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FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2020 |
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ACE COMMODITIES TRADING LIMITED |
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FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2020 |
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FOR |
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ACE COMMODITIES TRADING LIMITED |
ACE COMMODITIES TRADING LIMITED (Registered number: 07339098) |
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CONTENTS OF THE FINANCIAL STATEMENTS |
for the year ended 31 May 2020 |
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Company Information | 1 |
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Balance Sheet | 2 | to | 3 |
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Notes to the Financial Statements | 4 |
ACE COMMODITIES TRADING LIMITED |
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COMPANY INFORMATION |
for the year ended 31 May 2020 |
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Director: |
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Registered office: |
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Registered number: |
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ACE COMMODITIES TRADING LIMITED (Registered number: 07339098) |
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BALANCE SHEET |
31 May 2020 |
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2020 | 2019 |
Notes | £ | £ |
Fixed assets |
Tangible assets | 4 |
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Creditors |
Amounts falling due within one year | 5 |
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Net current liabilities | ( |
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Total assets less current liabilities | ( |
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Capital and reserves |
Called up share capital | 6 |
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Retained earnings | ( |
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Shareholders' funds | ( |
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ACE COMMODITIES TRADING LIMITED (Registered number: 07339098) |
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BALANCE SHEET - continued |
31 May 2020 |
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The director acknowledges his responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
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In accordance with Section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered. |
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The financial statements were approved by the director and authorised for issue on
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ACE COMMODITIES TRADING LIMITED (Registered number: 07339098) |
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NOTES TO THE FINANCIAL STATEMENTS |
for the year ended 31 May 2020 |
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1. | STATUTORY INFORMATION |
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Ace Commodities Trading Limited is a private company, limited by shares, registered in England and Wales. The company's registered number, business address and registered office address can be found on the Company Information page. |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The company is no longer a going concern and has subsequently become dormant. |
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3. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the year was NIL (2019 - NIL). |
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4. | TANGIBLE FIXED ASSETS |
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There are no fixed assets. |
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5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2020 | 2019 |
£ | £ |
Other creditors |
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6. | CALLED UP SHARE CAPITAL |
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Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2020 | 2019 |
value: | £ | £ |
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Ordinary shares | £1 | 100 | 100 |
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7. | ULTIMATE CONTROLLING PARTY |
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The ultimate controlling party is
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