Company Registration No. 10299474 (England and Wales)
Ace Roofing and Building Limited
Unaudited accounts
for the year ended 31 July 2021
Ace Roofing and Building Limited
Unaudited accounts
Contents
Ace Roofing and Building Limited
Company Information
for the year ended 31 July 2021
Company Number
10299474 (England and Wales)
Registered Office
Unit 6, Bassett Business Units
Hurricane Way
North Weald
Essex
CM16 6AA
United Kingdom
Accountants
Geppert & Co
PO Box 9938
Epping
Essex
CM16 9BF
Ace Roofing and Building Limited
Statement of financial position
as at
31 July 2021
Tangible assets
2,634
3,371
Cash at bank and in hand
1,988
259
Creditors: amounts falling due within one year
(6,145)
(7,860)
Net current assets
16,783
12,621
Called up share capital
1
1
Profit and loss account
19,416
15,991
Shareholders' funds
19,417
15,992
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 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.
The financial statements were approved by the Board and authorised for issue on 29 April 2022 and were signed on its behalf by
Benjamin Lee
Director
Company Registration No. 10299474
Ace Roofing and Building Limited
Notes to the Accounts
for the year ended 31 July 2021
Ace Roofing and Building Limited is a private company, limited by shares, registered in England and Wales, registration number 10299474. The registered office is Unit 6, Bassett Business Units, Hurricane Way, North Weald, Essex, CM16 6AA, United Kingdom.
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:
Plant & machinery
20% on reducing balance
Motor vehicles
25% on reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2020
3,288
4,000
7,288
At 31 July 2021
3,288
4,000
7,288
At 1 August 2020
1,183
2,734
3,917
Charge for the year
421
316
737
At 31 July 2021
1,604
3,050
4,654
At 31 July 2021
1,684
950
2,634
At 31 July 2020
2,105
1,266
3,371
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
13,655
12,250
Ace Roofing and Building Limited
Notes to the Accounts
for the year ended 31 July 2021
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
3,145
5,360
Other creditors
3,000
2,500
7
Average number of employees
During the year the average number of employees was 1 (2020: 1).