselves.

BCS (North West) Limited

95 King Street

Lancaster

Lancashire

LA1 1RH

28th September 2026