Company Registration No. 12474891 (England and Wales)
Ace Property (b'ham) Limited
Unaudited accounts
for the year ended 28 February 2026
Ace Property (b'ham) Limited
Unaudited accounts
Contents
Ace Property (b'ham) Limited
Company Information
for the year ended 28 February 2026
Directors
KHAKI, Hasnain
KHAKI, Zohra
Company Number
12474891 (England and Wales)
Registered Office
34 Pembroke Croft
Birmingham
West Midlands
B28 9EY
England
Ace Property (b'ham) Limited
Statement of financial position
as at 28 February 2026
Investment property
490,780
Cash at bank and in hand
1,986
Creditors: amounts falling due within one year
(925)
Total assets less current liabilities
499,891
Creditors: amounts falling due after more than one year
(535,211)
Called up share capital
100
Profit and loss account
(35,420)
Shareholders' funds
(35,320)
For the year ending 28 February 2026 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 directors acknowledge their 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 of Directors and authorised for issue on 31 October 2026 and were signed on its behalf by
KHAKI, Hasnain
Director
Company Registration No. 12474891
Ace Property (b'ham) Limited
Notes to the Accounts
for the year ended 28 February 2026
Ace Property (b'ham) Limited is a private company, limited by shares, registered in England and Wales, registration number 12474891. The registered office is 34 Pembroke Croft, Birmingham, West Midlands, B28 9EY, England.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 March 2025
232,980
Net loss from fair value adjustments
(2,600)
At 28 February 2026
490,780
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2026
7
Creditors: amounts falling due after more than one year
2026
Loans from directors
213,461
Ace Property (b'ham) Limited
Notes to the Accounts
for the year ended 28 February 2026
8
Average number of employees
During the year the average number of employees was 0.