ACE FREELANCE PROFESSIONAL CONTRACTORS LIMITED


2021-07-012022-06-302022-06-30false07292405ACE FREELANCE PROFESSIONAL CONTRACTORS LIMITED2022-12-06iso4217:GBPxbrli:pure072924052021-07-01072924052022-06-30072924052021-07-012022-06-30072924052020-07-01072924052021-06-30072924052020-07-012021-06-3007292405bus:SmallEntities2021-07-012022-06-3007292405bus:AuditExempt-NoAccountantsReport2021-07-012022-06-3007292405bus:AbridgedAccounts2021-07-012022-06-3007292405bus:PrivateLimitedCompanyLtd2021-07-012022-06-3007292405core:WithinOneYear2022-06-3007292405core:AfterOneYear2022-06-3007292405core:WithinOneYear2021-06-3007292405core:AfterOneYear2021-06-3007292405core:ShareCapital2022-06-3007292405core:SharePremium2022-06-3007292405core:RevaluationReserve2022-06-3007292405core:OtherReservesSubtotal2022-06-3007292405core:RetainedEarningsAccumulatedLosses2022-06-3007292405core:ShareCapital2021-06-3007292405core:SharePremium2021-06-3007292405core:RevaluationReserve2021-06-3007292405core:OtherReservesSubtotal2021-06-3007292405core:RetainedEarningsAccumulatedLosses2021-06-3007292405core:LandBuildings2022-06-3007292405core:PlantMachinery2022-06-3007292405core:Vehicles2022-06-3007292405core:FurnitureFittings2022-06-3007292405core:OfficeEquipment2022-06-3007292405core:NetGoodwill2022-06-3007292405core:IntangibleAssetsOtherThanGoodwill2022-06-3007292405core:ListedExchangeTraded2022-06-3007292405core:UnlistedNon-exchangeTraded2022-06-3007292405core:LandBuildings2021-06-3007292405core:PlantMachinery2021-06-3007292405core:Vehicles2021-06-3007292405core:FurnitureFittings2021-06-3007292405core:OfficeEquipment2021-06-3007292405core:NetGoodwill2021-06-3007292405core:IntangibleAssetsOtherThanGoodwill2021-06-3007292405core:ListedExchangeTraded2021-06-3007292405core:UnlistedNon-exchangeTraded2021-06-3007292405core:LandBuildings2021-07-012022-06-3007292405core:PlantMachinery2021-07-012022-06-3007292405core:Vehicles2021-07-012022-06-3007292405core:FurnitureFittings2021-07-012022-06-3007292405core:OfficeEquipment2021-07-012022-06-3007292405core:NetGoodwill2021-07-012022-06-3007292405core:IntangibleAssetsOtherThanGoodwill2021-07-012022-06-3007292405core:ListedExchangeTraded2021-07-012022-06-3007292405core:UnlistedNon-exchangeTraded2021-07-012022-06-3007292405core:MoreThanFiveYears2021-07-012022-06-3007292405core:Non-currentFinancialInstruments2022-06-3007292405core:Non-currentFinancialInstruments2021-06-3007292405dpl:CostSales2021-07-012022-06-3007292405dpl:DistributionCosts2021-07-012022-06-3007292405dpl:AdministrativeExpenses2021-07-012022-06-3007292405core:LandBuildings2021-07-012022-06-3007292405core:PlantMachinery2021-07-012022-06-3007292405core:Vehicles2021-07-012022-06-3007292405core:FurnitureFittings2021-07-012022-06-3007292405core:OfficeEquipment2021-07-012022-06-3007292405core:NetGoodwill2021-07-012022-06-3007292405core:IntangibleAssetsOtherThanGoodwill2021-07-012022-06-3007292405dpl:GroupUndertakings2021-07-012022-06-3007292405dpl:ParticipatingInterests2021-07-012022-06-3007292405dpl:GroupUndertakingscore:ListedExchangeTraded2021-07-012022-06-3007292405core:ListedExchangeTraded2021-07-012022-06-3007292405dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-07-012022-06-3007292405core:UnlistedNon-exchangeTraded2021-07-012022-06-3007292405dpl:CostSales2020-07-012021-06-3007292405dpl:DistributionCosts2020-07-012021-06-3007292405dpl:AdministrativeExpenses2020-07-012021-06-3007292405core:LandBuildings2020-07-012021-06-3007292405core:PlantMachinery2020-07-012021-06-3007292405core:Vehicles2020-07-012021-06-3007292405core:FurnitureFittings2020-07-012021-06-3007292405core:OfficeEquipment2020-07-012021-06-3007292405core:NetGoodwill2020-07-012021-06-3007292405core:IntangibleAssetsOtherThanGoodwill2020-07-012021-06-3007292405dpl:GroupUndertakings2020-07-012021-06-3007292405dpl:ParticipatingInterests2020-07-012021-06-3007292405dpl:GroupUndertakingscore:ListedExchangeTraded2020-07-012021-06-3007292405core:ListedExchangeTraded2020-07-012021-06-3007292405dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-07-012021-06-3007292405core:UnlistedNon-exchangeTraded2020-07-012021-06-3007292405core:NetGoodwill2022-06-3007292405core:IntangibleAssetsOtherThanGoodwill2022-06-3007292405core:LandBuildings2022-06-3007292405core:PlantMachinery2022-06-3007292405core:Vehicles2022-06-3007292405core:FurnitureFittings2022-06-3007292405core:OfficeEquipment2022-06-3007292405core:AfterOneYear2022-06-3007292405core:WithinOneYear2022-06-3007292405core:ListedExchangeTraded2022-06-3007292405core:UnlistedNon-exchangeTraded2022-06-3007292405core:ShareCapital2022-06-3007292405core:SharePremium2022-06-3007292405core:RevaluationReserve2022-06-3007292405core:OtherReservesSubtotal2022-06-3007292405core:RetainedEarningsAccumulatedLosses2022-06-3007292405core:NetGoodwill2021-06-3007292405core:IntangibleAssetsOtherThanGoodwill2021-06-3007292405core:LandBuildings2021-06-3007292405core:PlantMachinery2021-06-3007292405core:Vehicles2021-06-3007292405core:FurnitureFittings2021-06-3007292405core:OfficeEquipment2021-06-3007292405core:AfterOneYear2021-06-3007292405core:WithinOneYear2021-06-3007292405core:ListedExchangeTraded2021-06-3007292405core:UnlistedNon-exchangeTraded2021-06-3007292405core:ShareCapital2021-06-3007292405core:SharePremium2021-06-3007292405core:RevaluationReserve2021-06-3007292405core:OtherReservesSubtotal2021-06-3007292405core:RetainedEarningsAccumulatedLosses2021-06-3007292405core:NetGoodwill2020-07-0107292405core:IntangibleAssetsOtherThanGoodwill2020-07-0107292405core:LandBuildings2020-07-0107292405core:PlantMachinery2020-07-0107292405core:Vehicles2020-07-0107292405core:FurnitureFittings2020-07-0107292405core:OfficeEquipment2020-07-0107292405core:AfterOneYear2020-07-0107292405core:WithinOneYear2020-07-0107292405core:ListedExchangeTraded2020-07-0107292405core:UnlistedNon-exchangeTraded2020-07-0107292405core:ShareCapital2020-07-0107292405core:SharePremium2020-07-0107292405core:RevaluationReserve2020-07-0107292405core:OtherReservesSubtotal2020-07-0107292405core:RetainedEarningsAccumulatedLosses2020-07-0107292405core:AfterOneYear2021-07-012022-06-3007292405core:WithinOneYear2021-07-012022-06-3007292405core:Non-currentFinancialInstrumentscore:CostValuation2021-07-012022-06-3007292405core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2021-07-012022-06-3007292405core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2021-07-012022-06-3007292405core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2021-07-012022-06-3007292405core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2021-07-012022-06-3007292405core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2021-07-012022-06-3007292405core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2021-07-012022-06-3007292405core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2021-07-012022-06-3007292405core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2021-07-012022-06-3007292405core:Non-currentFinancialInstrumentscore:CostValuation2022-06-3007292405core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-06-3007292405core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-06-3007292405core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-06-3007292405core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-06-3007292405core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-06-3007292405core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-06-3007292405core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-06-3007292405core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-06-3007292405core:Non-currentFinancialInstrumentscore:CostValuation2021-06-3007292405core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2021-06-3007292405core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2021-06-3007292405core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2021-06-3007292405core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2021-06-3007292405core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2021-06-3007292405core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2021-06-3007292405core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2021-06-3007292405core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2021-06-3007292405bus:Director12021-07-012022-06-3007292405bus:Director22021-07-012022-06-3007292405bus:Director32021-07-012022-06-30

