Company Registration No. 10873993 (England and Wales)
Ace Property Maintenance Services Limited
Unaudited accounts
for the year ended 31 July 2019
Ace Property Maintenance Services Limited
Unaudited accounts
Contents
Ace Property Maintenance Services Limited
Company Information
for the year ended 31 July 2019
Company Number
10873993 (England and Wales)
Registered Office
29 Andrew Road
St Neots
Cambs
PE19 2QE
Accountants
Accountancy Gems Limited
29 Andrew Road
St Neots
Cambs
PE19 2QE
Ace Property Maintenance Services Limited
Statement of financial position
as at 31 July 2019
Tangible assets
40,942
26,977
Cash at bank and in hand
1,364
16,532
Creditors: amounts falling due within one year
(63,876)
(61,214)
Net current liabilities
(34,898)
(23,596)
Total assets less current liabilities
6,044
3,381
Creditors: amounts falling due after more than one year
(41,141)
-
Net (liabilities)/assets
(35,097)
3,381
Called up share capital
100
100
Profit and loss account
(35,197)
3,281
Shareholders' funds
(35,097)
3,381
For the year ending 31 July 2019 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.
Approved by the Board on 4 October 2019.
Luke Ellis
Director
Company Registration No. 10873993
Ace Property Maintenance Services Limited
Notes to the Accounts
for the year ended 31 July 2019
Ace Property Maintenance Services Limited is a private company, limited by shares, registered in England and Wales, registration number 10873993. The registered office is 29 Andrew Road, St Neots, Cambs, PE19 2QE.
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 remained unchanged from the previous year, and also 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.
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:
Motor vehicles
25% reducing balance method
4
Tangible fixed assets
Motor vehicles
Charge for the year
12,950
Work in progress
10,000
2,156
Ace Property Maintenance Services Limited
Notes to the Accounts
for the year ended 31 July 2019
Trade debtors
16,289
16,880
7
Creditors: amounts falling due within one year
2019
2018
Trade creditors
32,011
37,335
Taxes and social security
21,920
19,329
Loans from directors
-
4,550
8
Creditors: amounts falling due after more than one year
2019
2018
Obligations under finance leases and hire purchase contracts
41,141
-
9
Average number of employees
During the year the average number of employees was 5 (2018: 4).
