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Ace Holiday Limited
Unaudited Financial Statements
For The Year Ended 31 January 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07924856
2026 2025
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 23,375 20,044
Cash at bank and in hand 98,500 69,451
121,875 89,495
Creditors: Amounts Falling Due Within One Year 5 (80,502 ) (41,409 )
NET CURRENT ASSETS (LIABILITIES) 41,373 48,086
TOTAL ASSETS LESS CURRENT LIABILITIES 41,373 48,086
NET ASSETS 41,373 48,086
CAPITAL AND RESERVES
Called up share capital 6 2 2
Profit and Loss Account 41,371 48,084
SHAREHOLDERS' FUNDS 41,373 48,086
Page 1
Page 2
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Aaron Cohen
Director
9 October 2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Ace Holiday Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07924856 . The registered office is 95A Sutherland Avenue, Maida Vale, London, W9 2HG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The company remains reliant upon the continuing support of  its director who confirms that such support will be maintained for the forseeable future.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2025: 1)
1 1
4. Debtors
2026 2025
£ £
Due within one year
Other debtors 23,375 20,044
Page 3
Page 4
5. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Corporation tax - 11,916
Other taxes and social security 1,149 -
Other creditors 51,493 3,861
Accruals and deferred income 4,213 1,230
Director's loan account 23,647 24,402
80,502 41,409
6. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 2 2
7. Related Party Transactions
The director hase lent funds to the company unsecured, interest free and repayable on demand. At the balance sheet date the amount of such funds lent amounted to £23,647 (2025: £24,402).
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