ACE FREELANCE PROFESSIONAL CONTRACTORS LIMITED

Registered Number
07292405
(England and Wales)

Unaudited Financial Statements for the Year ended
30 June 2022

ACE FREELANCE PROFESSIONAL CONTRACTORS LIMITED
Company Information
for the year from 1 July 2021 to 30 June 2022

Directors

BALDWIN, Timothy James
KELLY, Andrew George
SZABO, Judit

Registered Address

Printing House
66 Lower Road
Harrow
HA2 0DH

Registered Number

07292405 (England and Wales)
ACE FREELANCE PROFESSIONAL CONTRACTORS LIMITED
Balance Sheet as at
30 June 2022

Notes

2022

2021

£

£

£

£

Current assets
Debtors291,660223,354
Cash at bank and on hand302,717158,014
594,377381,368
Creditors amounts falling due within one year(583,135)(371,498)
Net current assets (liabilities)11,2429,870
Total assets less current liabilities11,2429,870
Net assets11,2429,870
Capital and reserves
Called up share capital22
Profit and loss account11,2409,868
Shareholders' funds11,2429,870
  • The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.
  • The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved and authorised for issue by the Board of Directors on 6 December 2022, and are signed on its behalf by:
KELLY, Andrew George
Director
Registered Company No. 07292405
ACE FREELANCE PROFESSIONAL CONTRACTORS LIMITED
Notes to the Financial Statements
for the year ended 30 June 2022

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
The principal activity of the company is that of admin services for international contractors.
4.Accounting policies
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
5.Employee information

20222021
Average number of employees during the year33