Company Registration No. 10873993 (England and Wales)
Ace Property Maintenance Services Limited
Unaudited accounts
for the year ended 31 July 2021
Ace Property Maintenance Services Limited
Unaudited accounts
Contents
Ace Property Maintenance Services Limited
Company Information
for the year ended 31 July 2021
Directors
Luke Ellis
Mark Ellis
Sharon Ellis
Sophie Ellis
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 2021
Tangible assets
42,712
28,488
Cash at bank and in hand
96,041
68,408
Creditors: amounts falling due within one year
(143,323)
(50,660)
Net current assets
41,739
42,542
Total assets less current liabilities
84,451
71,030
Creditors: amounts falling due after more than one year
(83,580)
(79,900)
Net assets/(liabilities)
871
(8,870)
Called up share capital
100
100
Profit and loss account
771
(8,970)
Shareholders' funds
871
(8,870)
For the year ending 31 July 2021 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 6 August 2021 and were signed on its behalf by
Luke Ellis
Director
Company Registration No. 10873993
Ace Property Maintenance Services Limited
Notes to the Accounts
for the year ended 31 July 2021
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
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2020
-
58,747
-
58,747
Additions
1,776
24,715
1,973
28,464
At 31 July 2021
1,776
83,462
1,973
87,211
At 1 August 2020
-
30,259
-
30,259
Charge for the year
444
13,303
493
14,240
At 31 July 2021
444
43,562
493
44,499
At 31 July 2021
1,332
39,900
1,480
42,712
At 31 July 2020
-
28,488
-
28,488
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
57,731
8,820
Ace Property Maintenance Services Limited
Notes to the Accounts
for the year ended 31 July 2021
6
Creditors: amounts falling due within one year
2021
2020
Obligations under finance leases and hire purchase contracts
-
13,657
Trade creditors
34,703
16,939
Taxes and social security
33,800
20,044
Loans from directors
74,820
-
7
Creditors: amounts falling due after more than one year
2021
2020
Obligations under finance leases and hire purchase contracts
33,580
29,900
8
Average number of employees
During the year the average number of employees was 4 (2020: 4).
